British chancellor Rishi Sunak yesterday delivered a “tax, spend and save” Budget in which improved official forecasts gave him a £35bn annual windfall of additional revenue on top of the £36bn a year of tax rises he had already imposed.

He chose to split this bounty between improving underlying UK public finances and spending more on public services to offset rising inflation.

As he sought to set out the government’s priorities after devoting much of his time as chancellor to firefighting the coronavirus crisis, Sunak said his third Budget “does begin the work of preparing for a new economy post Covid”.

The chancellor said this would be a UK economy of “higher wages, higher skills and rising productivity”, adding there would also be “strong public services”.

• Opinion: The government has bowed to pressures for higher taxes, predominantly to protect the old, says Martin Wolf.

• What it all means The important changes affecting personal taxes, investments, pensions and property.

Thanks for reading FirstFT Europe/Africa. Here’s the rest of the news — Gary

Five more stories in the news

1. Traders bet ethereum will benefit from ETF boost Traders are positioning for a surge in ethereum prices, which some are wagering will more than treble to $15,000 by March next year.

2. Investors warm to nuclear fusion. Private sector investment is flowing into nuclear fusion companies at record levels in the hope that efforts to generate clean, cheap energy are closer to realisation, according to a study co-published today by the UK Atomic Energy Authority.

3. Activist fund Third Point calls for break-up of Shell Royal Dutch Shell is under pressure to break itself up after the activist hedge fund Third Point built a large stake and accused the oil supermajor of being bogged…

Introduction and Scope
Comprehensive approach applied to the Cryptocurrency Remittance Software market analysis offering valuable insights along with factual evidences and actionable information to the clientele comprising of business investors, stakeholders, venture capitalists and entrepreneurs. The study compiles an array of data derived from a thorough and organic research traversing through the critical complexities of the Cryptocurrency Remittance Software market. the data offered in the market report is structurally organized and industry relevant representing an unbiased, decisive and authentic report on the keyword market. the study deliverables encompass strategic perspective, revenue scales and patterns, industry valuations, demand to supply ratio and cost structure of the Cryptocurrency Remittance Software market.

Vendor Landscape and Profiling:
Electroneum, Metallicus, BitPesa, SpectroCoin, Intermex Wire Transfer, ABRA, Sentbe, Everex, Celsius Network, Request Network, TenX, Wirex, Wyre, etc.

We Have Recent Updates of Cryptocurrency Remittance Software Market in Sample [email protected] https://www.orbisresearch.com/contacts/request-sample/4942234?utm_source=PoojaGIR

The study deliverables emphatically showcase the growth inducing variables and their pathway of impact in accelerating the growth of the Cryptocurrency Remittance Software market. along with the growth stimulators, the market study describes the range of factors effectively impeding the growth of the market directly or indirectly. The growth fluctuations observed as a part of the current Cryptocurrency Remittance Software market status are efficiently explained by the prevalence of recognized growth altering factors. It also allows estimation of the possible opportunistic landscape outlining the growth prospects along with the potential emergence of challenges faced by the Cryptocurrency Remittance Software market.

Market Segmentation: Cryptocurrency Remittance…

Adding fuel to speculation that some “influential” politicians from Karnataka could be involved in a drugs and cryptocurrency scam, Leader of the Opposition Siddaramaiah on Wednesday went public with his concerns on this issue.

“There is information about the involvement of influential politicians of Karnataka in the drugs & Bitcoin scam. It is concerning that the investigating officers are trying to close the case to help those politicians…” he said in a tweet.

“The BJP government should not use their power to divert the investigation and they must ensure that the guilty are punished,” he added.

Siddaramaiah’s tweets come even as speculation is rife with various theories, one of which is that two politicians from the state are involved in the drugs and Bitcoin scam.

Earlier this year, CCB sleuths had seized Bitcoins worth Rs 9 crore from a Bengaluru-based hacker, Srikrishna alias Sriki. He was also accused of breaking into government portals and of sourcing drugs through the dark net, while paying for it through cryptocurrency. It is believed that some “high-profile” leaders and their kin were involved.

In the wake of these speculations, Bengaluru-based Citizen Rights Foundation has written to Prime Minister Narendra Modi, demanding an investigation.

Foundation chairperson KA Paul, in his letter, said he researched and found three FIRs pending against Srikrishna. “Due to the intervention of people in power, he went scot-free. In the interest of the country, I sincerely feel a proper investigation is must (sic),” he stated.

Meanwhile, another letter addressed to Modi written by a pro-Hindutva activist Girish Bharadwaj drew a lot of attention.

