Bitcoin (BTC) and crypto markets face 3 key events this week. US voters elect a new Congress, 3 central banks weigh rate hikes, and Friday brings the October jobs report.
The markets enter the week still recovering. A record $6.3 billion hack at...
A Bloomberg Economics model shows Bank of England (BoE) officials are the most hawkish since early 2023. Markets now price a near-certain rate hike on Nov. 5.
The BoE has not tightened as the Federal Reserve (Fed) and European Central Bank (ECB)...
Britain’s biggest banks completed the first interbank transfers of tokenised deposits, moving money on blockchain rails within the regular banking system rather than through stablecoins.
Lloyds, NatWest and Barclays ran two mortgage transactions,...
Gilt yields fell as active auctions paused, yet the Bank’s full portfolio unwind keeps a slow-burn rates risk alive.
The post Bitcoin faces an eight-year rates test as the BOE unwinds £368 billion appeared first on CryptoSlate.
The Bank of England (BoE) is holding its rate at 3.75%, even as UK inflation climbs and the US hikes. That divergence comes down to where the inflation is coming from.
The BoE’s Monetary Policy Committee (MPC) voted six to three to hold, with three...
UK inflation rose to 3.1% in August from 2.9% in July, the highest reading in five months. The Bank of England decides on interest rates one day later.
The same shock is showing up elsewhere. Energy costs tied to the Middle East conflict have lifted...
If you’re fascinated enough by Apple’s new folding iPhone to splash $2,000, Samsung would actually be getting a $250 cut from the purchase. Not some third-party hardware producers, but the company itself.
The intel comes from a Chinese leaker on...
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UK Regulators Clear Path for Crypto Hub Status, Wirex CEO Says
The United Kingdom is taking deliberate and coordinated steps to establish itself as a global center for virtual assets, according to Chet Shah, CEO of digital payments...
