Economic Policy
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Bitcoin Skyrockets as Fed Slashes Rates—Will $70K Be Next?
- September 19, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
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Bitcoin has once again shown its resilience, rallying to over $62,000 after the U.S. Federal Reserve announced its first interest rate cut in over four years. The Fed’s decision to reduce the benchmark interest rate by 50 basis points has sent shockwaves across financial markets, with Bitcoin quickly benefitting from the move. Fed’s Rate Cut
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Bitcoin Faces Volatility as Inflation Data Shocks the Market—What’s Next?
- September 11, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
The highly anticipated US Consumer Price Index (CPI) data for August has come in with a mixed bag of results, intensifying the market’s anticipation of the Federal Reserve’s rate decision on September 17-18. The Core CPI MoM came in at 0.3%, above the expected 0.2%, while the headline CPI MoM matched forecasts at 0.2%. The
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Powell’s Rate Cut Signal and RFK Jr.’s Trump Endorsement: The Perfect Storm for Bitcoin’s Rise
- August 24, 2024
- Posted by: Gordon
- Category: ICO Blog, IGH News, Market Insights, Market News
Bitcoin has experienced a significant surge, rising over 5% in the past 24 hours to break above $64,000. This rally comes as two major developments unfold: Robert F. Kennedy Jr.’s endorsement of Donald Trump and Federal Reserve Chairman Jerome Powell’s indication of potential interest rate cuts. These events have not only shaken up the political
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Peter Schiff’s Alarming Inflation Warning: Is a Bitcoin Crash Coming?
- August 18, 2024
- Posted by: Gordon
- Category: Crypto Market, IGH News, Market Insights, Market News
The cryptocurrency market, already a hotbed of speculation and volatility, is now being stirred by the latest warnings from prominent Bitcoin critic and economist, Peter Schiff. In a recent series of statements, Schiff expressed grave concerns over the rising inflation in the United States, attributing the current economic pressures not just to the Biden administration,
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Musk-Trump Interview Sparks Debate—But Crypto Fans Are Left in the Dark!
- August 13, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
DDoS Attack Disrupts Highly Anticipated Interview The much-awaited interview between Elon Musk and Donald Trump on X (formerly Twitter) was delayed by over 40 minutes due to a DDoS attack, creating a rocky start for the over 1.3 million viewers. Despite the technical challenges, the discussion eventually covered a wide range of topics, including inflation,
