Credit Suisse Sold To USB For $2-B In Bid To Curtail Banking Crisis – Good News For Crypto?

Credit Suisse has struck a deal with UBS for $3. 2 billion in a rescue deal aimed at calming financial market panic triggered by the current American banking crisis. UBS is purchasing Credit Suisse for 3 billion Swiss francs ($3. дальше »

196 +

Bitcoin Cash price: BCH badly lags BTC amid safe-haven dash

Bitcoin Cash price drifted sideways on Monday even as investors started seeing cryptocurrencies as safe havens amid the ongoing crisis in the banking sector. The BCH price was trading at $136, which was the highest level since February 23rd. дальше »

141 +

Crypto venture capitals focus on DeFi as INNODEX builds a hybrid, decentralized exchange

The banking crisis in the U.S. has crypto venture capitals considering DeFi solutions, including INNODEX by NvirWorld дальше »

261 +

Cryptocurrency Market Set for More Upside After Bank Problems: Bernstein

The current environment is the perfect setting for the decentralized financial system to stand out as an alternative to traditional banking, the report said. дальше »

75 +

Cryptocurrency Outlook Is Strengthened by U.S. Banking Turmoil: Coinbase

More people now appreciate the fundamental value proposition of having an alternative to the traditional financial system, the report said. дальше »

60 +

Crypto Market Witnesses Odd Relationship Between Bitcoin, Ether Volatility Metrics

Bitcoin is in the spotlight as cracks emerge in the traditional banking system, one observer said, explaining the negative spread between ether and bitcoin implied volatility metrics. дальше »

70 +

Cryptocurrency regulation in Germany- what you need know

As cryptocurrencies see fresh market impetus in the wake of latest crisis in the finance and banking industry, one of the countries already on the path to greater crypto adoption is Germany. A recent report showed nearly 50% of investors in the country have considered crypto as an investment option. дальше »

71 +

Flagstar Bank acquires Signature Bank – without $4B of ‘digital banking’ deposits

Flagstar Bank — a subsidiary of New York Community Bancorp, Inc — will acquire Signature Bank, as per a press release sent out by the Federal Deposit Insurance Corporation (FDIC) on March 19. The post Flagstar Bank acquires Signature Bank – without $4B of ‘digital banking’ deposits appeared first on CryptoSlate. дальше »

218 +

Bitcoin To $30,000? Fed Unveils New Tool To Bailout Non-US Banks

As the US banking crisis is growing into a global banking crisis, the Bitcoin price is trading above $28,000 again, showing an extremely strong trend that suggests further gains. One of the main reasons to remain bullish in this regard is that the money printer has been turned on once again by the US Federal Reserve (Fed). дальше »

235 +

Australian Banking Association’s cost of living inquiry reveals bank pressure

An analysis of the rising inflation and concurrent collapse of Silicon Valley Bank proved that more than 186 banks in the U.S. are at risk of a similar shutdown if depositors decide to withdraw all funds. дальше »

289 +

Bitcoin rides banking sector chaos over the $28k mark 

The crypto market had seen a significant milestone amid the banking crisis as Bitcoin (BTC) surged to new highs of $28,000, a price last seen in June 2022. дальше »

175 +

Fed, central banks enhance ‘swap lines’ to combat banking crisis

Currency swap lines have been used during times of crisis in the past, such as the 2008 global financial crisis and the 2020 coronavirus pandemic. дальше »

180 +

First Mover Asia: Bitcoin Hovers Over $28K Amid Banking Instability

ALSO: Bitcoin’s surge over the past week reflects a "flight to quality," but liquidity remains an issue. дальше »

67 +

Crypto projects raised over $4m despite US banking crisis

As the traditional banking sector is in turmoil, the crypto industry stands firm, raising over $4m through token sales last week дальше »

202 +

Bitcoin rallies above $27,000 amid US banking crisis, Silicon Valley Bank drama unfolds | weekly recap

Bitcoin soars above $27,000 for the first time since last June amid a banking crisis in the U.S. There was more discussion on Silicon Valley Bank and FDIC position дальше »

