(Bloomberg) — Egypt sold a 9.5% stake in state-run Telecom Egypt Co., raising more than 3.7 billion Egyptian pounds ($121 million) in a signal to investors that the country is serious about impl...
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DigiToads is poised for significant gains
SPONSORED POST* DigiToads (TOADS), a budding crypto project, is set to make significant gains by 2024, potentially outpacing established cryptocurrencies such as Aave (AAVE) and GALA (GALA). With an i...
Markets think falling inflation means rate cuts are around the corner. Here’s why that’s probably wrong.
A cashier rings up food in a checkout line at a Publix grocery store in Miami, Florida.Jeffrey Greenberg/UCG/Universal Images Group via Getty Images Expectations that the Fed will start cutting intere...
Savers have no right to expect an inflation-beating return
Bank of England Easy peasy, most of us said when the Prime Minister set five targets for answering the concerns of voters earlier this year. He might as well have said he aimed to walk a mile in under...
Strategist At $4,500,000,000,000 Fund Warns Sudden Interest Rate Drop Could Crush Dollar, Boost Bitcoin and Gold
Fidelity macro expert Jurrien Timmer says that a Fed pivot back to lower interest rates could ignite fresh bull markets for gold and Bitcoin (BTC). Timmer points out to his 162,000 Twitter followers t...
Investors predict ‘imminent’ US high-yield bond sell off
Investors are growing nervous of a sharp fall in the prices of risky corporate bonds as credit conditions for US businesses and households grow increasingly tighter. The US Federal Reserve’s quarterly...
Reality, Hype, What’s Next, and How to Prepare
ChatGPT, a conversational AI model built by OpenAI, has dominated tech conversation in 2023. Payments, banking, and insurance players are eager to understand generative AI’s potential and put it...
Trader Predicts XRP’s Price Will Drop Further in the Short-Term
EGRAG CRYPTO, a trader and analyst, forecasted that XRP’s RSI will drop towards the 42 range. The trader shared that the lower XRP’s RSI drops the stronger the altcoin’s price will bounce in the near ...
Stacks (STX) Outshone by Crypto Gem Tradecurve (TCRV), Will The Graph (GRT) see $2 again?
The crypto world emerged from the poorly performing 2022, only to hit a financial scare at the beginning of 2023. With the crisis rocking the Signature Bank and the Silicon Valley Bank, investors are ...
Bittrex Declares Bankruptcy And More
After suspending its US operations, on Monday, crypto exchange Bittrex finally filed for Chapter 11 bankruptcy protection. Let’s find out more. Bitcoin Amid all the banking carnage, Bitcoin is having ...
Shareholders of Evergrande’s EV unit agree on restructuring deal
By Xie Yu HONG KONG (Reuters) – Shareholders of China Evergrande New Energy Vehicle Group accepted a proposal to dispose of two subsidiaries in a restructuring, according to a filing with the Ho...
How many Bitcoins should you Buy to become a Millionaire in 2033?
Despite most cryptocurrencies being on a decline and Bitcoin failing to breach its 30K resistance price, experts believe that buying Bitcoin now could be a lucrative investment. Bitcoin is the biggest...
The BlockDown Festival in Portugal this July
BlockDown Festival: Portugal, is excited to reveal two exclusive Bored Ape parties featuring DJ Ape and friends at this summer’s top European Web3 festival. Attendees can anticipate Europe’s inaugural...
Ripple’s Top Lawyer Slams SEC: ‘Wrong Then, Wrong Now’
Alex Dovbnya Ripple’s chief legal officer Stuart Alderoty has taken sharp jab at US Securities and Exchange Commission (SEC), hinting at regulator’s historical legal misinterpretations Rip...
Yachtify (YCHT) To Find Best Investment Opportunities for Users as Synthetix (SNX) Stuns Investors
Yachtify (YCHT) will be the major difference in the maritime industry in a few years to come. The project is focused on expanding the maritime service industry by opening it up to new investors with s...
Ferrari Shares Advance As Purosangue, Special Editions Promise Fat Profits
Ferrari Purosangue seen at HR Owen Ferrari in Mayfair, London. The Purosangue is Ferrari’s first … [+] SUV, and also first four seater with four doors. Complete with a V12, it is one of th...
