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US Fed hikes interest rate by 75bps - Newspaper

Committee members see federal funds rate ending the year at 3.4pc, up from the 1.9pc projection in March. ....

United States , Jerome Powell , Federal Reserve , Federal Open Market Com , Chair Jerome Powell ,

Bitcoin carnage: It is too soon to say cryptocurrency bubble has burst

Bitcoin goes a bit crazy
Fiat currencies are never this exciting. Bitcoin set its most recent high, of just under $65,000, on April 14. After that it had steadily given ground, and that became a headlong crash in the early hours of Wednesday morning. By 9 am New York time, bitcoin hit $30,016 a fall of almost 54 per cent in five weeks. Over the next four hours, it rallied almost 36 per cent. At the time of writing, the price is $39,000. It was quite a ride.
Bitcoin is still blessed, or plagued, with believers rather than investors. There are lots of great arguments for bitcoin, and even more for the blockchain technology on which it is based. While it inspires cultish devotion, it is difficult to analyse as an investable asset. ....

New York , United States , Elon Musk , Michael Hsu , Office Of Innovation , Federal Open Market Com , Bitcoin Falls , Bitcoin Tumbles , Elon Musk , Initial Public Offerings , Cryptocurrency Exchange , Coinbase Ipo , United States , Michael Hsu , Coinbase Global , Digital Currencies , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , மைக்கேல் ஶூ , அலுவலகம் ஆஃப் கண்டுபிடிப்பு ,