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  • Davos 2023: Intimidated Crypto Crowd Feel Winter Freeze at WEF

    Davos 2023: Intimidated Crypto Crowd Feel Winter Freeze at WEF

    DAVOS, Switzerland, Jan. 19 (Reuters) – In the snow and ice on the main highway in Davos, WEF participants clearly see the impact of crypto-winter. Last May, the swanky storefronts on both sides of the Promenade, which runs through the Swiss ski resort, were dominated by bitcoin crypto firms. Now there are only a few […] More

  • Yellen warns of US default risk by June, calls for higher debt limit

    Yellen warns of US default risk by June, calls for higher debt limit

    WASHINGTON, Jan 13 (Reuters) – Treasury Secretary Janet Yellen said on Friday that the United States is likely to exceed its $31.4 trillion legal debt limit on January 19, forcing the Treasury Department to take emergency cash management measures. , which is likely to prevent default ahead of schedule. June. “Once the limit is reached, […] More

  • Cryptocurrency Hits Record $20 Billion in 2022, Report Says

    Cryptocurrency Hits Record $20 Billion in 2022, Report Says

    LONDON, Jan 12 (Reuters) – Cryptocurrency illicit use hit a record $20.1 billion last year as transactions involving companies subject to US sanctions soared, data from blockchain analytics firm Chainalysis showed. The cryptocurrency market in 2022 collapsed due to a decrease in risk appetite and the collapse of various crypto firms. Investors have suffered big […] More