Interest Rate

Hong Kong Monetary Authority Announces 3.50% Interest Rate for Silver Bond Series Due 2024
Interest Rate

Hong Kong Monetary Authority Announces 3.50% Interest Rate for Silver Bond Series Due 2024

The Hong Kong Monetary Authority has set the interest rate for the sixth payment of the Silver Bond Series due 2024 at 3.50% per annum.

Hong Kong Monetary Authority Announces 2.00% Interest Rate for iBond Series
Interest Rate

Hong Kong Monetary Authority Announces 2.00% Interest Rate for iBond Series

HKMA sets 2.00% interest rate for iBond Series' sixth payment.

Bitcoin Braces for Deeper Bear Market as Fed Eyeing Another Big Rate Hike
Interest Rate

Bitcoin Braces for Deeper Bear Market as Fed Eyeing Another Big Rate Hike

The Fed has already announced five rate hikes this year, but the institution has not yet been able to contain the surging inflation.

Bitcoin Needs to Continue Standing above $19,200 to Dilute Downward Pressure, Analyst Says
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Bitcoin Needs to Continue Standing above $19,200 to Dilute Downward Pressure, Analyst Says

Market analyst Ali Martinez believes the leading cryptocurrency should stand above $19,200 to reduce selling pressure because this is a significant level.

Crowd Sentiment towards Crypto Turns Bearish as Inflation Data Looms
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Crowd Sentiment towards Crypto Turns Bearish as Inflation Data Looms

The crypto market has not yet been able to find the right footing based on tightened macroeconomic factors and Russia’s invasion of Ukraine.

Bitcoin Crosses $20K Mark, as Whales Continue to Accumulate Tokens
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Bitcoin Crosses $20K Mark, as Whales Continue to Accumulate Tokens

After slipping to lows of $18,000, Bitcoin has gained momentum and crossed the psychological price of $20,000.

To Avoid a Global Recession the Fed Should Ease Interest Rate Hikes - UN Report
Interest Rate

To Avoid a Global Recession the Fed Should Ease Interest Rate Hikes - UN Report

Caution should not be thrown to the wind when it comes to tightening fiscal and monetary policies because this could trigger a global recession, according to a UN agency report.

Fed’s Interest Rate Hikes Attributed to Primary Catalyst of Crypto Bear Market
Interest Rate

Fed’s Interest Rate Hikes Attributed to Primary Catalyst of Crypto Bear Market

The decision by the federal reserve (Fed) to continuously hike interest rates to tame runaway inflation has been detrimental to the crypto market as bears continue to bite.

Potential Fed Tightening Driving Short Term Crypto Sentiments: Analyst
Interest Rate

Potential Fed Tightening Driving Short Term Crypto Sentiments: Analyst

The digital currency ecosystem has continued to experience volatility, with a declining market capitalization sweeping across the board. An analyst suggests the crypto market is still subject to Federal Reserve’s continuous quantitative tightening policy.

Fed Rate Hike Unclear, Bitcoin Falls Below $21,000
Interest Rate

Fed Rate Hike Unclear, Bitcoin Falls Below $21,000

The largest cryptocurrency, bitcoin, tumbled more than 9 percent to below $21,000, hitting a new low in late July. Bitcoin also posted its biggest one-day drop since June.

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