losses

Crypto Chaos

Source Node:
Time Stamp: May 10, 2023 6:27 AM - Modified On: May 10, 2023 - Published By:
Source Cluster:
Republished By Plato

Despite the second-largest bank failure in US history, the Federal Reserve continued its interest rate hike strategy last week. This caused markets to react by pricing in continued monetary tightening, pushing back their expectations of rate decreases to 2024. Some have perceived this move as necessary to combat inflation, even if it comes at the cost of breaking the banking sector. Unfortunately, this sober outlook suggests that the rest of the year may be marked by more sideways action in the markets rather than a steady recovery. Meanwhile, in the

Paribus. Trust Less.

Source Node:
Time Stamp: May 3, 2023 4:36 AM - Modified On: May 3, 2023 - Published By:
Source Cluster:
Republished By Plato

One month ago, Jerome Powell, head of the Federal Reserve in the US, announced that the banking system was sound and robust despite the collapse of several large banks. After raising rates a further 0.25%, he said, “We’re committed to learning the lessons from this episode and to work to prevent events like this from happening again.” As we prepare for another potential 0.25% rate hike on May 3rd, another major bank in the US, First Republic Bank, has collapsed. Its collapse is part of a larger trend of consolidation

Latest Cryptocurrency Price Forecast – BTC XRP XLM HBAR ADA

Source Node:
Time Stamp: April 26, 2023 6:43 AM - Modified On: April 26, 2023 - Published By:
Source Cluster:
Republished By Plato

2023-4-4 The past week has brought a relatively mixed bag to the market, with minor losses and gains witnessed across the top 100. However, some prevailed with significant gains, such as XRP and XLM, while others began to stagnate or shed value, including the likes of BTC. As of the 3rd of April, the cryptocurrency market cap stands at $1.17T, a one hundred million increase from the week prior, but a decrease of 1.38% across the past 24 hours. Bitcoin (BTC) Opening the week at $27.86k, Bitcoin was subject to

Paribus. The Fragility of Finance.

Source Node:
Time Stamp: March 25, 2023 7:29 AM - Modified On: March 25, 2023 - Published By:
Source Cluster:
Republished By Plato

Despite a lot of turbulence in the markets this week the Federal Open Market Committee (FOMC) did exactly what was predicted. Jerome Powell carefully adjusted his language and reframed the narrative around his 25 basis point rate hike to try and calm the markets he had helped to damage. His forward guidance was only to expect further rate increases if inflation spirals out of control. He avoided taking any responsibility for the recent bank failures, claiming instead that the sector was stable and robust. In reality, the global financial system

Bitsoft360 – the quality auto trading platform for cryptos

Source Node:
Time Stamp: September 23, 2022 5:45 AM - Modified On: September 23, 2022 - Published By:
Source Cluster:
Republished By Plato

Have you ever wondered which auto trading platform is the best for auto trading right now? What features of a high-quality platform provide excellent opportunities for profit in the volatile crypto market? One such platform has attracted huge attention from motivated crypto traders is the famous Bitsoft360 platform. Thanks to it, more than 520,000 active users worldwide have excellent trading opportunities and opportunities to increase their daily trading income significantly. To adequately understand the advantages of such an auto trading platform, you must understand all the basics and its undeniable