Visa remains committed to its crypto strategy, a company spokesperson told The Block, despite the hammering digital assets have taken in recent months. “At Visa, we don’t pick winners and ...
Tag: Brakes
Visa and Mastercard Slam Brakes On Crypto Innovation, Putting Partnership Plans On Hold- Report
The regulatory crackdown on the crypto industry by the Securities and Exchange Commission (SEC) has left its negative impact on different sectors of the crypto industry. As the community continues to ...
DeLorean Has Hit the Brakes. Catching Tesla Is Proving Hard for EV Rivals.
When Marty McFly drove into the future in the famous 1980s movie, he made it look easy. For EV start-ups trying to leap ahead in their industry, it’s proving a lot harder. DeLorean, the car company ma...
‘The risk is that we’re going to hit the brakes very, very hard,’ Larry Summers says
“‘The risk is that we’re going to hit the brakes very, very hard.’ ” — Larry Summers Almost a full year of monetary-policy tightening by the Federal Reserve appears to be having little impact on price...
PayPal Slams The Brakes On Altcoin Project, Again –
Join Our Telegram channel to stay up to date on breaking news coverage The increased regulatory scrutiny to improve cryptocurrencies has facilitated PayPal Holdings to slam the brakes on its stablecoi...
Digital Currency Group Hits the Brakes on Dividends in Order to Conserve Liquidity
Digital Currency Group claims that it is aiming to rebuild its balance sheet by cutting operational costs and conserving liquidity. Barry Silbert founded DCG in 2015. Digital Currency Group (DCG), a v...
Pundit Predicts Strong Recovery For Bitcoin As The Fed Pumps Brakes On The Dollar
Clem Chambers, CEO of Online Blockchain Plc, said in a statement to Stansberry Research on Monday that the recent decline in cryptocurrencies, forex, equities, and commodities was primarily due to a s...
Travel Plays Fly On Hong Kong & Macau Reopening, PBOC Pumps Brakes On CNY Depreciation
China Last Night KraneShares Key News Asian equities were off with an emphasis on growth stocks except for Hong Kong, as internet stocks outperformed. Hong Kong finally saw some positive catalysts as ...
Pundit Predicts Strong Recovery For Bitcoin As The Fed Pumps Brakes On The Dollar ⋆ ZyCrypto
Advertisement     After plummeting for nearly a year, Bitcoin could soon find a bottom as the Fed turns its attention to suppressing the dollar’s ascent. Speaking to S...
Singapore Hits the Brakes on Crypto Ads at F1 Grand Prix
Crypto.com has paid millions to sponsor Formula One. When the event comes to Singapore later this month, that could mean a lot of empty space. The company has been part of a drive by cryptocurrency fi...
Polkadot (DOT) Hits The Brakes At $7.34 After Brief Recovery
Polkadot (DOT) price shows that the coin has finally latched on to its support zone. Polkadot price analysis looks extremely bearish DOT/USD resistance at $7.79 DOT/USD support...
Federal Reserve governor pumps the brakes on US CBDC in favor of FedNow
A leader at the Federal Reserve is pumping the brakes on speculation surrounding crypto engagement from the regulator. In an August 17 speech, Federal Reserve Governor Michelle Bowman took issue with ...
US CPI eases substantially to 8.5% but the Fed yet to “hit the brakes”
US consumers received a welcome break from the meteoric rise in prices with the July CPI ‘easing’ more than anticipated to 8.5% Y-o-Y. The figure moderated from 9.1% in June owing to a fal...
Israel puts the brakes on cash to spur digital payments
Authorities in Israel on Monday has in put in place further restrictions on cash payments as a means to combat illegal activity and spur digital payments in the country. Since January 2019, Israeli b...
Ethereum Price Analysis: ETH brakes its 70-weeks support and reached under $1K
Ethereum’s price broke the 70-week low along with the conceptual round level of $1000 and is seen trading below $1K. At the time of writing, bulls are holding ETH prices above $1K as an important supp...
Coinbase pumped the brakes on hiring as Wall Street’s love affair cooled
“I just got an email today saying my offer had been rescinded … due to a massive hiring plan change at Coinbase.” That’s Ashutosh Ukey, who is among the tech industry workers w...
All of tech companies hitting the brakes on hiring
While the latest jobs report shows a robust labor market, a glance at the the tech and startup industry is telling a different story. Over the last few months, a number of technology companies or vent...
VW recalls 246,000 Atlas SUVs due to issue with airbags, brakes
Volkswagen recalled 246,000 Atlas and Atlas Cross Sport SUVs in the U.S. and Canada because of a wiring issue that could cause problems with the airbags, windows and brakes of the cars. Damage to the ...
Tesla Hits the Brakes on Its New Big Thing
Elon Musk made a particular product the star of Tesla’s (TSLA) – Get Tesla Inc Report earnings conference call at the end of January. He was full of praise for the impact this product wo...
Putin pumps the brakes on Russian Central Bank’s push to ban crypto, sees future in mining
advertisement Russian President Vladimir Putin is not totally on board with the Central Bank of Russia’s recent call to ban cryptocurrency in the country. In a January 26 video conference, Puti...
Crypto stock plunge could pump the brakes on a busy deals market
“Being a public company seems like a total blast.” Barry Silbert, chief executive of crypto power-house DCG, was of course sarcastic in his January 21 tweet; it’s been a brutal perio...