Bitcoin Could Fall Due to Israel-Hamas Tensions, Traders Worry
Several analysts have weighed in on the impact of the ongoing conflict on crypto markets, particularly bitcoin. Source
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Worry
Binance Could Face U.S. Fraud Charges, but Prosecutors Worry About Risk of Bank Run: Semafor
But federal prosecutors fear an indictment could trigger a run on deposits at Binance, causing the exchange to crumble like FTX did last fall. They are weighing alternatives such as “fines and deferred or non-prosecution agreements,” sources told the publication. Source
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Is the Worry Over Worldcoin Warranted?
No crypto project since Facebook's Libra has generated such hue and cry from within the crypto community. Is it right to be concerned by Sam Altman's iris-scanning uber-ambitious UBI project? Source
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Regulatory hurdles and market volatility worry crypto investors
In a recent video by Crypto Banter, notable crypto investor Ian Balina expressed apprehension about the future of cryptocurrency in the US, with the recent regulatory pressures considered a major concern. Balina, along with other key players in the industry, see this development as part of the disruptive evolution of a
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First Mover Americas: Bitcoin Slumps Back to $27K on Fed Worry
The latest price moves in bitcoin (BTC) and crypto markets in context for May 31, 2023. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
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Should We Worry About Tether’s Bitcoin-Buying Plan?
With the new bitcoin-buying plan, announced about a week after the attestation, Tether joins the ranks of a number of institutional behemoths hoovering up BTC. Notably, MicroStrategy, the publicly-traded tech firm that after nearly two years of dollar cost averaging now essentially trades as a backdoor bitcoin exchange-traded fund (ETF),
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Coinbase Stock (COIN) Jumps 16% Post-Earnings; Analysts Praise Results but Worry About Regulatory Uncertainty
“Overall, we were pleased with the result and would characterize the near-term financial outlook as a modest positive to expectations,” Devin Ryan, JMP Securities financial technology research director, wrote in a note to investors. “Given the continuation of a challenging environment, coupled with all the regulatory headlines, it was nice
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First Republic Bank (FRC) Losses Over 60% in Shares as Investors Worry Over Financial Strength Following SVB’s Collapse
Shares of First Republic Bank (FRC) have been in the red for the past year, shedding more than 48% in the last twelve months. The shares of American foreign exchange company First Republic Bank (NYSE: FRC) plunged over 60% in pre-market trading due to investors’ worries about its financial strength.
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Bitcoin Price Falls Back Towards Week's Low on Inflation Worry
The PCE price index – the Fed's favored inflation indicator – for January unexpectedly rose to 5.4% Original Source
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Bitcoin Tumbles From Multi-Month High on DOJ Worry, Hawkish Fed
Bitcoin has slumped back to $20,880 just hours after surging to a four-month high of $21,550. Source
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