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Latest economy News
Markets
Wall Street analysts have raised their recession predictions, a move that may affect Bitcoin and other popular altcoins like Shiba Inu, Dogecoin, Ripple, and Cardano. PIMCO analysts have boosted their recession odds to 35%, while JPMorgan economists see a 40%…
News
Bolivia’s state-owned energy firm YPFB will begin using crypto to pay for fuel imports as the country grapples with a severe shortage of U.S. dollars and dwindling natural gas production. The decision follows government approval to use digital assets for…
News
In a speech delivered today at the U.S. Monetary Policy Forum in New York City, Federal Reserve Chair Jerome Powell emphasized the central bank’s cautious approach amid prevailing economic uncertainties. Powell reiterated the Federal Reserve’s readiness to maintain current interest…
News
How will inflation, strong jobs data, and rising Treasury yields shape the Fed’s upcoming rate decision? The Federal Reserve’s Jan. 29 meeting looms large as markets eagerly await clarity on interest rate policy. With a 97.3% probability that rates will…
BTC
Bitcoin
Feature
After weeks of quiet, Bitcoin has once again smashed the $100,000 mark. With $1.54 billion in $120,000 call options and Trump-era crypto speculation, is the stage set for a massive rally? BTC breaches $100,000, again Bitcoin (BTC) has been stealing…
BTC
Bitcoin
Opinion
Economies in Asia and the Middle East are stepping up with tailored rules for digital assets, underscoring crypto's emergence as a truly multipolar industry.
ETH
Ethereum
News
Temasek, a Singaporean investment firm, shows concerns over the potential impact of Donald Trump’s presidential victory on the global economy. According to a Bloomberg report, Temasek’s chief investment officer, Rohit Sipahimalani, argues that while Trump may appeal to markets due…
BTC
Bitcoin
Markets
Bitcoin and other altcoins held steady after the Bureau of Labor Statistics published encouraging September nonfarm payrolls data. US nonfarm payrolls rebound Bitcoin (BTC) rose slightly to $62,500 while Solana (SOL) jumped by 3% to $140. FTX Token (FTT) was…
Markets
Falling cryptocurrencies like Bitcoin, Jasmy, and Avalanche could face further downsides after the U.S. published strong gross domestic product and jobless claims data.
Markets
After a short-term bullish moment at the start of October, the crypto market has turned red again. The Israel-Palestine war might be one of the reasons for the bearish sentiment. According to the data provided by Santiment, the “bullish” trend…
Markets
As Israel announced a state of war with the Palestinian armed organization Hamas, speculation is rife about the potential impact on Bitcoin and the broader altcoin markets. During geopolitical upheavals like wars or military conflicts, market volatility usually spikes. While…
Markets
The crypto market has reacted little to the U.S. Federal Reserve’s decision to leave interest rates unchanged, even as it hinted at a final hike before year’s end. On Sept. 20, the U.S. Federal Reserve (Fed) Chair Jerome Powell held…
News
Tether’s CTO, Paolo Ardoino, reveals that the company bought more US Treasury bills than the United Arab Emirates, Australia, Japan, and Mexico. In a post on X (formerly Twitter), Ardoino highlights that Tether’s current hold in the US Treasury bills…
USDT
Tether
Feature
Challenging a recent claim that tracking Bitcoin against fiat currencies is futile, this article uncovers the indispensable link between them. Understanding and interpreting the market dynamics is essential in a rapidly evolving cryptocurrency landscape. Recently, a claim was made on…
News
Renowned author and investor Robert Kiyosaki has rebutted the Wall Street Journal’s portrayal of a thriving US economy, underlining his skepticism on Twitter. Kiyosaki stressed that the recent upswing in the stock market was primarily driven by President Joe Biden’s…
Follow-up
A recent video by the macrocycle analysis channel, The Chart Guys, hosted by crypto Youtuber Jason Pizzino, offered an extensive examination of historical cycles in stocks, real estate, and bitcoin (BTC). The analyst provided intriguing insights into possible market trends…
