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Nalezeno "Crisis": 855

Bitcoin Price Prediction: Navigating Moody's Rating Cut and Banking Crisis


The BTC/USD pair is currently experiencing a decline of nearly 0.50%, trading at $29,597 as it braces for the impact of the upcoming US Consumer Price Index (CPI) release.  Amidst this market backdrop, Bitcoin continues to demonstrate its resilience despite challenges such as Moody's rating...

SEC Chair Warns AI Poised to Drive Future Financial Crises


U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that artificial intelligence (AI) technology will be at the center of future financial crises. The securities regulator has put out a specific proposal to address some of the issues that could be embedded in AI models....

Economist Peter Schiff Warns US Dollar Collapse ‘Inevitable’


Economist Peter Schiff has warned of an impending collapse of the U.S. dollar even though he sees Fitch’s downgrade of the U.S. rating this week as “meaningless.” While cautioning about a financial crisis and a crash, Schiff emphasized: “Given the trajectory of U.S....

FTX Seeks to Exclude Dubai Subsidiary From Ongoing Bankruptcy


FTX Trading Ltd. filed a motion on Tuesday to dismiss its Dubai-based subsidiary, FTX Exchange FZE, from ongoing bankruptcy proceedings, citing the unit’s lack of operations and assets. Dubai’s FTX Exchange Faces Voluntary Liquidation After Motion to Dismiss From Parent Company In...

GameStop’s Faithful Stock Fans Are Finally Having A Crisis


NFTs and the blockchain were supposed to take GameStop to the moon. Now the flagging video game retailer is dropping support for its crypto wallet as the Securities and Exchange Commission threatens to crackdown on the burgeoning nexus of finance, tech, and online gambling. It’s the latest...

KPMG’s report on Bitcoin: Real-life crisis solutions


KPMG has published a report on Bitcoin, highlighting the ways in which it can actually contribute to the traditional ecosystem. The report comes at a time when the entire crypto market is going through turbulence. As for BTC, it is way below the expected mark of $30k. The token is currently trading...

Another US Bank Collapses: Heartland Tri-State Bank Closed by Regulator


Heartland Tri-State Bank has become the latest bank in the U.S. to fail. The Kansas banking regulator closed the bank and appointed the Federal Deposit Insurance Corporation (FDIC) as the receiver on Friday. Regulator Shuts Down Heartland Tri-State Bank A regional bank in the U.S., Heartland...

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