Why bvnk Is Trending Today?

Bank of England Governor Andrew Bailey warns of potential recession due to cost of living crisis and Brexit uncertainty. He suggests that the bank may need to raise interest rates to combat inflation. Bailey also hints at the possibility of quantitative tightening to reduce the bank's balance sheet.

Coinbase and Mastercard are engaged in talks to acquire the UK-based stablecoin firm BVNK, with the deal potentially valued at $2.5 billion. The acquisition could benefit the best altcoins to buy, as stablecoins play a crucial role in their trading. Coinbase is leading the race, with Mastercard closely following, as both companies aim to expand their presence in the stablecoin market.