A group of US senators introduced legislation Tuesday centered around El Salvador’s adoption of bitcoin as legal tender. TheAccountability for Cryptocurrency in El Salvador (ACES) Act was introd...
Tag: Risks
Senate Banking Chairman Calls Out Super Bowl Crypto Ads for Not Addressing Risks
Senate Banking Chairman Sherrod Brown criticized the crypto advertisements that were aired during the Super Bowl. He said that the ads did not address the risks involved with investing in cryptocurren...
FSB wants more data to measure risks of Bitcoin, stablecoins, DeFi
The Financial Stability Board (FSB), a global financial authority funded by the Bank for International Settlements, has released a new report on the financial stability risks associated with cryptocur...
Bitcoin Bull Tom Lee Still Sees $200,000 By Year-End, But Highlights Risks To The Price Target ⋆ ZyCrypto
Advertisement     Despite missing the mark with his exuberant $100,000 bitcoin price forecast in 2021, Fundstrat Global Advisors co-founder Tom Lee expects BTC to surp...
Pakistan Says Risks from Cryptocurrencies Outweigh Its Benefits
Pakistan’s central bank has said that the risks of cryptocurrencies far outweigh their purported benefits. It had earlier warned the investors to stay away from cryptocurrencies. Reza Baqir, governor ...
Geopolitical Risks Are Showcasing Use Cases of Bitcoin (BTC) and Crypto, According to deVere Group CEO
Financial advisory firm deVere Group CEO Nigel Green predicts growing geopolitical tensions will help increase the mass adoption of Bitcoin (BTC). Green says that the geopolitical tensions occasioned ...
Crypto investors hedging out risks ahead of March rate hike
On-chain data analysis from Glassnode shows that Bitcoin investors are hedging out risks in order to stay protected against Federal Reserve interest rate hikes in March. Glassnode’s The Week On-Chain ...
Ethereum Consolidates Above $2,800 Support And Risks Further Decline
Feb 14, 2022 at 12:00 // Price Ethereum’s (ETH) upward movement was halted at the high of $3,288. The largest altcoin has declined and found support above the 21-day moving average line but belo...
Russia-Ukraine tension, the risks of a cyberwar
The tension between Russia and Ukraine is always sky-high, but this time a physical war could be flanked or replaced by a cyberwar. Russia, Ukraine, and cyberwar The risk has been feared by the Europe...
Chainlink Resumes Downward Correction, Risks Further Selling Pressure
Feb 13, 2022 at 11:11 // Price Chainlink (LINK) resumed its downward correction after bulls failed to keep it above the $19 high. On February 7, the bulls broke through resistance at $18 including the...
Polygon price risks 50% drop as MATIC paints inverted cup and handle pattern
Polygon (MATIC) has dropped by more than 40% from its record high of $2.92, established on Dec. 27, 2021. But if a classic technical indicator is to be believed, the token has more room to drop in the...
Kenyan Central Bank Document Discusses Benefits and Risks Posed by CBDC — Public Asked to Comment – Bitcoin News
Kenya’s central bank has acknowledged in a recently released document that a central bank digital currency could potentially benefit the country’s financial system. The bank, however, warned that roll...
Political Risks and Hobbesian Warfare Complicate Libyan Gas Supply for Europe
Khalifa Haftar leaves after talks with Greek Foreign Minister in Athens, on January 17, 2020, days … [+] ahead of a peace conference in Berlin which he and the head of Tripoli’s UN-recogni...
India’s Central Bank RBI Says Crypto Is Prone to Fraud and Poses Immediate Risks to Consumer Protection – Coinotizia
India’s central bank, the Reserve Bank of India (RBI), has warned about multiple risks cryptocurrency poses to the country’s financial stability. “They are also prone to frauds and to extreme price vo...
BTC/USD Struggles below $45K as Bitcoin Risks Decline below $42K
BTC Price Trades in a Range as Bitcoin Risks Decline below $42K- February 10, 2022 BTC/USD is declining after buyers failed to break the resistance at $45,400 as Bitcoin risks decline below $42K. For ...
US SEC Announces Proposals to Tackle Risks in Clearance and Settlements
The US Securities and Exchange Commission (SEC) on Wednesday issued a proposed rule to reduce risks in the clearance and settlement of securities. The proposal wants to shorten the standard settlem...
FDIC Makes Crypto Evaluation a Priority This Year Citing ‘Significant Safety and Financial System Risks’ – Regulation Bitcoin News
The U.S. Federal Deposit Insurance Corporation (FDIC) has named the evaluation of crypto assets a priority this year. “The rapid introduction of a variety of crypto-asset or digital asset products int...
FDIC to Make Assessing Risks of Crypto a ‘Priority’ for 2022
The Federal Deposit Insurance Corporation (FDIC) has said that crypto—and specifically the risks involved in the crypto industry—will be a priority area of focus for 2022. “The rapid introduction of ...
Evaluating Crypto-Asset Risks Will be Top Priority in 2022, Says FDIC Report
The Federal Deposit Insurance Corporation (FDIC) has listed evaluating crypto asset risks as one of its top priorities for the year. In addition to evaluating risks related to crypto, other priorities...
US Treasury Warns NFTs May Present New Illicit Finance Risks – Bitcoin News
The U.S. treasury department has warned that non-fungible tokens (NFTs) may present new illicit finance risks. According to industry estimates, the NFT market could reach $35 billion in 2022 and more ...
Prysm Dominance of Ethereum Staking Clients Risks The Merge – Trustnodes
The ethereum 2.0 Proof of Stake beacon chain keeps being dominated by just one client, Prysm. Run by grant funded Prysmatic Labs and written in Go, Prysm began dominating since the very beginning on t...
South East Asian banks venturing into crypto face heightened risks, warns Fitch
After a year of enthusiastic ventures and acceptance regarding cryptocurrencies, banks in South East Asia might be in for a hard time going forward, analysts at top financial institutions have warned....
‘Cryptoization’ Poses Risks for Emerging Markets: IMF Counsellor
As the world continues to watch El Salvador’s Bitcoin experiment, a senior official at the International Monetary Fund (IMF) has again warned that cryptocurrencies pose “acute risks” for the stability...
Bitcoin Struggles above $37,000 Support, Risks Further Decline
Jan 31, 2022 at 11:14 // Price Bitcoin (BTC) continues its downward correction as buyers try to keep the price above the $38,000 level. Yesterday, the BTC price rose to a high of $38,270, but the cryp...
Ethereum price risks dropping to $2K on ‘bear flag’ setup
Ethereum’s native token Ether (ETH) will extend its 30% slump this year to the lowest price level since July 2021, if a textbook technical indicator plays out. Ethereum chart paints bearish patt...
What To Make Of The Labor Department’s Request For Comment On Protecting Retirement Assets From Climate Risks
Springs Fire In Southern California Gains Strength, Continues To Threaten Homes. (Photo by David … [+] McNew/Getty Images) Getty Images The U.S. Department of Labor announced on Friday publicati...