Bond Traders Laser-Focused on Washington as Debt-Cap Risks Grow
(Bloomberg) — Treasury traders will be on high alert in the coming week for signs out of Washington on whether the US will careen toward a market-upending default — or will clinch a last-gasp de...
CertiK Alert Reports Bitpaid Faces 81% Drop And $30K Loss Due to Exploit
Exploit detected on Bitpaid (BTP) contract address leading to 81% drop and $30K loss. BTP token holders’ count during the drop was 11,074, with a token value of USD 0.08. BTP team successfully activat...
I’ll be waiting for you with my shotgun, Revolut executive texts customer
revolut card The head of Revolut’s UK operations accidentally texted a disgruntled customer to say he would be waiting for him “in the garden with my shotgun”, it is claimed. James Radford – a key fig...
Fed policy on right track, but inflation still too high, officials say
By Ann Saphir PALO ALTO, Calif. (Reuters) -The Federal Reserve is getting interest rates closer to where they need to be to win the battle against inflation, a pair of U.S. central bankers said on Fri...
Fire Risk in Canada’s Oil Heartland Surges Over Hot Weekend
(Bloomberg) — The number of wildfires in Canada’s main oil-producing province was on the rise as conditions turned hot and dry over the weekend, prompting officials to warn of more blazes to com...
South Africa’s Rand plummets amid explosive Russian arms scandal – Cryptopolitan
The South African currency’s exchange rate versus the U.S. dollar plunged to a new all-time low of ZAR19.51:US$1 on May 12, after the U.S. ambassador to South Africa accused the country of secretly su...
disinflation prospects ‘good’ but not guaranteed
PALO ALTO, Calif. (Reuters) – St. Louis Federal Reserve Bank President James Bullard, an early and vocal supporter within the U.S. central bank of rapid interest-rate hikes to beat back soaring ...
Ripple Could Burn Their XRP Right Now: Former Executive
Gamza Khanzadaev Matt Hamilton brings clarity to issue of XRP burning and Ripple’s escrow accounts Former Director of Developer Relations at Ripple Matt Hamilton has weighed in on the debate reg...
Ripple’s legal officer cites 77-year-old case to debunk SEC’s claims
The ongoing legal battle between blockchain firm Ripple and the Securities Exchange Commission (SEC) continues to see new developments, with both sides identifying areas of weakness in their opponent’...
‘We didn’t ruin Cadbury – we made it better’
Dirk Van de Put, the CEO of Cadbury’s parent company Mondelez – Andrew Fox Cadbury needed to be taken over to improve its flagging business, the chief executive of its US owner has claimed...
Bullish Pattern Forecast a 50% Rally in Pepecoin; Enter Today?
Published 5 seconds ago PEPE Price Analysis: The recent correction in Pepecoin price found support at the $0.0000011 mark and showed a sharp bullish reversal. The coin price nearly doubled its market ...
JPMorgan opposes class-action status for Epstein accusers
By Jonathan Stempel NEW YORK (Reuters) – JPMorgan Chase & Co on Friday asked a federal judge to deny class-action status to more than 100 women who said the bank helped enable the late finan...
Quadriga Users Set to Receive Repayment
Creditors of the bankrupt Canadian crypto exchange Quadriga will soon be repaid 13% of their claim. The figure was revealed in documents published by the accounting firm EY on Friday. Quadriga Subject...
An elderly man was scammed out of millions. Could the bank have done more to prevent fraud?
Why would 76-year-old Larry Cook transfer over $3.6 million out of the country just before his death? That was tickling the mind of Janine Satterfield as she was mourning her beloved uncle. A decorate...
Here’s Why You Should Watch XRP Closely in Upcoming Week
Arman Shirinyan XRP’s state right now is questionable, but whole picture might change quite soon As the crypto market gears up for a potential rally, XRP is one to watch. Based on technical anal...
Coinbase Assembles Global Advisory Council Featuring US Politicians & Industry Leaders
– Advertisement – Coinbase has established a Global Advisory Council to navigate the regulatory landscape surrounding the crypto industry. The crypto exchange has tapped former U.S. lawma...