2023-8-2 01:12 |
Fitch downgraded the U.S. credit rating to AA+. A similar downgrade by S&P in early August 2011 had cratered risk assets, including bitcoin.
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The collapse of Silicon Valley Bank and news that Circle, the issuer of USDC, was exposed to the tech lender has caused reverberations across the stock and crypto markets. However, could Moody’s rating downgrade of SVB have accelerated the bank crash? Moody’s Rating Of SVB Moody’s Investors Service downgraded the credit ratings of SVB Financial Group and its subsidiary, Silicon Valley Bank.
2023-3-13 14:33 | |
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Raymond James is the latest Wall Street firm to cut its rating on the stock, following Morgan Stanley’s move earlier this week.
2022-12-8 19:17 | |
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Bank of America has had a buy rating on Coinbase throughout its long decline this year, but threw in the towel on Friday with a downgrade to neutral.
2022-11-18 17:08 | |
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“Policy unpredictability” and “adoption of Bitcoin as legal tender” are part of the reasons why the country has received a downgrade from Fitch.
2022-2-11 12:40 | |
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Bitcoin started the week on a positive note after an unusually volatile weekend by recent standards. The BTC/USD price temporarily reached a local high of over $12,000. The eventful weekend was preceded by a credit-rating downgrade from Fitch who placed a “negative outlook” on the United State’s triple-A rating on Friday.
2020-8-4 22:43 | |
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Coinspeaker Morgan Stanley Demotes Roku as Investors Abandon Momentum StocksEven though Roku has performed impressively this year, Morgan Stanley has decided to downgrade the company’s stock rating.
2019-12-4 19:07 | |
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The latest hit for troubled airplane maker Boeing (NYSE: BA) is an analyst downgrade by Credit Suisse. The Wall Street firm lowered its rating on Boeing’s (BA) stock to Neutral with a $323 price target, which reflects a 2% decline from where the stock is currently trading.
2019-10-21 20:02 | |
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Weiss Ratings Downgrades EOS Rating EOS’s technology score has been downgraded by Weiss Ratings after several months in which the network didn’t do anything to improve its centralized network. According to Weiss Ratings, it is now up to Cardano (ADA) to launch a truly decentralized Proof-of-Stake (PoS) blockchain. EOS DOWNGRADE: #EOS has serious problems with […]
2019-6-8 19:36 | |
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Amazon decided to shut down its experimental artificial intelligence (AI) recruiting tool after discovering it discriminated against women. The company created the tool to trawl the web and spot potential candidates, rating them from one to five stars.
2018-11-10 11:20 | |
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The attacker who targeted Curve Finance, a decentralized finance (DeFi) protocol, has begun returning some of the stolen funds. The attacker sent 4,821 Ethereum (ETH), worth approximately $9 million, in a series of transactions to Alchemix Finance, one of the victims.
Curve Finance’s native token CRV has recovered from a 6-month low, and many believe that the news of Huobi co-founder Jun Du buying CRV tokens has contributed to it. Jun Du bought 10 million tokens valued at $4 million from Micheal Egorov, founder of Curve.
In the last three days, the DeFi sector has seen an 8% decline in the total value of locked assets (TVL), falling to $40. 31 billion, as per DeFiLlama data. As of July 30, DeFi projects TVL stood at $43.
PLUS: Bitcoin dominance sagged in July, absent a compelling BTC catalyst, and as altcoins seemed to benefit from a partial Ripple court victory.
Fitch downgraded the U.S. credit rating to AA+. A similar downgrade by S&P in early August 2011 had cratered risk assets, including bitcoin.
On July 30, over 6,000 ETH ($11M worth) in so-called Maximal Extractable Value rewards were paid out to Ethereum validators, the most ever for a single day.