More / Bitcoin Reddit - 1 year ago
The Fed has completely painted itself into a corner at this point. We've seen over a decade of extremely easy monetary policy since the housing crash, zero percent interest rates (free money at the top), quantitative easing propping up markets, six...
Cryptocoins News / Blockchain - 1 year ago
BlockFi, a major crypto lending platform based in New Jersey, announced last Friday that it would increase deposit rates across several cryptocurrencies starting from July 1.
The crypto lender said it would lower withdrawal fees on various cryptoc...
More / Etherum Reddit - 1 year ago
Hi, I have heard US has raised interest rates and it seems banks are offering higher interest now. 0.75-1%. But when I see interest rates in aave/compound they are quite low (<0.4%). I expected given these defi lending protocols are efficient than...
by COINS NEWS - 1 year ago
The Federal Reserve just raised interest rates by the single largest amount since 1994. Why is this bad for crypto? Because since it's became popular recently, crypto currency is now heavily correlated with regular public markets, and specifical...
by COINS NEWS - 1 year ago
https://fred.stlouisfed.org/series/FEDFUNDS We've had historically low-interest rates since 2008 because of the market crash. Bitcoin's rise was in this era. Bitcoin promised deflation - that your money won't just inflate away in a low-in...
Cryptocoins News / The Cointelegraph - 1 year ago
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph...
Cryptocoins News / The Cointelegraph - 1 year ago
The United States Federal Open Market Committee (FOMC) concluded two days of meetings Wednesday with a widely anticipated announcement of an interest rate hike of 50 base points, or 0.5%. It is the second of an expected seven rate adjustments this ye...
Cryptocoins News / Blockchain - 2 years ago
The United States Federal Reserve announced to its interest rates by 25 basis points, the first time in about three years it will be making such a move since December 2018.
When the hit in 2020, the apex central bank the interest rate to Zero in...
by COINS NEWS - 2 years ago
As the title says, How do you all think this could affect the price/economy. Historically the last time interest rates were used to curb inflation it trigged a recession. I fear with whats going on in Ukraine it could be a perfect storm. It sounds li...
Cryptocoins News / NewsBTC - 2 years ago
The price of bitcoin has dropped after the Federal Reserve said that it will likely raise interest rates in March.
Bitcoin lost its yesterday’s gain, now trading at $36k at press time. However, Fed Chairman Jerome Powell stated during a press c...
by COINS NEWS - 2 years ago
***Edit- clarification on time line. This has already started and will go through the next or 6. ****Edit 2 I am not saying down or up, I am saying extremely volatile (e.g. all over the place** Gree...
Bitcoin News / Bitcoin.com - 2 years ago
The European Central Bank is concerned over inflation in the euro area rising beyond its own expectations, a high-ranking ECB official has admitted. However, Europe’s monetary authority is not prepared to raise interest rates at this point in...
by COINS NEWS - 2 years ago
In the 1970’s, when the economy was much stronger. The trade deficit was a trade surplus, government debt was only 300b, and the market had healthy 5% interest rates, we STILL had to raise interest rates to 20% to reign in inflation. Twenty percent....
by COINS NEWS - 2 years ago
This is another classic case of the Chinese New Year narrative. That's when people try to pull out any news happening around that time, and try to make it fit as a narrative to explain Bitcoin's price, even if it doesn't really fit....
