What is Taper Tantrum?

What is Taper Tantrum?

Last week must not have been a happy time for US investors, when the Fed announced to raise interest rates in 2023, instead of 2024 as they promised before., while the stock market everywhere fell. then a term surfaced in the newspapers, “Tapering tantrum”, with great concern about economic risks.

Overview: China banned Bitcoin mining

Overview: China banned Bitcoin mining

In fact, China has been clamping down on all crypto-related services since 2013, forcing the country’s first cryptocurrency exchange, BTCC, to shut down. When a ban on mining and investment from the government has forced many Ethereum and Bitcoin miners to commit to leaving.