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Alongside its counterpart in other developed countries, the UK BoE has been hiking interest rates as its major tool to fight headline inflation. Inflation in the United Kingdom (UK) has fallen to 10.5% in December according to data from the British Office for National Statistics (ONS). The core
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Even as there is no solid evidence of bidding for FTX Japan, Monex is taking the position to expand its horizon and push to the top of the table.As FTX battles with its bankruptcy proceedings, one of the four assets it put on sale, FTX Japan, has caught the interest
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The author of “The Price of Tomorrow,” Jeff Booth, has warned about debt deflation, calling it a “great depression on steroids,” if the Federal Reserve continues to hike interest rates. He believes that eventually the Fed “will be forced to pivot.” Jeff Booth Warns About Danger of Continued Fed Rate Hikes The
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“S&C’s disclosures as filed are wholly insufficient to evaluate whether S&C satisfies the Bankruptcy Code’s conflict-free and disinterestedness standards,” said Trustee Andrew Vara, a Department of Justice official responsible for bankruptcy cases. “The incomplete disclosures are a sufficient and independent reason to deny the application.” Source
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Interested buyers may officially begin to indicate their interests between January 18 and February 1.Bankruptcy judge John Dorsey has cleared FTX to sell four of its key units in its bid to raise funds to repay creditors. This means that the collapsed exchange may now sell off its FTX Europe,
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In Hong Kong, the bell rings for Bitcoin (BTC). Samsung Asset Management Hong Kong (SAMHK), a subsidiary of Samsung's investment arm Samsung Asset Management, is set to list the "Samsung Bitcoin Futures Active ETF" on the Hong Kong stock market on Jan. 13. The move comes amid a surge in
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XRP has been on the front lines of crypto news for the past couple of weeks as Ripple’s lawsuit with the Securities and Exchange Commission (SEC) heats up. The increased attention has translated to more market movement, and whales are looking to take advantage of this. Whales Move Into XRP XRP’s trading
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Place/Date: - January 11th, 2023 at 10:08 pm UTC · 4 min read Source: Snowfall Protocol Recall the incredible runs of Dogecoin (DOGE) and Shiba Inu (SHIB) in the spring of 2021? These tokens built strong communities that powered them to eye-watering
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FTX debtors have prioritized selling four businesses owned by the company, however, the US bankruptcy trustee in FTX’s case has argued that FTX has provided very little information on what’s actually being sold.In the new legal filing of FTX’s bankruptcy case, more than 117 buyers have shown interest in purchasing
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Friday morning's reports on job and wage growth and the service industry gave hope that the Fed may further slow the pace of monetary tightening. Original Source
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