“2-Month T-Bill Rate Plummets: Traders Tackle Banking & Debt-Ceiling Dilemmas – Unraveling the Aftermath!”
As traders assess the risks facing the US economy, the 2-month T-bill rate has experienced a significant decline, falling almost half a percentage point since the previous Thursday. By 11 a.m. Eastern time, the yield had dropped by 46.3 basis points, resulting in a 4.859% yield, according to Tradeweb. This downward trend reflected traders’ concerns […]
“Unprecedented Ethereum Staking Rewards Soar Post-Merge, Driven by Insatiable Memecoin Craze!”
Ethereum’s staking rewards rate reached a post-Merge record high of 8.6% this week, driven by a surge in on-chain gas fees caused by the recent memecoin trading frenzy. This increase in the staking rewards rate, which is a metric for the annualized yield of validators, has resulted in $46 million in total income for validators […]
Crypto World Alert: Bitcoin Dips After Fed Rate Hike Sparks Investor Skittishness
Bitcoin (BTC) slipped below $28,500 after the Federal Reserve raised interest rates by 25 basis points (bps). As widely expected, the Fed’s decision brought the central bank’s key lending rate to a target range of between 5% and 5.25%. The world’s largest cryptocurrency by market cap was recently trading at approximately $28,350, down about 1% […]
Stocks Show Resilience Amid Fed’s Indication of a Half-Point Rate Hike: Analyzing the Market’s Adaptability
Stocks Show Resilience Amid Fed’s Indication of a Half-Point Rate Hike: Analyzing the Market’s Adaptability Introduction The recent indication by the Federal Reserve that it is considering a half-point rate hike has raised concerns about the potential impact on the stock market. However, market indicators, as well as the resilience showcased by stocks during previous […]