Categories: Press-Releases

Huobi Research Institute Publishes Report on Fed Tapering and its Potential Effects on Cryptocurrency Markets

[ad_2]

LONDON, Dec. 6, 2021 /PRNewswire/ — Huobi Research Institute, the leading blockchain application research team, has published its latest research report: Taper Landed: the Turning Point of The Cryptocurrency Market is Coming? The report discusses Fed tapering in the U.S. and its potential impact on cryptocurrency markets.

In the wake of the COVID-19 pandemic, the U.S. Federal Reserve loosened its monetary policy and the government spent trillions to fight off an economic slump. The money supply ballooned; it is estimated that one-fifth of all US dollars in circulation was created in 2020. But all of that may now be coming to an end. On November 4th, the U.S. Federal Resource announced the beginning of its tapering activities, slowing down its purchases of asset in the open market, amidst widespread fears of inflation.

This report by Huobi Research Institute takes a look at the impact of tightening monetary policies in the U.S., and their potential impact on cryptocurrency markets. Our research analysts compare this tapering initiative with ones from years past, predicting potential effects on liquidity and asset prices.

“This move could have big implications for cryptocurrency market prices. A lot of excess money has poured into cryptocurrencies since last year, propelling prices to all-time highs. This may be unsustainable and Fed tapering could pop this bubble as we head into 2022,” said William Li, the Chief Researcher of Huobi Research Institute.

For more details, please visit: https://huobiresearch.medium.com/taper-landed-the-turning-point-of-the-cryptocurrency-market-is-coming-70e6833e958e.

About Huobi Research Institute

Huobi Blockchain Application Research Institute (referred to as “Huobi Research Institute”) was established in April 2016

. Since March 2018, it has been committed to comprehensively expanding the research and exploration of various fields of blockchain. As the research object, the research goal is to accelerate the research and development of blockchain technology, promote the application of blockchain industry, and promote the ecological optimization of the blockchain industry. The main research content includes industry trends, technology paths, application innovations in the blockchain field, Model exploration, etc. Based on the principles of public welfare, rigor and innovation, Huobi Research Institute will carry out extensive and in-depth cooperation with governments, enterprises, universities and other institutions through various forms to build a research platform covering the complete industrial chain of the blockchain. Industry professionals provide a solid theoretical basis and trend judgments to promote the healthy and sustainable development of the entire blockchain industry.

Contact Huobi Research Institute:
Consulting email:
      huobiresearch@huobi.com 
Official website:        https://research.huochaintech.com/ 
WeChat:                     HuobiCN
Sina Weibo:              Huobi Blockchain Research Institute
                                   https://www.weibo.com/u/6690456123 
Twitter:                       @Huobi_Research
                                    https://twitter.com/Huobi_Research 
Medium:                     Huobi Research
                                    https://medium.com/@huobiresearch

View original content:https://www.prnewswire.com/news-releases/huobi-research-institute-publishes-report-on-fed-tapering-and-its-potential-effects-on-cryptocurrency-markets-301437875.html

SOURCE Huobi Research



Source link
[ad_2]
The content is by PR Newswire. Headlines of Today Media is not responsible for the content provided or any links related to this content. Headlines of Today Media is not responsible for the correctness, topicality or the quality of the content.

[ad_2]

PR Newswire

Recent Posts

Share repurchase programme

[ad_1] Nørresundby, 26 April 2024Announcement no. 23/2024 The Board of Directors of RTX has, cf. company announcement no. 20/2023 dated…

6 days ago

Gyroscope Market Size, Share And Growth Analysis For 2024-2033

[ad_1] Gyroscope Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033 The Business Research Company's Gyroscope Global…

6 days ago

Casting Off the Caste System and its Stigma: Empowering the Forgotten Indigenous People of India with Human Rights

[ad_1] ODISHA, India, and LOS ANGELES, Calif., April 25, 2024 (SEND2PRESS NEWSWIRE) — In the 1880s, to call attention to…

6 days ago

Alipay+ Enables Digital Payment of 14 Overseas E-wallets from 9 Countries and Regions in Hong Kong to Support City’s Global Travel Drive

In support of Hong Kong's new mega tourism and commerce drive, Alipay+ now enables users of 14 leading overseas mobile…

6 days ago

Celebrate "Bleach: Brave Souls" Reaching Over 90 Million Downloads Worldwide with "The Future Society Zenith Summons: Cyber" Featuring New Versions of Ulquiorra, Orihime, and Nnoitora

[ad_2] TOKYO, April 26, 2024 /PRNewswire/ -- KLab Inc. announced that its hit 3D action game Bleach: Brave Souls has…

6 days ago

TransAlta Declares Dividends

[ad_1] CALGARY, Alberta, April 24, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC)…

1 week ago