Crypto News
Pound Sterling Suffers Biggest Drop in 18 Months Amid Reeves’ Tax-and-Spend Storm
Following the latest budget reveal, the pound sterling has taken a sharp tumble, fueled by mounting worries about the U.K.’s fiscal outlook. Chancellor Rachel Reeves’ decision to pump £70 billion into government spending—funded through additional borrowing—has stirred up significant unease among investors. They’re concerned this move could lead to higher inflation and escalating interest rates.Source link
Michael Saylor Conjures Stock Market Magic With Giant Plan to Buy More Bitcoin
Michael Saylor's MicroStrategy tops Coinbase as the biggest crypto stock after revealing huge plan to buy more bitcoin (BTC).Source link
Hong Kong Sees Surge in Negative Equity Residential Mortgage Loans
Hong Kong Monetary Authority reports a significant rise in residential mortgage loans in negative equity, reaching 40,713 cases at the end of September 2024. (Read More)Source link
Telegram Crypto Game ‘W-Coin’ Reveals Long-Awaited Airdrop Details
Tap-to-earn Telegram game W-Coin has revealed that its token will launch in December, with 70% of the supply allocated to players.Source link
Claude 3.5 Sonnet Elevates Performance on SWE-bench Verified
Claude 3.5 Sonnet outperforms previous models on SWE-bench Verified, achieving a 49% score. Learn about the enhancements and the agent framework enabling this advancement. (Read More)Source link