Thursday, September 19, 2024

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Country Garden Nears Debt Deadline with Looming Default Risk

Country Garden’s struggles come amidst broader turmoil within the Chinese property development sector. China’s leading private property developer Country Garden is grappling with a severe default risk on its offshore debt as it races against time to meet a...

Bitcoin Preferred to Dollar and Yen as Safe-Haven Option amid Higher US Debt-Limit Default Risks

Amid mounting debt-limit default risks, US investors have turned to Bitcoin as ‘digital gold’ to better hedge their savings.  Amid rising debt-limit default risks, Bitcoin (BTC) is the preferred safe-haven asset compared to other established global fiat currencies. A...

Circle Adjusting Its USDC Reserves for Avoiding US Default Risks

Amid the current banking crisis in the United States, stablecoin issuers like Tether and Circle have been moving their reserves to the safest instrument i.e. US Treasury. In a recent development, USDC stablecoin issuer Circle has reported that it...

Bitcoin Miner Iris Energy Flags Potential Default Risks

Amid the Bitcoin price crash and rising energy costs this year, Bitcoin miners are having a very tough time. Last week, public-listed Bitcoin miner Core Scientific (NASDAQ: CORZ) announced chances of potential bankruptcy very soon. Now, another BTC...

Crypto Broker Voyager Suspends Withdrawals and Trading After 3AC’s Loan Default

Voyager, a crypto broker, has suspended withdrawals, trading, deposits and loyalty rewards from its app following Three Arrows Capital’s default on its loan.  The company made the announcement on July 1, nine days after it called for Three Arrows...

Cryptocurrency price LIVE – Shiba Inu coin UP today and Bitcoin down as Evergrande ‘default’ sparks crash fears

SHIBA Inu coin was up in the early hours of Thursday as Bitcoin fell after fears of a "crash". Shibu Inu is a cryptocurrency token that allows users to hold trillions of them. Tokens of Shiba Inu feature the same...
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Latest News

Dogecoin Forming First Golden Cross In 4 Years, Is A 3700% Rally To $3.8 Possible? – NewsBTC

Dogecoin Forming First Golden Cross In 4 Years, Is A 3700% Rally To $3.8 Possible?  NewsBTC Source link
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