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Tag: fed officials

Weekly Market Wrap: Bitcoin tests upper US$30,000, Ether rises past US$2,000 after Shanghai upgrade

Bitcoin, the world’s largest cryptocurrency by market capitalization, rose 9.87% from April 7 to April 14 to trade at US$30,688 at 9:15 p.m. on...

Limitless: a look at the Fed’s mission creep

This past week’s bailout of depositors at Silicon Valley Bank will remain hotly debated, but one thing is likely: this latest expansion of the...

Steve Forbes Says the Fed Is ‘Inflicting Unnecessary Pain’ With Interest Rate Hikes

Media mogul Steve Forbes, chairman of Forbes Media, has warned that the Federal Reserve is “inflicting unnecessary pain” on the U.S. economy with its...

Bank of America Expects the Fed to Keep Hiking Rates Until ‘Point of Pain’ for Consumer Demand

Bank of America has warned that the Federal Reserve will have to keep raising interest rates until it finds “the point of pain...

Bitcoin falls below US$23,000, Ether slides in crypto price slump across the board

Bitcoin and Ether prices slumped in Friday morning trading in Asia, along with all other top 10 non-stablecoin cryptocurrencies amid reports U.S.-based cryptocurrency bank...

Markets: Bitcoin, Ether fall along with top 10 cryptos; SOL biggest loser

Bitcoin and Ether fell during Asian trading hours on Friday, along with the rest of the top 10 non-stablecoin cryptocurrencies by market capitalization. Solana’s...

Markets: Bitcoin slumps in broad sell off amid SEC charges against Kraken, regulation worries

Bitcoin sank below US$22,000 in Friday morning trading in Asia after the U.S. Securities and Exchange Commission slapped a fine on the Kraken exchange,...

Markets: Bitcoin, Ether extend gains; Polygon leads top 10 cryptos

Bitcoin and Ethereum extended gains on Wednesday afternoon in Asia along with all other top 10 non-stablecoin cryptocurrencies by market capitalization. Asian equities were...

Markets: Bitcoin falls below US$23,000, Ether drops as crypto market follows equities lower

Bitcoin traded below US$23,000 on Monday morning in Asia, tracking a decline in U.S. equities as unexpectedly strong job growth numbers on Friday raised...

EUR/USD drifting continues

The euro continues to have a very quiet week, as EUR/USD appears content to trade around the 1.08 line. Lagarde brings her message to...

Pound edges lower as retail sales slump

The British pound has edged lower on Friday. In the European session, GBP/USD is trading at 1.2360, down 0.27%. Retail sales fall sharply UK retail...

Fed pushing back

European stock markets are softer in early trade on Tuesday following a similar session in much of Asia as investors turn more cautious...

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