Representatives for Circle and Coinbase blamed traditional financial institutions — ‘TradFi’ — for instability in the digital asset sector. “What happened over the last several days...
Tag: instability
Circle’s USDC instability causes domino effect on DAI, USDD stablecoins
The stablecoin ecosystem felt an immediate effect as USD Coin (USDC) depegged from the US dollar due to a subsequent sell-off after Silicon Valley Bank (SVB) did not process $.3.3 billion of Circle’s ...
Genesis Asks Users for More Time to Achieve Financial Instability
Derar Islim, interim CEO of crypto brokerage Genesis Global Trading, noted that the company needs more time to cope up with financial instability following withdrawals stoppage in November 2022. Islim...
How Broken Monetary Policy Fuels Instability
The world’s economic and societal structures aren’t very stable at the moment — or very safe. Supply chains aren’t working and the global energy shortage is growing — causing cycles of hoarding and un...
Fed hikes and a stronger dollar are fueling risks of political instability in Africa
ACCRA, GHANA – NOVEMBER 05: Ghanaians march during the ‘Ku Me Preko’ demonstration on November 5, 2022, in Accra, Ghana. People took to the streets of Ghana’s capital to protes...
How does the instability in crypto currencies affect online betting?
In recent months, there has been increased uncertainty surrounding the future of cryptocurrencies. This has had a knock-on effect on online betting, as many platforms accept cryptocurrencies as a form...
Fed Signals Rate Hikes Will Slow ‘Soon’ As Financial Instability Risks Rise
Topline The Federal Reserve indicated Wednesday it may soon ease up on its aggressive policy as higher interest rates start slowing the economy—signaling the worst of the central bank’s rate hik...
Instability hits FTX website during crypto market tumult
Embattled crypto exchange FTX is struggling to stay online. FTX’s international website is online at the time of publication. “We’re sorry, something went wrong while processin...
Polkadot price analysis: DOT/USD declines towards instability at $5.83
The Polkadot price analysis shows that the price of DOT/USD has followed a downward trend in the last 24 hours. The price has shifted towards an antagonistic movement, decreasing significantly, droppi...
CHPT Stock Experiencing Instability; is it Short Term or Long Term?
ChargePoint (CHPT) stock price witnessed continued turbulence given distinct factors. CHPT stock started the week with a slight growth and then dropped again a couple of points. The American electric ...
Amid Europe’s Russia ban, renewables mismatch could drive long-term instability in US gasoline prices
Much to the respite of US dwellers, gasoline prices have seen a sustained downtrend over the past three months. Gas prices fell for 13 consecutive weeks, a fresh record. This decline was driven primar...
Near Protocol (NEAR) Instability Causes Traders To Lose; 8,500% Gain Prediction For The Hideaways (HDWY) After Presale.
Since the beginning of the bear market in the last quarter of 2021, most projects have lost their level of stability and credibility, accounting for an average of -61% losses across wallets globally. ...
US housing market faces instability as Google searches for ‘sell my house’ surge to a record high
Consumer confidence in the housing market has dropped significantly as sharply higher mortgage rates caused a pullback in home sales. Thus, more people are looking to sell their homes as internet sea...
Flowcarbon Suspends Token Rollout, Cites Market Instability
Adam Neumann’s Flowcarbon has been forced to halt operations and rollouts of new products amid the current crypto bear market. The company that stores carbon credits on the blockchain is waiting for t...
Opensea Cuts 20% of the NFT Market’s Staff, Citing ‘Crypto Winter’ and ‘Macroeconomic Instability’ – Bitcoin News
The largest non-fungible token (NFT) marketplace by trade volume, Opensea, has announced the company has let 20% of its staff go after CEO Devin Finzer said the layoffs were due to a combination of “c...
Fed Vice Chair Warns Bank Involvement in Crypto of Sparking Financial Instability
Federal Reserve Vice Chairwoman Lael Brainard urged policymakers to toughen up regulatory scrutiny on the crypto industry in a speech given at the Bank of England conference on Friday. Once again, the...
Solana-Based Lending Platform Votes To Seize Whale’s Funds To Prevent Instability
A leading lending platform on the Solana (SOL) blockchain says a governance proposal urging users to grant it emergency powers to potentially seize the crypto assets of its largest whale has passed. A...
How did the crypto community react to the Fed’s showing bitcoin instability using the Egg analogy?
The Federal Reserve has been seen showing its stance against the instability of bitcoin and proving that the US dollar is better by all means On 7th May, the crypto community experienced a weird insta...
Russia’s Control of Snake Island Spells Hunger and Instability for Parts of Africa and The Middle East
A view of Snake Island, Ukraine which is currently occupied and controlled by a Russian garrison. Wikipedia commons Russia’s foothold on Snake Island, a smattering of land off the coast of Western Ukr...
‘Sharks of Wall Street’ are causing instability in the crypto market: Mashinsky
Alex Mashinsky has declared clearly that opportunistic short-sellers on Wall Street are to blame for the market’s poor price action. “The Sharks of Wall Street,” according to Alex Mashinsky, CEO of Ce...
Panic-Driven Crypto & Stablecoin Regulation Would Create Further Instability
In reaction to the volatile events of the last few weeks, both the stock and cryptocurrency markets have taken a deep dive. While this downturn is distressing to many, it has emboldened progressive po...
Moody’s Warns Cryptocurrencies May Cause Financial Instability
Moody’s says that the adoption of cryptocurrencies comes with risks, including fragmentation of the payments system and financial instability. The agency also said that El Salvador could benefit from ...
Russia seeks a way to counter economic instability by seizing 60 trillion rubles of its citizens
The war between Russia and Ukraine has made the revival of economic situations more difficult, especially in Russia itself On 24 Feb, Russia launched a full-fledged military operation in its neighbor...
VeChain price analysis: VET/USD declines towards instability at $0.0514
TL;DR Breakdown VeChain price analysis is berish today. The strongest resistance is present at $0.0866. Trading price of VeChain is $0.0514. The VeChain price analysis shows that the price of VET/USD ...
Solana sees Network Instability Amid Crypto Volatility
Solana was hit by instability due to excessive duplicate transactions, according to Jan 22, 2022, according to Bloomberg, citing the notice on the blockchain network’s website. Solana, one of the larg...
How could the instability in developing countries alter the Bitcoin mining landscape?
Following the news about nationwide protests in Kazakhstan causing an internet blackout in the Bitcoin mining country that resulted in a significant hash rate drop, CryptoSlate talked to Alan Konevsky...
Opinion: Market instability replaces inflation as the biggest risk, raising the chances of a pivot by the Federal Reserve
Market instability is the biggest risk to central banks globally, replacing inflation, owing to massive amounts of leverage. So far, the U.S. Federal Reserve is fortunate because there’s low volatilit...