The recent closure of a Bitcoin data center in the Norwegian municipality of Hadsel has resulted in power hikes for citizens due to the inability t...

Mining News Bytes Norway News Bytes - 4

Sep, 15, 2024

by Bitcoin News

Bank of England’s fight against inflation will land UK into recession, economists say

The Bank of England (BOE), by the end of the year, will throw the U.K. into a recession as it continues to battle the worst inflation faced by any ...

UK Interest Rate Recession Bank Of England

Jun, 27, 2023

3 min read

by CryptoPolitan

‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist Says

Current indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the monetary authority’s chief economist said. Fu...

Finance Europe Inflation Interest Rate

Apr, 27, 2023

2 min read

by Bitcoin News

Gold Slides on Higher US Treasury Yields, Dollar

Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop o...

Federal Reserve UK Gold Inflation

Apr, 19, 2023

2 min read

by Bitcoin News

Europeans to See More Interest Rate Hikes, Central Bank Governors Indicate

Further rate hikes are warranted by persisting inflation in the eurozone, according to members of its monetary authority’s decision-making body. Tw...

Finance Inflation Central Banks ECB

Apr, 14, 2023

3 min read

by Bitcoin News