Search Results for: economic uncertainty

Former SEC Enforcement Chief: Coinbase’s Arguments ‘a Surefire Loser’ and Possibly Criminal

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According to John Reed Stark, crypto exchange Coinbase’s assertions that its business activities were endorsed by the U.S. Comisión Nacional del Mercado de Valores (SEGUNDO) when it approved its initial public offering are “a surefire loser.” According to Stark, the SEC’s approval of…

Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm

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Esta semana, the Statistics Bureau of Japan unveiled the latest core consumer price index (IPC) report for the country, revealing a surge to 3.5%. This figure comes as a surprise to analysts who had predicted a more modest 2.9% for the…

Ether’s Security Status Remains Unclear as SEC Chair Gensler Fails to Answer Lawmaker’s Question

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The chairman of the U.S. Comisión Nacional del Mercado de Valores (SEGUNDO), Gary Gensler, would not answer a direct question in a congressional hearing about whether ether is a security. While the SEC chair insisted that the law is clear on crypto, Congressman…

Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say

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Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. Al mismo tiempo, the cycle with the highest hikes may soon be over, the officials indicated. End of…

P2P Bitcoin Exchange Paxful Suspends Marketplace With Uncertainty of Return

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According to a message from Paxful Founder and CEO, Ray Youssef, the peer-to-peer bitcoin trading platform is suspending its marketplace, and the company is uncertain if it will return. Youssef cited challenges such as regulations and some key staff departures, pero…

El multimillonario Bill Ackman sobre la crisis bancaria de EE. UU.: "Temo que nos dirigimos a un accidente de tren"

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Billionaire Bill Ackman has warned that the U.S. economy is “heading for a train wreck” if the government allows the current banking crisis to continue. “Trust and confidence are earned over many years, but can be wiped out in a few…

Analysts Suspect Banking Crisis Triggered ‘Resting Bull Market’ in Gold, Silver Could Print Much Higher Gains

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At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 por unidad. Seven days later, gold rose 9.65% contra los estados unidos. dollar to the current spot price of $1,988 per ounce. Gold’s rise comes…

Xapo Bank Integrates Lightning Network Payments Through Lightspark Partnership

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En marzo 2, Xapo Bank announced its partnership with Lightspark, a company led by David Marcus, former crypto boss at Facebook. The partnership aims to extend the utility of bitcoin and the Lightning Network. Xapo revealed on Thursday that it is…

El gobierno indio introduce nuevas sanciones fiscales a las criptomonedas

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El gobierno indio ha introducido nuevas sanciones fiscales a las criptomonedas., incluso por falta de pago del impuesto criptográfico deducido en fuente (TDS). Para decepción de la comunidad criptográfica, La ministra de Finanzas, Nirmala Sitharaman, no mencionó las criptomonedas en su discurso sobre el presupuesto de este año.….

Cripto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens

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Equity markets began the day in the red following the latest corporate earnings reports from some of the world’s largest firms, including Microsoft. The tech giant’s recent conference call was considered disappointing, and earnings from firms such as Boeing, Texas Instruments,…