Bitcoin (BTC) is headed to either $28,000 or $19,000 and this week could decide all, fresh analysis says. In Twitter comments on Feb. 15, popular trader, Skew, told followers that BTC/USD is now in a “pivotal area.” “Next big move” due for Bitcoin Despite returning above $22,000 on the back of the Feb. 14 United States
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Wirex, a London-based digital payments company, has announced it has become a global partner of Visa, to allow the company to bring its card services to more markets in the world. The new partnership means that Wirex will be able to offer its crypto card services to APAC and U.K. markets. Wirex Partners With Visa
UK inflation slowed by more than expected to a six-month low in January, adding to growing evidence that price pressures have peaked. The annual rate of consumer price inflation declined to 10.1 per cent in January, the Office for National Statistics said on Wednesday, down from 10.5 per cent in December. Inflation hit a high
Craig Coben is a former senior investment banker at Bank of America and now a managing director at Seda Experts, an expert witness firm specialising in financial services. Investment bankers are having a difficult time. Dealmaking collapsed in 2022, job cuts are savage and remuneration is being chainsawed. The recent market recovery has given some
Ireland has abruptly shut down its decade-old programme offering residency in exchange for investment from rich global — especially Chinese — citizens following criticism of such schemes from the EU and other bodies. Ireland’s Immigrant Investor Programme, which has netted almost €1.25bn since its inception in 2012, soared in popularity last year, with the number
Ukrainian authorities are speeding up the development of the electronic hryvnia, a high-ranking government official indicated. The executive power in Kyiv is now in talks with the central bank and businesses involved in the project to pilot the digital currency as early as this year. Minister Says Ukraine Aims to Launch Digital Hryvnia Sooner Than
Allen & Overy is introducing an artificial intelligence chatbot to help its lawyers draft contracts, as the magic circle legal firm seeks to adopt the much-hyped technology to find efficiencies for its lawyers and clients. The London-based group told the Financial Times it had rolled out a chatbot named Harvey after testing it since November
In 2017, Eugenie Mathieu was a senior Greenpeace campaign strategist in New York, trying to stop ancient forests being chopped down to make toilet paper. A year later, she was back in her home city of London helping to run a natural capital investment fund at Aviva Investors, the asset manager. This is by no
Fighting in Ukraine is often compared to the first world war: massed troops, artillery barrages, and grinding trench warfare that seeks to wear down the enemy. But when Russia’s long expected spring offensive begins, there will be no proverbial whistle to mark the moment Russian troops attack and go “over the top”. It will arrive
Just before Christmas, UK prime minister Rishi Sunak arranged a bilateral video conference with Masayoshi Son in another attempt to persuade the powerful SoftBank boss to bring the chip design firm, Arm, back to the UK stock market. People involved in the call describe the conversation between the politician and Son, whose investment company acquired
The Indian government announced during the annual budget on Feb. 1 that the country will increase infrastructure spending by 33% to 10 trillion rupees ($122.29 billion) in the next fiscal year. Bloomberg | Bloomberg | Getty Images Indian markets have been volatile as the Adani crisis continues to dominate headlines, but analysts say this could
The long-awaited scaling upgrade from Ethereum layer-2 solution provider Polygon (MATIC) has been announced, with the Beta launch of its zero-knowledge Ethereum Virtual Machine (zkEVM) mainnet slated for Mar. 27. In a Feb. 14 blog post, Polygon said after three and a half months of “battle testing,” the system will be ready for the mainnet
The next head of the UK accounting regulator will take over a more professional organisation than the “ramshackle house” inherited by Sir Jon Thompson in 2019. But a conundrum remains: can the watchdog drive up audit quality at the same time as increasing competition in the sector? Under Thompson, who will leave this summer after
Police in the U.K., in collaboration with the Financial Conduct Authority (FCA), have raided several sites allegedly hosting cryptocurrency ATMs. “No crypto ATM operators currently have FCA registration,” the British financial regulator stressed, adding that it is “working with multiple law enforcement partners, including local police forces, to disrupt and disable illegal crypto ATMs.” UK
The decentralized autonomous organization (DAO) behind Lido — the largest Ethereum staking pool — is deliberating whether it should sell or stake the $30 million in Ether (ETH) from its treasury. A proposal was submitted on Feb. 14 by the DAO’s financial unit, Steakhouse Financial that considers four choices, one of which contemplates staking part
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the price of bitcoin will hit $500,000 by 2025. During the same time period, he expects the price of gold to reach $5,000 and silver to hit $500. Kiyosaki also warned that a “giant crash” is coming and a
sponsored Hello Pets team is building an open entertainment ecosystem where the community can join in the storytelling and art creation of shared IPs. Starting from their own adorable pet characters, Hello Pets also actively incorporate external NFT characters into their story and invite the holders and communities to create amazing content together. The Hello
In what he claimed was his last presentation to investors in November, Masayoshi Son lamented that his entrepreneurial knack would be wasted as SoftBank shifted to a full defensive mode to cut losses. To avoid that, he pledged to devote himself entirely to growing Arm, the UK chip designer owned by the Japanese technology group.
The initial findings of an investigation into the failure of the Virgin Orbit launch from a UK spaceport in January are pointing to issues with the fuel system. The attempt to send a satellite into orbit from a rocket piggybacking on a Boeing 747 failed when the craft suffered an “anomaly” while travelling at 11,000
DBS, the largest bank in Southeast Asia, has unveiled its plan to expand its crypto services in Hong Kong. “We are planning to apply for a license in Hong Kong so that the bank could sell digital assets to our Hong Kong customers,” said an executive of the bank. DBS Bank to Apply for Digital
In this article GDDY DVN TRIP ABNB Follow your favorite stocksCREATE FREE ACCOUNT The TripAdvisor homepage Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Airbnb — Shares of Airbnb jumped 10% after the company released fourth-quarter earnings that topped analysts’ expectations. The company reported earnings per share