Bitcoin and similar digital currencies are so new, that there’s no specific federal law governing them Crypto investors and startups have been in a state of suspense for a couple of years Thursday’s r...
Tag: Faces
Major League Baseball’s Antitrust Exemption Once Again Faces Scrutiny On Capitol Hill
Then baseball commissioner Bud Selig (l.) and former Minnesota Gov. Jesse Ventura prior to the start … [+] of a 2001 House Judiciary Committee hearing on MLB’s antitrust exemption. CQ-Roll...
Ethereum Faces Crash to $600 as Crypto Bear Persists
Key Takeaways Ethereum has retraced by more than 20% over the past four days. Meanwhile, nearly 193,000 Ethereum has been sent to crypto exchanges. Further selling pressure could trigger a correction...
Drugmaker Endo Faces Bond Decision as Creditors Mull Bankruptcy
(Bloomberg) — Endo International Plc, the latest drugmaker impaired by opioid lawsuits, must decide whether to skip more than $90 million in interest payments as it contemplates a potential bank...
Sell AT&T as it faces challenges in growing revenues and earnings
AT&T Inc (NYSE:T) has been trending. The stock is trading at $20.98. The 52-week high is $22.15, while the low is $16.62. Investors are interested in knowing whether the stock could rebound strong...
Bitcoin Price Analysis: BTC Faces Uphill Task Near $21K
Bitcoin price started a fresh decline below the $22,000 zone against the US Dollar. The price is now trading below $21,000 and the 55 simple moving average (4-hours). There is a major bearish trend li...
Compass Mining CEO And CFO Abruptly Resign, Company Faces Business Struggles
Compass Mining, a Bitcoin mining hosting and brokerage services firm based in Delaware, US, announced on Tuesday that its CEO, Mr. Whit Gibbs, and CFO, Mr. Jodie Fisher, have resigned effective immedi...
French Regulator Faces Backlash Over Binance Approval; Here’s Why
In May, Binance, the world’s largest cryptocurrency exchange received a green flag from the French regulator. However, the watchdog’s this move is now facing heavy backlash from the European lawmaker....
Ripple Faces Rejection at $0.38 as It Risks Further Decline below $0.34
Jun 28, 2022 at 11:11 // Price Ripple (XRP) has declined over the past three days after rejecting the high at $0.38. The decline has reached a low above the 21-day line SMA. The bears have this advant...
Russian Industry Faces Code Crisis as Critical Software Pulled
(Bloomberg) — Russia’s reliance on foreign software to run its factories, farms and oil fields is turning into one of the biggest headaches for domestic industry as more IT providers pull out of...
Billionaire Hui Ka Yan’s Evergrande Faces First Winding-Up Lawsuit In Restructuring Process
Hui Ka Yan, chairman of China Evergrande Group.(Photo by Paul Yeung/Bloomberg) © 2019 Bloomberg Finance LP Billionaire Hui Ka Yan’s embattled China Evergrande Group has been hit with its first known w...
It’s a Curve-y road to recovery as CRV faces these market effects
Over the last few months, most DeFi protocols have struggled with “extreme market conditions” occasioned by the downturn of the general cryptocurrency market. Still reeling under the effect of this bl...
Cardano Faces Strong Consolidation; Will ADA Reach $0.77?
Wondering about the factors that can push ADA prices to shoot through the roof? A new upgrade known as the Vasil Hard Fork shall improve the network’s scalability and performance. It will be the next ...
Uncollateralized lending faces Crypto Winter: Some fare better than others
The ripple effects of Celsius, Babel Finance, and 3AC’s liquidity crisis continue to shake up DeFi. Maple Finance announces they are halting withdrawals, while TrueFi, in a show of strength and stabil...
Dogecoin Rebounds above $0.05 but Faces Rejection at $0.07
Jun 26, 2022 at 09:28 // Price The price of Dogecoin (DOGE) has broken the 21-day line SMA, signalling the resumption of an upward movement. Dogecoin will come out of the downward correction if buyers...
