Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%

en noviembre. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 puntos básicos (bps). The increase brings the United Kingdom’s main lending rate to 3%, after a majority

Natural Gas Price Hike Hits Crypto Miners in Iran

Companies using natural gas as a power source to mint digital currency in Iran will have to deal with a sharp increase in the price of the fuel. The new rates set by the state-run supplier are almost double the previous

Moneygram Enables Customers to Buy and Sell Cryptocurrency via Its Money Transfer App

Moneygram has launched a new crypto service to allow customers to buy, sell, and store cryptocurrencies using its mobile money transfer app. Inicialmente, three cryptocurrencies are supported, including bitcoin and ethereum. Moneygrams New Crypto Service Moneygram International Inc. (Nasdaq: MGI) Anunciado…

The Fed Codifies Fourth Consecutive 75bps Rate Hike — Stocks, Bitcoin, and Metals Rise

Los Estados Unidos. Federal Reserve introduced another jumbo rate hike on Wednesday, Nov. 2, 2022, by hiking the federal funds rate (FFR) por 75 puntos básicos (bps). The American central bank said on Wednesday that the hike aims to curb inflation and

Crypto Exchange Coinbase Files Amicus Brief to Support Ripple in SEC Lawsuit Over XRP

Cryptocurrency exchange Coinbase has filed an amicus brief in support of Ripple Labs in the U.S. Comisión Nacional del Mercado de Valores (SEGUNDO) demanda sobre xrp. base de monedas’s support is seen as a significant step in the case given that the crypto exchange was

Indian Central Bank RBI Begins First Digital Rupee Pilot Today

banco central de la india, el Banco de la Reserva de la India (carreras impulsadas), is launching its first digital rupee pilot on Nov. 1. with the participation of nine banks. “Settlement in central bank money would reduce transaction costs by pre-empting the need for settlement guarantee

French Lawyer Asks Russian Patriarch to Help Save Alexander Vinnik From ‘Political Trial’ in US

A member of the defense team of the alleged BTC-e operator Alexander Vinnik has called on the head of the Russian Orthodox Church to intervene in support of his client. The Russian national may be sentenced to over 50 years in

Professor Steve Hanke Says US Economy Was Flat Over the Last Year, but Stresses ‘It’s Going to Hit South’

Amid the chaotic economy, plagued with central bank tinkering, supply chain issues, and red-hot inflation, the professor of applied economics at Johns Hopkins University, Steve Hanke believes apretty big recessionwill take place in 2023. Speaking in an interview on

Fidelity: 74% of Institutional Investors Surveyed Plan to Invest in Digital Assets

A new study by Fidelity Digital Assets, a subsidiary of financial giant Fidelity Investments, shows that 58% of institutional investors surveyed invested in digital assets in the first half of this year and 74% plan to invest in the future. Fidelity’s…

Mad Money’s Jim Cramer Apologizes for Being Wrong About Facebook Parent Meta After Stock Plunges

The host of Mad Money, jim cramer, has apologized to investors for being wrong about Facebook parent Meta Platforms after its stock plunged to a record low. “I made a mistake here. I was wrong,” he said emotionally after stating previously