Crypto News
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Today, in light of intensified terrorist activity in the Middle East, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an Advisory to assist financial institutions in detecting potentially illicit transactions related to Islamic Republic of Iran-backed terrorist organizations. The Advisory highlights the means by ...
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An American cryptocurrency entrepreneur locked in a legal dispute with the CEO of the collapsed crypto fund HyperVerse has been detained in Dubai and alleges police have tortured him into signing a false confession, the Guardian can reveal. Edel Hsieh, 43, from California, was first arrested in March at Dubai’s airport while attempting to fly to London. ...
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Bond markets make the financial world go round, helping to grease the wheels of commerce, allowing economic activity to expand. But when too much debt is issued, it can overwhelm demand, causing borrowing costs to spike which can be detrimental to the economy. This balancing act is attracting plenty of interest right now, especially when it comes to trends ...
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The Bank of England is likely to take another step towards its first interest rate cut in four years on Thursday as inflation falls, but will probably be cautious about signalling that a move is imminent. The central bank is widely expected to keep its benchmark Bank Rate on hold for a sixth meeting in a row at 5.25% - the highest since 2008 - after its May ...
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post: BOE GOV. BAILEY: GLOBAL INFLATION SHOCKS ARE FADING. post: BOE GOV. BAILEY: IT IS ENCOURAGING THAT INFLATION WILL BE CLOSE TO THE TARGET IN THE COMING MONTHS. post: *BOE'S BAILEY: `NOT YET AT A POINT' TO CUT BASE RATE post: BOE GOV. BAILEY: HIGHER THAN EXPECTED WAGE AND SERVICES INFLATION SINCE FEBRUARY SHOULD GIVE US PAUSE FOR THOUGHT, BUT SHOULDN'T OVERINTERPRET. post: *BOE'S BAILEY: JUNE BANK RATE CUT IS NOT RULED OUT OR PLANNED
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Release of the Financial Stability Report — Press conference by Governor Tiff Macklem and Carolyn Rogers, Senior Deputy Governor (11:00 (ET) approx.).
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The Bank of England is likely to take another step towards its first interest rate cut in four years on Thursday as inflation falls, but will probably be cautious about signalling ...
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Bank of Japan board members turned overwhelmingly hawkish at their April policy meeting, with many calling for raising interest rates steadily to forestall risks of an inflation ...
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Our Monetary Policy Committee (MPC) decides what monetary policy action to take. The MPC sets and announces policy eight times a year (roughly once every six weeks). In this ...
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We have raised interest rates over the past couple of years to help slow down price rises (inflation). It’s working. Inflation in the UK has fallen to its lowest level since ...
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In the week ending May 4, the advance figure for seasonally adjusted initial claims was 231,000, an increase of 22,000 from the previous week's revised level. The previous week's ...
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post: BOE'S BAILEY - LIKELY WE WILL NEED TO CUT BANK RATE OVER THE COMING QUARTERS BOE'S BAILEY - POSSIBLE WE WILL NEED TO CUT RATES MORE THAN CURRENTLY PRICED INTO MARKET RATES post: BOE GOV. BAILEY: WE HAVE NO PRECONCEPTIONS ABOUT HOW FAR AND FAST WE WILL CUT RATES. post: BOE GOV. BAILEY: MARKET MOVES IN INTEREST RATE EXPECTATIONS HAVE BEEN DOMINATED BY US MOVES. post: BOE GOV. BAILEY: THERE HAS BEEN SOME DECOUPLING RECENTLY BETWEEN UK AND US MARKET RATE EXPECTATIONS. post: BOE GOV. BAILEY: ONE SMALL CUT IN THE BANK RATE WOULD STILL LEAVE US WITH RESTRICTIVE MONETARY POLICY.
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Ethereum has had a slightly negative trading session on Wednesday, as we continue to hang around the crucial $3000 level. The $3000 level of course is a large, round, psychologically significant figure, and it will be an area that a lot of people would be paying attention to. However, there are a lot of different things going on at the same time, so I do ...
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Wednesday saw another day of volatile consolidation for the crypto market as Bitcoin (BTC) fell under pressure early in the trading session and saw intense grappling between bulls and bears near support at $62,000 in the afternoon. Stocks also trended lower at the market open and struggled to climb back into the green, with the day ending mixed for the ...
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Crypto trading and market-making firm DWF Labs denied reports that it engaged in $300 million of wash trading on Binance in 2023. "It has come to our attention that a recent article contains many allegations that we believe to be unfounded and that do not accurately represent our ethical business practices," DWF Labs said in its Telegram channel. The Wall ...