Friday, April 26, 2024
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De-Risking or Decoupling? China- US Bilateral Trade Falls More Than 10% This Year – Economics Bitcoin News

Analysts have criticized the new ‘de-risking’ strategy that the U.S. is currently using against China, explained by U.S. National Security Advisor Jake Sullivan in April, clarifying that national security was over economic costs. These de-risking policies might affect bilateral trade, which fell by 11.2% to $217.9 billion during the first

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‘De-risking’ Crypto Firms Potentially Creates ‘Opacity in Financial Conduct’ – Regulation Bitcoin News

According to the latest guidance note issued by the South African banking sector regulator, Prudential Authority, risk assessment does not mean financial institutions should avoid or eliminate risks via the wholesale termination of client relationships with entities such as crypto asset service providers. Instead, the regulator wants financial institutions to

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Bitcoin network transactions and fees surge amid investor de-risking

The number of transactions on the Bitcoin network has spiked over the past week, which blockchain analysis firm Glassnode suggests are ‘urgent’ transactions due to investors de-risking.A sudden influx of 42,800 transactions hit the mempool on Bitcoin (BTC) last week. Glassnode’s chief analyst says these were likely "urgent" transactions due

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Calls for Bitcoin Breakdown Grows amid Global De-Risking Sentiment

A breakdown below the Descending Triangle support can technically send Bitcoin towards $20,000. Source: BTCUSD on TradingView.com A breakdown below the Descending Triangle support can technically send Bitcoin towards $20,000. Source: BTCUSD on TradingView.com Short-term fundamentals favored bears. Bitcoin’s rebound from $30,000 came when the US stock market logged its worst one-day performance

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