Category: Hinted
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Bitcoin’s Potential For A Short-Term Growth Hinted By Coinbase Premium
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Bitcoin, the largest cryptocurrency asset, could be set for positive movement again. Recent developments around Coinbase Premium raise the possibility of creating… Short term walkWhich indicates a positive outlook for BTC in the coming weeks. A short-term Bitcoin rally is on the horizon Coinbase Premium, a leading indicator that measures…
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Fed Kept Its Interest Rates Steady But Strongly Hinted At A September Rate Cut
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As expected, the US Federal Reserve kept its target interest rate range at a 23-year high of 5.25%-5.50% in July. The Federal Reserve Bank indicated in its statement the following: Job gains “It has been modified,” a change from the previous statement that said it “remains strong.” the Unemployment rate…
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BOC Cut Its Rates to 4.75% in June and Hinted at Future Rate Cuts
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As expected, the Bank of Canada (BOC) cut interest rates by 25 basis points to 4.75% in June and became the first G7 bank to cut interest rates in four years. In the official statement, the Bank of Canada explained that preferred measures of core inflation have slowed and that…