pivot – DIGIT INFO

Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes

DIGIT — Mon, 09 Jan 2023 15:00:25 +0000

The U.S. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading many to question when the central bank will cease or change course. The Fed has stated that it aims to bring inflation down to the 2% target, and the increases to the federal funds rate are intended […]

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Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious Metal

DIGIT — Sun, 08 Jan 2023 16:00:05 +0000

Gold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% against the U.S. dollar. Over the past 65 days, gold has soared 14.55% while silver has skyrocketed 22.31% against the greenback since Nov. 3, 2022. According to the head of metals strategy […]

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‘Forget a pivot’ — markets won’t see Fed rate cut boost in 2023, says analyst

DIGIT — Tue, 20 Dec 2022 14:25:00 +0000

Bitcoin, stocks or else, there is now no light at the end of the Fed rate hike tunnel in 2023, says Jim Bianco.

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Robert Kiyosaki calls Bitcoin a ‘buying opportunity’ as US dollar surges

DIGIT — Mon, 03 Oct 2022 05:27:57 +0000

The best-selling author of Rich Dad Poor Dad has tipped Bitcoin and two other commodities as buying opportunities, noting a U.S. dollar crash could occur by January.

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Crowdfunding Platform Kickstarter Will Shift to Blockchain-Based Model

DIGIT — Fri, 10 Dec 2021 14:49:41 +0000

Kickstarter, one of the leading crowdfunding platforms on the market, has decided to abandon its current business model and migrate to a blockchain-based platform. This will be built by an independent organization funded initially by Kickstarter to work on the protocol. The new platform will be built on top of the Celo blockchain. Kick-Starting a […]

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Chinese Miners Pivot to Alternative Currencies to Keep Operating

DIGIT — Sat, 24 Jul 2021 01:30:10 +0000

The Chinese mining crackdown forced many miners to stop their operations and relocate. But another group of miners is planning to pivot to new, more efficient mining schemes to keep operating in the country. Lesser-known tokens and proof-of-stake-based systems are now in the sights of these miners as ways to continue their work away from […]

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