Assets

Mortgage Market: Rates Continue to Rise, Pressuring Home Buyers

6 months ago

According to the latest data released on November 21, 2024, mortgage rates in the United States have continued to rise, putting additional pressure on home buyers. The average interest rate for a 30-year fixed mortgage has now reached 8.1%, marking an increase compared to previous weeks. This rise in rates comes amid strengthening economic conditions, inflation growth, and the Federal Reserve's decision to maintain its aggressive policy of raising interest rates.

Trump Unveils World Liberty Financial Crypto Project Aimed at Redefining Financial Landscape

9 months ago

Former U.S. President Donald Trump has announced a new cryptocurrency project called World Liberty Financial. He made this announcement during a virtual appearance on the platform X Spaces, formerly known as Twitter. The event featured several prominent figures, including financial analysts and tech experts, who supported this initiative and shared their visions for the future of cryptocurrency.

Telegram's Crypto Token: A $5.9 Billion Red Flag for Crypto Investors

9 months ago

Telegram, the popular messaging platform, has recently launched a crypto token that has sent alarm bells ringing in the cryptocurrency community. This new token comes with a staggering market capitalization of $5.9 billion, which has raised eyebrows among both investors and analysts. The launch is seen as a major event in the world of digital currencies, particularly given the ongoing volatility and regulatory scrutiny faced by crypto assets globally.

South Africa's Regulator Raises Concerns over Prescribed Assets Plan

9 months ago

The financial regulator of South Africa has expressed serious concerns regarding the proposed plan for implementing prescribed assets, which experts believe could have a negative impact on the country's economy. This plan, implying mandatory investments in certain assets, is still under discussion and has drawn numerous critical remarks from financial analysts and industry experts.