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BoE Governor asks firms to stop price rises or risk higher inflation
Bank of England Governor Andrew Bailey has asked businesses to stop hiking commodity prices to calm the country’s economic crisis. He said that further price hikes would risk higher bank rates.
Deutsche Bank latest in banking crisis contagion?
Deutsche Bank shares have retreated for a third day, losing over a fifth of their value in a month. The share prices fell by over 9% in early trade markets on March 24, 2023.
Do Kwon reportedly arrested in Montenegro?
Reports are surfacing that Terra Ecosystem co-founder and CEO, Do Kwon may have been arrested in Montenegro while trying to use falsified details to enter the country.
US SEC warns Coinbase of possible charges
The US SEC has issued a Wells notice to crypto exchange Coinbase over its crypto staking services. A Wells notice always comes before this regulator legally presses charges.
Gamestop (GME) reports a profit-squeezing shorters
GameStop has released a positive Q4 financial report, shocking many short-sellers as its shares skyrocketed. The company’s stocks had been on almost a free fall over the past few months, but the trend seems to be reversing now.
Crypto’s Influential Fear
All successful technologies in the past few decades experience five major waves. Crypto is nearing wave five. Unlike other major technologies, Crypto is unique in that not only does it tie technology to finance, but it also represents a major paradigm shift in our...