Crypto market Archives

There is virtually zero probability that this 75 bps hike would even moderately reduce the inflation numbers though this hike is big enough to guarantee the onset of the Minsky moment i.e. setting off an Inflationary Depression

Powell hikes herald “the Minsky moment”

Shanmuganathan Nagasundaram - June 23, 2022 0

75 bps raise the right move by US Fed? The 75 basis hike by the US Federal Reserve on June 15th was quite extraordinary for...

Since Q1 2022, the macroeconomic environment has shifted dramatically, sparking a dramatic pullback in equity and crypto markets

Investing

BlockFi & Crypto.com lay off hundreds of employees as coins slump

PGurus Newsdesk - June 14, 2022 0

As global crypto market batter, BlockFi and Crypto.com lay off hundreds of employees After the global crypto market was battered owing to a "dramatic shift"...

Celsius Network had last year raised $750 million in funding and is a significant player in crypto lending

Investing

Crypto firm Celsius freezes all transfers, withdrawals between accounts

PGurus Newsdesk - June 13, 2022 0

Crypto currencies tumble as lending platform Celsius blocks withdrawals Crypto currency lending firm Celsius Network will pause withdrawals and transfers between accounts due to "extreme...

Investing

RBI governor Shaktikanta Das warns of cryptocurrencies

PGurus Newsdesk - November 11, 2021 2

RBI governor Shaktikanta Das sounds alarm on potential pitfalls of cryptocurrencies Reserve Bank of India (RBI) governor, Shaktikanta Das, alarmed on cryptocurrencies, cautioning investors on...

Bitcoin and Ether created a new all-time high of $68,641.57 and $4,857.25

Investing

Global crypto market at an all time high; hits $3 trillion...

PGurus Newsdesk - November 9, 2021 0

Crypto market cap for 1st time touches new all-time high The Crypto market made history by touching a new all-time high. The jump in cryptocurrencies...