
Crypto Linked Stocks Rally as Fed Announces Another Interest Rate Hike
According to Federal Reserve chairman Jerome Powell, the rate hikes were necessary to ease inflation.
According to Federal Reserve chairman Jerome Powell, the rate hikes were necessary to ease inflation.
Reports state that Germany will buy out Fortum’s sizable stake in Uniper as the global energy crisis worsens.
The Volmex Implied Volatility index, or the VIV will measure the constant 30-day forward projection of the volatility in the Bitcoin and Ether options market while using the real-time crypto call and put options.
At the moment, the terminal rate is projected to be at 3.8% in 2023, but from the current inflation and its handling, the Fed will have to adjust these figures as well.
Nasdaq says its new crypto custody service underscores its agenda to take on a more assertive role within the crypto space.
As the Japanese yen plunges to its weakest level since 1998, analysts ponder on how best to address this and other macroeconomic issues.
A month after achieving the $142 billion net worth, Zuckerberg rolled out Meta and made several AR and VR announcements in 2022.
Leapmotor initially projected to raise as much as $1.5 billion for the IPO but later scaled it down
With the global economic outlook appearing dim, there have been concerns as to the projected IPO move from OYO.
At the Federal Open Market Committee (FOMC) meeting slated for Tuesday and Wednesday this week, the Fed is expected to raise interest rates by as much as 75 basis points.
Dow futures and multiple other major averages fell on Friday following gloomy FedEx figures even as a possible recession looms.
The escalating inflation, currently at the highest level among all G-7 nations, the impending recession, and concerns about tax cuts has been the driving factors pushing the Sterling down the slope.
One major aspect that was addressed by the new framework is the fight against illicit finance.
Musk also alleged that Twitter was hiding from it that the company complying with a 2011 agreement with the Federal Trade Commission regarding user data.
Adobe stock fell to a 12-year low following news that it is acquiring Figma, and also amid its recent fiscal Q3 report.