Risk management

“Bitcoin and Ether Take a Hit as Silvergate Bank Closes Shop: Is This the End of the Crypto Boom?”

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Bitcoin and Ether Take a Hit as Silvergate Bank Closes Shop: Is This the End of the Crypto Boom?

Crypto prices tumbled Thursday after Silvergate, a bank that has been at the forefront of the industry’s growth, made the decision to shut down. Bitcoin plummeted 2% to $21,570.04, according to Coin Metrics. Ether lost nearly 2% and was last trading at $1,527.58.The slight move lower began late Wednesday, a few hours after Silvergate Capital … Read more

Maximize Returns with Market-Proof Investments: Up to 5.1% Yield after Fed’s Rate Hike – Full Information

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Maximize Returns with Market-Proof Investments: Up to 5.1% Yield after Fed's Rate Hike

Fed’s preferred price gauge, is currently at 1.8%. The Federal Reserve has been on an interest rate hike spree, raising its benchmark interest rate for the eighth consecutive time on Wednesday. Despite increasing signs of cooling inflation, the Fed raised its key rate by 25 basis points to 4.5% to 4.75%. The Fed’s central bankers … Read more