Category: MONEY
Posted on November 15, 2022
FTX Collapse Slaps the Winklevoss Brothers
‘Disappointed’ Genesis Stops Customer Withdrawals FTX Practices Cryptocurrency brokerages Gemini and Genesis are reassuring people that their operations are still solvent after the massive collapse of exchange FTX. The insolvency of FTX could result in more companies in …
Posted on November 15, 2022
: House prices will fall in 2023, but affordability will be at its worst since 1985, says Capital Economics
Home prices will fall next year by 8%, as mortgage rates and a recession will continue to hurt affordability, a new report says. The report by Capital Economics, published this month, which outlines its outlook for housing over …
Posted on November 15, 2022
Bitcoin price target now $13.5K as BTC trader says ‘exit all the markets’
FTX CEO tells of “complete failure of corporate controls” Bid liquidity offers $13,500 support Bitcoin shrugs off FTX news, but analysts warn BTC and altcoins are due significant losses. Bitcoin (BTC) ranged around $16,500 on Nov. 17 as …
Posted on November 14, 2022
Think house prices are too high? The rental market is somehow even worse —
While the dramatic impact of higher lending rates on the housing market has been well documented, what’s happening in the rental market hasn’t gotten nearly as much attention. Because as anyone who has signed a lease — or tried …
Posted on November 14, 2022
The spectacular collapse of a $30 billion crypto exchange should come as no surprise
No rescuers in sight Cautionary lessons Impact on crypto Not long ago, FTX was one of the world’s largest trading platforms for cryptocurrencies. Founded in 2019, the Bahamas-based crypto exchange had a meteoric rise to prominence, and was …
Posted on November 14, 2022
FirstFT: ‘Unprecedented’ crypto turmoil | Monetary Instances
5 extra tales within the information The day forward What else we’re studying and listening to Book Good morning. This text is an on-site model of our FirstFT e-newsletter. Signal as much as our Asia, Europe/Africa or Americas …
Posted on November 14, 2022
A mandate for multi-employer bargaining? Without it, wages for the low paid won’t rise
Provisions already exist But they just don’t work “The fact is that the government that I lead was elected with a mandate to increase people’s wages,” Prime Minister Anthony Albanese told the House of Representatives last week, as …
Posted on November 14, 2022
Why rising mortgage rates has created a stalemate in the tug-of-war between buyers and sellers in the residential real estate markets
Why rising mortgage rates has created a stalemate in the tug-of-war between buyers and sellers in the residential real estate markets Introduction What else is there to know about rising interest rates? How will it play out? …
Posted on November 14, 2022
: Home prices will fall in 2023, but affordability will be at its worst since 1985, research firm says
Home prices will fall by 8% next year, but high mortgage rates and a possible recession will continue to hurt affordability, a new report says. In a report published this month, independent research firm Capital Economics warned that …
Posted on November 13, 2022
Silo Finance Integrates Chainlink Price Feeds for a Smooth & Seamless Operation of Lending Markets
Creating Lending Markets For All Digital Assets Chainlink Price Feeds’ Wide Range Of Features Chainlink Price Feeds have been integrated by Silo Finance onto the Ethereum mainnet. Silo Finance now has access to advanced, tamper-proof price feeds that …