Bitcoin consolidated recent losses on March 4, as cryptocurrency markets marginally stabilized from Friday’s sell-off. Prices plunged to a two-week low in yesterday’s session, however sentiment has somewhat shifted. Ethereum also recovered, moving back into the green to start the weekend. Bitcoin Bitcoin (BTC) consolidated Friday’s losses to start the weekend, as market volatility eased
Topline As fears of inflation push mortgage rates back toward multi-decade highs, economists are warning the resurgence in borrowing costs will deal another blow to the precarious housing market, driving home sales to new lows and proving the recent recovery many hoped would mark a turning point may instead be a short-lived “mirage.” Key Facts
Investors’ bets on where UK interest rates will peak have shot higher over the past month, prompting an attempt by Bank of England governor Andrew Bailey to stop markets getting carried away. Futures markets are currently pricing in a jump in the BoE’s interest rate to just above 4.6 per cent by December. At the
For almost a decade, executives at JPMorgan Chase were able to avoid questions about their decision to keep Jeffrey Epstein on as a client while the convicted sex offender allegedly trafficked and abused dozens of teenage girls. Now, more than 20 employees at the US bank, including star managers, are having their communications scrutinised in
press release PRESS RELEASE. B2BinPay has unveiled that they are now an official sponsor of Athletic Club, one of Spain’s most renowned football teams! This momentous collaboration will begin on February 14th and continue until the 2023/2024 La Liga season. On top of the B2BinPay logo featuring prominently in all official jerseys, several joint marketing
A group of countries in Latam is preparing a regional agreement to address inflation, a problem common to most nations in the region. The initiative, which is being spearheaded by Mexican president Andres Lopez Obrador, would allow the exchange of products with high prices between the states to lessen the effects of price rises. Latam
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Dividend investing is a team sport! The goal should be diversification through a PORTFOLIO of dividend stocks. Earlier videos focused on picking good dividend stocks and using features like Pies and AutoInvest to simplify our investing. In this 5th video of the dividend investing series, we look at how to build a resilient dividend portfolio.
Bitcoin (BTC) stayed lower into the weekend as ongoing problems at Silvergate bank pressured markets. Bad news holds Bitcoin back Data from Cointelegraph Markets Pro and TradingView showed BTC/USD lingering at around $22,350 on March 4. The pair had managed to avoid further losses after the initial shock around Silvergate wiped 5% off the spot price in
TBD, a division of Block (formerly Square) led by CEO Jack Dorsey, launched a new venture named c= (pronounced c equals) to improve the Bitcoin Lightning Network through tools and services. The Lightning Network (LN) is a layer 2 payment network built to ease the mainstream adoption of Bitcoin (BTC) by enabling faster, cheaper and more
Multinationals that relocate their regional headquarters to Saudi Arabia this year with the aim of securing lucrative government contracts would be “likely” to receive tax relief, said the kingdom’s investment minister, as executives fear they could be taxed in more than one jurisdiction. Many executives said they were still uncertain about the details of the
The value of digital assets under management (AUM) for digital asset investment products in February rose to $28.3 billion, the highest number recorded since May 2022, according to Cryptocompare stats. The increase came against the background of rising U.S. Securities and Exchange Commission (SEC) enforcement actions against crypto industry players. Bitcoin and ethereum continue to
It has been more than a decade since Jeff Bezos excitedly sketched out his vision for Alexa on a whiteboard at Amazon’s headquarters. His voice assistant would help do all manner of tasks, such as shop online, control gadgets, or even read kids a bedtime story. But the Amazon founder’s grand vision of a new
Warren Buffett-backed Nubank, a Brazil-based neobank that debuted crypto trading options back in May 2022 on its platform, has announced the launch of nucoin, its own cryptocurrency. Part of the first batch of the currency, issued on top of Polygon’s network, will be issued to its customers as an airdrop, and for cashback purposes. Nubank
Last June, when the US Supreme Court overturned Roe vs Wade, women started deleting period-tracking apps from their phones. With abortion set to become illegal in certain states, they feared the data might be used to prosecute those seeking terminations. Was this an overreaction, or simply the realisation that we have entered the age of
An official of India’s central bank, the Reserve Bank of India (RBI), says that the country’s central bank digital currency (CBDC) will act as an alternative to cryptocurrency. He stressed that the digital rupee must possess all the attributes of physical currency, including anonymity. India’s CBDC Update Reserve Bank of India (RBI) Executive Director Ajay
In a “base case” scenario, Galaxy Digital’s research unit has tipped the burgeoning Bitcoin nonfungible token (NFT) market to hit a $4.5 billion market cap by March 2025. Bitcoin NFTs, or Ordinals, have attracted a significant amount of attention since the Ordinals protocol launched in late January, enabling users to inscribe data such as images,
Sex education in kindergartens, freezing the eggs of single women to counter population decline, three-day weekends — these are some of the more unusual delegates’ proposals for China’s biggest annual political extravaganza, the “two sessions”. Lacking official backing and unlikely to be adopted, the ideas are a relatively freewheeling part of the meetings in Beijing,
Cryptocurrency exchange Coinbase has acquired One River Digital Asset Management, an institutional digital asset manager and registered investment adviser with the Securities and Exchange Commission (SEC). This acquisition allows Coinbase “to expand institutional access to digital assets,” the crypto exchange said. Coinbase Expanding Institutional Access to Crypto Coinbase (Nasdaq: COIN) announced Friday that it has
Brussels has said it wants enough manufacturing capacity for clean technologies within the bloc to meet two-fifths of domestic needs while allowing EU governments to override environmental considerations in order for key projects to go ahead. In a draft proposal seen by the Financial Times, the European Commission said that in five key sectors —
The comedian Eddie Izzard used to do a standup routine about showers. In particular, the fine art of getting the water temperature right. Turn the dial a tad too far to one side, and you sustain third-degree burns. A fraction too much the other way, and you enter the sort of cryogenic stasis that messianic