Search Results for “stating”

Fed Hikes Benchmark Bank Rate by 75 bps, Elizabeth Warren Says Central Bank Could ‘Trigger a Devastating Recession’

July 27, 2022 admin 75 bps, Bank Rate, Bankrate.com, Benchmark Rate, CPI, Economics, Elizabeth Warren, Fed, Federal Funds Rate, Federal Rate, Federal Reserve, FOMC, hot inflation, inflation, Inflation remains elevated, Janet Yellen, jerome powell, Joe Biden, June decision, Paul Krugman, Russia, taming inflation, U.S. Federal Reserve, US Central Bank, War

On Wednesday, the U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) in order to tame

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Balaji Srinivasan Says Hyperinflation Happening Now — Makes Million-Dollar Bets on Bitcoin Price Exceeding $1M in 90 Days

March 19, 2023 admin $1 million bet hyperinflation, Balaji Srinivasan bitcoin bet, Balaji Srinivasan hyperinflation, bitcoin bet, bitcoinization, Economics, Hyperinflation, Jack Dorsey hyperinflation

Venture capitalist and angel investor Balaji Srinivasan says hyperinflation is happening now. Expecting the price of bitcoin to soon hit

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Strategist Warns Credit Suisse Next to Collapse — Says ‘There’s a Run on the Bank’

March 16, 2023 admin credit suisse, Credit Suisse collapse, Credit Suisse fail, Credit Suisse failing, Credit Suisse fall, Credit Suisse falling, Credit Suisse First Boston, Credit Suisse receivership, Economics

Market strategist Greg Foss has predicted that Credit Suisse will be the next major bank to collapse, citing capital trouble

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‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion

March 11, 2023 admin Balance Sheet, Bank Failure, Bank Run, banking tech startups, Bankruptcy, collapse, contagion, deposits, Economist, FDIC, Fiat, Galaxy Digital, illogical inverted yield curve, interest rates, long-duration treasuries, long-term treasuries, News, Peter Schiff, policy mistake, Powell, rate hikes, Shapeshift, short-term Treasuries, Silicon Valley Bank, Silvergate Bank, speculators, subprime mortgages, SVB, SVB deposits, U.S. Federal Deposit Insurance Corporation, U.S. Federal Reserve, unqualified buyers, Venture Capital, Venture Capitalists, Withdrawals, Yellen

Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit Insurance Corporation

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Deadline Approaching: Mt Gox Trustee Sets Final Cut-off Date for Creditors to Claim Over $3 Billion in Recovered Bitcoin

March 9, 2023 admin Bankruptcy, BCH, bitcoin cash, Bitcoin exchange, BTC, Challenges, claims, creditors, Cryptocurrency, cryptocurrency industry, Fiat, final cut-off date, fund transfer provider, Impact, inquiries, Mt Gox, News, Nobuaki Kobayashi, recovered bitcoins, rehabilitation committee, remaining creditors, repayment claims, repayment deadline, repayment methods, repayment options, repayment process, response time, Shibuya, stolen, Tokyo, Trustee

The Tokyo bankruptcy court trustee for the defunct Japanese bitcoin exchange Mt Gox, Nobuaki Kobayashi, has published a letter stating

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Report: Crypto Adoption Hits New Milestones — Global Crypto Owners Reached 425 Million in 2022

January 24, 2023 admin Bitcoin Holders, bitcoin owners, crypto holders, crypto owners, Crypto.com, cryptocurrency holders, cryptocurrency owners, Featured, global crypto owners, number of bitcoin owners, number of crypto owners, number of ether owners, number of ethereum owners

Crypto adoption achieved new milestones in 2022, with the number of crypto owners reaching 425 million during the year, a

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Microsoft CEO Satya Nadella Praises Metaverse ‘Sense of Presence,’ Calls It ‘Game-Changing’

January 23, 2023 admin COVID-19, davos 2023, Global Collaboration Village, Klaus Schwab, Metaverse, Microsoft, microsoft cloud, News, satya nadella, WEF, World Economic Forum

Satya Nadella, CEO of Microsoft, has given his opinion about the metaverse and the impact that the tech might have

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Morgan Stanley CEO Says Inflation Has Peaked and China Has Made a Major Pivot

January 22, 2023 admin Economics, Federal Reseve rate hikes, inflation has peaked, interest rates, James Gorman, James Gorman China, James Gorman inflation, James Gorman Morgan Stanley, morgan stanley, Morgan Stanley CEO, Morgan Stanley China, Morgan Stanley Fed rate hikes, Morgan Stanley inflation, ms

Morgan Stanley CEO James Gorman says two changes have happened recently that “really matter” to the economy. The executive explained

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Bitzlato Exchange Busted as US Deals ‘Blow to Crypto Crime,’ Arrests Owner

January 19, 2023 admin ACTION, Arrest, Bitzlato, co-founder, Crypto, crypto crime, crypto exchange, Cryptocurrencies, Cryptocurrency, darknet, darknet market, Exchange, Exchanges, Hydra, justice department, Money Laundering, operation, owner, Russia, russian, U.S., US

Cryptocurrency exchange Bitzlato, better known to the Russian-speaking segment of the market, has been taken down as part of an

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US Arrests ‘Mutant Ape Planet’ NFT Creator in $3M ‘Rug Pull’ Scheme to Defraud Crypto Investors

January 11, 2023 admin Bored Ape, DOJ NFT rug pull, Mutant Ape Planet, Mutant Ape Planet NFTs, NFT rug pull, NFT scam, NFTs, Regulation

The U.S. government has arrested and charged the creator of “Mutant Ape Planet” non-fungible tokens (NFTs) for allegedly defrauding crypto

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Bitcoin, Ethereum Technical Analysis: BTC Back Above $28,000, Following US Consumer Confidence Report
Bitcoin surged higher on Wednesday, as markets reacted strongly to better-than-expected consumer confidence figures in the United States. Data from the Conference Board showed that its monthly survey rose to a reading 104.2, better than the 101 sum expected. Ethereum also climbed, moving above $1,800. Bitcoin Bitcoin (BTC) once again moved above the $28,000 level
Binance CEO CZ Responds to US Regulator’s Charges
Binance CEO Changpeng Zhao (CZ) has addressed the allegations against him by the U.S. Commodity Futures Trading Commission (CFTC). “We do not agree with the characterization of many of the issues alleged in the complaint,” the executive stressed. CZ Responds to CFTC’s Allegations The CEO of cryptocurrency exchange Binance, Changpeng Zhao (CZ), published a blog
Take some gains and sell today’s rally if you are overweight tech: SoFi’s Liz Young
Josh Brown, Liz Young and Jim Lebenthal join 'Halftime Report' to discuss sector technicals, trading the tech market, and the cyclical versus defensives debate.
Biggest Movers: XRP Hits Fresh 5-Month High on Tuesday, Extending Recent Win Streak
Xrp rose to a fresh five-month high on Tuesday, as prices climbed for a fourth straight session. The token moved to its highest point since November, which comes despite a red wave sweeping over cryptocurrency markets. The global market cap is down 2.35% as of writing. XRP, formerly ripple, rose for a fourth consecutive session
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