Fed chair signals faster tapering of stimulus
The Fed will discuss speeding up the pace of its bond-buying taper at the December 14–15 meeting, Powell said, CNBC reports.The branch of economics studying the behavior and performance of an economy as a whole.
Fed chair signals faster tapering of stimulus
The Fed will discuss speeding up the pace of its bond-buying taper at the December 14–15 meeting, Powell said, CNBC reports.
Huobi analysts deem PlanB’s Stock-to-Flow model flawed.
The popular Stock-to-Flow (S2F) model may be flawed—the Bitcoin price in the remaining days of November is unlikely to reach the projected $98,000. Huobi analysts say its author PlanB did not account for normalization of monetary policy by the Fed.
Ethereum to become deflationary in 2022
In the first half of 2022, Ethereum's supply will peak at 119.7 million ETH, after which the coin will become deflationary. Data from Ultrasound Money shows this.
Fed announces tapering of emergency stimulus programme
The US Federal Reserve (the Fed) will begin winding down its asset purchases and cut the pace of purchases of government bonds by $10 billion and mortgage-backed securities by $5 billion.
Goldman Sachs sees Ethereum rising to $8,000 by year-end
Ethereum price could rise to $8,000 by year-end if the historical correlation with inflation expectations holds. This view is held by Goldman Sachs global markets managing director Bernard Rzymelka, according to ZeroHedge.
Peter Thiel says Bitcoin at $60,000 is a sign of inflation
The high price of Bitcoin indicates that the economy is facing real inflation. This view was expressed by PayPal co-founder Peter Thiel, Bloomberg reports.
Jack Dorsey Warned About Inflation, and Michael Saylor Saw Salvation in Bitcoin
Jack Dorsey pointed to signs of approaching hyperinflation that “will change everything around.” He predicted that it would soon manifest itself in the United States, then in the world.
Billionaire Carl Icahn calls Bitcoin an inflation hedge
Carl Icahn warns CNBC of an impending crisis and touts Bitcoin as an inflation hedge.
Evergrande pays up on September 22, but authorities warn of a potential ‘storm’
The on-balance-sheet debt of Evergrande Group, which is on the brink of collapse and is estimated at about 2% of China’s GDP, paid interest on bonds to local investors. Beijing has urged local authorities to prepare for a potential 'storm', according to the Wall Street Journal.
Fed officials flag a modest rate-hike path as cryptocurrencies reclaim Tuesday’s highs
The median forecast for the federal funds rate at the end of 2023 was 1%, and for 2024 1.8%; votes for and against the first rate hike in 2022 were evenly split. These data are contained in the Fed's updated projections from the Federal Open Market Committee.
Possible default by a Chinese developer rattled markets, weighing on Bitcoin
The risk of default by one of China's largest construction companies, Evergrande, which has accumulated debt of 2 trillion yuan ($309 billion), on September 20 provoked panic in financial markets. Bitcoin fell by 9%.We use cookies to improve the quality of our service.
By using this website, you agree to the Privacy policy.