Bitcoin (BTC-USD) fell more than 9% Friday morning to $19,700, a eight-week low. The largest cryptocurrency lost more than $52 billion in market capitalization value since Tuesday. Ahead of the releas...
Tag: Pressures
Bitcoin tumbles to 7-week low as bank failures, regulatory pressures weigh on crypto
Bitcoin (BTC-USD) fell more than 7.5% late Thursday to $20,300, a seven week low for the largest cryptocurrency. “This remains a tough environment for crypto. Bitcoin could see further selling pressur...
India Pressures China to Take Haircut on Loans to Poor Nations
(Bloomberg) — China must stop taking positions that block debt relief to some of the world’s poorest nations and be willing to take losses on its loans to them, India said in its capacity as the...
SOL Bulls Flee as Price Drops Over 5% Owing to Bearish Pressures
After encountering resistance, the previous day’s bullish trend yields. Indicators predict that the market’s downward trend will likely continue. During the downturn, the SOL market finds support at $...
CryptoCom To Delist USDT in Canada Due To Regulatory Pressures
On January 9, Crypto.com announced the delisting of USDT —the most important stablecoin in the crypto ecosystem— in Canada to comply with the country’s regulations. Several users on Reddit and Twitter...
Retailers Need New Strategies To Counter Discounting Pressures
Photographer: Frantzesco Kangaris/Bloomberg © 2009 Bloomberg Finance LP The weather has played funny tricks these past weeks with retail business. First it was too warm, and no winter apparel sold qui...
Retail Discounter TJX Is Thriving as Inflation Pressures Consumers
Text size These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the vi...
Community Pressures Congress To Probe Connections Between FTX CEO And SEC Chair
– Advertisement – The crypto community does not trust the US SEC and is now looking to Congress for answers. In a tweet yesterday, CryptoLaw, shared a petition urging crypto community memb...
How Companies Can Plan For The Changes, Pressures And Opportunities
U.S. manufacturing was in decline and under stress even before the pandemic. Then, things got worse. Way worse. An unexpected surge in demand for manufactured goods was accompanied by massive supply c...
Huobi to delist Monero and other privacy coins, citing regulatory pressures
Cryptocurrency exchange Huobi will delist seven different privacy coins from its platform as regulatory pressure mounts on anonymity-enhanced currencies (AECs). The exchange announced that it had term...
Pet owners pampering animals when it comes to food, despite inflationary pressures
A customer carries a dog near a Petco Animal Supplies shopping bag outside a store in New York. Angus Mordant | Bloomberg | Getty Images Pet owners might feel squeezed by inflation, but they’re ...
The easing of inflation pressures is giving the economy some breathing room, for now
A shopping cart is seen in a supermarket as inflation affected consumer prices in Manhattan, New York City, U.S., June 10, 2022. Andrew Kelly | Reuters If inflation has been the biggest threat to U.S....
Consumer prices rose 8.5% in July, less than expected as inflation pressures ease a bit
Prices that consumers pay for a variety of goods and services rose 8.5% in July from a year ago, a slowing pace from the previous month due largely to a drop in gasoline prices. On a monthly basis, pr...
US Senator Pressures Apple and Google Over Safeguards for Crypto Scam Apps
Senator Sherrod Brown (D-OH) – Chairman of the Senate Banking Committee – has sent a letter to the chief executives of Apple and Google demanding a response to fake crypto investing apps circulating i...
Best Buy cuts sales forecast as inflation pressures shoppers
Customers shop at a Best Buy store on August 24, 2021 in Chicago, Illinois. Scott Olson | Getty Images Best Buy on Wednesday cut its forecast for its fiscal year and second quarter, saying it has seen...
Inflation rose 9.1% in June, even more than expected, as consumer pressures intensify
Shoppers paid sharply higher prices for a variety of goods in June as inflation kept its hold on a slowing U.S. economy, the Bureau of Labor Statistics reported Wednesday. The consumer price index, a ...
Unemployment Will Rise And ‘Extreme’ Price Pressures Continue As Fed Hikes Risk Recession, S&P Warns
Topline Economists at S&P Global Ratings on Monday warned the likelihood of a recession over the next year is increasing as the Federal Reserve continues its most aggressive economic tightening cy...
Babel Finance Halts Withdrawals Due to ‘Unusual Liquidity Pressures’ – crypto.news
As per a statement on the company’s website, Babel Finance, a Hong Kong-based crypto lender, has halted withdrawals and redemptions. Babel Experienced Strange Liquidity Pressures “Babel Finance is exp...
Babel Finance suspends withdrawals due to “unusual liquidity pressures”
? Want to work with us? CryptoSlate is hiring for a handful of positions! As the crypto winter prolongs, its effects are rippling into different areas of the crypto ecosystem and forcing difficult dec...
Crypto Lending Platform Babel Finance Pauses Withdrawals, Citing ‘Liquidity Pressures’
Babel Finance has become the latest crypto lending platform to suspend redemptions and withdrawals, the Hong Kong-based company said in a blog post Friday. The firm stated it was “facing unusual liqui...
Crypto lender Babel Finance halts withdrawals due to liquidity pressures
Hong Kong-based asset manager Babel Finance is the latest cryptocurrency lending firm experiencing some serious issues amid the ongoing market downturn. Babel Finance officially announced Friday a tem...
Ulta Beauty CEO: we can withstand the inflationary pressures ahead
Ulta Beauty Inc (NASDAQ: UTLA) is well-positioned to withstand inflationary pressures in the coming months, said CEO Dave Kimbell this morning on CNBC’s “Squawk Box”. Beauty is resil...
U.S. inflation rate slows to 6.3%, Fed-favored PCE gauge shows, in a sign that price pressures could be peaking
The numbers: A key measure of U.S. inflation rose just 0.2% in April to mark the smallest increase in a year and a half, aided by lower gasoline prices. There were additional hints that a surge in U.S...
Dow Falls 900 Points, Stock Market Selloff Continues As Major Retailers Warn Of Rising Cost Pressures
Topline The stock market selloff resumed on Wednesday amid reinvigorated fears about surging inflation weighing on economic growth, as several major retailers have now reported that quarterly profits ...
Shiba Inu: As selling pressures intensifies in SHIB, here’s how far it can fall
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin has been weakly bouncing from the $38k support level, and...
Verizon Faces Growing Price Pressures: Analyst
Text size Competitive concerns are weighing on Verizon stock, which was trading down 2.8% Thursday. Cindy Ord/Getty Images Shares of Verizon Communications were falling in Thursday trading after an an...