Bank of Japan raises interest rates to 31-year high, flags concerns over inflation
The decision was split 7-2, with board members Toichiro Asada and Ayano Sato dissenting from the hike.
Brief by WorldPing · Original reporting by CNBC World
WorldPingThe yen declined and BTC rose after the BOJ hiked rates to the highest level in 31 years.
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The decision was split 7-2, with board members Toichiro Asada and Ayano Sato dissenting from the hike.
Brief by WorldPing · Original reporting by CNBC World
WorldPingCentral banks around the world have hiked rates as high energy prices are pushing up inflation.
Brief by WorldPing · Original reporting by BBC Business
WorldPingBitcoin Magazine Bitcoin Price Unlikely To Be Bothered by Interest Rate Hike: Grayscale The Federal Reserve hiked interest rates on Wednesday — and may do so again this year — but bitcoin's price is unlikely to be hurt, Grayscale argued.
Brief by WorldPing · Original reporting by Bitcoin Magazine
WorldPingBitcoin may struggle to break decisively above $80,000 as tighter U.S. monetary policy and the CLARITY Act setback weigh on near-term conditions. Coinshares sees both headwinds delaying a stronger crypto recovery.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingUS Treasury says the Iranian exchange processed payments received through Iran’s Strait of Hormuz maritime scheme and helped move hundreds of millions of dollars in Bitcoin to the IRGC.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingBitcoin traders may have less to fear from the Federal Reserve’s latest tightening than during the last bear market, according to Grayscale. The crypto asset manager sees the current rate cycle as a limited adjustment rather than a prolonged policy shift.
Brief by WorldPing · Original reporting by Bitcoin.com