Bitcoin (BTC), the industry’s largest cryptocurrency by market capitalization, is down by 9% on Wednesday, wiping out most of its recent gains. Following the official announcement of the U.S. Consumer...
Tag: Fears
Large ETH Transactions To Exchanges Spark Market Dump Fears
The Ethereum Merge is only about two days away according to the difficulty adjustment, and sentiments around ETH during this time have been peaking. Most of this has been on the bullish side, but some...
Famous U.S. Lawyer Fears SEC May Classify ETH as a Security After Ethereum Merge
– Advertisement – Deaton thinks the SEC may go after ETH after the Ethereum Merge upgrade launches. Attorney John Deaton, the founder of CryptoLaw, recently expressed fears over the possi...
Holiday airfare will be most expensive in 5 years as pandemic fears wane
Los Angeles, CA – November 23: An air travel passenger is hugged while being picked up amid a long line of travelers awaiting rides after arriving at Los Angeles International Airport terminal 1...
Oil Prices Slump as Recession Fears Grow
Another turbulent week in oil markets carried crude prices to their lowest point since January, with thin trading and a blurry outlook for supply and demand driving a fitful 30% decline from this year...
Ethereum Price Recovers Despite Merge Fears As The Hideaways Takes Off
Anticipation for the Ethereum merge has seen the Ethereum (ETH) price increase in volatility over the course of the past month. Initially falling heavily, the Ethereum (ETH) price recovered with 4% ga...
Decrypt-O’s Ep. 1: Tornado Cash Privacy Fears, Bored Ape VMAs Hate, Sheriff Gensler
Decrypt-O’s Ep. 1: Tornado Cash Privacy Fears, Bored Ape VMAs Hate, Sheriff Gensler Eat your Decrypt-O’s! In the debut episode, Sander Lutz hits the street to ask people about their privacy conc...
Dow Jumps Over 300 Points As Investors Shake Off Rising Fears About More Fed Rate Hikes
Topline The stock market surged higher on Friday, with stocks on pace to snap a three-week losing streak as investors shook off Federal Reserve Chair Jerome Powell’s recent comments about more interes...
White House Fears Crypto Mining Threatens Climate Change Efforts
The White House Office of Science and Technology Policy today issued a report that highlights the negative effects of cryptocurrency production. The report has expressed concern that the mining of cry...
White House fears crypto production might hinder climate change efforts
The White House has expressed concern that the production of cryptocurrencies such as Bitcoin (BTC) may have a negative effect on the environment, which might thwart efforts by the United States to ta...
Inflation fears spur shoppers to get early jump on year-end holidays
Inflation is a Scrooge. Although the holiday season is still months away, consumers are already concerned about how they will afford this year’s gifts as prices continue to rise, several studies...
Oil Prices Hit Seven-Month Low As Recession Fears Weigh On Demand
Topline Oil prices dropped more than 5% on Wednesday, falling to just over $80 per barrel and hitting their lowest point since January as rising fears that a global economic downturn will hurt demand ...
Bitcoin Expert Fears Extreme Lows, Here’s Why
The CEO and founder of Satoshi Act Fund, Dennis Porter, believes that Bitcoin prices will go “very, very low”. The crypto market is crashing hard as the dollar continues to show extreme strength. Bitc...
Ghanaian Central Bank Allays Fears That a CBDC Will Disrupt Mobile Money Operations – Fintech Bitcoin News
The Bank of Ghana has said the expected implementation of the central bank digital currency will not disrupt or negatively impact the operations of mobile money operators. Rather, the central bank exp...
Stock Market Rally ‘Is Over’ As Unemployment Starts Rising And Fears Intensify
Topline Despite new data signaling the Federal Reserve’s efforts to ease rising prices may be working, investors are becoming increasingly uncertain that inflation will fall enough to avoid a re...
