Topline U.S. Treasury Secretary Janet Yellen expressed confidence the U.S. can avoid a recession after adding more than 500,000 jobs in January that brought unemployment to a 54-year low, –despite a r...
Tag: Downplays
Huobi confirms 20% lay-offs as Justin Sun downplays latest FUD
Cryptocurrency exchange Huobi has confirmed planned layoffs at the company as part of the measures being taken to navigate the tough market conditions. The news comes as the native Huobi Token (HT/USD...
Google Downplays Microsoft Cloud Potential Versus Wall Street; Analyst Disagrees
Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google has for years struggled to improve its position in the cloud market versus leaders like Amazon.com Inc (NASDAQ: AMZN) and Microsoft Corp (NASDAQ: MSF...
Silbert downplays liquidity crisis, expects $800M revenue in 2022 for DCG
Following rumors of potential contagion from FTX, Digital Currency Group (DCG) CEO Barry Silbert sent shareholders a memo on Nov. 22 addressing the situation surrounding Genesis’ liquidity. A potentia...
Newly Elected US House Whip Emmer Downplays FTX Meltdown, Cheers Crypto
Crypto advocates in Washington routinely maintain that crypto policy is a non-partisan issue that can move forward even in a divided Congress. However, this week’s rhetoric from Democrats such as Sen....
China’s Xi downplays need for rapid growth, praises Covid achievements
China’s President Xi Jinping kicks off the ruling party’s 20th National Congress — held once every five years — with an opening speech at the Great Hall of the People in Beijing on Oct. 16...
IBM’s former CEO downplays the importance of a college degree for six-figure earning ‘new collar’ jobs that now make up half of its workers
A four-year bachelor’s degree has long been the first rung to climbing America’s corporate ladder. But the move to prioritize skills over a college education is sweeping through some of America’s larg...
Billionaire Mike Novogratz downplays bullish Bitcoin scenario, says ‘$20-30k’ is comfortable zone
With the cryptocurrency sector still reeling from the aftermath of a major rout that recently engulfed it, one of the market’s most bullish supporters has expressed his thoughts on the future of its l...
Ethereum Co-Founder Vitalik Buterin Downplays Ethereum PoW Fork, Hopes It ‘Doesn’t Lead to People Losing Money’ – Bitcoin News
Ethereum co-founder Vitalik Buterin recently discussed what he thinks about the recent Ethereum proof-of-work (PoW) fork topic that’s been finding its way into a number of conversations within the cry...
Helium founder downplays criticism that it mischaracterized relationships with Lime, Salesforce
Helium founder Amir Haleem has addressed criticism about how the project characterized its relationships with Lime and Salesforce, following news reports that neither company was currently using techn...
Helium Founder Downplays Criticism – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
Amir Haleem tended to analyze that the venture misrepresented associations with Lime and Salesforce by showing their logos on its site Helium, Inc announced it would rebrand as Nova Labs in March Both...
Binance CEO Downplays Tesla’s Bitcoin Snub
Alex Dovbnya Binance CEO Changpeng Zhao says that amount of Bitcoin that Tesla liquidated during second quarter was “drop in the ocean” In a recent tweet, Binance CEO Changpeng Zhao downpl...
EUR/USD Forex Technical Analysis – Lower after Lagarde Downplays Recession, Aggressive Rate Hikes
The Euro is edging lower on Tuesday after European Central Bank (ECB) President Christine Lagarde failed to deliver the hawkish outlook on interest rates that investors were expecting. Earlier in the ...
El Salvador’s Finance minister Downplays Bitcoin Price Fall Risk Associated
47 mins ago | 2 mins read Bitcoin News El Salvador’s government has bought 2,301 units of cryptocurrency in total. An $800 million bond issued by El Salvador is due in January 2023. Alejandro Zelaya, ...
Yellen Downplays Stimulus Contributing to Inflation, Republicans Grill US Treasury Secretary’s Decisions – Economics Bitcoin News
U.S. Treasury secretary Janet Yellen doesn’t think inflationary pressures stem from the stimulus policies enacted after the Covid-19 outbreak. While speaking to lawmakers on Wednesday, during the Hous...
Australian Mayor downplays crypto volatility, recommends it for rates payments
Tom Tate, the Mayor of Gold Coast, Australia, has suggested that cryptocurrency could be used by residents to pay local taxes in future years, though critics have flagged volatility and the recent mar...
FTX Founder Downplays BTC’s Chances as an Efficient Payment Network
The founder of FTX has taken a swipe at Bitcoin (BTC) over its inefficiency in settling transactions and has thrown his weight behind the proof-of-stake (PoS) consensus mechanism. Sam Bankman-Fried, C...
Russia to emerge with full bill of health, downplays sanctions
Russian Foreign Minister Sergei Lavrov gives an annual press conference on Russian diplomacy in 2021, in Moscow on January 14, 2022. Dimitar Dilkoff | Afp | Getty Images Russia’s foreign ministe...
Coinbase CEO Downplays Role of Ad Agency in Super Bowl Commercial
In brief Coinbase CEO Brian Armstrong tweeted that the company’s Super Bowl ad was created by the crypto exchange. An ad agency CEO claims her firm created the concept. Coinbase CMO Kate Rouch s...