Bitcoin Retail Demand Will Continue to Remain Strong before Halving

JPMorgan analysts believe that retail investors resolve to accumulate Bitcoins will only go stronger as we approach close to the next halving in mid-2024. After a strong start to the year 2023, Bitcoin (BTC) has been facing some selling pressure over the last few weeks. Over the last 24 hours, the BTC price has tanked … Read more

US Requests Bahamas Consent to Continue FTX Bankman-Fried Post-extradition Charges

The Bahamas government’s response will determine whether to go on with or drop some of the cases. Sam Bankman-Fried was apprehended last year in the Bahamas and subsequently transferred to the United States. The allegations against him involve multiple charges relating to financial fraud and the collapse of FTX. Bankman-Fried is charged with engaging in … Read more

BlackRock Says Federal Reserve May Continue Hiking Rates

The next Federal Reserve meeting slated to take place between March 21-22. The world’s largest asset manager, BlackRock, has weighed in on the subject of interest rate hikes by the US federal reserve. According to BlackRock, upcoming federal reserve decisions are likely to see the rates increase by almost 6%. Per a CNBC report, the … Read more

S&P 500 Sees Losses Continue amid Fed Hawkish Stance against Inflation

The S&P 500 sustained its fourth day of losses following suggestions that the Fed could keep battling inflation aggressively.  The S&P 500 recorded losses on the day following Fed minutes, suggesting a sustained hawkish stance on inflation. Several stocks closed lower as traders and market analysts analyzed the summary of the central bank’s latest meeting. S&P 500 Losses Continue … Read more