Friday, March 29, 2024
Home > Uncertain

Moody’s downgrades Coinbase citing ‘uncertain magnitude’ of SEC charges

Credit ratings agency Moody's has downgraded its rating of Coinbase from “stable” to “negative” following the SEC’s legal action against the crypto exchange for allegedly operating as an unregistered securities broker.In a June 8 statement, Moody's said the downgrade was due to concerns about the impact of the SEC action

Read More

Fed Chair Warns of ‘Uncertain and Adverse’ Consequences of US Debt Default — ‘We’d Be in Uncharted Territory’ – Bitcoin News

Federal Reserve Chairman Jerome Powell has warned of “highly uncertain and adverse” economic consequences if the U.S. defaults on its debt obligations. “No one should assume that the Fed can protect the economy from the potential short and long-term effects of a failure to pay our bills on time,” he

Read More

Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector – Mining Bitcoin News

The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining cryptocurrency in the country. The news comes amid growing regulatory pressure that is limiting the industry’s access to low-cost energy while increasing its tax burden. Miners Face Higher Expenses, More Challenges Under New

Read More

SEC’s staking crackdown has uncertain consequences for DeFi: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The United States Securities and Exchange Commission’s (SEC) crackdown on crypto-staking services could lead to uncertain consequences for the DeFi ecosystem.Cybercriminals used various methods to

Read More

Bitcoin meets FOMC after 39% January gains with Fed path ‘uncertain’

Bitcoin (BTC) hovered around $23,000 on Feb. 1 after sealing its best January performance in ten years.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewEnd of Bitcoin bear market is "default view"Data from Cointelegraph Markets Pro and TradingView confirmed a monthly close of around $23,100 for BTC/USD — its highest since July

Read More