In his October 19 letter, Bharadwaj calls for a ban on cryptocurrency, pointing to China, Indonesia and Turkey having declared it as illegal. He stated that cryptocurrencies are used by money launderers, cybercriminals and terror financiers as they offer anonymity and non-traceability, while quoting the examples of a few…

Introduction and Scope
Comprehensive approach applied to the Cryptocurrency Exchanges market analysis offering valuable insights along with factual evidences and actionable information to the clientele comprising of business investors, stakeholders, venture capitalists and entrepreneurs. The study compiles an array of data derived from a thorough and organic research traversing through the critical complexities of the Cryptocurrency Exchanges market. the data offered in the market report is structurally organized and industry relevant representing an unbiased, decisive and authentic report on the keyword market. the study deliverables encompass strategic perspective, revenue scales and patterns, industry valuations, demand to supply ratio and cost structure of the Cryptocurrency Exchanges market.

Vendor Landscape and Profiling:
Binance
Coinbase
Poloniex
LocalBitcoins
BTCC
Bittrex
Kucoin
iFinex
Kraken
Bitstamp
CoinDeal
EXMO
Coinfloor
CoinsBank

We Have Recent Updates of Cryptocurrency Exchanges Market in Sample [email protected] https://www.orbisresearch.com/contacts/request-sample/5550708?utm_source=PL3

The study deliverables emphatically showcase the growth inducing variables and their pathway of impact in accelerating the growth of the Cryptocurrency Exchanges market. along with the growth stimulators, the market study describes the range of factors effectively impeding the growth of the market directly or indirectly. The growth fluctuations observed as a part of the current Cryptocurrency Exchanges market status are efficiently explained by the prevalence of recognized growth altering factors. It also allows estimation of the possible opportunistic landscape outlining the growth prospects along with the potential emergence of challenges faced by the Cryptocurrency Exchanges market.

Market Segmentation: Cryptocurrency Exchanges Market

Product-based Segmentation:
Cloud-based
Web-based

Application-based Segmentation:
BFSI
Retail
Media and…

Istanbul-based crypto exchange Paribu has listed Shiba Inu ($SHIB), thereby helping the meme-based cryptocurrency to surge to a new all-time high price.

This is how Coinbase described the $SHIB token when it announced on June 15 that it was listing the extremely popular cryptocurrency on Coinbase Pro:

“Shiba Inu (SHIB) is a token that aspires to be an Ethereum-based alternative to Dogecoin (DOGE), the popular memecoin. Unlike Bitcoin, which is designed to be scarce, SHIB is intentionally abundant — with a circulating supply of one quadrillion. The Shiba Inu Token ecosystem supports projects such as an NFT art incubator and the development of a decentralized exchange called Shibaswap.“

However, as one $SHIB HODLer pointed out on October 22, $SHIB is more than just another meme-based cryptocurrency:

The Bucs fan who returned Tom Brady’s 600th touchdown ball got two signed jerseys, season tickets, and one Bitcoin, among a few other items. Good deal for a ball worth an estimated $500,000? Brady said the fan “lost all of his leverage once he gave the ball away” and that “he should have held it.” 🤔

DraftKings/Design: Alex Brooks A major potential merger in sports gambling and gaming has been called off: DraftKings announced on Tuesday “that it will not make a firm offer for Entain at this time.” The sports betting giant made a $22.4 billion bid for Entain on Sept. 19, representing a 43% premium on the British gambling company’s stock price. That opened a negotiating period of 28 days for DraftKings to finalize the offer, which Entain extended to Nov. 16 with permission from regulators. Entain would have given Boston-based DraftKings license to operate in 27 countries, a suite of retail gambling outlets in the U.K., and a gambling operations technology platform. “We are highly confident in our ability to maintain a leadership position and achieve our long-term growth plans in the rapidly growing North America market,” said DraftKings CEO Jason Robins. MGM Resorts, which co-owns BetMGM with Entain, complicated the negotiations. The resorts and gambling company said that any deal between DraftKings and Entain would require its approval. MGM bid $11 billion for Entain in January, which Entain rejected as being too low. Traders liked DraftKings’ decision: Its stock price jumped 6.9% from close of market Monday to mid-morning Tuesday, before partially giving back those gains. Entain dropped around 6.4%.

Kansas City NWSL/Design: Alex Brooks Kansas City will be home to the first stadium built specifically for an NWSL team. Days after the city hosted representatives from FIFA and U.S. Soccer for its 2026 World Cup bid,…

LAGOS —
Nigeria on Monday became the first African nation to launch a digital currency – the eNaira – a move its leaders said will expand access to banking, enable more remittances and even grow the economy by billions of dollars.

