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First Republic Bank’s Shares Downgraded to Junk Status by S&P Global; Stock Slides More Than 25% Lower

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After UBS acquired Credit Suisse and close to a dozen financial institutions injected $30 billion into First Republic Bank four days ago, S&P Global downgraded First Republic’s shares to junk status on Sunday. Investors are concerned that the cash infusion from…

Publicly-Listed Bitcoin Miner Argo Blockchain Suspends Nasdaq Trading

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Bitcoin miner Argo Blockchain announced that it requested the suspension of trading its company shares on Dec. 27, as the company expects to make an announcement on Wednesday, 12月. 28, 2022. The company’s stock has lost 96.34% year-to-date and on Dec….

ビッグスリークレジットエージェンシー批評エルサルバドルのビットコイン採用— S&Pグローバルは「即時の否定的な影響」について警告します

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All of the ‘Big Three’ credit agencies have said that El Salvador’s adoption of bitcoin could affect the country’s credit rating in a negative manner. After both Moody’s and Fitch Ratings published reports on the matter in El Salvador, S&P Global…