2023-3-14 14:01 |
Traders seek options to hedge against market volatility as U.S. bank failures triggered sharp repricing of interest rate expectations. origin »
2023-3-14 14:01 |
Traders seek options to hedge against market volatility as U.S. bank failures triggered sharp repricing of interest rate expectations. origin »
The Federal Reserve Bank of New York said in a February 9 report that Bitcoin performs more kin to a precious metal like gold but warns that it can never replace the US dollar due to volatility. Using a quantitative methodology known as principal components analysis, the researchers examined the price of Bitcoin around intraday changes […] The post New York Fed says Bitcoin shares most features of ‘a store of value’ appeared first on CryptoSlate.
2023-2-10 01:27 | |
Finance CEOs welcomed new crypto regulations but were wary about the risks of a central bank digital currency.
2023-2-7 14:36 | |
The banking behemoth HSBC announced in September last year that it will not offer crypto services. Its CEO at the time, Noel Quinn, was concerned about the “sustainability” of crypto prices, and the bank was more “negative” than other institutions on the digital asset class, citing the volatility of cryptocurrencies. “As a bank, we’re not […]
2023-2-1 15:20 | |
The bank is looking to preserve capital as it navigates recent volatility in the crypto industry.
2023-1-27 16:10 | |
Cryptocurrency, volatility and the risks therein. What’s crypto’s long-term viability, including the impact of decentralised finance (DeFi). Are Central Bank Digital Currencies (CBDCs) evidence that crypto is here to stay? Since the introduction of the first cryptocurrency transactions and digital tokens in the 1990s following their democratisation in the 2010s, the current crisis in the […] The post The global crypto meltdown: Is it the end or just a new start? appeared first on CoinJournal.
2023-1-25 21:07 | |
Bitcoin price touched a high of nearly $18,400 in anticipation of today’s Federal Reserve meeting, where the US central bank was expected to raise interest rates by 50 basis points. Volatility picked up as the Fed meeting commenced, with Bitcoin suffering a sudden pullback to $17,700.
2022-12-15 23:55 | |
Signature Bank, a New York-based bank, plans to reduce deposits around cryptocurrencies Due to the ongoing volatility in the cryptocurrency market. Signature Bank's stock plummeted by 50% The post Assessing the 'why' behind Signature Bank's move to limit cryptocurrency exposure appeared first on AMBCrypto.
2022-12-7 16:30 | |
Bitcoin traders will have to be data-dependent, just like the central bank.
2022-8-31 17:34 | |
While making a case for digital euro, Bank of Finland governor Olli Rehn said that CBDCs won't be subject to price volatility of private cryptos.
2022-8-24 11:15 | |
The Bank of England, in a report, has made claims that the sharp volatility of crypto assets gives the asset class the potential to pose a “systemic risk” to financial stability within the country.
2022-7-15 17:09 | |
The central bank said the growth of the crypto market did not pose an “immediate threat” to the United Kingdom’s financial system, but had the potential to do so in the future.
2022-7-5 19:30 | |
Concerns about stablecoins following UST’s collapse have exacerbated declines in digital asset prices, the bank said.
2022-6-8 12:19 | |
Another European authority is hinting at regulations and issues warning about volatility and instability of cryptocurrency industry
2022-5-24 18:02 | |
Bitcoin and altcoins declined sharply in the first quarter in a selloff that was partly triggered by a shift in central bank policy.
2022-5-10 20:00 | |
The head of the Russian Central Bank once again voiced the regulator's skepticism towards cryptocurrencies due to their high volatility. Earlier, the State Duma confirmed that they are discussing a complete ban on investing in bitcoin.
2021-12-18 15:12 | |
Bank of England Governor Andrew Bailey has expressed concerns about El Salvador making bitcoin its legal tender, considering the risk related to the cryptocurrency. This comes just days after President Nayib Bukele announced plans to build a “Bitcoin City” powered by the Conchagua volcano and funded by Bitcoin bonds.
