Rate cuts are now the expectation as fed balance sheet grows

Quick Take The outlook from markets has completely changed in the past few weeks due to banking failures in the US and EU. The post Rate cuts are now the expectation as fed balance sheet grows appeared first on CryptoSlate. дальше »

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Bitcoin Stalls Below $28,000 As Banking Crisis Spills Over to Crypto Market

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Crypto price predictions: OAX, Mask Network, Arbitrum

Cryptocurrency prices had a relatively strong performance this week even as the banking crisis escalated.  Bitcoin rose to a high of $29,000 for the first time in months while Ethereum sits comfortably above $1,800. дальше »

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How Will Bitcoin Adapt To Banking Uncertainty?

As some of the cryptocurrency industry’s go-to banks failed, Bitcoin’s importance was on display while its on and off ramps suffered. дальше »

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Mainland China Residents Show Hunger for Bitcoin via Subverting Binance KYC

Coinspeaker Mainland China Residents Show Hunger for Bitcoin via Subverting Binance KYC Amid rising global inflation and fear of a worldwide banking crisis, the demand for risky assets, including Bitcoin, has significantly spiked in the recent past. дальше »

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USDT issuer Tether has up to $1.7B in excess reserves, CTO says

Tether CTO Paolo Ardoino believes that USDT is becoming the “safest asset to hold in the world” amid the banking crisis.

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U.S. Banking Crisis Could Present an Opportunity for Some Crypto Exchanges: JPMorgan

Stablecoin trading volumes have increased following the run of bank collapses in the U.S., the report said. дальше »

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Bitcoin Liquidity Crisis Gets Worse, Here’s What It Means For Price

Conor Ryder, researcher at digital asset data provider Kaiko, has examined the liquidity of the Bitcoin and crypto markets in a new study, finding that the liquidity situation in crypto has deteriorated further this month following the banking scares. дальше »

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Bitcoin [BTC]: Derivatives demand soars, but what are its implications

Bitcoin demand in the derivatives market takes advantage of inflows fueled by banking collapse. Sell pressure may put a cap on the latest rally and trigger some long liquidation, but investors The post Bitcoin [BTC]: Derivatives demand soars, but what are its implications appeared first on AMBCrypto. дальше »

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First Mover Asia: Bitcoin Regains Momentum as Investors Shrug Off Banking, Fed Concerns

ALSO: CoinDesk's market analyst writes that a decrease in the number of bitcoin addresses with a balance of more than 1,000 bitcoins suggests that large, institutional investors are reluctant to add to their coffers. дальше »

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Bank profits at risk from potential CBDC transformation of global economy: Moody’s

CBDCs are here to stay, it seems, and Moody’s is looking at their implications for the global economy and international banking. дальше »

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Pro: Bitcoin price to hit $37,000 – what it means for Altsignals

Bitcoin (BTC/USD) price has done well in March as investors have rushed to its safety during the ongoing banking crisis. After falling below $20,000 on March 18, it rebounded to a high of $29,000, the highest point since June 2022. дальше »

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Sygnum sees increased crypto firm inquiries after US banking giants collapse

The Swiss crypto bank, however, would stick to its policy of not onboarding United States clients as it focuses on its core target market. дальше »

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Stablecoin Issuer MakerDAO Votes to Retain USDC as Primary Reserve Even After Depeg

The decision follows a turbulent period during which USDC temporarily lost its dollar peg when key banking partner SVB collapsed. дальше »

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US Treasury Report Raises Concerns About CBDC Impact on Banks And Households

A recent study by the United States Treasury revealed that the introduction of central bank digital currency (CBDC) could potentially destabilize the banking sector while also having the potential to boost household welfare. дальше »

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Banking turmoil pushes crypto to ‘no oversight,’ says Circle CEO

Crypto firms that have had the strongest position with United States regulation are now considered “unsafe,” Circle CEO Jeremy Allaire stated. дальше »

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Swiss National Bank Raises Interest Rate by 50 Basis Points amid Banking Crisis

Coinspeaker Swiss National Bank Raises Interest Rate by 50 Basis Points amid Banking Crisis According to the Swiss National Bank, additional interest rate hikes should not be ruled out in the mid to long term. дальше »

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Xapo Bank enables USD Coin (USDC) deposits and withdrawals 

Xapo Bank has announced that its members can now directly deposit and withdraw their USDC stablecoins on its regulated banking platform. дальше »

