Despite not mentioning cryptocurrencies, a new proposal made by the US Securities and Exchange Commission to amend the definition of “exchange” is raising concern in the crypto space. Hester Pierce, o...
Tag: Warns
Covid will never become an endemic virus, scientist warns
JaruekChairak | iStock | Getty Images Covid-19 will never become an endemic illness and will always behave like an epidemic virus, an expert in biosecurity has warned. Raina MacIntyre, a professor of ...
Hester Peirce warns against blowback on DeFi
TL; DR Breakdown Peirce wants against blowback of the SEC rule on the DeFi sector The new rule was based on the Exchange Act of 1934 Gensler wants to regulate the entire crypto space The United States...
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....
Crypto Mom Hester Pierce Warns SEC’s New Proposal Poses Serious Threats To DeFi
Despite not mentioning cryptocurrencies, a new proposal made by the US Securities and Exchange Commission to amend the definition of “exchange” is raising concern in the crypto space. Hester Pierce, o...
‘No signs Bitcoin has bottomed’ as data warns BTC price downtrend continuing
Bitcoin (BTC) received a welcome boost at the Wall Street open on Jan. 31 as fresh research painted a gloomy picture for near-term price action. BTC/USD 1-month candle chart (Bitstamp). Source: Tradin...
FCA Warns Against Falcon Financial Solutions Ltd.
The UK financial regulator, the Financial Conduct Authority (FCA Financial Conduct Authority (FCA) The Financial Conduct Authority (FCA) is the largest financial regulator for all financial market...
Former BOJ official warns against use of digital yen in the financial sector
A former Bank of Japan (BOJ) official who reportedly headed the digital currency research is now advising against its use. According to a report published in the Japan Times, Hiromi Yamaoka, the forme...
PeckShield Warns DataDAO Users of Backdoor That Can Steal Funds
A project called DataDAO, which presents itself as a data marketplace platform, has a backdoor to steal user funds with approvals, according to PeckShield. The crypto market is currently seeing a surg...
Goldman Sachs Warns Bitcoin Increasingly Vulnerable to Fed Rate Hikes as Mainstream Adoption Grows – Bitcoin News
Global investment bank Goldman Sachs has warned that bitcoin is increasingly vulnerable to the Federal Reserve’s rate hikes as the cryptocurrency grows more widely adopted. “Over the last two years, a...
Crypto Ban in Russia Can Have Opposite Effect, Medvedev Warns as Opposition Mounts Against Proposal – Regulation Bitcoin News
Dmitry Medvedev, former president and prime minister of Russia, has voiced his concerns over Bank of Russia’s initiative to ban most crypto operations. Prohibition could bring the opposite result, the...
Nobel Laureate Paul Krugman Likens Crypto Market to Subprime Mortgage Crash — Warns Regulators Are Making the Same Mistake – Featured Bitcoin News
Nobel Prize-winning economist Paul Krugman sees parallels between the crypto market and the subprime mortgage crash. “There’s growing evidence that the risks of crypto are falling disproportionately o...
Celsius Network CEO Predicts New All-Time High for Ethereum, Warns Bitcoin Could Crash Before Massive Rally
The CEO of centralized finance platform Celsius Network (CEL), Alex Mashinsky, is unveiling price predictions for the two largest crypto assets by market cap. Mashinsky says in a Kitco News interview ...
Tesla sees booming 2022 sales, but Wall Street warns of ‘degrees of complication’
Tesla’s (TSLA) shares closed higher on Friday after an unusually volatile week in which the electric vehicle company posted fourth quarter earnings that, while better than estimates, gave at lea...
Biden Warns Of Imminent Ukraine Invasion
Ukrainian servicemen taking part in the armed conflict with Russia-backed separatists in the … [+] country’s Donetsk region march in Kiev on November 15, 2018 prior to the handover ceremon...
IMF warns crypto rout could lead to systemic risk, backs Fed digital coin
The International Monetary Fund says cryptocurrencies and stocks are likely to see more volatility, with the Federal Reserve set to raise interest rates, and as increasing correlations between the two...
