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Moody’s Lowers American Credit Rating Moody’s Investors Service has downgraded the credit rating of the United States, citing concerns about the country’s financial health. The credit rating agency pointed to rising national debt, political instability, and economic uncertainty as key factors influencing their decision. This downgrade comes as a blow to the U.S. economy, as [...]
The mysterious creator of Bitcoin, known as Satoshi Nakamoto, has recently made headlines as it was revealed that 50 Bitcoins from the early days of the cryptocurrency have become a reserve asset for the United States. This development has sparked curiosity and speculation among the crypto community, with many wondering about the significance of this [...]
The post Celebrating Satoshi Nakamoto’s 50th Birthday: Bitcoin Emerges as US Reserve Asset appeared first on Crypto Breaking News.
Coinbase (COIN) shares have jumped more than 30% since June 15 following news that Blackrock (BLK) filed an application for a spot bitcoin (BTC) exchange-traded-fund (ETF), outpacing the 20% gain in the bitcoin price over the same period, investment bank Berenberg said in a research report Thursday.“We believe the surge in Coinbase’s share price was
The post Investor Enthusiasm for Coinbase Shares May Prove Short-Lived: Berenberg appeared first on BTC Ethereum Crypto Currency Blog.
As Bitcoin and stablecoin adoption continues to rise, experts believe that this trend could accelerate the process of dedollarization around the world. The increasing use of these digital currencies could pose a challenge to the dominance of the US dollar in global trade and finance. With the growing popularity of Bitcoin and stablecoins like Tether [...]
The post Accelerating Dedollarization through Increased Bitcoin and Stablecoin Adoption appeared first on Crypto Breaking News.
China’s oldest credit rating agency, Chengxin International Credit Rating (CCXI), made headlines this week by downgrading the United States’ credit rating. The agency lowered the rating from AAAg to AAg+ and attributed this decision to the escalating political discord, rising inflation, and the ongoing impasse over the debt ceiling. U.S. Credit Rating Suffers Downgrade by [...]
The post China’s Credit Agency Downgrades US Credit Rating Over Debt-Ceiling Standoff and Looming Default appeared first on Crypto Breaking News.
NEAR Protocol has expanded its gaming ecosystem by partnering with Vortex Gaming, a Web3 subsidiary of INVEN, Korea's largest game media and community. This collaboration aims to attract more users and companies to the NEAR ecosystem while strengthening the NEAR game ecosystem. INVEN, with a monthly active user count of 7.2 million, brings valuable expertise and content to the partnership. (Read More)
AltSignals ($ASI) presale is on, and 59% of the tokens have already been grabbed. Over 637,000 USDT has so far been raised, making it an early success amid growing investor interest. The token, powering a trading community, will be the first of its kind and could generate huge returns for investors. You can join the …
<p>The post AltSignals is 59% sold out amid growing usage of AI. Binance integrating ChatGPT? first appeared on CCNC | Cryptocurrency Newscast.</p>
Roughly ten days ago, the credit agency Moody’s Investors Service downgraded the U.S. banking sector from “stable” to “negative.” In a recent update on Thursday, the company stated that there is still a risk to the U.S. economy. The managing director of credit strategy at Moody’s explained that the country “will be unable to curtail [...]
The post Moody’s Warns of Potential Financial Disruption Spillover Beyond US Banking Sector appeared first on Crypto Breaking News.
The collapse of Silicon Valley Bank and news that Circle, the issuer of USDC, was exposed to the tech lender has caused reverberations across the stock and crypto markets. However, could Moody’s rating downgrade of SVB have accelerated the bank crash? Moody’s Rating Of SVB Moody’s Investors Service downgraded the credit ratings of SVB Financial Group [...]
The post Is Moody’s Ratings Downgrade The Reason Why Silicon Valley Bank Fell? appeared first on Crypto Breaking News.
The new and improved crypto intelligence dashboard boasts tools used by over 100 of the world’s leading crypto institutions with expanded functionality.
Analysts from Moody’s and JPMorgan hailed the exchange for its strong reputation but said it wouldn't be enough to solve its profitability woes.
FTX (FTT/USD) is a crypto derivatives exchange that allows users to buy and sell a wide range of cryptocurrencies with low fees and leverage up to 20x.
FTX utilizes FTT, the native cryptocurrency token that is a part of the exchange, and it is utilized for the reduction of trading fees and can serve as collateral against future positions or can be staked to earn interest.
The FTX Pay Integration into Reddit Community Points as a catalyst for growthReddit has made an announcement that it will be integrating FTX Pay into Reddit Community Points.
Reddit has the main goal of encouraging better engagement across the platform, and with this new payment system, users will be able to buy Ethereum (ETH/USD) and pay for network fees.
According to the official Community Points website, these are points that will allow customization, encourage better content and unlock specific features.
The points are built on top of the Arbitrum Nova blockchain, and the “reputation” of users is seen on every platform the blockchain is recognized on.
The features will be supported throughout different markets, such as the U.S., E.U., and Australia.
Should you buy FTX (FTT)?On August 10, 2022, FTX (FTT) had a value of $29.54.
We will be analyzing the all-time high point of value, as well as its performance in July of the FTT cryptocurrency, to see how far it can grow.
The all-time high for the FTX (FTT) cryptocurrency was on September 9, 2021, at a value of $84.18.
When we go over the performance of FTT throughout the previous month, we can see that FTT had its lowest point of value on July 13 at $23.55.
Its highest point of value was on July 30 at $32.27. Here we can see that FTT increased by $8.72 or by 37%.
When we look at the token as a whole, we can see that FTT is a strong buy; which you can do here. as it can climb to a value of $38 by the end of August 2022.
The post FTX is integrating FTX Pay into Reddit’s Community Points, how will this impact FTT price? appeared first on Invezz.
Despite the plunge in the crypto market, Wells Fargo is confident in Silvergate’s digital assets business. The Wall Street said that strengths in Silvergate should help its shares rise and business grow. (Read More)
The infamous collapse of Terra may have hastened the creation of a supervision and control entity for virtual assets, which is set to launch in early June.
Weiss analysts are wary over the usage of volatile crypto assets as collateral for long-term property loans.
Square Enix, the Japanese gaming company, is pressing on with its vision of integrating blockchain elements into its games. In a recent interview, president Yosuke Matsuda talked about the importance of user-generated content and the advantages that allowing this kind of development, as well as introducing blockchain-based self-sustained economies, might bring to the future of […]
U.K. watchdog, the Financial Conduct Authority (FCA), has told firms running crypto ATMs in the country that they are operating illegally and must therefore shut down their machines. Operators that fail to heed the warning will face enforcement action, the FCA said. Crypto ATM Providers Operating Illegally The U.K. financial sector watchdog, the Financial Conduct […]
Blockchain research and marketing agency BDC Consulting is working on a Crypto Trust Rating to help investors make better decisions and avoid scams. The first part of the study is a survey where participants get a chance to win up to $1000. The survey round will run from March 11 to May 1, 2022. Why […]
Blockchain research and marketing agency BDC Consulting is working on a Crypto Trust Rating to help investors make better decisions
The post has appeared first on thenewscrypto.com
The proposed attempt by the Central Bank of Russia (CBR) to ban digital currencies and related operations in the country has been identified by Fitch Ratings as a double-edged move that has its ups and downs. (Read More)
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