A For Sale sign displayed in front of a home on February 22, 2023 in Miami, Florida. Joe Raedle | Getty Images Mortgage demand has increased for three straight weeks now, as interest rates dropped in response to the recent bank failures. But rates are rising again, and that could put a damper on application
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When it comes to the world of luxury real estate, closing a deal can be as nuanced as it is cutthroat. Here’s a look at how Boulder’s premier luxury specialist eclipsed the top sale ever recorded in Boulder County, Colorado. The Who: A longtime resident of Boulder, Marybeth Emerson of Slifer Smith & Frampton is
It took an accountant to nail Al Capone, as they say. But Donald Trump is not a 1920s Chicago mafia boss. He is a former and possibly future US president whose chances may even be helped by being indicted on relatively minor charges. The prospect that Manhattan’s district attorney could briefly handcuff Trump — possibly
Cathie Wood’s investment management firm ARK Invest is moving to take profits from its Coinbase stash, selling the first batch of Coinbase stock this year. On March 21, ARK sold 160,887 Coinbase shares from its ARK Fintech Innovation exchange-traded fund (ARKF) for $13.5 million, according to an investor notification seen by Cointelegraph. The transaction became
American venture capital investor and entrepreneur Tim Draper took the master stage at Paris Blockchain Week 2023 to give his keynote speech on, “The Decentralization of Everything” which he ended with a self-composed Bitcoin song. The speech opened by touching on the general distrust of cryptocurrencies – primarily Bitcoin (BTC) – from centralized governments. “I
Centralized regulatory organizations typically govern the inflation of asset prices in traditional capital markets. Is that the same in Web3? Who ensures fair play? In the United States, the Federal Reserve (the Fed) assumes the responsibility of maintaining inflation at reasonable levels by implementing tools such as altering interest rates, bond-buying programs and money printing.
The show Macro Markets, hosted by Marcel Pechman, which airs every Friday at 12 pm ET on the Cointelegraph Markets & Research YouTube channel, explains complex concepts in layman’s terms and focuses on the cause and effect of traditional financial events on day-to-day crypto activity. In today’s episode, crypto analyst Pechman discusses how to analyze
Regulators and industry players highlighted a number of implications and potential impacts of the European Union’s Markets in Crypto-Assets (MiCA) regulation at the Paris Blockchain Week 2023. A panel titled ‘MiCA: How is the EU Regulating Crypto?’ delved into the proposed MiCA regulation which is expected to take effect in 2024. The 400-page regulatory guideline
Former UK prime ministers Boris Johnson and Liz Truss are planning to vote against a key part of Rishi Sunak’s new deal for Northern Ireland on Wednesday, saying it left the UK unable to fully “take advantage” of Brexit. The Windsor framework, unveiled by Sunak and European Commission president Ursula von der Leyen last month,
Good morning. Rishi Sunak faces the opposition of the Democratic Unionist party and a rebellion of the party’s most Euro-hostile MPs and his most implacable critics today. Meanwhile, Boris Johnson is set to be grilled by MPs over lockdown-breaking parties in Downing Street and whether he misled parliament. It’s a day of high drama but
Bitcoin (BTC) may “take out shorts” to crack $30,000 during the day’s key United States macroeconomic policy updates, analysis says. As bets pile up over how BTC price will react to the Federal Reserve’s decision on interest rates, $30,000 is in sight — but a drop to below $20,000 is not off the table. Trader
Russia-linked cryptocurrency exchange Bitzlato has partially restored access to user funds despite being officially seized by European authorities. Bitzlato has enabled its users to withdraw up to 50% of assets stuck on the platform due to enforcement from the United States and Europol, the firm announced on its Telegram channel on March 20. According to
The Central Bank of Venezuela is lagging when it comes to delivering economic data this year, failing to publish the inflation numbers for the last four months. Venezuelan economists believe this delay might mean that the country is starting to enter a new hyperinflation period, with the government trying to hide it by not offering
Inflation has started to show signs of easing from the multi-decade highs reached in many countries following Russia’s full-scale invasion of Ukraine. The latest figures for most of the world’s largest economies still make for worrying reading, with price pressures remaining high as the war in Ukraine continues to keep energy and food prices elevated.
UK inflation unexpectedly accelerated in February, adding to pressure on the Bank of England to raise interest rates again at its meeting on Thursday. The annual rate of consumer price inflation rose to 10.4 per cent in February, the Office for National Statistics said on Wednesday. That was up from 10.1 per cent in January
Bitzlato users can now partially withdraw their bitcoin funds from the dismantled cryptocurrency exchange, according to a media report. The Russia-linked trading platform was targeted by Western law enforcement and had its France-based server infrastructure seized in January. Bitzlato Customers Allowed to Withdraw Up to 50% of Their Bitcoin at the Exchange Users of Bitzlato’s
When Stefan Kirsten took over as chair of the stricken German real estate company Adler Group in February 2022 in the midst of an accounting scandal, he did not mince words. “The elephant in the room is named Wirecard,” the former chief financial officer of German blue chip Vonovia quipped. It is not just shareholders
Hours after Swiss authorities pushed Credit Suisse into merging with its local rival UBS, CS leaders emailed staff. Don’t worry, previously scheduled bonuses and raises will go ahead, chair Axel Lehmann and chief executive Ulrich Körner wrote. This comes on top of news that Silicon Valley Bank CEO Greg Becker sold nearly $30mn in shares
Two days after UBS agreed to spend $3.25bn to rescue its rival Credit Suisse, executives have started trying to move past the risks and sell investors on the benefits of the shotgun marriage. Chief executive Ralph Hamers told the Financial Times that the deal was “not simply about bringing two companies together” but about “how
Crypto executives have expressed irritation over the latest White House economic report — which notably features an entire chapter dedicated to casting doubts on the merit of digital assets. The Economic Report of the President, released March 20, marks the first time the White House has included a section on digital assets since it first
Green Day, the cult 90s band, was named after its members’ enjoyment of pot. A green day in California was apparently a day spent lazing around smoking dope. The UK government is planning its own Green Day. This involves less marijuana (presumably) and more details on the UK’s plans to get to net zero. But