2021-11-27 16:04 | |
In February, the CBN banned banks from servicing crypto exchanges in the country, citing concerns including volatility, money laundering and the financing of terrorism.
2021-11-8 19:15 | |
Volaris, a low-cost airline, will start accepting Bitcoin in El Salvador to become the world’s first carrier to support cryptocurrencies, said El Salvador President Nayib Bukele at an event and on Twitter.
2021-10-21 21:56 | |
Bitcoin, the largest cryptocurrency by market valuation and obviously the most publicized has also been largely adopted by investors and enthusiasts. However, some institutional investors have been slow to bank on the asset class due to fears of the asset’s high volatility which has been noted to be between 60% and 100% over its lifetime […]
2021-8-5 18:49 | |
The rapid price appreciation of Bitcoin, Ethereum, and other crypto-assets is enough evidence that many investors are willing to take more investment risks. Bank of England published a report on the country’s financial stability noting that the increased risk appetite in crypto assets has also caused their high volatility. The fact that many institutions want […]
2021-7-15 17:37 | |
South Korean Deputy Prime Minister, Hong Ham-ki, recently spoke about the cryptocurrency industry, with a particular focus on the CBDCs, noting that a central bank digital currency could act as a cryptocurrency if implemented.
2021-6-30 15:19 | |
Nigerian Finance Minister Zainab Ahmed has denied widespread reports that the Central Bank of Nigeria (CBN) had sanctioned the devaluation of the local currency sometime in May 2021. Instead, she attributes the naira’s fall to the “volatility in the oil price.
2021-6-15 21:00 | |
The BOJ governor says Bitcoin is a speculative play, while issuing warnings over price volatility.
2021-5-28 15:50 | |
The vice president of the European Central Bank (ECB), Luis de Guindos, has warned that crypto assets are “not a real investment” and are “subject to a lot of volatility. ” His comments followed massive sell-offs across a broad range of cryptocurrencies.
2021-5-20 03:30 | |
Nigerians are thought to be accumulating foreign currencies which they believe will protect their wealth from the naira’s volatility as well as the surging inflation. Further, as a research paper in a journal published by the Central Bank of Nigeria (CBN) found, Nigerians’ use of dollars exceeds IMF’s 30% threshold. Exchange Rate Volatility and Currency […]
2021-4-23 13:30 | |
JP Morgan says that bitcoin’s volatility has decreased in recent weeks, making the cryptocurrency more appealing to institutional investors. The investment bank has also revised its bitcoin price target to $130,000.
2021-4-6 01:30 | |
The Bank of Thailand has warned against the use of THT stable coin via a circular. Stablecoins currently have a market cap of over $53 billion. Stable coins provide a means to hold digital assets without worrying about their inherent volatility.
2021-3-18 17:57 | |
Lee Ju-yeol, South Korea’s central banking chief, has slammed Bitcoin for its volatility. Several policymakers have also criticized Bitcoin, following a week of extreme volatility in the asset’s price.
2021-2-25 22:51 | |
Bank of Korea Governor Lee Ju-yeol has expressed skepticism over the recent crypto rally, stating that the bank is progressing with a digital currency project.
2021-2-23 11:47 | |
But certain risks, such as trust, volatility, and regulatory clarity, need to be addressed first. The post Bank of Singapore’s Chief Economist Says Cryptocurrencies Could Edge Out Gold first appeared on BitcoinExchangeGuide.
2021-1-25 19:43 | |
Barclays exec. Gerald Moser is warning investors to refrain from holding Bitcoin due to its volatility. The post Barclays Bank Executive Bashes ‘Uninvestable’ Bitcoin for Its Volatility first appeared on BitcoinExchangeGuide.
2021-1-22 23:01 | |
The number of addresses on Bitcoin’s “rich list" is reaching new highs while another firm is putting its cash reserves into bitcoin, not a bank account.
