NOT Financial News

01.08 / 16:35

regulation UK government NOT FCA cracks down on the ads of high-risk assets, but not crypto

British Financial Conduct Authority (FCA) demands clearer and more prominent risk warnings from the companies marketing high-risk investments. Certain investment incentives, such as refer a friend bonus, will be banned altogether.

30.07 / 20:11

VISA Pope Francis NOT 'It’s not a catastrophe. You can change the pope': Pope Francis says he'll slow down or retire

Pope Francis acknowledged Saturday that he can no longer travel like he used to because of his strained knee ligaments, saying his weeklong Canadian pilgrimage was “a bit of a test” that showed he needs to slow down and one day possibly retire.

30.07 / 13:35

Fighting NOT If This Is a Recession, We Might Not Know for Months

As the Federal Reserve continues to raise interest rates in its fight against the highest inflation in more than four decades, economic indicators flash signs of a slowdown and questions abound over what is a recession and whether the U.S. has entered one.

30.07 / 00:35

Government regulation NOT Deposits at non-bank entities, including crypto firms, are not insured — FDIC

The United States Federal Deposit Insurance Corporation, or FDIC, has issued an advisory informing the public it “does not insure assets issued by non-bank entities, such as crypto companies.”

29.07 / 11:52

recovery NOT Recession or Not, the Recovery Has Ended

Whether a recession is eventually declared, the message from the latest economic data is just as sobering: The recovery is, effectively, over.

29.07 / 11:48

UPS Provident CoinMarketCap Santiment NOT Lido DAO: Decoding how $14.5m rejection could not stop 35% rally

Lido DAO Token [LDO] is back to doing what it has done for its investors—make their profits. The altcoin, also the native token of crypto staking provider, has been on top of performance in the last 24 hours. At press time, LDO had registered a 35.57% price increase from its previous day’s high.

28.07 / 12:35

Ethereum MARKET proof-of-work NOT Vitalik Buterin says The Merge is Not 'Priced in' as Investor Promises to Fork Ethereum

Ethereum (ETH) co-founder Vitalik Buterin argued that The Merge is not "priced in," not only in market terms, but also in psychological narrative terms. Meanwhile, a well-known investor has voiced his plans to fork Ethereum.

28.07 / 02:25

Citi Racing politician NOT City’s top politician wants next PM to fix EU relations: ‘We should not see them as an enemy’

The winner of the race to become the UK’s next prime minister should try to improve relations with the European Union, the City of London Corporation’s top official said.

28.07 / 00:23

DOW Fighting NOT Fed Chair Jerome Powell said he does not think the U.S. is currently in a recession

Federal Reserve Chairman Jerome Powell said Wednesday he does not believe the U.S. economy is in a recession as the central bank raised rates further to fight inflation.

26.07 / 15:27

privacy Central Bank Cash China CBDC NOT Official explains why China CBDC should not be as anonymous as cash

China’s central bank digital currency (CBDC) should not be as anonymous as cash, the head of the People’s Bank of China (PBoC) digital currency institute declared.

26.07 / 09:53

cryptocurrency NOT What Crisis? Not All Gloom And Doom, Venture Capitalists Bet Big On Crypto

Cryptoverse: What crisis? Venture capitalists bet big on crypto

25.07 / 11:59

VISA NOT Bill Browder: Western sanctions on Russia are ‘still not enough’

After being unceremoniously booted out of Russia in 2005 for lifting the lid on widespread corruption and the beating to death of his lawyer, Sergei Magnitsky, in a Moscow jail in 2009, Bill Browder vowed to make it his life’s mission to pursue justice.

25.07 / 05:57

business Stablecoin Adoption DAI NOT Stablecoin projects need collaboration, not competition: Frax founder

Stablecoin projects need to take a more collaborative approach to grow each other’s liquidity and the ecosystem as a whole, says Sam Kazemian, the founder of Frax Finance.

25.07 / 02:23

NOT Regulators must be more accountable — and not just to government

The independence of the UK’s financial regulators is widely seen as one of the attractions of London as a financial centre. So the government’s idea of allowing ministers to overrule regulatory decisions has made many commentators uneasy.

23.07 / 17:59

business Technology GPU Bitcoin NOT Not just Bitcoin price: Factors affecting BTC miner profitability

The ongoing cryptocurrency bear market has triggered a massive decline in Bitcoin (BTC) mining profitability as BTC mining expenses outpace the price of Bitcoin.

22.07 / 17:45

UPS NOT Travel spending is back, and it's not just consumers, American Express earnings show

Spending on travel and entertainment came roaring back in the second quarter, and it wasn't just consumers making the purchases, according to the latest results from American Express.

22.07 / 13:21

Tesla Bitcoin Holdings bitcoin holdings NOT Tesla sells 75% of its Bitcoin holdings, expert say Musk did not fancy it much

Tesla Inc has trimmed its Bitcoin stake by one fourth, the renowned electric car manufacturer disclosed in its earnings for the quarter ended June 2022. In a shocker to the crypto world, Elon Musk's company revealed that it has converted about 75 per cent of its Bitcoin holding into fiat currency, which added about $963 million to its balance sheet. However, the automobile major in February 2021, had announced that it had invested about $1.5 billion in Bitcoin but subsequently sold 10 per cent of its stake in April, just two month later.

20.07 / 15:51

cryptocurrency WazirX coindcx Crypto Exchange NOT 'India should not lose out on benefits of crypto', say experts after RBI, FM's red-flags

India should not deprive itself from the benefits of cryptocurrencies, experts said, a couple of days after Union Finance Minister Nirmala Sitharaman reiterated the Reserve Bank of India's apprehensions on the unregulated virtual currencies.

20.07 / 11:13

UPS Moonshot NOT Generation moonshot: Why young investors are not ready to give up on risk

Madison Darbyshire in New York Even amid a meltdown in crypto markets, DIY traders who came of age after the financial crisis no longer want to play by the old rules With $1,000 in savings and two US government stimulus checks, Chris Zettler began investing in 2020. First he bought companies he knew, he says, “but then I got bored with it”.

20.07 / 09:37

cryptocurrency NOT Is Gari's crash India's own Luna in the making? Experts say perhaps not!

The token's market cap slumped to the $4.4 million mark, as per the data from coinmarketcap, with volumes at more than $8 million, about 1.8 times the entire m-cap. The total and maximum supply of Gari tokens is capped at 1 billion, with its total existing self-reported supply is about 45.8 million tokens, according to the data.

20.07 / 06:15

Government regulation AML NOT Japan's crypto self-regulation 'experiment' not working

Japan’s self-regulation “experiment” for the crypto industry is reportedly not working as well as intended, according to local government and industry experts.

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