Crypto News
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The Ethereum user who accidentally sent $71 million worth of Wrapped Bitcoin to the wrong address last week—after being hit with an apparent “address poisoning” scam—may be about to get their money back. Or at least some of it. On May 3, address 0x1E227 sent 1,155 Wrapped Bitcoin (WBTC)—about $71 million worth—to a scammer’s crypto address, after being ...
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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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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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Good afternoon. It’s a pleasure to welcome you to the 11th Annual Conference on Financial Market Regulation. As is customary, I’d like to note that my views are my own as Chair of the Securities and Exchange Commission, and I am not speaking on behalf of my fellow Commissioners or the staff. My thanks to the Center for Financial Services at Lehigh ...
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After studying 334 currency pegs since the year 1800, Deutsche Bank Research analysts found that only 14% have survived. Applying what they learned to the world of stablecoins, they say most of these pegged digital currencies are doomed to become unmoored. “Some may survive, although most will likely fail,” the analysts wrote on the study published Tuesday. ...
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Bitcoin price is down 1.85% over the last 24 hours and currently trades 17% below its all-time high of $73,835 reached on March 14. Despite this performance, the technical setup, whale activity and on-chain data show that Bitcoin traders believe a trend reversal toward news highs could be in the making. Bitcoin price retests key support areas Data from ...
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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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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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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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Bitcoin price is down 1.85% over the last 24 hours and currently trades 17% below its all-time high of $73,835 reached on March 14. Despite this performance, the technical setup, whale activity and on-chain data show that Bitcoin traders believe a trend reversal toward news highs could be in the making. Bitcoin price retests key support areas Data from ...
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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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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 ...