Bitcoin’s price jumps over $ 43,000. Shiba Inu leads an increase in meme tokens.

Text size Bitcoin prices have risen above its 50-day moving average for the first time in two months. Dreamstime Bitcoin moved over $ 43,000, and Shiba Inu led to an increase in meme tokens on Monday as a strong U.S. job report lifted overall market sentiment. Bitcoin, the world’s largest cryptocurrency, has risen 4.3% over … Read more

The British central bank governor set in motion a goat hamster nest by proposing that workers should not ask for higher wages when inflation is high. Is the Fed’s position different?

On Friday morning, the Governor of the Bank of England Andrew Bailey surprised his country with a controversial ridicule that people should wait to ask for wage increases in the name of fighting inflation. “We need to see a moderation in wage increases,” Bailey said. “Now it’s painful, I do not want to in any … Read more

How the Fed’s policy shift is sweeping through the housing market

The Federal Reserve’s decision to end its era with easy money trickles through the mortgage market and increases the cost of buying a home. The central bank had been the largest buyer of pools of home loans since the beginning of the pandemic. Now it is reversing its course, settling its purchases and laying the … Read more

The bid sanction plan is aimed at Russian banks, companies and imports if Ukraine is attacked

WASHINGTON – The Biden administration is narrowing its targets for a barrage of economic sanctions against Russia if it attacks Ukraine – hitting major Russian banks, state-owned enterprises and necessary imports, though the strategy faces obstacles that have hampered previous press campaigns. Administration officials said the planned actions are nearing completion and have been unparalleled … Read more

Facebook’s Cryptocurrency bet on liquidating, selling assets

Facebook’s ambitious efforts to bring cryptocurrency to the masses have failed. The Diem Association, the Facebook consortium founded in 2019 to build a futuristic payment network, is winding down and selling its technology to a small California bank that serves bitcoin and blockchain companies for about $ 200 million, said a person familiar with the … Read more

Elon Musk urges McDonald’s to accept Dogecoin for payment

Elon Musk has repeatedly touted dogecoin, including earlier this month, when he said Tesla would accept the cryptocurrency as payment for some items. Photo: Hannibal Hanschke / Associated Press Updated January 25, 2022 at 19:12 ET Elon Musk wants McDonald’s Corp. MCD -1.16% to start accepting dogecoin for payment. “I would eat a good meal … Read more