According to recent research, the Bitcoin (BTC) market is on a downward trend. BTC price ranges between $22,458.26 and $23,229.80 on the last day. Bearish momentum is gaining, based on indicators. The...
Tag: adverse
30% Crypto Tax Imposition Had Adverse Impact
Union Budget 2023: A unique gem in the Indian fintech landscape is cryptocurrency. India has rarely been successful in creating and growing local companies and cutting-edge technological solutions in ...
World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’ – Economics Bitcoin News
On Jan. 10, 2023, the World Bank published its Global Economic Prospects report, stating that the outlook for the global economy and future economic conditions is bleak. According to the report, 2023 ...
SuperRare Reducing Its Staff by 30% Due to Adverse Market Conditions
SuperRare is not the only company in the industry reducing its staff. In 2022, a number of industry players cut their workforce due to crypto winter conditions. As of January 5, 2023, as many as 26,96...
Jefferies analyst favors energy stocks amidst adverse investing conditions
The energy sector can heat up in an instant and push through resistance lines equally as fast as high-growth tech stocks can. This was evidenced year-to-date (YTD) as an energy crisis in Europe and ac...
Ripple vs SEC: Legal Expert Warns Adverse Ruling in Lawsuit Would Be Catastrophic for Crypto Industry
A legal expert warns an unfavorable ruling in the U.S. Securities and Exchange Commission (SEC) lawsuit against Ripple would be bad for crypto. Deaton Law Firm managing partner John E. Deaton says the...
MakerDAO Pauses DAI Deposits, Cites Adverse Market Conditions
MakerDAO, one of the oldest DAOs, has suspended its DAI stablecoin from being minted and deposited into Aave’s lending platform. MakerDAO’s suspension came as crypto lender Celsius borrowed 100 millio...
CBDCs have adverse consequences for the financial system: Former BOJ Official
Hiromi Yamaoka, an ex-official from the Bank of Japan, urges the institution to not go with the idea of Digital Yen. Japanese Households might spend more if the Digital Yen becomes a mode of set...