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The United States Federal Reserve Open Market Committee’s September decision on interest rates was entirely expected, with the FOMC holding rates at the current level of 5.25% to 5.5%. As also expected, the committee indicated there may be another rate hike coming this year, with Chairman Jerome Powell insisting —
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In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, some of the world’s top bitcoin mining pools are also using their hashrate to merge-mine other coins, and these networks have benefited from
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Bitcoin’s options market is assigning a low probability of prices rising above $100,000 this year despite widespread expectations for a meteoric rally in the wake of Tesla’s recent purchase of the top cryptocurrency. At press time, the options market is pricing 12% odds of the cryptocurrency trading in seven figures before
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Tesla stock dipped overnight after an annual SEC filing raised concerns about the impact of China’s coronavirus epidemic. This comes shortly after the announcement of a $2 billion stock offering early in the day to raise capital. TSLA bulls are now dealing with the possibility that Elon Musk’s aggressive growth strategy has
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