Bitwise analyst forecasts rapid $1 billion growth for XRP ETF

Matt Hougan, chief investment officer at Bitwise, predicts that an XRP exchange-traded fund will easily reach $1 billion in assets within its first few months. He attributes this to the passionate 'XRP Army' community, despite bearish views from crypto insiders. Currently, about 20 XRP ETF filings are pending with the US Securities and Exchange Commission.

Reasons the US dollar stays below $4,000 pesos in Colombia

29 अक्टूबर 2025 Carlos Ramírez

The US dollar has completed eight weeks without exceeding $4,000 pesos in Colombia, driven by global and local factors like the Federal Reserve's rate cut and increased dollar inflows. Analysts point to the DXY index's weakness and government operations strengthening the peso. This stability benefits imports and travel to the United States.

Bmv hits new record after fed decision

29 अक्टूबर 2025 Juan Pérez

The Mexican Stock Exchange (BMV) hit a new all-time high above 63,000 points, driven by a 0.89 percent gain. Wall Street showed mixed results after the Federal Reserve's rate cut, with the Nasdaq reaching a new record. The Mexican peso depreciated slightly amid expectations of pauses in future cuts.

Financial advice complaints rise 45% amid funeral policy issues

Complaints to South Africa's Financial Advisory and Intermediary Services Ombud surged 45% in 2024/25, reaching 15,404 cases, with long-term insurance like funeral policies dominating. The office awarded R31.748-million in compensation while improving case resolution times. Advocate John Simpson highlighted growing consumer awareness as a key driver.

Cbe governor attends future leaders graduation at ebi

Hassan Abdalla, governor of the Central Bank of Egypt and chairperson of the Egyptian Banking Institute, attended the graduation ceremony for four new cohorts of the Future Leaders programme at the EBI. The event included deputy governors and board members, marking the graduation of 93 young banking professionals. Abdalla expressed pride in the programme, launched three decades ago to nurture sector talent.

Hajj costs for 2026 lowered without reducing service quality

29 अक्टूबर 2025 Raj Patel

Indonesia's House Commission VIII and the Ministry of Hajj and Umrah have set the hajj service cost for 2026 at Rp87.4 million per pilgrim, down about Rp2 million from the previous year. This reduction does not compromise service quality for pilgrims. Pilgrims pay Rp54.2 million directly, with the rest covered by hajj fund management.