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Bitcoin Rebounds Above $27K as Investors Weigh Debt Ceiling Debate, Liquidity Concerns
15.5.2023
Investors have been eyeing particularly low liquidity in crypto trading as market makers turn cautious
US Crypto Firms Migrate to Bermuda Amid Regulatory Concerns
15.5.2023
Crypto companies are increasingly turning away from the US in search of clear digital asset regulations, and some of the major companies are finding a home in Bermuda. Still, some experts warn that this may be a short-term solution as the issues in the land of the free are not getting...
LBRY's $22 Million SEC Fine Reduced to $111K Due to Payment Concerns – What's Going On?
15.5.2023
The US Securities and Exchange Commission (SEC) aims to reduce its $22 million punishment against decentralized content platform LBRY to around $111,000.
The commission submitted a request for amendments to the New Hampshire District Court on Friday, claiming that the platform is not likely to...
G7 Nations Discuss Countering China’s ‘Economic Coercion’
14.5.2023
The Group of Seven (G7) countries are discussing ways to counter China’s “economic coercion” against other nations, U.S. Treasury Secretary Janet Yellen has shared. Noting that Canada, France, Germany, Italy, Japan, the U.K., and the European Union share similar concerns,...
Binance.US Contemplates Lowering Founder Changpeng Zhao’s Stake Amid Regulatory Concerns
12.5.2023
Binance’s US-regulated branch Binance.US is reportedly seeking ways to reduce Binance founder Changpeng Zhao’s stake in the company due to concerns over a regulatory crackdown on Zhao’s international business empire.
To reduce the perceived regulatory risk in the US, Changpeng Zhao, better known...
Dave Ramsey Dismisses De-Dollarization Concerns — Says BRICS Currency, Chinese Yuan Can’t Take Down US Dollar
10.5.2023
Personal finance expert and best-selling author Dave Ramsey has dismissed de-dollarization concerns and the prospects of a BRICS currency, the Chinese yuan, or the Russian ruble displacing the U.S. dollar in international trade. “They don’t have the muscle to take down the dollar,”...
Crypto market stable despite concerns about rising inflation rates and banking sector turmoil
9.5.2023
Bitcoin’s rally to over $25k in recent weeks and finally to 30k is a significant sign that a bull run might not be so far away. The news has added a layer of confidence in investor attitudes even as the banking sector faces a crisis. Numerous assessments in the financial markets have poked...
Bitcoin Price Prediction: Nearly 3% Drop Raises Concerns of Additional Downtrend
8.5.2023
With the recent dip in Bitcoin prices, there are concerns among investors about a further downtrend. The popular cryptocurrency saw a nearly 3% drop, leading some to believe that the market is entering a bearish phase.
This latest development has left many wondering about the future of Bitcoin...
Fed Reveals 722 Banks Reported Unrealized Losses Over 50% of Capital as Concerns Over US Banking Crisis Grow
7.5.2023
The U.S. Federal Reserve has revealed that 722 banks reported unrealized losses exceeding 50% of their capital at the end of the third quarter of 2022. “Rising interest rates are creating significant unrealized losses in investment securities and in some cases depressing tangible equity,” according...
NFT Lending Platform Blend Sparks Concerns Over Ecosystem Liquidity
5.5.2023
Blend, the name of NFT marketplace Blur’s new lending platform, allows traders to lease NFTs to bolster liquidity. However, concerns have been raised about its impact on broader NFT markets
SUI price drops 70% from market debut top amid excessive supply concerns
5.5.2023
The circulating supply of SUI tokens will grow by nearly 15% by the end of 2023
Binance Addresses Compliance Concerns, Claims Robust Measures in Place to Prevent Terrorism Financing
5.5.2023
Leading cryptocurrency exchange Binance has responded to a Reuters report that raised questions about its compliance policies for preventing and tackling cryptocurrency-based financing of terrorism.
The exchange said it takes the issue very seriously and is not aware of any exchange, or other...
Analysts Warn of More Bank Failures, Possible Recession and Global Repercussions Caused by First Republic Bank Collapse
3.5.2023
The recent takeover of First Republic Bank, the fourth U.S. bank to fail this year, has awakened concerns about the possible repercussions this new failure might have on U.S. and international economies. While United States President Joe Biden has assured the public that the banking system remains...
Paysenger Launches IDO as the Platform Looks to Solve the Challenges of AI-Generated Art
1.5.2023
PRESS RELEASE. The rise of AI-generated art has created ethical concerns and challenges within the art community, as many artists perceive these tools as undermining their skills and exploiting their work for profit. Paysenger, a groundbreaking blockchain-based collaboration platform for content...
Charlie Munger Raises Concerns Over Troubled Commercial Property Loans at US Banks
1.5.2023
Charlie Munger, the vice chairman of Berkshire Hathaway, stated in a recent interview that American banks are burdened with poor-quality commercial real estate loans. His comments arrive amid the collapse of three major U.S. banks and the expected seizure of First Republic Bank by the federal...
Bitcoin, Ethereum Technical Analysis: BTC Moves Back Above $29,000, After Customers Withdraw $100 Billion From First Republic Bank
26.4.2023
Bitcoin was back above $29,000 on Wednesday, as markets continued to react to concerns over First Republic Bank. It was reported that customers withdrew around $100 billion in deposits from First Republic in March. Ethereum was also higher on the news, climbing back above $1,900. Bitcoin Bitcoin...
Bitcoin Drops to $27.3K, Ether Edges Toward $1.8K Amid Investors' Interest Rate Concerns
24.4.2023
BTC’s recent price drop can be interpreted as “a period of consolidation and a healthy correction after an explosive move upwards past $30,000 over the last several months,” one analyst says
Trezor Enables Coinjoin for Trezor T Model to Bolster a ‘New Era of Privacy’
20.4.2023
According to Trezor, the crypto hardware wallet manufacturer, owners of the Trezor T model can now use a Coinjoin feature to preserve their privacy. Trezor had announced the Coinjoin feature’s impending arrival on the hardware wallet seven months ago, and the feature went live on April...
Taylor Swift Rejected Crypto Exchange FTX’s Sponsorship Offer Over Unregistered Securities Concerns
20.4.2023
Taylor Swift, a pop icon and 12-time Grammy Award winner, reportedly turned down a $100 million sponsorship offer from the now-bankrupt cryptocurrency exchange FTX due to concerns about unregistered securities. A number of FTX celebrity endorsers are currently facing a class action lawsuit...
Growing Links Between Middle East, Russia, China Pose Huge Challenge for US, Warns Former Treasury Secretary
17.4.2023
Former Treasury Secretary Lawrence Summers has expressed concerns that a rising number of countries, including China, Russia, and the Middle East, are aligning themselves and gaining global influence. “I think [it] is a huge challenge for the United States,” he cautioned. Larry Summers on Countries...