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ARK’s Cathie Wood Says Bitcoin’s Upsurge As Global Banks Roil Will Attract New Institutional Investors In Droves

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US Federal Reserve Increased Interest Rate by 0.25% despite Banking Crisis

Coinspeaker US Federal Reserve Increased Interest Rate by 0. 25% despite Banking Crisis Irrespective of its current leanings, the Federal Reserve will implement additional rate hikes to correct the strain that is still being felt in the economy by the average consumer. дальше »

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Federal Reserve Hikes Rates Up by 25 Basis Points Despite Banking Turmoil

Despite Silicon Valley Banks implosion, the Federal Reserve has elected to keep tightening monetary conditions in the United States. 4.75% to 5% range The Federal Reserve is pushing on in... дальше »

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The Reality Behind the Crypto Banking Crackdown: ‘Operation Choke Point 2.0’ Is Here

Banking enforcement targeting legal crypto businesses appears to violate the FDIC's mandate. It may also be amplifying financial contagion. дальше »

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Bitcoin Climbs Above $28,500, Fed Decision Will Fuel The Rally?

The Bitcoin price continues to record new yearly highs as the cryptocurrency goes on a bullish rampage. There is no resistance level capable of containing BTC bulls, while macroeconomic uncertainty and a banking crisis fuel the fire. дальше »

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Goldman Sachs Reportedly Testing AI despite Recent Pushback in Banking Sector

Coinspeaker Goldman Sachs Reportedly Testing AI despite Recent Pushback in Banking Sector Leading bank Goldman Sachs has deployed ChatGPT-like AI products for developers to experiment with code development. дальше »

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Traditional banks rely on ‘tiny buffer’: Paris Blockchain Week 2023

Signature Bank is the best place for crypto banking, even if it goes bankrupt, Woorton co-founder Zahreddine Touag believes.

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Former Coinbase CTO urges ‘get to Bitcoin’ before CBDC digital lockdown

Former Coinbase CTO Balaji Srinivasan warned people to “GET TO BITCOIN BEFORE DIGITAL LOCKDOWN. ” The comment came in a lengthy tweet about banking system weaknesses and the soon-to-be-released FedNow payment network. дальше »

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EU Banking Authority to Hire Crypto Experts as It Prepares for MiCA Law

The Paris-based agency will have to supervise large stablecoins and make rules under the landmark licensing legislation дальше »

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Alecta Offloads First Republic Bank Stake amid US Banking ‘Uncertainty’

Coinspeaker Alecta Offloads First Republic Bank Stake amid US Banking ‘Uncertainty’ Sweden’s largest pension fund Alecta dumped its First Republic Bank stake at a $728 million loss amid broader US banking losses. дальше »

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Tether Stability Made It the Safest Stablecoin Bet Amid U.S. Banking Crisis, Analysts Say

Tether sold at a slight premium earlier this month even as most stablecoins were dented. дальше »

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Bitcoin Price Will Hit $50,000 In Under A Year, This Economist Says

Bitcoin price could see a boost amid a widespread financial crisis that has already led to the collapse of several banking giants and put many others at risk, according to Raoul Pal, Real Vision CEO and a former hedge fund manager. дальше »

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Is it Bitcoin’s time to Shine, as the Banking System Falters?

Bitcoin's price action this week provides a clear market signal that Bitcoin is decoupling from other assets. Is Bitcoin, for the first time, acting as a safe haven asset in response to the traditional banking system and in response to a globally fraught central bank monetary policy? дальше »

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U.S. Senate’s Warren Calls for Crackdown on ‘Sham’ Crypto Audits

Sen. Elizabeth Warren (D-Mass.) and another prominent colleague urged the U.S. auditing watchdog to take action against “sham audits” of crypto companies, citing the contribution of such audits to the recent stresses in the U.S. banking system. дальше »

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Bitcoin Holds Firm Above $28K, Equities Rise Amid Banking Sector Rebound

The FOMC will announce its next interest rate decision on Wednesday with markets betting squarely on a 25 basis point rate increase. дальше »

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$1 Million For 1 Bitcoin Possible Says This Report, Here’s Why

Bitcoin continues its upward trend as the global banking sector faces a crisis; the cryptocurrency has seen its best performance year to date. The BTC price has been pushing up due to a strengthening in the narratives and could see further upside ahead of a critical macroeconomic event. дальше »

