Bitcoin (BTC) remains on track to near $50,000 around next year’s block subsidy halving event, longtime analyst Filbfilb says. In his latest interview with Cointelegraph, the co-founder of trading suite DecenTrader shares his current thoughts on BTC price action. Filbfilb: Bitcoin has given “strong indicator” of bear market breakout Bitcoin has well and truly cemented
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors have been dumping cash and piling into bonds and equities as conviction grows that big central banks have finished their cycle of interest rate rises, according to a closely watched survey of fund managers.
Tether (USDT), the largest stablecoin by market value, has been breaking new records over the course of 2023, with its market capitalization adding at least $20 billion so far this year. According to data from the blockchain data provider Whale Alert, Tether has minted 22.75 billion USDT so far this year, with at least 4
After a lawsuit-driven delay, financing is beginning to flow for a major economic development deal between Georgia and electric vehicle maker Rivian. The Georgia Office for Economic Development and the Joint Development Authority for Morgan, Walton Counties announced last week they closed on $5 billion of project revenue bonds and executed a rental agreement with
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Adobe’s $20bn deal to buy Figma is facing a fresh setback as regulators in Brussels prepare to file anti-competitive charges against the companies, an escalation that signals the EU believes the acquisition will harm rivals
A Ripple executive has re-emphasized the need to adopt a technology-neutral approach for more effective and adaptable guardrails as global regulators grapple with cryptocurrency rules. At the recent Ripple Swell 2023 event, Navin Gupta, managing director of South Asia, Middle East and North Africa (MENA) at Ripple, told Cointelegraph that the industry should be regulated
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The deficit of BT’s giant pension scheme, one of the largest in the UK, has more than halved, boosting the chances of a future refund of payments. BT announced on Tuesday that the funding shortfall
Zillow recently announced its six hottest home trends to watch for in 2024. Four of them are wellness related. No one should be surprised by this, as homeowners are increasingly acknowledging and appreciating the links between their living spaces and quality of life. That’s showing up in both home improvement and resale reports. Here are
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. All but one of the hospitals in the north of Gaza have stopped functioning, according to the UN, as Israel’s war against Hamas deepens a humanitarian crisis in the Palestinian enclave. Hospitals in Gaza have
BC Technology Group, the operator of Hong Kong’s publicly listed cryptocurrency exchange OSL, has announced a significant investment from industry firm BGX. BC Technology entered into a partnership with BGX, which agreed to subscribe for shares in BC Technology for an investment of about 710 million Hong Kong dollars ($90.1 million), the firms said in
Bitcoin (BTC) services platform Swan Bitcoin warned its customers that it would be forced to terminate accounts found interacting with crypto-mixing due to the regulatory obligations of its partner banks. Customers were informed about the policy in a letter suggesting the changes are due to the United States Financial Crimes Enforcement Network (FinCEN) proposed rule
The Democratic Party of Korea, which holds 167 out of 300 seats in the National Assembly, has made it mandatory for prospective candidates to disclose their digital asset holdings before the 2024 general election. According to the local outlet, News1, the disclosure will be a part of the party’s effort to show the “high moral
Stay informed with free updates Simply sign up to the UK employment myFT Digest — delivered directly to your inbox. UK wage growth eased slightly in the three months to September as hiring slowed while the number of payrolled employees continued to rise, the Office for National Statistics said on Tuesday. Average annual growth in
Cryptocurrencies are the second most popular type of asset for investments among the adult French population, according to a survey by the Organisation for Economic Co-operation and Development (OECD) and published by France’s principal financial regulator, the Financial Markets Authority (AMF, on Nov. 13. According to the survey, 9.4% of the French population holds crypto
It took just a day after Hamas’s devastating attack on Israel for the US to deliver a muscular display of military support for the Jewish state — and a message of warning to its regional foes. In what US defence secretary Lloyd Austin described as steps to “bolster regional deterrence efforts”, Washington announced it was
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a former governor of the Palestine Monetary Authority and ex-director of the Middle East and Central Asia department at the IMF The horrific scenes on October 7, when Hamas attacked towns in
In July 2015, it seemed like Barclays had reached a nadir. New chair John McFarlane had just brutally fired the bank’s chief executive Antony Jenkins, after a bruising boardroom showdown over his proposed reforms at the genteel Lucknam Park country house hotel in Wiltshire. Anxious staff gathered in Barclays Canary Wharf headquarters for an impromptu
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The incoming chair of the international certification scheme for conflict diamonds has hit out at a plan by the G7 group of developed nations to track and trace Russian diamonds, warning of “irreparable harm” to
Stay informed with free updates Simply sign up to the Russian business & finance myFT Digest — delivered directly to your inbox. The US-led price cap on Russia’s oil sales is being almost completely circumvented, according to western officials and Russian export data, forcing countries to explore ways to reinforce one of their key economic
Ethereum account abstraction advocate John Rising has shared some “sobering” numbers showing overall ERC-4437 adoption has been far from ideal. In a Nov. 14 post on X (formerly Twitter), Rising shared data points that showed ERC-4337-enabled smart accounts suffered a decline in users, low transaction activity and poor operational costs for core infrastructure providers. The
Rishi Sunak has chosen as his top diplomat a man who was the accidental midwife of Brexit and then had a starring role in the biggest British lobbying scandal in recent years. David Cameron’s return to front-line politics as foreign secretary comes after seven years in the wilderness that started with his resignation as prime