Stablecoin Hype Overblown? Moody’s Says Banks Aren’t In Danger
A bill meant to bring order to the US crypto market is stuck in Congress, caught between two powerful groups that cannot agree on one key question: should stablecoins be allowed to pay interest? Related Reading: Ceasefire Drama Escalates—Trump Points Finger At Iran, Bitcoin In Focus Banks And Crypto In A Legislative Standoff The Digital […]
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At least one vessel that came under fire while trying to leave the Strait of Hormuz may have been acting on fraudulent instructions — directions that came not from Iranian officials, but from criminals posing as them. Related Reading: Stablecoin Hype Overblown? Moody’s Says Banks Aren’t In Danger Maritime risk firm Marisks flagged the possibility […]
To put this into numbers people can understand, Deutsche Bank’s market leverage ratio is 96%. This makes them one of the world’s riskiest banks to deal with. Things continue to evolve in the wrong direction for Deutsche Bank in recent months. After being hit with large files several times in a row, there have been questions regarding the liquidity of this bank. Moody’s has issued a new warning about Deutsche Bank, stating how the institution is getting near its “default point.” That may be the last thing investors of the bank want to hear right now. To put the news into perspective,....
Moody’s said further downgrades could follow if Coinbase doesn’t diversify from its current revenue model or it's unable to turn a profit even in a prolonged bear market. Credit ratings agency Moody’s has downgraded the Corporate Family Rating (CFR) and guaranteed senior unsecured notes of crypto exchange Coinbase, and stated that both ratings have been placed under review for further downgrade.The CFR, a rating assigned to reflect Moody’s opinion of a company’s ability to honor its financial obligations, was downgraded from Ba2 to Ba3 which is considered as below non-investment....
A consortium of major European banks has formed Qivalis, a new entity in Amsterdam to launch a euro-pegged stablecoin in 2026. A Tenth Bank Has Now Joined The Euro Stablecoin Consortium Back in September, nine big European banks announced a consortium aimed at developing and launching a euro-based stablecoin, a digital asset that will have […]
Hyperliquid’s native token, HYPE, pushed to a fresh all-time high near $63 on Thursday, while Zcash (ZEC) also continued working its way toward its current record levels. HYPE’s momentum has been especially strong over the longer view compared to its market peers, recording about a 45% gain on the monthly time frame. Zcash has been […]