Author: Jordan

Bitcoin may drop to $53,600, matching its realized price. The price of the leading cryptocurrency could drop to $53,600. This level corresponds to the realized price of the asset—the average purchase cost of all coins in the network, reports The Block citing CryptoQuant. Julio Moreno, head of research at the company, noted that demand for Bitcoin remains “extremely unfavorable.” Last week, the figure decreased by 652,000 BTC—the sharpest decline since the beginning of 2022. Institutional interest has also waned. The capital inflow into spot Bitcoin-ETF over 30 days turned negative, amounting to -74,000 BTC. Instead of buying the dip, funds…

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The Mortgage Works is from tomorrow (Thursday 28 May) introducing new two-year tracker products to its buy-to-let range as well as cutting rates on selected two, three and five-year fixed rate products for new and existing customers. New products introduced: The Mortgage Works will be introducing new two-year tracker buy-to-let products for new and existing customers which include: New two-year tracker buy-to-let product (purchase and remortgage with a free valuation) up to 65% LTV with a 1% fee at 4.19%. New two-year tracker buy-to-let product (remortgage only with free valuation and free legals) up to 65% LTV with a 1%…

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oup’s FedWatch tool) were already implying better-than-even odds of another rate hike by December. That matters for gold because it pays no interest: when investors expect higher policy rates, the payoff from cash and bonds looks more attractive, and the US dollar often strengthens, which can weigh on dollar-priced commodities. Why should I care? For markets: Gold’s $4,000 level turns the next PPI reading into a positioning test. When a price level is this closely watched, small macro surprises can move markets more than usual. If PPI comes in hotter than expected, traders may price in a slightly more aggressive…

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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app…

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Vitoria-Gasteiz was awarded the Platinum Broom this Wednesday afternoon in Madrid, the highest distinction from ATEGRUS, for its new municipal landfill exploitation plan.Vitoria-Gasteiz was awarded the Platinum Broom this Wednesday afternoon, June 10th, in Madrid. This is the highest recognition granted by the Technical Association for Waste Management and Environment (ATEGRUS). This year, the distinction honors the new exploitation plan for the municipal landfill, a strategy that has transformed waste management in the Alava capital.The Councilor for Environmental Management, Pascual Borja, detailed the scope of the measures implemented at the facility: “This award acknowledges the work and investments such as…

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Castle Trust Bank has introduced automated valuation models on eligible buy-to-let cases as part of a move to speed up applications. The lender said AVMs will be available on standard residential properties, including houses and single flats, with a property value of up to £750,000 and a maximum loan-to-value of 65%. The change removes the need for a physical valuation on qualifying applications, with Castle Trust Bank saying the process is intended to reduce delays, streamline the customer journey and support quicker decision-making for landlords and property investors. The move forms part of the bank’s wider investment in service and…

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Flint Bishop has appointed Zarvin Vandrewala as partner and joint head of finance dispute resolution as the law firm expands its banking and finance recoveries practice. National law firm Flint Bishop has appointed banking and finance litigation specialist Zarvin Vandrewala as partner and joint head of finance dispute resolution as it looks to strengthen its position in the financial services sector. Vandrewala joins from Aberdein Considine, where he was a partner advising financial services clients on a range of contentious matters. He brings more than 14 years’ experience acting for banks, financial institutions and commercial organisations on complex litigation and…

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Published Thu, Jun 11, 2026 · 09:33 AM[HONG KONG] Hedge fund managers in Hong Kong are set to benefit from a change to the city’s tax laws, which will effectively eliminate taxes on performance-related income for some funds.The Hong Kong government plans to present a bill to the city’s Legislative Council proposing tax exemptions for a wide range of alternative asset managers on so-called carried interest. That’s the share of investment profits paid to fund managers, often making up a huge chunk of their annual compensation.The tax break on eligible carried interest will apply to hedge fund employees’ performance fees,…

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