Mt. Gox Repayment Coming in ‘Due Course’ as Bitcoin Dump Fears Spook Market
Mt. Gox, a popular Bitcoin exchange that was forced to shutdown eight years ago after a crippling hack, has announced it will start repaying former users in “due course.” According to a W...
Credit Suisse, SoftBank Reportedly Planning Layoffs. Here Are The Major Job Cuts Amid Growing Recession Fears
Credit Suisse and SoftBank are reportedly cutting back on staff, the companies announced on Friday—becoming the latest multinational firms to announce layoffs this summer as employers fear an unstable...
Recession Fears Could Send This 10% Dividend On A 400%+ Profit Run
A businessman covers his eyes as he can’t watch a descending stock chart and an ominous shadow of a … [+] bear that is cast on the wall above him. getty One of the market’s smartest contra...
Wells Fargo Cuts 75 Jobs In Home Mortgage Division. Here Are The Major U.S. Job Cuts Amid Growing Recession Fears
Wells Fargo made its ninth round of job cuts in its home mortgage division this year as the housing market continues to cool substantially—the latest U.S. company to announce layoffs this summer as em...
Waves Founder Defends USDN Stablecoin Depegging, Trashes Fears of a UST-Like Implosion; Bitcoin Burrows in Above $20K
With Ethereum’s long-awaited transition to proof-of-stake (PoS) fast approaching, blockchain analytics firm Coin Metrics is out with a new report explaining the move, along with data that provid...
Despite recession fears, most investors haven’t shifted 401(k) assets
Morsa Images | E+ | Getty Images Many investors worry a recession is coming amid rising interest rates, high inflation and stock market volatility. But the majority haven’t changed their portfol...
BYD Sinks as Buffett’s Stake Sale Fuels Fears of More to Come
(Bloomberg) — Traders rushed to sell BYD Co. after Warren Buffett’s Berkshire Hathaway Inc. trimmed its stake in the Chinese electric vehicle maker, fearing that the legendary investor may be ge...
Dow Jones Futures: Market Rally Finished? Indexes Break Support As Fed Fears Intensify
Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally came under further pressure Tuesday, with the major indexes all falling below...
Stock sell-off extends into third day amid renewed rate fears
U.S. stocks fell on Tuesday to mark a third-straight losing session, deepening a rout kicked off Friday following Fed Chair Jay Powell’s speech in Jackson Hole. When the bell rang on Wall Street...
Three Arrows’ Su Zhu fears possible criminal charges
The whereabouts of Three Arrows Capital (3AC) co-founders Su Zhu and Kyle Davies remain unknown. This could be because they are facing not only civil, but also criminal indictments. Su Zhu has express...
Bitcoin Drops Below $20,000 Amid Recession Fears
Topline Bitcoin dropped below $20,000 Saturday—trading at its lowest levels in over a month—after stocks sold off sharply Friday as investors pulled back from risky assets amid renewed concerns the Fe...
Fears Return As Fed Warns Americans Of ‘Some Pain’ As Economy Braces For More Job Cuts
Topline Though they had recently cooled, fears of an impending recession once again escalated Friday after Federal Reserve Chair Jerome Powell warned economic growth will suffer as the central bank wo...
3AC co-founder fears Jail term over liquidator’s misrepresentation
Three Arrows Capital co-founder Su Zhu is worried he and other company directors could face jail terms for contempt of court due to the liquidators’ misrepresentation, Bloomberg News reported on Augus...
Bitcoin Jumped a Bit Following Easing of Recession Fears
Bitcoin – along with several other leading digital currencies like Ethereum, Cardano, and Solana – rose quite a bit in recent weeks and was trading for just over $24,000. Many analysts assumed that $2...
Nvidia Predicts Weak Growth, Adding to Chip Slump Fears While Miner Demand Dampened
Nvidia issued the forecast just two weeks ago, warning that sales for the upcoming quarter would be significantly lower than expected. The company stated that the decreasing demand for chips used in g...