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Reserve Bank of India ranks crypto near the bottom of systemic risks despite harsh criticism
  • ZHIYUAN SUN
  • 1 Jul, 2022

Reserve Bank of India ranks crypto near the bottom...

In its latest financial stability report published on Thursday, the Reserve Bank of India, or RBI, reiterated its skepticism of digital assets, writing:  "We must be mindf... Read More
Citi calls out potential risks of crypto-backed mortgages and benefits of metaverse property
  • TURNER WRIGHT
  • 30 Jun, 2022

Citi calls out potential risks of crypto-backed mo...

Investment banking giant Citigroup has released research on how property technology could affect the housing market, mentioning virtual estate in the metaverse and cryptocurrency-backed... Read More
TA: Ethereum Topside Bias Vulnerable If It Continues To Struggle Below $1.2K
  • Aayush Jindal
  • 29 Jun, 2022

TA: Ethereum Topside Bias Vulnerable If It Continu...

Ethereum declined below the $1,150 zone against the US Dollar. ETH is now at a risk of more losses if it stays below the key $1,200 pivot zone. Ethereum started a fresh decline below... Read More
'Crypto is just like the end of the 90s with the internet bubble,' says Hodl CEO Maurice Mureau
  • ZHIYUAN SUN
  • 28 Jun, 2022

'Crypto is just like the end of the 90s with the i...

For Maurice Mureau, CEO of crypto investment fund operator Hodl, there's "not a lot left" to invest in anymore. With soaring inflation, bonds are no go, real estate is ge... Read More
Tencent falls 2.5% as Prosus, Naspers say to gradually sell shares
  • Reuters
  • 27 Jun, 2022

Tencent falls 2.5% as Prosus, Naspers say to gradu...

HONG KONG (Reuters) -Shares of Chinese internet gaming and social media giant Tencent Holdings (OTC:TCEHY) Ltd gave up early gains to fall as much as 2.5% to HK$374.60 in the early after... Read More
Ukraine suffers major setback after fall of Sievierodonetsk
  • Tom Balmforth and Marko Djurica
  • 26 Jun, 2022

Ukraine suffers major setback after fall of Sievie...

KYIV/POKROVSK (Reuters) - Ukraine special forces remained in Sievierodonetsk directing artillery fire against Russian-backed troops, said an adviser to Ukraine's president, after the... Read More
Fed says U.S. banks can weather severe downturn comfortably
  • Pete Schroeder and Michelle Price
  • 24 Jun, 2022

Fed says U.S. banks can weather severe downturn co...

WASHINGTON (Reuters) -The largest U.S. banks on Thursday easily cleared the Federal Reserve's annual health check, in a vote of confidence for the sector amid signs the U.S. economy co... Read More
Dollar languishes amid lower U.S. yields as recession fears mount
  • Kevin Buckland
  • 23 Jun, 2022

Dollar languishes amid lower U.S. yields as recess...

TOKYO (Reuters) - The U.S. dollar remained under pressure on Thursday as it looked set to extend declines against major peers to a fourth day, hurt by Treasury yields wallowing near two-... Read More
BIS compares projects to transfer central bank digital currencies across borders
  • DEREK ANDERSEN
  • 22 Jun, 2022

BIS compares projects to transfer central bank dig...

The Bank of International Settlements (BIS) Innovation Hub released a report Tuesday looking at four projects that examined wholesale central bank digital currency (CBDC) transfers acros... Read More