Bitcoin Price Prediction for Today, June 23: BTC Faces Fluctuations
Bitcoin Price Prediction – June 23It has now been over a couple of sessions that the BTC/USD market faces fluctuations at $20,000, running into a week. The trade price, as of writing, is trading at $2...
Polkadot Faces Restrictions below $8, and May Further Decline
Jun 25, 2022 at 10:43 // Price The price of Polkadot (DOT) is in a downtrend, but buyers are trying to break the 21-day line SMA. Today, the cryptocurrency is trading at $8.12, but it is restricted by...
Wall Street Faces Billion-Dollar Losses on Sinking Buyout Debt
(Bloomberg) — Investment bankers in the US and Europe are bracing for potentially billions of dollars in total losses on big-ticket leveraged buyouts as they struggle to offload risky corporate ...
KuCoin Fails to Comply With Ontario Regulator OSC, Faces Ban
6 hours ago | 2 mins read Exchange News Both Bybit and KuCoin, were found to violate securities laws. Charges of USD 2,000,000 and $96.5K have also been filed against KuCoin. KuCoin has been permanent...
As Tether Faces Billions in Redemptions, Circle’s USDC Is Gaining Ground
During a Crypto Winter, investors tend to stash a portion of their bull market gains in stablecoins to wait out the downturn. But over the past two months—through Terra’s UST stablecoin collapse...
SoftBank’s Son Faces Shareholders Shaken by $34 Billion Loss
(Bloomberg) — SoftBank Group Corp. founder Masayoshi Son is used to praise and encouragement from shareholders. But the company’s loss of $34 billion in market value over the last year is a test...
Nikola founder Trevor Milton faces new federal fraud charge tied to ranch purchase
CEO and founder of U.S. Nikola, Trevor Milton speaks during presentation of its new full-electric and hydrogen fuel-cell battery trucks in partnership with CNH Industrial, at an event in Turin, Italy ...
Ripple price analysis: XRP faces yet another rejection at $0.35 as bearish momentum gathers
Ripple price analysis shows bearish signs once again after yesterday’s uptrend was cut short. XRP faced yet another rejection below the $0.35 mark, failing to consolidate after setting bottom at...
Huobi’s Former Manager Faces Lawsuit for Illegal Trading
Chen Boliang, a former senior manager at crypto exchange Huobi, has been sued for conducting illicit trading, the Financial Times (FT) reported on Wednesday. Huobi’s Former Manager Sued for Illegal Tr...
Maple Finance Faces Liquidity Crunch From Babel Contagion
Crypto lender Maple Finance is also facing liquidity issues amid the ongoing liquidity crisis in the crypto market. Maple Finance on Wednesday revealed that Babel Finance has a loan of $10 million in ...
BTC Price Recovers but Faces Rejection at 22K
Bitcoin Bull Buys the Dips but Faces Rejection at 22K– June 21, 2022 On June 18, Bitcoin lost the $20,000 psychological price level as it faces rejection at 22K. On June 19, the bulls bought the dips ...
Bitcoin Price Analysis: BTC Faces Hurdles Above $22K
Bitcoin price started a fresh decline from the $23,000 resistance against the US Dollar. The price is now trading below $22,000 and the 55 simple moving average (4-hours). There is a major bearish tre...
Bitcoin (BTC) Faces Resistance at 200-Week Moving Average, Further Downside Possible?
After a brutal crash last weekend, the Bitcoin (BTC) price bounced back surging past $20,000. On Tuesday, as BTC attempted to march forward above $21,500, it faced resistance and has retraced since. A...
Solend Faces Backlash For a Not-so-DeFi Move
Solend, the DeFi lending platform on Solana has been facing critical reviews from the entire cryptocurrency community for its actions to protect its platform. Announcements from the project have been ...
Tesla Faces New Lawsuit from Former Employees Over Mass Layoff Ethics
Ex-Tesla employees have served a class-action lawsuit against the company for carelessly handling its recent staff downsizing process. A duo of former Tesla (NASDAQ: TSLA) employees recently filed a l...