As Biden Drains the SPR Down to 1984 Levels, Chinese State Media Claims US Dollar ‘Is Once Again the World’s Problem’ – Economics Bitcoin News

Two days ago, U.S. president Joe Biden was criticized for claiming inflation in America hasn’t increased during the past few months. “I’m telling the American people that we’re going to get control of inflation,” Biden stressed during his “60 Minutes” interview that aired on Sunday night. Amid Biden’s claims, ahead of the next Federal Reserve meeting on Wednesday, the U.S. Dollar Index (DXY) crept up to the 110.776 region. Meanwhile, a recent report published by CCP-backed Global Times is pressing for de-dollarization as the U.S. dollar’s rise “might be the…

Bitcoin Reacts To 75 Basis Point Fed Rate Hike

Tony Spilotro I’m Tony Spilotro. Behind the pseudonym, I’m a global remote work leader with a decade of award-winning content experience and excellence. Here, I explore my newfound passions pertaining to privacy, finance, economics, politics, cryptography, property rights, and other libertarian-esque views. I am a Bitcoin evangelist, maximalist, and educator whenever I can be, helping to spread its message of freedom from government control, monetary policy mismanagement, and passing the buck – literally – to future generations. My journey from a curious retail crypto investor to a…

Jerome Powell is prolonging our economic agony

Can we all agree that the Federal Reserve has a plan to combat runaway inflation? They do. Chair Jerome Powell has all but admitted it. After tempering his comments before previous rate hikes, allowing wiggle room which gave way to market rebounds, Powell has left no bones about this one. It is necessary to wreak some havoc on the economy and put downward pressure on the labor markets and wage increases to stop the creep of inflation. Whether you buy into that logic or if you believe — like Elon…

BITCOIN WILL EXPLODE VERY SOON!!!! [crazy chart] BITCOIN PRICE PREDICTION 2022 // BITCOIN NEWS TODAY

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin News Today – BITCOIN WILL EXPLODE VERY SOON!!!! [crazy chart] BITCOIN PRICE PREDICTION 2022 // BITCOIN NEWS TODAY // Cryptocurrency News Today // Crypto News Today 🥇 Bitget: $4’163 FREE BONUS 🥈 Bybit: $600 FREE BONUS 🥉 Phemex: $100 FREE BONUS ▶ CRYPTO TECHNICAL ANALYSIS PLATFORM TradingLite: VOLUME ANALYSIS TradingView: TECHNICAL ANALYSIS ▶ SOCIAL MEDIA Twitter: Crypto Discord Server: ▶ TIMESTAMPS 0:00 Bitcoin Price Prediction ▶ DONATIONS Bitcoin (BTC): 15ViBpKAhNCPzY9UXc6KoTEabUqTEXo1Hr Ethereum (ETH): 0x2aA9a238511d267662A951E87C36eAd3a0275006 Bitcoin Cash (BCH): qztzh024tfg7fdk4s04hr2ggdw7v9m9kdqmavmarjj ▶ TOPICS Bitcoin Price…

Japanese banking giant Nomura launches digital ecosystem VC arm

Nomura, one of the largest investment banks in Japan, has established a venture capital arm aimed at investing in companies focusing on crypto and blockchain. In a Wednesday announcement, Nomura said the business, named Laser Digital, will “provide new value in the area of digital assets” for clients under the Switzerland-based holding company Laser Digital Holdings AG. The investment bank said it chose Switzerland based on its “robust regulatory regime for digital assets and blockchain projects” in addition to potentially recruiting talent. “Staying at the forefront of digital innovation is…

ETH Prices Get Punishment As Miners Sold Over 17,000 ETH

Ethereum’s recent upgrade has pushed miners out of its network. Now Ethereum 2.0 support validators who staked 32ETH and above in the network. The community expected the merge to push the price of ETH and other cryptos up. But the reverse became the case afterward. Related Reading: Ethereum: Can The Top Altcoin End Bitcoin’s Dominance Post Merge? A few minutes after the event on September 15, Bitcoin lost $1K. Ethereum also lost more than $200, plummeting from $1,635 to $1471 same merge day. The next few days, on September 18,…

Hong Kong Monetary Authority provides update on retail CBDC that may become DeFi onramp

The Hong Kong Monetary Authority (HKMA) published a paper outlining the state of research on its proposed retail central bank digital currency (rCBDC) and plans for its further development. This is the third paper the HKMA has published on the e-HKD, as the proposed CBDC is called.  The proposed rCBDC would have a two-tier structure consisting of a wholesale interbank system and the retail user wallet system. No wholesale Hong Kong CBDC has been introduced yet, but research on it began in 2017, four years before rCBDC planning started. The…

XRP Outperforms By Adding Over 6% Daily Even In Bloodbath

The crypto market has recorded many devastating events in recent times. Since the market crash in May, crypto asset prices have behaved differently every week. Sometimes price outlook is positive, but other times, it is worse.  From September 15 to date, the volatility in the market has skyrocketed. Asset prices are more bearish than bullish. The merge brought a series of price fall starting from Bitcoin, which lost $1000 a few minutes after the upgrade.  Related Reading: Investors Withdraw ETH Holdings Despite Successful Ethereum Merge Ethereum and other altcoins also…

Kusama Looks Bullish, Can Price Break Weekly Resistance Of $50?

Kusama (KSM) looks bullish on a lower timeframe. Kusama (KSM) price eyes a reclaim of 50 Exponential Moving Average (EMA) on the daily timeframe.  Kusama (KSM) price aims to break above 50 EMA in the 4H timeframe. Kusama (KSM) has had a tough time recently but has shown great strength bouncing up in higher and lower timeframe. Kusama (KSM) price has struggled to remain bullish as the price fell from an all-time high of $600 to $38, with the price maintaining a downtrend with little hope of a relief rally…