The stock and cryptocurrency trading platform Robinhood, whose main base of operations is in the United States, presented its latest quarterly report. In this balance, they highlight that they capitalized 43 million US dollars from their cryptocurrency operations division.
Despite a slight decline…
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40 % of banks want to develop Bitcoin technology
The United States Federal Reserve (FED) conducted a survey of a group of national and international banks where 40 % certified their interest in including and developing, in the short and medium term, products related to Bitcoin technology.…
The Fed will reduce its balance sheet by 95,000 million dollars
The United States Federal Reserve (Fed) opened the door, in its last monetary policy meeting, to a reduction in its balance of assets worth 95,000 million dollars, (equivalent to 87,188 million euros) per month as of summer, according to…
Deutsche Bank expects ECB reaction to inflation
The president of Deutsche Bank and the Association of German Banks (BdB), Christian Sewing, stated that he expects a prompt reaction from the European Central Bank (ECB) in the face of the new increase in inflation.
“In the midst of all…
Interest in Facebook has fallen by 87 %
The average user's interest in Facebook has plummeted by almost 90 % in the last ten years, according to a study carried out on the current popularity of the social network after its conversion into Meta.
The investigation carried out by…
Bank of England raises rates a quarter point
The Monetary Policy Committee of the Bank of England decided to increase, for the third consecutive time, the reference interest rate for operations by 25 basis points, going to 0.75 %. The decision was approved with votes in favor against…
Banking sector in Spain recovers the cost of risk and capital
The financial entity Bankinter presented the banking results that reflected the return to the pre Covid-19 business and beat market forecasts, even without taking into account the capital gain obtained by the entity from the breakdown of…
Bank of Mexico increases interest rates to 4.25 %
Most of the members of the Governing Board of Bank of Mexico(Banxico) resolved to increase interest rates by 25 basis points, to stand at 4.25 %.
With this decision, the financial entity aspires to slow down inflation, which stood at 6.02…
Trump asks the Federal Reserve to lower interest
The president of the United States, Donald Trump, asked the Federal Reserve, the US central bank, a new reduction of interest rates and to resume its quantitative relief program to weaken the exchange rate against other currencies and boost…
The ECB injects 3,400 million in its first TLTRO-III auction
European banks have generally reduced their participation in this type of operations. In the first auction of the TLTRO-II program, almost 400,000 million euros were awarded and more than 500 entities attended. Although the interest rate…