Eurozone's economy signals recovery as composite PMI rises to 53.1 from 52; manufacturing remains steady at 52.7, while services PMI increases to 53 from 51.6.
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The Organisation for Economic Co-operation and Development (OECD) has projected global GDP growth of 2.9 per cent in 2026, rising slightly to three per cent in 2027. Chinaβs economy is expected to expand by 4.5 per cent next year and 4.2 per cent in 2027. In the Eurozone, GDP is forecast to grow by one per cent annually for the next two years. The United Statesβ economy is anticipated to increase by 2.2 per cent in 2026 and 2.1 per cent in 2027. Indiaβs GDP forecast has been revised upward to 7.1 per cent for 2026. The United Kingdomβs economy is projected to grow by 1.1 per cent in 2026 and one per cent in 2027.
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The OECD projects that the Bank of Japan will increase its key interest rate to 2% by the end of 2027. Meanwhile, the Bank of England is expected to keep rates largely unchanged through 2027, with a possibility of a rate cut as the next move. The organization also forecasts that the Federal Reserve and the European Central Bank will implement one more rate hike this year before maintaining steady rates until 2027.
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OECD updates forecast highlight key developments in the global economy, inflation trends, and monetary policy strategies. For further details, see the OECD Economic Outlook Interim Report.
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OECD warns that expectations for AI investments may not be met. Planned capital expenditures by major technology and cloud computing firms continue to rise rapidly. Current investment plans anticipate substantial future profits, especially for semiconductor manufacturers. More details are available in the OECD's interim economic outlook report.
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BingX Crypto & Financial News
Federal Reserve Summary: - The rate decision was made unanimously - Many anticipate at least one additional rate cut in the future - Inflation remains elevated - Economic activity continues to expand
Federal Reserve officials Anna Paulson and John Williams suggest that another interest rate hike could be necessary as inflation remains above the target level.
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The U.S. Senate rejected a resolution aimed at ending military participation against Iran.
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The Bank of Russia has approved new guidelines permitting digital depositories, cryptocurrency exchanges, and information system operators to participate in the Russian crypto market. Minimum capital requirements include 15 million rubles for cryptocurrency exchanges and between 50 million to 250 million rubles for digital depositories, depending on the activity. Cryptocurrency exchanges can operate without Central Bank registration until July 1, 2027.
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Twitter reports potential breach at Bitget involving over $100 million; no confirmation provided.
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BingX Crypto & Financial News
Twitter reports potential breach at Bitget involving over $100 million; no confirmation provided.
Three hot wallets and one cold wallet have reportedly been compromised, resulting in over $170 million worth of assets being withdrawn and converted to ETH. The activity has been traced to the address 0x770b10b273fC44Fe9197D6bF20F145c2e98463Ee. The remaining wallets continue to hold approximately $530 million in assets.
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Todayβs Summary and Tomorrowβs Events: https://t.me/bingx1/2147483647
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Bitget Exchange has issued a notice regarding a listing on Upbit. Further details are available at upbit.com.
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BingX Crypto & Financial News
Three hot wallets and one cold wallet have reportedly been compromised, resulting in over $170 million worth of assets being withdrawn and converted to ETH. The activity has been traced to the address 0x770b10b273fC44Fe9197D6bF20F145c2e98463Ee. The remainingβ¦
Bitget has confirmed a security breach resulting in the loss of approximately $351 million, prompting the platform to suspend withdrawals. The company's CEO suggested North Korea may be behind the attack, citing IP address data as potential evidence. cointelegraph, cointelegraph
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BingX Crypto & Financial News
Three hot wallets and one cold wallet have reportedly been compromised, resulting in over $170 million worth of assets being withdrawn and converted to ETH. The activity has been traced to the address 0x770b10b273fC44Fe9197D6bF20F145c2e98463Ee. The remainingβ¦
Bitget has confirmed a security breach involving approximately $351 million in a fund leak and has suspended withdrawals. The company's CEO has suggested North Korea may be behind the attack, citing IP address data linking the incident to the regime.
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Sharplink projects that by 2035, AI agents will generate $4 trillion in commissions.
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BingX Crypto & Financial News
Whales continue to accumulate UNI, with a new wallet buying 269,477 tokens for $2.84 million. Additionally, an entity named Keith acquired another 138,442 UNI for approximately $1.23 million. Since yesterday, UNI has surged by 25%, reaching top purchase statusβ¦
Santiment reports that trading volume of UNI tokens on exchanges increased by 6.3 million units between September 17 and September 23, totaling approximately $58 million as of September 23. The largest inflows were recorded on September 22 and 23. On September 23, the token's price declined roughly 10%. The exchange supply is currently 0.2% below the 60-day peak reached on August 30.
Earlier: UNI price surge and whale activity.
Earlier: UNI price surge and whale activity.
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BingX Crypto & Financial News
Whales continue to accumulate UNI, with a new wallet buying 269,477 tokens for $2.84 million. Additionally, an entity named Keith acquired another 138,442 UNI for approximately $1.23 million. Since yesterday, UNI has surged by 25%, reaching top purchase statusβ¦
Santiment reports that trading volume of #UNI tokens on exchanges increased by 6.3 million units between September 17 and September 23, totaling roughly $58 million as of September 23. The highest inflows occurred on September 22 and 23. On September 23, the tokenβs price declined approximately 10%. The exchange supply is currently 0.2% below its 60-day peak reached on August 30.
Earlier: #UNI price surge and whale activity.
Earlier: #UNI price surge and whale activity.
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Brazil to require reporting of virtual asset transfers exceeding $10,000 to or from self-custody wallets starting October 1st, according to Wublockchain.
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