Santiment, a market intelligence platform, shared a post on Twitter today about the recent performances of Bitcoin (BTC), Ethereum (ETH), and several other altcoins. The post indicated that BTC and ETH have managed to hold steady in their ranges, while certain altcoins have continued to experience losses. In this article, we will take a closer […]
According to data released by the Federal Reserve on Monday, US banks have tightened their credit standards in the first few months of the year, as businesses and consumers show less demand for loans. The survey data indicates that the impact of higher central bank interest rates is starting to be felt in the finance
Federal Reserve Survey Reveals Drop in Loan Demand as Banks Tighten Credit Terms Read More »
Shiba Inu (SHIB) has recently experienced a significant drop in price, hitting a 90-day low despite substantial token-burning efforts. Traders have taken advantage of the dip, resulting in increased trading volume, but strong sell signals suggest significant selling pressure on SHIB. Token Burning Efforts Fail to Raise SHIB’s Value Despite the recent burning of about
SHIB Investors in Panic Mode as Token Value Crashes to Lowest Point in 90 Days Read More »
Through Lucia Mutikani White House (Reuters) – The United States’ employment growth picked up in April while pay growth picked up significantly, indicating ongoing labor market strength that may force the Federal Reserve to maintain higher interest rates for longer as it works to manage inflation. In addition, the jobless rate dropped down to a
US Job Market Shows Resilience with Accelerated Growth Despite Interest Rate Hikes Read More »
Bitcoin and Ethereum Hold Steady Despite Fed’s Interest Rate Increase As the Federal Reserve’s recent decision to raise interest rates by 25 basis points to a range of 5.0-5.25% has been announced, traders are closely monitoring the impact on the cryptocurrency market. Despite the announcement, both Bitcoin (BTC) and Ethereum (ETH) have managed to maintain
The decline in the global stock index boosts the dollar while the ECB raises rates. Investors’ concerns about the possible effects of increasing interest rates and geopolitical unpredictability have contributed to the recent decline in the value of the global stock market. Due to this, many people have switched their investments to safer assets like
THE USE OF STABLECOINS TO REDUCE BITCOIN VOLATILITY Stablecoins are playing a more and bigger role as the cryptocurrency market develops and matures. These digital assets have a fixed value because they are backed by other assets like fiat money or physical commodities. This article will discuss stablecoins, how they relate to Bitcoin’s value, and
Stablecoins: The Key to Stabilizing the Bitcoin Market? Read More »
