Saturday, November 23, 2024
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What It Means if Companies Like Twitter Are ‘Systemically Important’ to Financial Regulators

When I first suggested Systemically Important Social Media Institutions (SISMIs) were the social media parallel to Systemically Important Financial Institutions (SIFIs), I did not expect the theory to be picked up by financial regulators.As it turns out, the New York Department of Financial Services (NYDFS) essentially agrees with the argument,

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Bitcoin at a Critical Juncture: Here’s Why $9K Is the Most Important Level For Bulls

Bitcoin is attempting to start a fresh increase above $9,000 against the US Dollar. BTC price could either rally above $9,000 or start another decline towards $8,400.Bitcoin is facing a major resistance near the $9,000 and $9,020 levels.The price is trading above the 100 hourly simple moving average, but struggling

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