Crypto News
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From decrypt.co|3 hr agoWhile commercials from crypto companies were a common sight during the NFL’s final game last year, Super Bowl LVII is shaping up to be an advertising desert for the digital asset industry. When the Los Angeles Rams took on the Cincinnati Bengals in Super Bowl LVI, the year’s biggest sports broadcast featured numerous advertisements from some of crypto’s ...
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From news.bitcoin.com|12 hr ago|1 commentDuring the first week of Feb. 2023, the United Kingdom Court of Appeal overturned a High Court decision from March 2022 in the case of Craig Wright’s Tulip Trading Limited (TTL) vs. 16 cryptocurrency developers. The case will proceed to trial as Wright, who claims to be Satoshi Nakamoto, stated his team was “delighted” with the judges’ decision to overturn ...
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From investmenttalk.substack.com|Feb 2, 2023Yesterday the Federal Reserve slowed the pace of rate hikes to 25bps; their first rate decision since December 2022. This comes after four consecutive 75bps hikes between June and November, followed by one 50bps hike back in December. Fed dot plots also indicate 25bps rate hikes in both March and May, but TBD on that. This comes as the US economy begins to ...
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From rba.gov.au|7 hr ago|1 commentAt its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.35 per cent. It also increased the interest rate on Exchange Settlement balances by 25 basis points to 3.25 per cent. Global inflation remains very high. It is, however, moderating in response to lower energy prices, the resolution of supply-chain problems and the tightening of monetary policy. It will be some time, though, before inflation is back to target rates. The outlook for the global economy remains subdued, with below average growth expected this year and next. In Australia, CPI inflation over the year to the December quarter was 7.8 per cent, the highest since 1990. In underlying terms, inflation was 6.9 per cent, which was higher than expected. Global factors explain much of this high inflation, but strong domestic demand is adding to the inflationary pressures in a number of areas of the economy. Inflation is expected to decline this year due to both global factors and slower growth in domestic demand. The central forecast is for CPI inflation to decline to 4¾ per cent this year and to around 3 per cent by mid-2025. Medium-term inflation expectations remain well anchored, and it is important that this remains the case. The Australian economy grew strongly over 2022. The central forecast is little changed from three months ago, with GDP growth expected tweet at 10:31pm: RBA: - Inflation Is Expected to Decline This Year Due to Both Global Factors and Slower Growth in Domestic Demand. - Board Expects Further Increases in Interest Rates - Board Resolute in Its Determination to Return Inflation to Target tweet at 10:31pm: RBA: - The Central Forecast Is for CPI Inflation to Decline to 4¾ per cent This Year and to Around 3 per cent by Mid-2025 - GDP Growth Expected to Slow to Around 1½ per cent Over 2023 and 2024 - Path to Achieving a Soft Landing Remains a Narrow One tweet at 10:32pm: RBA: HOUSEHOLD BALANCE SHEETS ARE ALSO BEING AFFECTED BY THE DECLINE IN HOUSING PRICES #News #Markets #RBA #capitalhungry tweet at 10:34pm: AUD/USD spiking higher as ASX sells off post RBA announcement.
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From fxempire.com|8 hr agoOn Monday, bitcoin (BTC) fell by 0.77%. Following a 1.64% loss on Sunday, BTC ended the day at $22,755. BTC extended its losing streak to five sessions and ended the day at sub-$23,000 for the second time in six sessions. After a choppy morning, BTC rose to a late afternoon high of $23,145. Coming up short of the First Major Resistance Level (R1) at ...
- From news.bitcoin.com|12 hr ago|1 comment
During the first week of Feb. 2023, the United Kingdom Court of Appeal overturned a High Court decision from March 2022 in the case of Craig Wright’s Tulip Trading Limited (TTL) vs. 16 cryptocurrency developers. The case will proceed to trial as Wright, who claims to be Satoshi Nakamoto, stated his team was “delighted” with the judges’ decision to overturn ...
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From ecns.cn|9 hr ago|1 commentChina is ready to restart the economic and trade exchanges mechanism with Australia, Commerce Minister Wang Wentao said Monday. During his talks via video link with Australian ...
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From ecb.europa.eu|5 hr agoDigitalisation has changed, and will continue to change, the way people make payments. Today’s payment options are in some ways unrecognisable from what was available a decade ...
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From theblock.co|10 hr agoLawyers are asking a judge to dismiss a case against their client, a former Coinbase manager and his brother, arguing that the tokens involved are not securities. In an 81-page ...
- From rba.gov.au|7 hr ago|1 comment
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.35 per cent. It also increased the interest rate on Exchange Settlement balances by 25 basis points to 3.25 per cent. Global inflation remains very high. It is, however, moderating in response to lower energy prices, the resolution of supply-chain problems and the tightening of monetary policy. It will be some time, though, before inflation is back to target rates. The outlook for the global economy remains subdued, with below average growth expected this year and next. In Australia, CPI inflation over the year to the December quarter was 7.8 per cent, the highest since 1990. In underlying terms, inflation was 6.9 per cent, which was higher than expected. Global factors explain much of this high inflation, but strong domestic demand is adding to the inflationary pressures in a number of areas of the economy. Inflation is expected to decline this year due to both global factors and slower growth in domestic demand. The central forecast is for CPI inflation to decline to 4¾ per cent this year and to around 3 per cent by mid-2025. Medium-term inflation expectations remain well anchored, and it is important that this remains the case. The Australian economy grew strongly over 2022. The central forecast is little changed from three months ago, with GDP growth expected tweet at 10:31pm: RBA: - Inflation Is Expected to Decline This Year Due to Both Global Factors and Slower Growth in Domestic Demand. - Board Expects Further Increases in Interest Rates - Board Resolute in Its Determination to Return Inflation to Target tweet at 10:31pm: RBA: - The Central Forecast Is for CPI Inflation to Decline to 4¾ per cent This Year and to Around 3 per cent by Mid-2025 - GDP Growth Expected to Slow to Around 1½ per cent Over 2023 and 2024 - Path to Achieving a Soft Landing Remains a Narrow One tweet at 10:32pm: RBA: HOUSEHOLD BALANCE SHEETS ARE ALSO BEING AFFECTED BY THE DECLINE IN HOUSING PRICES #News #Markets #RBA #capitalhungry tweet at 10:34pm: AUD/USD spiking higher as ASX sells off post RBA announcement.
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From fxstreet.com|4 hr agoEthereum Classic price has been making steady gains, producing stair-stepping price action in the mid-$20 zone. The current trend is forming a ramping 1-2-1-2 pattern, as ETC established a new high at $2495 before bears suppressed the price again. Cryptocurrencies have been notorious for displaying this back-and-forth price action before explosive slingshot ...
- From fxempire.com|8 hr ago
On Monday, bitcoin (BTC) fell by 0.77%. Following a 1.64% loss on Sunday, BTC ended the day at $22,755. BTC extended its losing streak to five sessions and ended the day at sub-$23,000 for the second time in six sessions. After a choppy morning, BTC rose to a late afternoon high of $23,145. Coming up short of the First Major Resistance Level (R1) at ...
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From cointelegraph.com|18 hr agoFor many countries, the tax season is right around the corner, which means companies in the crypto industry will need to be ready to help their users comply with local regulations. On Feb. 6, crypto exchange Binance announced it is launching a tax reporting tool to help users stay on track of their crypto transactions for tax reporting purposes. According ...