(Bloomberg) — WeWork Inc. was downgraded one notch by Fitch Ratings as the office-sharing upstart continues to lose money and struggles to capitalize on a return-to-office push happening at comp...
Tag: Fears
New Cardano algorithmic stablecoin evokes old fears for the community
With the new announcement that Cardano is on its way to release an algorithmic stablecoin in 2023, various community members expressed concerns, comparing the project to TerraUSD (UST), which caused g...
Elon Musk Fears Economic Disaster if This Is Not Done Immediately
The economy’s health remains the main subject of concern for consumers and investors, who just about every week see another wave of corporate job cuts. On Nov. 30, DoorDash was the umpteenth com...
Gold, Silver, Or Bitcoin? Best Asset To Buy Amid Recession Fears
The global market conditions feel on the edge as the US inflation crisis hints at an upcoming recession. Nonetheless, the Fed anticipates more interest rate hikes in 2023 which makes this fear more va...
Year-end rally? Bullish stock-market pattern set to collide with stagflation fears
The period between now and year-end marks a historically bullish final stretch of the year for U.S. stocks, particularly just before and after Christmas. The question for investors is whether favorabl...
Bitcoin, crypto rise as FTX contagion fears ease
Bitcoin recovered above US$16,000 in Wednesday morning trading as it rose along with Ether and the rest of the crypto top 10 by market capitalization, excluding stablecoins, as the market shook off li...
Serum price soars 140% in one week amid FTX ‘exit pump’ fears
Serum, a “decentralized exchange” on the Solana blockchain, has performed exceptionally well in terms of its SRM token price, despite it ties to the defunct FTX exchange. SRM price up 140%...
Crypto Fears Contagion as Billions Owed to Creditors
(Bloomberg) — Sam Bankman-Fried’s bankrupt FTX crypto exchange owes its 50 top unsecured creditors a total of $3.1 billion. FTX Trading Ltd. and about 100 affiliated companies are starting a str...
TON, TWT, CHZ and QNT breakout amid traders’ crypto contagion fears
The FTX collapse continues to stoke fears of a contagion in the cryptocurrency space as investors wait to hear about businesses that may face the heat. One of the marquee names to come under the circl...
Community fears FTX implosion might affect Grayscale
Grayscale Bitcoin Trust (GBTC) shares are selling at a record discount of 42.69% to the underlying asset’s value following FTX’s implosion and fears of market contagion. According to Ycharts data, GBT...
Nexo allays customers’ fears as FTX’s death spiral claims more victims – crypto.news
The crypto-lending platform has assured customers that their funds are safe after Genesis’ Crypto-Lending Unit Halted Customer Withdrawals in the wake of the FTX Collapse. The company made this announ...
Crypto Exchange Gemini Suffers $485M Rush of Outflows Amid Contagion Fears
Gemini, a crypto exchange and custodian founded by the Winklevoss brothers, has suffered a rush of withdrawals as crypto firms wrestle with the reverberations of the FTX-Alameda bankruptcy and subsequ...
Crypto firms rush to allay Genesis contagion fears as stocks crater
Crypto-related stocks plunged as Genesis became the latest victim of the FTX fallout. Bitcoin was trading at $16,593, up 0.7% from $16,479 earlier in the day. Ether gained a modest 0.5% to trad...
US Futures Rise as Ukraine Escalation Fears Recede: Markets Wrap
(Bloomberg) — US futures rose as panic subsided that a rocket which struck inside the Polish border came from Russia and marked an escalation in the Ukrainian war. Most Read from Bloomberg Contr...
Fears of Contagion Darken the Crypto Sector Outlook
(Bloomberg) — The crypto industry braced for more contagion from the fall of Sam Bankman-Fried’s FTX empire. The US and The Bahamas are talking about bringing him to America for questioning, peo...
UK property market at risk of major downturn as recession fears loom
Economists are predicting that soaring interest rates and falling prices will mark the end of the U.K.’s 13-year housing market boom, potentially leading to a house price crash. Matt Cardy | Getty Ima...
Recession Fears Hit New High Even As Inflation Slows—Here’s What Fund Managers Predict For 2023
Topline Despite growing signs the worst of inflation may be over for now, fund managers around the world are increasingly worried a recession is likely over the next 12 months as the likelihood increa...
Exchanges Rush to Prevent FUD as Contagion Fears Mount
The community negatively views centralized exchanges due to the recent FTX saga, as Exchanges try to prevent FUD amidst fears of contagion. It is a challenging phase for centralized exchanges as they ...
Crypto Exchange ‘Proof of Reserves’ Not Calming Investor Fears
Crypto exchanges are trying to prevent a liquidity crisis by proving there is no liquidity crisis. It doesn’t seem to be working. After FTX went under, crypto exchanges Crypto.com and OKX created so-c...
Crypto.com CEO says will prove naysayers wrong amid FTX contagion fears
Kris Marszalek, CEO of Crypto.com, speaking at a 2018 Bloomberg event in Hong Kong, China. Paul Yeung | Bloomberg | Getty Images The boss of cryptocurrency exchange Crypto.com took to YouTube Monday t...
$3 billion in Bitcoin left exchanges this week amid FTX contagion fears
Bitcoin (BTC) investors are withdrawing funds from exchanges at a rate not seen since April 2021 with nearly $3 billion in Bitcoin withdrawn over the past seven days. New data from on-chain analytics ...
Solana postpones token unlock amid double-dip fears, developers unaffected
Solana (SOL) postponed its staking unlock period for two days while Solana developers were still able to unlock and liquidate their SOL tokens, according to crypto influencer @DrProfitCrypto. Solana, ...
Bitcoin sinks under $16K as FTX insolvency fears turn into contagion
Crypto markets crumbled for a second day as the fallout from FTX’s liquidity troubles continued to negatively impact investor sentiment. Throughout the day Bitcoin (BTC) price dropped, falling to a ne...
One restaurant stock that ‘stands out’ despite fears of recession
Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) has recovered about 20% since late September but a Deutsche Bank analyst is convinced there’s more to come in the months ahead. Dave & Buster s...
MIM stablecoin slightly loses dollar parity amid fears of partial FTT backing
The Magic Internet Money (MIM), a stablecoin issued by Abracadabra Money, has slightly lost its parity with the US dollar. The MIM stablecoin fell to as low as $0.95 before rebounding to $0.98 as of 5...
Bitcoin Crashes Below $20,000 Amid FTX Contagion Fears
The price of Bitcoin has once again fallen below the crucial $20,000 mark in the past few hours. The crash occurred around 12:00 pm EST amid concerns about whether the crypto market is in danger of an...
FTX Token Plummets as Market Fears Possible Alameda Contagion
Since then, the market has grown concerned about FTX’s liquidity. The exchange has faced a massive stablecoin exodus, with $451 million being sent off its main platform during the last week, and...
Banks are short more than $1 trillion in capital, says this analyst, who fears the shortfall will only get worse
The new year is nearly upon us, and one idea for where to invest is the banking sector, whose margins benefit from the high interest rates, at not terribly demanding valuations. That claim may surpris...