Day: August 3, 2022

The Fed Is ‘Resolute’ on Hiking Interest Rates, Tightening Monetary Policy to Tame Inflation — Gold and Stocks Sink – Economics Bitcoin News

boss

Several reports detail that U.S. Federal Reserve officials are resolute on tightening monetary policy and increasing the federal funds rate until inflation in America is alleviated. Chicago Fed president Charles Evans explained on Tuesday that the central bank would likely keep up the larger than usual rate hikes until inflation is remedied. The Fed Is ‘Nowhere Near’ Done When It Comes to Tighter Policy, Central Bank Has Not Seen a ‘Turn in Inflation’ The Federal Reserve is in a predicament as inflation in America is the highest its been since…

Roman Catholic Archdiocese of Washington, DC will accept crypto donations

boss

The Archdiocese of Washington, D.C. of the Roman Catholic Church will begin accepting donations in cryptocurrency as part of an effort to grow its ministries. In a Tuesday announcement, crypto platform Engiven said it would facilitate donations to the Roman Catholic Archdiocese of Washington, D.C. for fundraising efforts and to increase the church’s “digital stewardship initiatives.” According to the archdiocese’s website, the funds will be used to directly support 139 D.C.-area parishes as well as local programs, including providing food to those in need. “The Roman Catholic Archdiocese of Washington,…

Bitcoin price battles $23.5K resistance amid relief over Pelosi Taiwan trip

boss

Bitcoin (BTC) rose to daily resistance at the Aug. 3 Wall Street open as United States equities gained on relief over Taiwan. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks gain as US dollar coils Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to the area just below $23,500, which had figured as resistance since the start of the month. The pair had previously held the same zone as support, and was now deciding on whether a new resistance/ support flip was on the cards. For popular trader Crypto…

APE Hits 2-Month High, as UNI Nears Highest Point Since April – Market Updates Bitcoin News

boss

Apecoin rose to its highest point in over two months on hump day, as prices rebounded following a two-day losing streak. Uniswap was another big mover on Wednesday, as the token climbed by as much as 14%. Overall, the global crypto market cap is trading 2.79% higher as of writing. Apecoin (APE) Apecoin (APE) was one of today’s notable tokens to surge, as global crypto markets were back in the green. APE/USD snapped a two-day losing streak, as the cryptocurrency rose to an intraday peak of $7.41 earlier in today’s…

Quick Night Update – Bitcoin and Altcoins Analysis in Hindi | BTC ETH BNB

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Want to learn how to read charts? Get my technical analysis course : Link to everything – linktr.ee/thejargon Join us on telegram- Telegram Channel If telegram links don’t work Use this — or Search cryptojargon69 on telegram We do not have any PREMIUM CHANNELS Best Hardware Wallet from Ledger- Buy Legder Wallets here – Get these Updates and many more in your mail, Sign up for Free Newsletter- Music By- Follow me on trading view – Trading view Referral Code – KuCoin-…

Chilenos recurren a stablecoins para proteger sus ingresos en medio de una crisis económica

Buda.com, uno de los primeros exchanges en lanzarse en Chile, en 2015, también ha registrado un creciente interés por las stablecoins. La dominancia de las criptomonedas estables en su plataforma subió de 11% en junio a 20% en julio. USDC, que fue agregada a la plataforma hace menos de un año, es la tercera criptomoneda con más transacciones dentro de la plataforma, después de bitcoin (BTC) y ether (ETH). Source

Chinese municipal bank issues first-ever digital yuan loan using intellectual property as collateral

boss

As reported by local news outlet Sohu, on Wednesday, the Agricultural Commerce Bank of Zhangjiagang, located in China’s Suzhou province, announced that it had issued a 500,000 digital yuan (e-CNY) loan with intellectual property backing it as collateral. The loan was issued via unanimous approval by the city’s consumer markets regulator, financial markets regulator and municipal officials.  Unnamed in the report, the recipient of the loan is an entity manufacturing environmental protection equipment for steel factories in Suzhou province. As told by the entity, due to an uptick in the…

Polkadot Loses Steam As DOT Sheds 10% After Weekly Gains

Another tumbling block for Polkadot (DOT) as its price has declined by over 10% touching $7.70 after closing July in flying colors. Further, DOT seems to hold on to the support zone above $8 especially as the coin will encounter hurdles at $10. Just when it thought it was bound for the home run, the ETH killer succumbed and slumped after wowing everyone with an impressive bullish streak. More so, Polkadot was seen to have a bearish movement and has tanked to $7.70. DOT Price Spikes 12% Then Drops 10%…