Normalizing central bank policy will hit the lower and middle classes hardest, as they grapple with inflation while borrowing costs for mortgages and auto loans soars.
Bank of Japan goes on an incredible US$81 billion bond-buying spree to put a lid on soaring Japanese sovereign bond yields, which appears to have worked for now.
Crypto startups attracting eye-watering valuations are now having to contend with years of austerity as the sector faces pullbacks from what appears to be a lengthy crypto winter.
Possibility of further selling in cryptocurrencies even as the last bull looks to become a bear as leverage and interdependence in decentralized finance has yet to fully run its course.
Oil remained resilient in Asian trading as traders focused on renewed demand from the region which is progressively opening up to travelers.
Thought to be among the biggest holders of cryptocurrency in the world, the past few days have revealed forced liquidations and margin calls at 3AC, putting downwards pressure on an…
Given how U.S. Federal Reserve policy has taken on an outsize influence on the markets, more traders are throwing in the towel and just selling everything.
It is now coming to light that Tether may actually have some real dollars, outside of the commercial paper, Treasuries, precious metals and cryptocurrencies that it uses to back USDT,…
Yesterday, a senior Fed official called for rate hikes to a level which stunt economic growth by the end of the year, unperturbed by what that would do to the…
Trouble at VC-backed Celsius Network, one of the largest decentralized lenders in the cryptocurrency space, sent prices plunging.