Africa’s most populous nation joins the Bahamas, the first to launch a general purpose central bank digital currency, known as the Sand Dollar, in October. China has ongoing trials and Switzerland and the Bank of France have announced Europe’s first cross-border experiment.

But experts and cryptocurrency users in the continent’s biggest economy say the fact that there are more questions than answers regarding the eNaira – and a large amount of worry over the consistency of Central Bank (CBN) rules – means the government faces a tough path to make the eNaira a success.

Central Bank Governor Godwin Emefiele said during Monday’s launch that there had been “overwhelming interest and encouraging response,” adding that 33 banks, 2,000 customers and 120 merchants had already registered successfully with the platform, which is available via an app on Apple and Android.

Some 200 million nairas’ worth of eNaira, which will maintain parity with the traditional currency, has been issued to financial institutions, he said. President Muhammadu Buhari said use of the currency could grow the economy by US$29 billion over ten years, enable direct government welfare payments and even increase the tax base.

Nigeria’s young, tech-savvy population has eagerly adopted digital currencies. Cryptocurrency use has grown quickly despite a Central Bank ban in February on banks and financial institutions dealing in or facilitating transactions in them.

Nigeria ranked seventh in the 2021 Global Crypto Adoption Index compiled by research firm Chainalysis. Official digital currencies, unlike crytocurrencies such as bitcoin, are backed and controlled by the central bank.

But some of what drove Nigeria’s enthusiastic adoption of…

Crypto day trading has become a popular form of trading seeing that traders are able to take advantage of daily price fluctuations to make a profit. One benefit of trading crypto is that you can do it whenever you like regardless of time or day. These trading strategies consist of the same structures that have been used across financial markets. Seeing that close to 40% of day traders only trade for one month due to failure, individuals interested in day trading would need to know which strategies are best to use when investing.

1. Scalping

Scalping is a strategy used where traders aim to make profits off of small price moves across small time periods. Examples of these are gaps in the bid-ask spread of the market, or gaps in liquidity. To profit off of the price fluctuations, these traders trade by using leverage, such as margin or futures contracts, in order to increase their profits. This strategy works both ways, where it may work against traders by increasing their losses. To avoid this, these traders may use volume heatmaps, order book analysis, or technical indicators. 

Traders which use the scalping strategy should use the services of DayTradingTrainer.com. This website offers a service which provides trading signals for the top 50 cryptocurrencies. A private algorithm and indicator produces the trading signals, which are highly accurate and are continuously released. These signals are perfect for scalp traders as they are able to be released every five minutes. According to Cody Rose, the founder of DayTradingTrainer.com, the website aims to “educate the public and provide professional guidance”. 

2. Technical Analysis             

This strategy uses mathematical indicators and chart patterns when predicting the price fluctuations. Technical indicators are generated by computer programs, but some are generated by people analyzing the latest charts. These indicators assist traders in avoiding day trading at price points which are…

Hyderabad: Turkey has released the photos of the 15 alleged Mossad (Israeli) spies caught by its intelligence agency, in an operation earlier this month. The operation had reportedly successfully cracked a Mossad spy ring, exposed five cells and arrested 15 men suspected of conducting covert activities on foreign students and Palestinians.

The National Intelligence Organization or the Millî İstihbarat Teşkilatı (MIT) of Turkey reportedly shared the information with counter-terrorism forces after tracking the network for over a year. A 200-strong team raided the cells in a secret operation across four provinces on October 7, Sabah daily newspaper reported.

Moreover, the Turkish newspaper reported that the arrested men had been instructed to gather information on foreign students, particularly Palestinians who could potentially have a career in the defense industry, enrolled in Turkish universities. The spies were also allegedly tasked with looking into a number of other unspecified associations and organizations that hosted Palestinians in Turkey.

Media reports claimed that the network used this information to put together profiles on individuals, which was then relayed to Mossad officials through an end-to-end encryption program that generates fake phone numbers. They also reportedly communicated through WhatsApp.

Furthermore, in return for the reports, the 15 Mossad agents reportedly received payment transfers through Western Union and Moneygram, and in some cases were compensated in Bitcoin. The agents reportedly also used a courier system to transfer funds, uring jewelry stores and markets as hubs, according to the Daily Sabah.

More information is expected to come as MIT’s expert teams continue their interrogations of the spies. The spies are of Arab descent RT.com reported.