Cryptocurrency Analysis and News Portal
“La preocupación es que cuanto más tarde esto, más autoridades nacionales quedarán atrapadas en diferentes marcos regulatorios”, escribió Aditya Narain, subdirectora del departamento de mercados monetarios y de capital del FMI, en un documento. En él, realizó un llamado para que la respuesta global sea coordinada, consistente e integral, para
Read More
Over the past few decades, the inequality of wealth distribution globally has become all the starker.For example, as of 2022, the top 10% of Americans hold nearly 70% of US wealth. This means that 90% of the country only takes home 30% of the wealth. South Africa is another example,
Read More
Following Russian president Vladimir Putin’s statements at the end of June that indicated members of the BRICS nations have formalized plans to create a new “international reserve currency,” Russia is reportedly building the foundations of a global gas cartel with Iran. Financial journalist and best-selling author Simon Watkins claims the
Read More
Will Global Regulations Stifle the Crypto Industry or Encourage New Users? Source
Read More
The BTC hourly chart below illustrates the time of the German PPI announcement, in conjunction with the drop in BTC prices. The decline came along with excessive volume for the 06:00 UTC hour, when compared to BTC’s 20-hour moving average. The decline also occurred within a price range with lower
Read More
Crypto exchange Huobi Global announced the suspension of derivatives trading in New Zealand. The statement from Huobi said the new restrictions against derivative offers are in light of compliance with local regulations. Users in New Zealand will no longer have access to derivative trading services, which include coin-margined futures and swaps,
Read More
Major American cryptocurrency exchange Coinbase saw its long-term issuer credit rating downgraded from BB+ to BB status by rating agency S&P Global following its latest earnings report this year.The agency confirmed the downgrade in a note on Thursday, pointing toward Coinbase’s weaker performance in the second quarter of 2022 as
Read More
"Competitive risk has intensified in the crypto exchange sector, with the company's market share decreasing this year," S&P Global wrote. "We believe that as a result of market share erosion and a higher risk of margin compression, cyclical variations (peak-to-trough changes in revenue, EBITDA, and EBITDA margin) for Coinbase have
Read More
Cryptocurrency adoption across the globe has been moving slower than most would like, but there is no doubt that there has been a lot being done so far. It started with El Salvador’s adoption of bitcoin as a legal tender, and it has spiraled from there. One thing that is
Read More
“Los pagos son uno de los primeros y más obvios casos de uso de las criptomonedas, aunque su adopción tiene mucho espacio para crecer”, Maximiliano Hinz, director general de Binance América Latina, dijo en un comunicado. “Al utilizar la Binance Card, los comerciantes siguen recibiendo fiat y los usuarios pagan
Read More