Traders boost Bank of England rate bets, favor two 25bps hikes by year-end

The Fed's hawkish stance under Warsh suggests prolonged higher interest rates, impacting borrowing costs and economic growth amid inflation. The post Fed signals possible rate hikes under new chair Warsh amid rising inflation appeared first on Crypto Briefing.

The denial highlights the ongoing scrutiny of political influence on financial policy, impacting the future of digital currency regulation. The post Bank of England governor denies Farage lobbying influenced CBDC policy appeared first on Crypto Briefing.

The Fed's internal debate signals potential rate hikes, impacting market stability and investor strategies amid persistent inflation concerns. The post Federal Reserve holds rates steady at 3.5%-3.75% as inflation hawks circle inside the FOMC appeared first on Crypto Briefing.

Andrew Bailey reportedly said Bank of England policy remained independent after a meeting with Nigel Farage that included discussions on cryptocurrency.

The post British Pound: Recovery eyes 1.36 against US Dollar – Scotiabank appeared on BitcoinEthereumNews.com. Scotiabank strategists Shaun Osborne and Eric Theoret note the British Pound (GBP) is slightly softer but supported by a sharp repricing of Bank of England (BoE) tightening. Improving United Kingdom (UK)–United States (US) spreads and positive sentiment around the UK leadership transition underpin GBP, while technicians remain bullish, targeting an extension of gains toward 1.36 within a 1.3300–1.3400 near-term range. BoE repricing underpins Pound outlook “The pound is soft, down a fractional 0.1% vs. the USD and a mid-performer among the G10 currencies in mixed overall trade. The latest resurgence in geopolitical tensions has amplified the renewed tightening in BoE expectations that we had observed over the past week or so.” “The recovery in UK-US spreads is offering fundamental support to the GBP, and compounding the sentiment-related strength observed in response to the mar

The post Coinbase UK Regulatory Approval Paves Way for Investment Services appeared on BitcoinEthereumNews.com. Coinbase has secured a landmark regulatory approval in the UK, receiving authorization from the Financial Conduct Authority to provide investment services through a MiFID license — a move that fundamentally reshapes what British users can do on a crypto platform. This is not a minor compliance update. It is the most significant product expansion Coinbase has made in the UK since it entered the market, and it arrives at a moment when the country is actively building the regulatory architecture that will govern digital finance for years to come. Key takeaways Coinbase received FCA authorization via a MiFID license, enabling it to offer regulated investment services in the UK. UK retail customers can now trade equities on Coinbase for the first time. Institutional and advanced traders gain access to derivatives including perpetual futures on crypto, equities, and commodities. Al

The post British Pound: Pound resilience faces political risks – Rabobank appeared on BitcoinEthereumNews.com. Rabobank’s Senior FX Strategist Jane Foley highlights that the British Pound (GBP) has been a strong G10 performer this year, supported by sticky United Kingdom (UK) inflation, Bank of England (BoE) rate expectations and inbound M&A flows. However, Foley warns that excess economic capacity, high government debt and political uncertainty around Burnham’s incoming Labour government and fiscal stance could weigh on GBP, with EUR/GBP seen higher by year-end. Feel good for now “The pound is the second best performing G10 currency in the month to date after the NOK. In the year to date the pound is fourth place in the G10 performance table. The UK’s recent history of sticky inflation and the swing in short-term interest rates at the start of the Iran war to pricing in BoE rate hikes can partly explain GBP’s resilience.” “Despite this month’s better tone, we don’t see GBP as being fr

The mass liquidations highlight the fragility of leveraged positions, potentially leading to increased caution and regulatory scrutiny in crypto markets. The post 144,616 crypto traders liquidated in 24 hours amid market turbulence appeared first on Crypto Briefing.