2020-8-26 19:08 | |
US bank Wells Fargo, which previously banned its clients from buying Bitcoin and other digital currencies due to “high volatility and risks,” is being sued by a former employee who charges it with mismanaging its 401k plan.
2020-3-19 15:00 | |
The Fed is piling in dollars with no intrinsic value to “help” bank liquidity in the wake of coronavirus volatility
2020-3-7 11:48 | |
London-based blockchain firm Saga announced the launch of its Saga token (SGA). The digital unit represents a global currency that complies with regulators’ requirements. Saga Advised by Nobel Prize Winner, Former Bank of Israel Governor The currency is backed by a basket of fiat currency to avoid high volatility.
2019-12-11 17:53 | |
“Now that we're public, we have more efficient access to capital to support our growth,” Silvergate Bank CEO Alan Lane said in an interview.
2019-11-22 13:00 | |
Ripple CEO, Brad Garlinghouse has been pioneering global crypto adoption via Ripple- traditional bank partnerships to enable faster cross border payments. While speaking about Ripple’s recent accomplishments at the Economic Club Of New York, the innovator explained how the XRP Ledger has been created to solve Bitcoin’s scalability issues.
2019-10-9 07:30 | |
During the FiNext Conference in USA, Ripple’s Director of Corporate Payments, Ryan Gaylor, claimed that bank coins like JP Morgan’s do not fix the ailing issue of centralization as opposed to XRP, reported VisionaryFinanc.
2019-8-31 23:00 | |
The European Central Bank (ECB) has recently emitted a new report on the cryptocurrency market. This time, the banking institution approached the issues with stablecoins. The latest report touches on questions such as whether stablecoins can be a solution for the volatility of the crypto market and whether or not they have dangers related to […]
2019-8-30 22:54 | |
The Dow and broader U. S. stock market hastened their declines Monday, with intraday volatility reaching its highest level in nearly eight years after the People's Bank of China effectively weaponized its exchange rate.
2019-8-6 22:03 | |
In Argentina, performing international bank transactions can be problematical and expensive, particularly international money transfers. To overcome these issues, Banco Masventas, a provincial bank, now offers Bitcoin-based money transfers.
2019-7-26 10:54 | |
The Financial Action Task Force (FATF) is set to release new rules and guidelines regarding the cryptocurrency market. Per a report on Bloomberg on June 11, 2019, the upgraded guidance seeks to apply bank rules to the innovative sector.
2019-6-12 11:00 | |
Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services. These and many more such statements exist across the internet.
2019-6-1 21:48 | |
The head of the central bank of Russia says she does not want to legalize Bitcoin and other cryptocurrency as a payment method – because of risk and volatility. Bitcoin Has ‘Big Risks’ Speaking to the country’s parliament, the Duma, about the Bank of Russia’s impact over 2018, Elvira Nabiullina continued an increasingly bearish stance on cryptocurrency.
2019-5-31 12:00 | |
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
Bitcoin is surely controversial, there is no discussion about that. While some people call it digital gold, others call it a scam. While we can attest its value, this is far from being a popular opinion among people who do not know BTC very well.
2019-5-1 03:55 | |
By CCN: Dave Ramsden, deputy governor for markets and banking at the Bank of England, said in an interview with CNBC that crypto assets like bitcoin are too volatile to be a store of value and they do not meet the principles of currency.
2019-5-1 03:00 | |
Last week, there was a panel at SXSW that was effectively a debate on the merits of permissioned blockchains versus permissionless systems like Bitcoin. I listened to the entire audio of the panel discussion, after Programming Bitcoin author Jimmy Song tweeted it out the other day, and I thought he did an awesome job of pointing out the key value proposition of Bitcoin and why it is not worth comparing to permissioned systems.
2019-3-23 17:29 | |
Crime isn’t supposed to pay, but sometimes the wages of sin are paid in bitcoin. Last week, Japanese police reported that 2018 saw a tenfold increase of cryptocurrency money laundering.
2019-3-20 16:49 | |