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Crypto Payment Platform Shuts Down Due to Issues In Banking System

The crypto space has seen several shocking incidents recently. There have been enforcement actions, crypto hacks, and the sudden closure of 3 crypto-friendly banks; Silvergate, Silicon Valley, and Signature. дальше »

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Before We Fix Crypto, We Need to Fix the Banks

This article delves into the challenges of the traditional banking system and the importance of addressing its flaws before fully embracing the potential of cryptocurrencies, paving the way for a more transparent and inclusive financial landscape. дальше »

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USDC issuer Circle seeks regulatory approval in France amid US banking troubles

USD Coin (USDC) issuer Circle has applied to become a licensed Electronic Money Institution and a registered Digital Asset Service Provider (DASP) in France — expanding its operations in Europe. The post USDC issuer Circle seeks regulatory approval in France amid US banking troubles appeared first on CryptoSlate. дальше »

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Here’s What John Lennon’s Son Thinks About Bitcoin

Many people now see crypto, especially bitcoin, as an option to protect investors’ money during times of uncertainties in the traditional banking system. The recent banking crisis in the United States has made investors aware of the flaws in the current banking system. дальше »

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Crypto should not be blamed for banking crisis: Charles Hoskinson

The notion that cryptocurrencies contributed to the banking crisis was rejected by Charles Hoskinson. In the last few weeks, there have been numerous bank failures and regulatory seizures. дальше »

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5 Reasons to buy Bitcoin in 2023

Bitcoin is up 11% in the last 7 days hitting $28,000 for the first time since June 2022. Against the backdrop of a worsening global banking crisis, are there still good reasons to buy Bitcoin? Is a new bull run just getting started? дальше »

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Crypto Payment SpankPay Shut Down Citing Hostile Banking Environment

Coinspeaker Crypto Payment SpankPay Shut Down Citing Hostile Banking Environment SpankChain is an Ethereum-based blockchain targeted at helping adult content creators remove third-party intermediaries like conventional banks, which have had a notorious history of conflict with the adult industry. дальше »

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EU Crypto Banking License Procedures Are Too Inconsistent, ECB Says

The eurozone supervisor is seeking to smooth out a process dominated by German and Luxembourgish banks. дальше »

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EU Crypto Banking License Procedures Are too Inconsistent, ECB Says

The eurozone supervisor is seeking to smooth out a process dominated by German and Luxembourgish banks. дальше »

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‘Cryptos Should Stay Away From Volatile and Unstable Traditional Banking,’ Charles Hoskinson Says

Cryptocurrencies were dealt a huge blow last week when major banks key to the sector, Silvergate, Silicon Valley Bank, and Signature, collapsed abruptly, destabilizing the on-off ramp services for most digital asset companies. дальше »

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Banking Crisis Sees Bitcoin Market Cap Rise By $26 Billion

Today March 20, has been eventful in the Bitcoin and crypto market. Some top coins and altcoins have recorded gains in their seven days prices. While BTC is up by 3. 47% in 24 hours, its seven days gains stand at 27. дальше »

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Digital Asset Outflows Continue for 6th Week Despite Bitcoin Price Surge

The data may reflect investors’ need for liquidity during the banking crisis, a CoinShares report says. дальше »

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Flagstar Acquires Signature Bank—Except for its Crypto Business

Flagstar is taking over Signature Banks operations, but crypto companies may no longer be able to use the institution, the FDIC implied in its press release yesterday. Digital Banking Business... дальше »

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Bitcoin Could Continue Rally Amid Intensified Banking Crisis, Here’s Why

While the US banking crisis seems to be worsening each day, the crypto market including Bitcoin (BTC) has reacted to this in a positive manner. Over the past weeks, BTC has surged nearly 40% despite the condition of the financial sector. дальше »

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Taiwan readies for new crypto regulations as Metacade presale enters 7th stage

The chairman of Taiwan’s Financial Supervisory Commission Huang Tien-mu has confirmed that Taiwan will soon get special legislation to regulate the crypto space in the country. Huang confirmed this to lawmakers during a hearing about global banking stability in parliament. дальше »

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No Crypto Banking Port Has Really Opened Up in This U.S. Storm

The biggest U.S. banks have not stepped forward to welcome homeless crypto businesses scrambling for banking services after fleeing the wreckage of Silvergate Bank, Signature Bank and Silicon Valley Bank. дальше »

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