Moody’s Warns of Potential Financial Disruption Spillover Beyond US Banking Sector

Roughly ten days ago, the credit agency Moody’s Investors Service downgraded the U.S. banking sector from “stable” to “negative.” In a recent update on Thursday, the company stated that there is still a risk to the U.S. economy. The managing director of credit strategy at Moody’s explained that the country “will be unable to curtail [...]

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Coinbase cut costs and bolstered rep, but profits remain challenged: Analysts

Analysts from Moody’s and JPMorgan hailed the exchange for its strong reputation but said it wouldn't be enough to solve its profitability woes.

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Weiss Ratings issues warning over crypto mortgage risks

Weiss analysts are wary over the usage of volatile crypto assets as collateral for long-term property loans.

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Russia's Crypto Ban Will Ease Risks But Limit Tech Diffusion: Fitch

The proposed attempt by the Central Bank of Russia (CBR) to ban digital currencies and related operations in the country has been identified by Fitch Ratings as a double-edged move that has its ups and downs. (Read More)

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List of the Best Wallets for Monero XMR

Monero (XMR) is the first cryptocurrency to utilize the CryptoNote protocol. Originally, Monero was released in 2014 as a fork of Bytecoin (BCN). The main feature of the Monero coin is the increased confidentiality of transactions. XMR is also characterized by low commission, fast confirmation of transactions, and infinite emission. The capitalization of Monero brings it closer to the 28th line in the general list of cryptocurrencies so far. Nevertheless, the coin is quite popular among crypto investors and traders; […]

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The Top 14 Best Ethereum Wallets (2021 Edition)

As time goes by, the new products appear on the crypto market. We've updated our list of the best wallets for Ethereum.

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Best Wallets For EOS Cryptocurrency

EOS is the native cryptocurrency of EOS.IO, a blockchain platform with smart contract capabilities. The project was developed by a company called Block.one, and its white paper was written by Daniel Larimer and Brendan Blumer. It was officially launched in January 2018, and has since amassed quite a following. The EOS ecosystem was designed as a platform for developers to build, host, and run decentralized applications (DApps). Its developers aimed to solve the age-old issues plaguing other blockchains that are […]

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JPMorgan Economists Discard Prior Recession Prediction, Foresee US Economic Resilience

JPMorgan’s economists have jettisoned previous predictions of an impending U.S. recession. Their chief U.S. economist, Michael Feroli, is confident that the American economy will maintain a modest but steady growth trajectory throughout the remainder of the current year and well into 2024. JPMorgan Foresees U.S. Economic Growth Amid ‘Ridiculous’ Fitch Downgrade and Recession Fears Echoing [...]

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Economist Peter Schiff Warns US Dollar Collapse ‘Inevitable’

Economist Peter Schiff has warned of an impending collapse of the U.S. dollar even though he sees Fitch’s downgrade of the U.S. rating this week as “meaningless.” While cautioning about a financial crisis and a crash, Schiff emphasized: “Given the trajectory of U.S. government deficit spending, a dollar collapse is inevitable.” Schiff on US Rating [...]

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Stablecoins Volume Down Despite Crypto Market Recovery, Ratings Agency Finds

Stablecoins, the digital assets designed to maintain a stable value, have long been viewed as a potential bridge between the cryptocurrency world and the traditional financial industry. However, recent developments have cast a shadow of uncertainty over their perceived stability.  As global policymakers continue to grapple with concerns about the crypto sector’s impact on the [...]

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White House, Yellen Slam Fitch’s US Rating Downgrade — Biden Officials Call It ‘Bizarre and Baseless’

Fitch Ratings has downgraded the United States’ debt rating. Biden officials call the downgrade decision “bizarre and baseless.” Both the White House and U.S. Treasury Secretary Janet Yellen strongly disagreed with the downgrade decision. Yellen claimed that the change by Fitch Ratings “is arbitrary and based on outdated data.” Fitch Downgrades US Rating Fitch Ratings, [...]

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