Revolut Expands Crypto Exchange Across EU After Successful Launch in UK
Tens of thousands of traders have been using the bank’s crypto exchange in the UK, a spokesperson said.
Dogecoin Craze Grips Korea, Fuels Price Premium on Local Giants Upbit and Bithumb
DOGE's price has surged 78% since Trump's election win a week ago.
Bitcoin Price Rally Hits a Wall at $90K Resistance While FX Traders Back the Dollar Bull Run
All we would say here is not to fight this emerging dollar uptrend, ING said.
South Korean Police Arrest 215 in Suspected $232M Crypto Investment Scam Investigation: Yonhap
The scheme promised 20x returns through investing in tokens that in reality had little value.
Emerging Markets Extend Drop, Hit by Trump-Linked Dollar Gains
(Bloomberg) -- Emerging-market assets fell Wednesday as the dollar extended gains on a bet that Donald Trump’s new US administration will have strong support to push through his policies.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyNo Water by Year-End for This Zimbabwean City of 700,000 PeopleArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictMSC
Investors expect more growth and inflation after Trump win, BofA survey shows
Global investors changed their expectations on the global economy in the wake of Donald Trump's election win, and now see higher growth than they did before, as well as higher inflation, according to Bank of America's monthly fund manager survey. BofA polled 179 participants with $503 billion assets under management. Of those, 22% responded after the U.S. election, won by Republican former president Trump.
Trump Administration May Change Crypto Landscape, Cathie Wood’s Ark Invest Predicts
Investment firm Ark Invest has predicted that a second Trump presidency may bring a sea change in the crypto landscape of the United States.
Trump's economic agenda for his second term is clouding the outlook for mortgage rates
Donald Trump’s election win is clouding the outlook for mortgage rates even before he gets back to the White House. The president-elect campaigned on a promise to make homeownership more affordable by lowering mortgage rates through policies aimed at knocking out inflation. Mortgage rates are influenced by several factors, including moves in the yield for U.S. 10-year Treasury bonds, which lenders use as a guide to price home loans.
Trump win could be a double whammy for Hungary's economy
Donald Trump's victory may be a political boon for Hungarian leader Viktor Orban but on the economy, Trump is bad news for Hungary - adding to inflationary risks due to a weak forint and lower output due to possible tariffs on Europe's auto sector. With the forint already on the back foot since the Hungarian central bank's latest rate cut in September, Trump's stunning win sent central Europe's worst-performing currency to levels last seen in 2022, when the bank launched emergency rate hikes.
US Climate Official Tells COP29 Oil Boom Aids Energy Transition
(Bloomberg) -- The surge of US oil and gas output under the Biden administration is an enabler of the energy transition, not a black mark on the country’s climate progress, a top White House adviser said Wednesday.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyNo Water by Year-End for This Zimbabwean City of 700,000 PeopleArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough i