Bitcoin (BTC) is destined to hit $128,000 or more by the end of 2025, multiple analytics models suggest. Uploading his latest BTC price estimates to X (formerly Twitter) on Oct. 17, popular trader and analyst CryptoCon deduced a two-year target of around $130,000. Multiple BTC price forecasts converge on $130,000 in 2025 Bitcoin market participants
While municipal bond issuance is down year-over-year in most sectors, demand for bond insurance has remained strong as issuers turn to it to maximize their market access and tap into the demand from investors, market participants say. The top two municipal bond insurers wrapped $22.814 billion in the first three quarters of 2023, a slight
Federally regulated lenders, such as banks, still play a major role in commercial real estate financing. As commercial real estate encounters headwinds, borrowers will often need relief from those lenders, but regulated lenders typically cower in fear about doing anything that might cause regulators to raise their eyebrows or ask difficult questions. This mentality often
Cryptocurrency exchange Binance.US has updated its terms of service, hinting that direct withdrawals in United States dollars are no longer supported on the platform. Binance.US updated its terms of service on Oct. 16, modifying the section about the “BAM Fiat Wallet,” referring to Binance.US services related to U.S. dollar custody. In the updated terms, Binance.US
A contractor works on a new home under construction in Tucson, Arizona, on Tuesday, Feb. 22, 2022. Rebecca Noble | Bloomberg | Getty Images Builder confidence in the market for single-family homes dropped to the lowest level since January, as builders contend with a market dominated by high mortgage rates and costs for financing. The
In normal circumstances, the Conservative party should easily win Thursday’s by-election in Mid Bedfordshire, a well-heeled rural seat that delivered it a majority of almost 25,000 at the last general election. Instead the Tories, trailing badly in national opinion polls, are locked in an occasionally acrimonious three-way by-election fight; Prime Minister Rishi Sunak’s party is
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writers are the UN Relief and Works Agency commissioner-general and the Office for the Coordination of Humanitarian Affairs emergency relief co-ordinator As we write this today there is no water or electricity in Gaza.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Viktor Orbán has become the first western leader to meet Vladimir Putin since the International Criminal Court indicted the Russian president for alleged war crimes, in what the Hungarian prime minister said was a bid
Cryptocurrency investors in Europe are not yet protected under European Union cryptocurrency asset market rules and it will take some time for the protections to take effect. Europe’s securities regulator, the European Securities and Markets Authority (ESMA), on Oct. 17 issued a statement about the transition to the European crypto regulations known as Markets in
Former US President and Republican presidential hopeful Donald Trump holds a campaign event during a Club 47 USA event at Palm Beach County Convention Center in West Palm Beach, Florida on October 11, 2023. Giorgio Viera | Afp | Getty Images Former President Donald Trump returned to court in Manhattan on Tuesday to attend the
Enjoy complimentary access to top ideas and insights — selected by our editors. Transcription: Chip Barnett (00:04):Hi, and welcome to another edition of The Bond Buyer Podcast. I’m Chip Barnett and my guests today are Royden Durham and Tony Tanner. They’re both portfolio managers at the Aquila Group of funds, and today we’re going to
Connor Crews has rejoined the McGuireWoods public finance team in Raleigh after teaching for more than three years at the University of North Carolina’s School of Government. Crews will work on all aspects of public finance transactions, including governmental financings and financings for non-profit organizations. During his tenure at UNC, he taught local and state
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Goldman Sachs has reported a 36 per cent drop in third-quarter profits, the bank’s eighth straight quarter of falling earnings, as it grappled with losses following its pullback from retail banking and writedowns on its
Stay informed with free updates Simply sign up to the US foreign policy myFT Digest — delivered directly to your inbox. At the time of writing, the US has no ambassador in Egypt. A chargé d’affaires is doing the job while the nominee for the permanent role enters her seventh month in the Surrealist theatre
The Bitcoin (BTC) value proposition continues to be a source of confidence for investors and proponents amid prevailing depressed market conditions in the broader cryptocurrency space. This was a key takeaway from in-depth interviews with Bitcoin developers, advocates, analysts and influential figures during the Bitcoin Amsterdam 2023 conference. Jameson Lopp, the CEO of Bitcoin custody
Bitcoin (BTC) passing $28,000 hints at bullish sentiment, but reclaiming it for good is essential, analysis says. In an X post on Oct. 17, Yann Allemann and Jan Happel, co-founders of on-chain analytics firm Glassnode, described the $28,000 mark as a “critical milestone” for BTC price. Glassnode: “Keep an eye out” for $28,000 After snap
Kasia Czarska drove 45 minutes on Sunday to vote in the town of Sulejówek on the eastern outskirts of Warsaw. The 39-year-old public relations manager planned her trip three weeks in advance of the fiercely contested election, studying Poland’s electoral map to work out in which constituency her vote could be of most help in
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jordan has warned that the Middle East is at the edge of an “abyss”, as diplomatic activity intensifies to prevent the Israel-Hamas war from spiralling into a regional conflict. King Abdullah of Jordan delivered his
One of the major lessons learned about the Covid-19 pandemic was the role ventilation played in its spread. In the summer and fall of 2020, the World Health Organization and then the Centers for Disease Control and Prevention announced that the deadly virus was largely transmitted through aerosols, not saliva droplets as originally thought, and
The United States-based cryptocurrency exchange Coinbase is removing dozens of trading pairs in order to improve liquidity on its platform. Coinbase has suspended 80 non-USD trading pairs, including those with cryptocurrencies like Bitcoin (BTC), stablecoins like Tether (USDT) and fiat currencies like the euro. Announcing the news on Oct. 16, Coinbase said that the trading
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Poland’s opposition leader Donald Tusk and his Civic Platform party alongside two smaller partners have won a combined 248 of the 460 seats in the next parliament, according to the country’s final election results, giving