Tag: backing

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USD/JPY Bounce Looks Corrective, Lacks News Backing

USD/JPY Bounce Looks Corrective, Lacks News Backing

USD/JPY Analysis, Price, and ChartUSD/JPY bounced as a new trading week got startedThe banking sector looked a little more comfortable, stabilizing U [...]
SVB and Silvergate are out, but major banks are still backing crypto firms

SVB and Silvergate are out, but major banks are still backing crypto firms

Over the last week, the collapse of three of the largest banks backing the crypto scene — Silicon Valley Bank (SVB), Silvergate Bank and Signature Ban [...]
How Biden Got From ‘No More Drilling’ to Backing a Huge Project in Alaska

How Biden Got From ‘No More Drilling’ to Backing a Huge Project in Alaska

High gas prices, a looming election and fears of a costly legal battle seem to have shifted the political calculus for the president. www.nytimes.com [...]
Gemini says no funds at Signature Bank backing GUSD

Gemini says no funds at Signature Bank backing GUSD

Crypto exchange Gemini had no funds at Signature Bank, and its Gemini US Dollar (GUSD) stablecoin was not backed by any deposits at the failed bank, a [...]
Frax Finance to retire algorithmic backing amid stablecoin crackdown

Frax Finance to retire algorithmic backing amid stablecoin crackdown

The community of decentralized finance stablecoin protocol Frax Finance has voted to fully collateralize its native stablecoin Frax (FRAX), marking an [...]
Crypto in Hong Kong Getting Soft Backing From Beijing: Bloomberg

Crypto in Hong Kong Getting Soft Backing From Beijing: Bloomberg

Report says officials from China’s Liaison Office have been spotted at crypto events in the City. www.coindesk.com [...]
President Biden Is Not Backing Off His Big-Government Agenda

President Biden Is Not Backing Off His Big-Government Agenda

In his first appearance before a Republican House, the president renewed calls for large new economic programs and offered no concessions on federal s [...]
Trump Won’t Commit to Backing the G.O.P. Nominee in 2024

Trump Won’t Commit to Backing the G.O.P. Nominee in 2024

The former president faces several potential Republican challengers in his bid for the White House. www.nytimes.com [...]
Cardano-Based Djed Stablecoin Attracts 27M ADA Tokens as Reserve Backing

Cardano-Based Djed Stablecoin Attracts 27M ADA Tokens as Reserve Backing

Djed started on Tuesday and has a collateral backing ratio of 600% at the time of writing. www.coindesk.com [...]
Workers' rights agency denies backing new UK strike law

Workers' rights agency denies backing new UK strike law

The US labour secretary also opposes the UK government's plans for “minimum service agreements”. www.bbc.co.uk [...]
Japan recommends against algorithmic backing in stablecoins

Japan recommends against algorithmic backing in stablecoins

After passing its landmark legislation on stablecoins in June, Japanese regulators are considering complementing it by restricting the algorithmic bac [...]
McCarthy overwhelmingly won G.O.P. backing for speaker, but the vote signaled he still faces a tough fight.

McCarthy overwhelmingly won G.O.P. backing for speaker, but the vote signaled he still faces a tough fight.

The challenge indicates a potentially rough fight ahead of him to secure the job at the start of the new Congress. www.nytimes.com [...]
Boris Johnson had backing to challenge Rishi Sunak, Sir Graham Brady confirms

Boris Johnson had backing to challenge Rishi Sunak, Sir Graham Brady confirms

Sir Graham Brady says the former PM had enough nominations to stand in the race to replace Liz Truss. www.bbc.co.uk [...]
Boris Johnson, Rishi Sunak and Penny Mordaunt: Who are MPs backing?

Boris Johnson, Rishi Sunak and Penny Mordaunt: Who are MPs backing?

Conservative MPs have started declaring who they want to become Britain's next prime minister. www.bbc.co.uk [...]
Binance, Sequoia still backing Elon Musk's bid for Twitter

Binance, Sequoia still backing Elon Musk's bid for Twitter

The Twitter deal is back on this month, and Binance confirmed to Cointelegraph that it intends to support th [...]
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