Here’s Why FED Gives Markets Green Light, Further Rate Hikes Unlikely

Renowned economist, author of the “Death of Money,” Jim Rickards says the markets just “got the cue” they need. The U.S Federal Reserve (FED) is now unlikely to raise interest rates again without significant warning. That’s a green light for the stock markets and indeed the cryptocurrency market. Powell's use of "patient" on Friday was The post Here’s Why FED Gives Markets Green Light, Further Rate Hikes Unlikely appeared first on CCN

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Market Bloodbath – Recession Impending or Regularly Scheduled Programming?

Everything, almost literally everything, is down this year just in time for Christmas. The DOW, NASDAQ, S&P 500, and the majority of the crypto markets are all bleeding out day after day, with Bitcoin seeming to be walking down the stairs back to $3,000 and some analysts predicting sub-$2000 levels in the near future. In The post Market Bloodbath – Recession Impending or Regularly Scheduled Programming? appeared first on CCN

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Huobi Partners With Korean And Chinese Investors to Support Blockchain Initiatives

Huobi, the global cryptocurrency exchange, has partnered with NewMargin Capital and Kiwoom Securities Co., Ltd. to start an investment fund to support blockchain enterprises in China and South Korea and encourage cooperation among the enterprises, according to China Money Network. The fund is targeting 100 billion won ($93 million). NewMargin Capital is a Beijing based … Continued The post Huobi Partners With Korean And Chinese Investors to Support Blockchain Initiatives appeared first on CCN

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