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Financial Instability

6 Indicators of Economic Trouble: Is a US Recession on the Horizon?

6 Indicators of Economic Trouble: Is a US Recession on the Horizon?At the end of the week, U.S. equities experienced a sharp decline, which reverberated through the cryptocurrency market, reducing its value from $2.4 trillion to $2.09 trillion since July 29. Recently, discussions have intensified around the likelihood of an impending U.S. recession, with a soft landing seemingly off the table. Below are six distinct indicators […]

Justin Sun Denies Liquidation Rumors, Announces $1 Billion Fund to Combat FUD

‘Dr. Doom’ Nouriel Roubini Warns of Looming Banking Crisis and Trilemma for Central Banks

‘Dr. Doom’ Nouriel Roubini Warns of Looming Banking Crisis and Trilemma for Central BanksEconomist Nouriel Roubini has shared his opinion about bank problems in the United States in a recently published opinion editorial. In the article, Roubini insists that “most U.S. banks are technically near insolvency, and hundreds are already fully insolvent.” Roubini: ‘Liquidity Support Cannot Prevent This Systemic Doom Loop’ The renowned economist Nouriel Roubini, also known […]

Justin Sun Denies Liquidation Rumors, Announces $1 Billion Fund to Combat FUD

Report: Kenyan and Nigerian Central Bankers Attack Cryptocurrencies but Endorse CBDCs

Report: Kenyan and Nigerian Central Bankers Attack Cryptocurrencies but Endorse CBDCsCryptocurrencies are very unstable for them to become a widely used method of payment, the Nigerian and Kenyan central bankers have reportedly said. In addition, the bankers claim that cryptocurrencies also pose a risk to financial stability. Narrowing the Financial Exclusion Gap The Nigerian and Kenyan central bankers have said cryptocurrencies are too volatile to […]

Justin Sun Denies Liquidation Rumors, Announces $1 Billion Fund to Combat FUD

Economics Professor Warns ‘Cryptocurrencies May Contribute to Monetary and Financial Instability’

Economics Professor Warns ‘Cryptocurrencies May Contribute to Monetary and Financial Instability’Cornell University’s professor of economics and former head of the IMF’s China division, Eswar Prasad, has warned that “Cryptocurrencies may contribute to monetary and financial instability.” He added that the risk is amplified if the industry is unregulated and lacks investor protection. Economist Sees Crypto Posing Risks to Financial Stability Eswar Prasad, the Nandlal P. […]

Justin Sun Denies Liquidation Rumors, Announces $1 Billion Fund to Combat FUD