The post Economist Says High Prices Deceiving Fed Hikes and Investors appeared on BitcoinEthereumNews.com. Corbu LLC’s Chief Economist Samuel Rines says companies driving inflation by testing consumer tolerance to price increases could render hawkish Fed policy toothless. On the Bloomberg Odd Lots podcast, Rines…
CBDC Could Wipe Out Other Cryptocurrencies
The post CBDC Could Wipe Out Other Cryptocurrencies appeared on BitcoinEthereumNews.com. U.S. Congressman Stephen Lynch (D-MA) recently voiced his concerns regarding the potential impact of a U.S. central bank digital currency (CBDC) on other cryptocurrencies. Lynch’s concerns are not unfounded, as…
GBP/CAD gets overbought as BoC and BoE divergence widens
The post GBP/CAD gets overbought as BoC and BoE divergence widens appeared on BitcoinEthereumNews.com. The GBP/CAD price continued its remarkable comeback as a divergence between the Bank of Canada and England emerged. It jumped to a high of 1.6512, the highest level since February…
Today’s Wordle #629 Hint, Clues And Answer For Friday, March 10th
The post Today’s Wordle #629 Hint, Clues And Answer For Friday, March 10th appeared on BitcoinEthereumNews.com. How to solve today’s Wordle. NurPhoto via Getty Images Thank wombat, it’s Friday! For some, this means the light at the end of this week’s tunnel, with the weekend hurtling…
‘Sheer panic’ has gripped Silicon Valley VCs and founders amid worries that the startup industry’s most important bank is in trouble
The post ‘Sheer panic’ has gripped Silicon Valley VCs and founders amid worries that the startup industry’s most important bank is in trouble appeared on BitcoinEthereumNews.com. Silicon’s Valley’s clubby world of venture capital investors and entrepreneurs plunged into panic on Thursday amid fast-spreading reports of financial trouble at one the startup industry’s most important banks. […]
Why Friday’s Jobs Report Won’t Save The S&P 500 From Fed Hawks
The post Why Friday’s Jobs Report Won’t Save The S&P 500 From Fed Hawks appeared on BitcoinEthereumNews.com. The Federal Reserve’s data-dependence might suggest that a more mild jobs report on Friday and tamer CPI inflation reading next week could still result in just a quarter-point rate hike…
Steve Forbes Says the Fed Is ‘Inflicting Unnecessary Pain’ With Interest Rate Hikes – Economics Bitcoin News
The post Steve Forbes Says the Fed Is ‘Inflicting Unnecessary Pain’ With Interest Rate Hikes – Economics Bitcoin News appeared on BitcoinEthereumNews.com. 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 interest rate hikes after Fed Chair…
Will Shiba Inu Coin Lose $0.00001 Psychological Support Amid Market Sell-off?
The post Will Shiba Inu Coin Lose $0.00001 Psychological Support Amid Market Sell-off? appeared on BitcoinEthereumNews.com. Published 9 seconds ago In the February month consolidation, the Shiba Inu coin showed the formation of a descending triangle pattern. Under the influence of this bearish pattern and increasing…
Will Shiba Inu Coin Lose $0.00001 Psychological Support Amid Market Sell-off?
In the February month consolidation, the Shiba Inu coin showed the formation of a descending triangle pattern. Under the influence of this bearish pattern and increasing bearishness in the crypto market, the Shib price witnessed an aggressive downfall and plunged to a 0.786 Fibonacci retracement level. Is recovery possible from this FIB support or ongoing […]
One Bank Folds, Another Wobbles and Wall Street Asks If It’s a Crisis
The post One Bank Folds, Another Wobbles and Wall Street Asks If It’s a Crisis appeared on BitcoinEthereumNews.com. (Bloomberg) — Silvergate Capital Corp.’s abrupt shutdown and SVB Financial Group’s hasty fundraising have sent US bank stocks diving and tongues wagging across the industry: Could this be the start…