The Fed Codifies Fourth Consecutive 75bps Rate Hike — Stocks, Bitcoin, and Metals Rise

ZDA. Federal Reserve introduced another jumbo rate hike on Wednesday, Nov. 2, 2022, by hiking the federal funds rate (FFR) avtor 75 bazične točke (bps). The American central bank said on Wednesday that the hike aims to curb inflation and

Professor Steve Hanke Says US Economy Was Flat Over the Last Year, but Stresses ‘It’s Going to Hit South’

Amid the chaotic economy, plagued with central bank tinkering, supply chain issues, and red-hot inflation, the professor of applied economics at Johns Hopkins University, Steve Hanke believes apretty big recessionwill take place in 2023. Speaking in an interview on

Mining Rig Manufacturer Canaan Launches 2 New ASIC Bitcoin Miners With up to 130 Terahaš

V ponedeljek, bitcoin mining rig manufacturer Canaan Inc., announced the launch of the company’s latest high-performance bitcoin miners called the A13 series. Canaan has revealed two models in the A13 series, which feature “improved power efficiency over its predecessors,” and the

JPMorgan CEO Jamie Dimon Warns Recession Could Hit in 6 meseci, Stock Market Could Drop 20% More — ‘This Is Serious Stuff’

The CEO of global investment bank JPMorgan, Jamie Dimon, je opozoril, da so ZDA. economy could tip into recession in six to nine months. “This is serious stuff,” the executive stressed, adding that the stock market could easily fall another 20%….

Poraba električne energije ruskih kripto rudarjev skokovito naraste 20 Časi v 5 leta, Raziskovalne ugotovitve

Power needs of cryptocurrency miners in Russia have grown significantly since 2017, with consumption of electrical energy seeing a 20-fold increase over the five-year period. notri 2021, the minting of the coin with the largest market cap, bitcoin, required 1.25 gigawatts

Priljubljenost kripto naložb je razlog za predpise, Avstralski nadzornik vrednostnih papirjev pravi

Visoke stopnje lastništva kriptovalut, z nakupi, ki so pogosto opravljeni po nasvetih z Youtuba in Facebooka, narediti “močan razlog za ureditev,” po podatkih avstralske komisije za vrednostne papirje in naložbe. The watchdog backs its stance with poll results showing nearly half of

Crypto Downturn Floods Market With Rolex and Patek Watches, Trading Platform Says

The latest troubles in the crypto space have allegedly led to an increased supply of second-hand luxury watches, according to a leading trading platform. Kot rezultat, prices of sought-after models by major brands like Rolex and Patek have dropped, the…

ECB’s Lagarde, Panetta See Digital Euro as More Efficient Payment Means Than Crypto

Unbacked cryptocurrencies are not an efficient means of payment and stablecoins are vulnerable to runs, top officials at the European Central Bank have pointed out in a new article making the case for a digital euro. The executives have marked key

US Inflation Remains Scorching Hot, Jumping to 9.1% in June — White House Says CPI Data Is Already ‘Out-of-Date’

According to the latest Bureau of Labor Statistics Consumer Price Index (CPI) poročilo, ZDA. inflation remains scorching hot as it has risen at the fastest yearly rate since 1981. junija’s CPI data reflected a 9.1% year-over-year increase, even though a number

Bitcoin’s ‘Fundamental Value Is Not in Line With Market Price’ — Crypto Miner

Profitable bitcoin mining is essentially a result of an efficient and highly skilled team of professionals that can maintain runtime, a founder of a Bitcoin mining company has asserted. Zato, even when the price is hovering around $20,000, a bitcoin miner