Road Town, BVI, 6th March, 2023, Chainwire Global cryptocurrency exchange LBank has welcomed reports that a trifecta of financial organizations are considering a framework for digital asset regulation...
Tag: Echoes
Samsung, Hynix Pain Deepens as Price Collapse Echoes 2008 Crisis
(Bloomberg) — The memory chip industry is going through a historic decline in demand, with two of the worst quarterly drops on record at the end of last year. Most Read from Bloomberg The averag...
Ford’s EV battery deal with China’s CATL echoes industrial history
Ford Mustang Mach-E electric vehicle displayed at the Ford booth during 2021 Auto Shanghai show. Almost exactly a century ago, Sun Yat-sen, the father of modern China, wrote a letter to Henry Ford. He...
LBank CMO Echoes Davos Sentiment That DAOs Are the Future But Require Greater Oversight
Internet City, Dubai, 23rd January, 2023, Chainwire Kaia Wong, CMO of global crypto exchange LBank, has commented on remarks made by global leaders at Davos 2023 concerning the use of DAOs. At the Wor...
LBank CMO Echoes Davos Sentiment That DAOs Are the Future…
Internet City, Dubai, 23rd January, 2023, Chainwire Kaia Wong, CMO of global crypto exchange LBank, has commented on remarks made by global leaders at Davos 2023 concerning the use of DAOs. At the Wor...
“DAOs Are the Future” LBank CMO Echoes Davos 2023
The World Economic Forum Annual Meeting kicked off earlier this Monday, January 16th. The number of crypto business participants at Davos this year saw a drop due to last year’s market slide. Neverth...
BofA’s Subramanian Echoes Yogi Berra’s Advice of Avoiding Crowds
(Bloomberg) — Yogi Berra once said of a restaurant that “no one goes there anymore. It’s too crowded.” Bank of America Corp. strategist Savita Subramanian has a similar warning for stock investo...
DeFi pioneer echoes SBF in call for tighter crypto regulations
Respected former decentralized finance (DeFi) project founder and developer Andre Cronje has resurfaced after a lengthy hiatus to call for tighter regulations on the crypto sector amid the implosion o...
Crypto Echoes Risks of 2008 Financial Crisis, Says US CFTC Commissioner
“Cryptocurrency was supposed to break from the traditional financial system, and all of its fragility and vulnerabilities,” said Goldsmith Romero, who occupies one of the Democratic seats on the five-...
Bitcoin ‘6–8 weeks’ from breakout as Hang Seng echoes Lehman Brothers dip
Bitcoin (BTC) waited for cues at the Oct. 24 Wall Street open as expectations of a breakout ran high. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hang Seng drops most since 2008 Data f...
‘Devil In Ohio’ Dethroned In Netflix’s Top 10 By A New Show
Devil in Ohio Netflix Sometimes these changes in Netflix’s top 10 list are pretty easy to see coming, and with the return of Cobra Kai for season 5, it was clear that it would be unseating whatever wa...
Top economist Larry Summers recommends a way for Biden to forgive trillions in student debt—and it echoes what Sen. Elizabeth Warren says
A day after criticizing any effort by the Biden Administration to forgive student loan debt, former Treasury Secretary Larry Summers has offered an alternative. “I think the best way to relieve studen...
IMF Report Echoes More Uncertainties for Crypto Ahead
Several important events are to take place this week, IMF World Economic Outlook adds on to the list. On 26th July, the International Monetary Fund brings World Economic Outlook Update for July ...
Indian Finance Minister Echoes Central Bank’s Crypto Ban Call but Says Global Collaboration Is Required
The question is among the first crypto-related queries in Parliament after reports that the RBI is responsible for a “shadow ban” on cryptocurrencies after payment processors cut off crypt...
Voyager Digital facing insolvency, echoes of 2008 in crypto markets
2008 echoes The crypto contagion continues to ripple. What we are witnessing in the cryptocurrency markets is similar to what Wall Street banks went through in 2008. That is, overleveraged firms stari...
Yellen Echoes Stablecoin Warning Citing UST Crash
Key Takeaways Treasury Secretary Janet Yellen has once again said that the U.S. needs to regulate the stablecoin market. Yellen noted UST’s recent depeg event in which the stablecoin crashed ami...
Powell’s Plan To Exorcise Inflation Echoes Early 1980s Volcker Crusade
With few exceptions, stocks last week were savaged in the wake of comments made by Federal Reserve Chairman Jerome Powell that all but assured a half-point rate hike at the Federal Open Market Committ...
World Markets Are Falling Again With Echoes of the 2018 Rout
(Bloomberg) — The feel-good days for global markets at the end of March are firmly over. Most Read from Bloomberg Everything from stocks to bonds is falling — even oil has pulled back from...