Bitcoin (BTC) aborted a fresh attempt to reach $31,000 on June 29 while traders waited for bulls to succeed. BTC price “primed to launch” Data from Cointelegraph Markets Pro and TradingView showed BTC price action refusing to leave its short-timeframe trading range. Now caught between and $30,000 and $31,000, BTC/USD lacked impetus to continue the
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Texas lawmakers, ordered back to work by Gov. Greg Abbott for a second special session, largely stuck with the same property tax cut proposals they passed during the prior session. With the state projected to end its fiscal 2022-23 biennium on Aug. 31 with a record $32.7 billion budget surplus, Abbott and legislative leaders want
Kroll Bond Rating Agency has hired two public finance veterans for its municipal ratings team, the firm announced Wednesday. Ted Damutz and Lina Santoro joined Kroll in May as directors in the public finance department. “The addition of two talented analysts like Ted and Lina reflects our growing footprint in public finance,” Karen Daly, senior
El Martinete, a storied mansion on southern Spain’s Costa del Sol, is alive with its glamorous past. Located along the Mediterranean Sea in Marbella, an international tourist destination in the Andalusia area, the estate occupies a prime spot on what is known as the Golden Mile―a stretch of waterfront second and third villas close to
Yorkshire Water has raised £500mn from shareholders, the latest sign of the UK’s debt-laden water companies racing to shore up their balance sheets. Yorkshire Water, which serves 2.3mn households and 130,000 businesses, said in a statement that the equity injection, which came this week, was “better than anticipated”. The fundraising is part of a plan
Svetikd | E+ | Getty Images Have the money to buy a home? If you follow through, it may not be money well-spent. For generations, Americans have thought of homeownership as a hallmark of success. Even today, 74% of U.S. adults say owning a home is a cornerstone of the American dream — ranking higher
The $4.7 billion Bitcoin (BTC) monthly options expiry on June 30 might play a decisive role in determining whether the $30,000 price will consolidate as long-term support and open room for further bullish momentum. Why is Bitcoin breaking yearly highs? Many analysts consider Bitcoin’s recent breakout above $27,000 a bet on the multiple spot Bitcoin exchange-traded
Can you book flights and hotels using AI? The short answer is… kind of, but none of the AI chatbots are reliable, so you’ll still need to do your own research at this stage. Having recently spent hours researching flights and accommodation for a three-week trip to Japan, I decided to compare my results to
UK households withdrew a record amount from bank accounts last month, suggesting consumers are looking elsewhere for higher interest rates or tapping their savings to pay bills. A net £4.6bn was taken out from banks and building societies in May, the highest level of withdrawals since monthly records began in 1997, according to the Bank
A Joby Aviation Electric Vertical Take-Off and Landing (eVTOL) aircraft outside the New York Stock Exchange (NYSE) during the company’s initial public offering in New York, U.S., on Aug. 11, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making the biggest moves in premarket trading: Joby Aviation — Joby shares gained
Political and economic tensions around the world are making some more willing to receive their pay in cryptocurrencies like Bitcoin (BTC), according to executives in the human resources industry. The share of salaries taken in cryptocurrencies and stablecoins has been on the rise over the past few years. This trend is driven not only by prominent
Thames Water is poised to appoint Sir Adrian Montague, an experienced City troubleshooter, to step in as the new chair of Britain’s largest water company as it struggles to raise crucial funding. The group, which will publish its annual financial report next week, is expected to confirm within hours the appointment of Montague, who has
Several of Boris Johnson’s closest political allies have been censured for “contempts of parliament” and disparaging MPs investigating the partygate scandal, in a report by the House of Commons privileges committee published on Thursday. Seven Conservative MPs, including former cabinet ministers Sir Jacob Rees-Mogg, Nadine Dorries and Dame Priti Patel, were called out for “some
In 1975, Rudi Carrell, a Dutchman who became a star of German television, had a hit with the song “Wann wird’s mal wieder richtig Sommer?” or “When will it really be summer again?” He longed for bygone heatwaves, “when you didn’t need the sauna/ when sheep were happy to be shorn”: A summer like in
The writer is a former British diplomat who specialised in China. He is now a fellow of the Council on Geostrategy, the Royal United Services Institute and the Mercator Institute for China Studies Whatever Yevgeny Prigozhin was plotting in Russia last week — mutiny, insurrection, civil war — this level of military insurrection would never
Top Russian army general Sergei Surovikin has been detained as the Kremlin cracks down on Wagner sympathisers following the militia’s failed mutiny last week. Surovikin, a senior Russian general known to have a good relationship with Wagner’s leader Yevgeny Prigozhin, has not been heard from for several days and has been detained, according to three
The growing trend of cutting services to cryptocurrency companies in Australia could lead to undesired consequences like making the industry less transparent, according to the state. Australia’s Treasury on 28 June published an official statement addressing potential policy responses on debanking in Australia. Debanking occurs when a bank declines to provide services to a customer citing
European stocks made a cautious start on Thursday as an interest rate increase in Sweden reinforced the message from central bankers this week that global rates might need to rise further to curb inflation. The pan-European Stoxx 600 was flat while France’s Cac 40 gained 0.1 per cent. The FTSE 100 fell 0.2 per cent
Bitcoin (BTC) short-term holders are feeling the need to sell BTC at $30,000, data shows. In research released on June 28, on-chain analytics firm Glassnode flagged tens of thousands of coins being sent to exchanges. Bitcoin speculative exchange moves “intensifying” BTC price action stalling at $30,000 is prompting a rethink when it comes to buyers
A bill that would see North Carolina’s Treasurer study the feasibility and benefits of the state holding Bitcoin (BTC) has passed the lower house of the state’s legislature. On June 28, the House passed the bill which would commission a $50,000 study to examine “acquiring, securely storing, insuring, and liquidating” both gold bullion and “virtual
The UK’s top financial regulator is pressing investment platforms including AJ Bell, Hargreaves Lansdown and Halifax on their continued offering of funds from Odey Asset Management to retail investors, people familiar with the situation told the Financial Times. A string of funds have already been suspended in the fallout from sexual misconduct allegations against the