Lucid stock falls after rival Tesla warns about supply chain
Lucid shares fell as much as 14% on Thursday amid a selloff in electric vehicle stocks. The high-end EV maker is falling in sympathy with Tesla (TSLA) after the industry giant warned about supply-chai...
Macro Analyst Lyn Alden Says Bitcoin Unlikely To Go Below $20,000, but Warns BTC Could Crash if This Happens
Macro investment strategist Lyn Alden says she would be surprised to see Bitcoin (BTC) drop below $20,000. In a new interview, Alden says that Bitcoin is less likely to have extreme price swings now t...
Southwest Airlines CEO warns omicron could result in a Q1 loss
Southwest Airlines Co (NYSE: LUV) climbed 2.0% in the stock market on Thursday after turning its first adjusted quarterly profit since the start of the pandemic on solid demand for leisure travel. Not...
US Unveils Bill Giving Treasury Secretary ‘Unchecked and Unilateral Power’ to Ban Crypto Transactions, Advocate Warns – Regulation Bitcoin News
A new bill introduced in the U.S. has a provision that “would essentially give the Treasury Secretary unchecked and unilateral power” to ban cryptocurrency transactions, warned crypto advocacy organiz...
Apple’s Q1 Numbers Should Be Fine — But the Stock Is Still Not a Buy, Warns Goldman Sachs
Less than 24 hours from now — Thursday, after close of trading — tech giant Apple (AAPL) will report its earnings for fiscal Q1 2022. Many analysts on Wall Street are optimistic, predictin...
IMF Warns Economic Recovery Will Be Worse Than Expected After U.S. Inflation Surge And China Covid Disruptions
Topline The International Monetary Fund on Tuesday warned the global economy is in a weaker position entering this year than previously expected due largely to the ongoing disruptions spurred by the p...
Unovis Asset Management Closes $166 Million Fund II, Warns Alt Protein Investors Should Avoid Ego Driven Valuations
Packages of “Impossible Burger” and “Beyond Meat” sit on a shelf for sale on November 15, 2019 in … [+] New York City. – Vegetarian alternatives to burgers and saus...
Canadian Consumer Group Warns of ‘Exploding’ Crypto Scam Industry
The Better Business Bureau Serving Southern Alberta and East Kootenay (BBB), a Canadian consumer advocacy group, has warned against the “exploding” crypto scam industry, per Global News. “It’s kind o...
Dalio Says U.S. in Decline as China Rises, Warns of Election Risk
(Bloomberg) — Bridgewater Associates founder Ray Dalio said there’s a “reasonable chance” neither major U.S. political party will accept the results of the 2024 election. Most Read from Bloomber...
Growth slowdown to spark 10% stock plunge, Morgan Stanley warns
Investors may be playing with fire. According to Morgan Stanley’s Mike Wilson, the S&P 500 is vulnerable to a 10% plunge despite Monday’s late buying binge. He warns investors are dang...
UBS Warns of a Crypto Winter, Expects Fed Rate Hikes and Regulation
A recent report by UBS, Switzerland’s largest bank, has warned about a crypto winter in which prices drop and may not recover for years. According to the bank’s analysts, several key factors affect cr...
UBS warns again regarding Crypto downfall noted various reasons
The Swiss bank has warned that prices may crash in crypto and may not recover for years; the analysis consists of discussion on reasons and possibilities behind the falling of cryptocurrencies prices....
‘Dangerous’ To Assume Omicron Is Covid Pandemic’s Final Stage, World Health Organization Warns
Topline It’s dangerous to assume the omicron variant will mark the end of the pandemic’s most severe stage, World Health Organization boss Tedros Adhanom Ghebreyesus warned Monday. World Health Organi...
Macro Guru Raoul Pal Says Crypto Going Through Massive Stress Test, Warns of More Downside Risk for Bitcoin (BTC)
Macro guru Raoul Pal says that the crypto asset space is currently experiencing a massive stress test typical of new and emerging markets. The former Goldman Sachs executive tells his 876,000 Twitter ...