Central Banks Reduce US Dollar Swap Lines to Weekly Auctions Amid Moody’s US Banking Sector Downgrade

Central Banks Reduce US Dollar Swap Lines to Weekly Auctions Amid Moody's US Banking Sector DowngradeAfter the tumultuous downfall of three major banks, namely Silvergate Bank, Silicon Valley Bank, and Signature Bank, several central banks made a collaborative announcement of a swift, coordinated emergency response. The intervention aimed to furnish U.S. dollar liquidity, with the intention of alleviating the impact of such severe shocks on the flow of credit to […]

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Moody’s downgrades Coinbase due to bear: Warns it may not be the last

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.

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New Weiss Ratings for Cryptocurrencies Award No “A”s and Score Bitcoin a C+

New Weiss Ratings Show the Investment Potential of Major CryptocurrenciesFinancial ratings agency Weiss has just released its much-hyped cryptocurrency review. The eagerly-anticipated report rates 74 of the most popular cryptocurrencies on the market, scoring them from A to D. Such was the level of interest in the report, the company’s website was knocked offline as interest peaked on Wednesday morning. Weiss Ratings include some […]

The post New Weiss Ratings for Cryptocurrencies Award No “A”s and Score Bitcoin a C+ appeared first on Bitcoin News.

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