Search
New Fed Report Repeats Warning About Stablecoin Run Risks as UST Loses Peg
9.5.2022
The U.S. government again named stablecoins as a potential threat to the stability of the financial system, with both the Federal Reserve and a senior Treasury official saying Monday that the tokens are vulnerable to runs
Monero avoids crypto market rout, but XMR price still risks 20% drop by June
9.5.2022
XMR's bearish setup comes as Monero prepares to launch the testnet version of its hard fork this month
LUNA drops 20% in a day as whale dumps Terra's UST stablecoin — selloff risks ahead?
8.5.2022
Excessive Terra supply coupled with UST supply contraction coincides with LUNA's price decline
Central Bank of Argentina Bans Private Banks From Offering Cryptocurrency Services
7.5.2022
The Central Bank of Argentina has taken steps to ban private banks from offering cryptocurrency services to customers in the country. The action comes after two banks had started offering cryptocurrency purchasing services from their apps. The measure is said to be directed at mitigating risks...
Senator Elizabeth Warren Demands Answers From Fidelity for Allowing Bitcoin in Retirement Plans
7.5.2022
Two U.S. senators, including Elizabeth Warren, have sent a letter to Fidelity Investments demanding answers regarding the company’s decision to allow bitcoin investments in 401(k) retirement plans. “Investing in cryptocurrencies is a risky and speculative gamble, and we are concerned...
Report: IMF Says Central African Republic’s Bitcoin Adoption Poses Risks
6.5.2022
The International Money Fund (IMF) has added its voice to institutions and parties criticizing the Central African Republic (CAR)’s decision to adopt bitcoin. The IMF insists the adoption poses legal economic challenges not only to the country but to the region as well. CAR’s Bitcoin...
Sen. Warren asks Fidelity to address the risks to put Bitcoin in 401(k)s
5.5.2022
U.S. Senators requested Fidelity to explain how the firm is planning to address the risks of adding Bitcoin into retirement accounts by May 18
Weiss Ratings issues warning over crypto mortgage risks
3.5.2022
Weiss analysts are wary over the usage of volatile crypto assets as collateral for long-term property loans
Ethereum risks 35% drop by June with ETH price confirming ‘ascending triangle’ fakeout
2.5.2022
Nearly $170 million left Ethereum-based investment funds in 2022, signaling a drop in institutional demand
Idaho Warns of Crypto Scams Promising 80% Returns Every 24 Hours
1.5.2022
The finance department of the U.S. state of Idaho has warned investors of a series of cryptocurrency scams promising returns as high as 80% every 24 hours with no risks to investors. Crypto Scams Promising High Returns The Idaho Department of Finance announced Wednesday “a series...
These are the BTC price levels to watch as Bitcoin risks worst April on record
30.4.2022
Bitcoin price action is down 15% this month, while historically, April is supposed to bring gains
Fidelity’s Bitcoin 401(k) Offering Risks Retirement Security of Americans, Says Labor Department Official
30.4.2022
The U.S. Labor Department has “grave concerns” about Fidelity Investments allowing investors to put bitcoin into their 401(k) accounts for retirement savings. An official of the Labor Department said it risks the retirement security of Americans, stressing that...
Report: Cambodia Reaffirms Stance Against Unsanctioned Crypto-Related Activities
28.4.2022
Cambodian authorities have reportedly said that no cryptocurrency company has been issued a business license yet, and that conducting cryptocurrency-related activities in the country is still illegal. Fintech Industry Growing Rapidly The Cambodian government has not greenlighted the issuing or...
Trader flags BTC price levels to watch as Bitcoin still risks $30K 'ultimate bottom'
27.4.2022
A lot rests on the U.S. dollar cooling its bull run and fast, Michaël van de Poppe says, with Bitcoin's upside potential still impressive
Bank of Spain Report Warns About Cryptocurrency Usage and Its Effect on Financial Stability
27.4.2022
The Bank of Spain has issued a new report that touches on the subject of the popularity of cryptocurrency usage and the possible effects it might have on the financial stability of the nation. In the document, the bank explains that these assets — which ostensibly don’t have any kind...
Dogecoin price risks 40% correction despite Elon Musk-Twitter euphoria
26.4.2022
Elon Musk buying Twitter for $44 billion boosts Dogecoin by 25% in the last 24 hours, but selloff risks persist
Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus
25.4.2022
Exmo, a U.K.-based crypto exchange with extensive presence in Eastern Europe, is pulling out of Russia, Belarus and Kazakhstan. The trading platform, Exmo.com, says it’s making the move to avoid jeopardizing its expansion in other regions by operating in high-risk markets like these....
IMF: India Is on the Frontline of Digital Currencies — Especially How It Handles Crypto Risks
24.4.2022
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says India is “a country that is on the frontline of digital currencies,” especially “how it handles a reduction of risk from crypto assets for the Indian people and businesses.” She met with Indian...
Financial Stability Risks Grow as War in Europe Complicates Push to Contain Inflation
23.4.2022
Tobias Adrian is the Financial Counsellor and Director of the International Monetary Fund (IMF)’s Monetary and Capital Markets Department.
__________
While no systemic event has materialized, the balance of risks has tilted more firmly to the downside....
Read More: Financial Stability Risks...
Crypto Lender Celsius Says Its CEL Token Faces ‘Regulatory Risks’
22.4.2022
Lost keys, stolen coins, failing chains – and now regulation – could impact CEL, a Celsius Network disclosure form said