173 +

U.S. Banking Cutoff Presents Opportunities for Crypto in Europe

U.S policymakers seem to be doing their best to suffocate dollar on-ramps into crypto, leaving the door open for other mature markets to gain a competitive edge. дальше »

171 +

Peter Schiff blames ‘too much gov’t regulation’ for worsening financial crisis

Finding the right balance between regulations and banking institutions is important for Schiff, considering that Puerto Rico regulators closed down Schiff’s bank due to non-compliance. дальше »

60 +

US midsize banks seek FDIC Insurance on ‘all deposits’ for 2 years: Report

The banking coalition reportedly argued in a letter to federal regulators that it would bring stability to the banking industry and reduce the chances of “more bank failures.” дальше »

58 +

MacroSlate Weekly: Bitcoin shines through banking failures, bailouts

Macro Highlights U.S inflation is too high for rate relief but mostly in line with expectations ECB raised a further 50bps taking their deposit facility rate to 3% Silicon Valley Bank files for chapter 11 bankruptcy Credit Suisse and First Republic Bank continue to be provided with liquidity Fed initiated stealth QE as balance sheet grows […] The post MacroSlate Weekly: Bitcoin shines through banking failures, bailouts appeared first on CryptoSlate. дальше »

73 +

Washington Goes Back And Forth With Crypto – Here’s All The Buzz In One Place

Washington government officials have continued to view cryptocurrencies sceptically, and things might get grimmer for the fledgling asset class. The U.S. Senate Committee on Banking, Housing, and Urban Affairs recently met in an open session to conduct a hearing on digital assets in response to the turbulence plaguing the markets. The hearing, titled “Crypto Crash: […] дальше »

63 +

Cardano Founder Rebukes EU Politician for Comparing Crypto to Drugs due to Banking Crisis

Charles Hoskinson has commented on recent call of Belgian politician to ban crypto in connection with current crisis in banking sphere дальше »

183 +

Coinbase Contemplates Launching New Non-US Trading Platform as Authorities Intensify Scrutiny of Crypto Sector

Coinspeaker Coinbase Contemplates Launching New Non-US Trading Platform as Authorities Intensify Scrutiny of Crypto Sector Firms are actively searching for new banking partners as the regulatory climate in the US has now turned sour. дальше »

54 +

Bitcoin Hurtles Back Above $26,000 As SVB Financial Group Files For Bankruptcy

177 +

Bitcoin Is a Clear Winner of the U.S. Banking Crisis

The narratives around bank failures, stablecoins and interest rate hikes seem strong enough to propel the price of bitcoin, says CoinDesk's George Kaloudis. дальше »

185 +

Bitcoin Hits $27K for First Time since June 2022 amid Stuttering Banking Sector

Coinspeaker Bitcoin Hits $27K for First Time since June 2022 amid Stuttering Banking Sector Leading crypto Bitcoin climbed to $27K Friday, extending its 2023 bullish run amid intensified talks of a $100K price level. дальше »

61 +

Mike Novogratz says decentralized revolution is happening– what does this mean for AltSignals?

Bitcoin (BTC/USD) price rose beyond $27,000 on Friday, hitting a 9-month high as crypto bounced higher following this week’s turmoil in the US banking sector. Amid the rally to $27k for BTC and near $1,750 for ETH, Galaxy Digital CEO Mike Novogratz tweeted that it was time for crypto and that “the decentralized revolution is […] The post Mike Novogratz says decentralized revolution is happening– what does this mean for AltSignals? appeared first on Invezz. дальше »

176 +

On-Chain Data Reveals How Trading Firms Worked the USDC Stablecoin Repeg

Trading firms were quick to jump on the USDC long trade over the weekend as the stablecoin slumped to $0.88 amid banking concerns in the U.S. дальше »

161 +

Fed Swells Its Balance Sheet by $300 Billion in Wake of Crisis, All Monetary Tightening Efforts in Vain?

Coinspeaker Fed Swells Its Balance Sheet by $300 Billion in Wake of Crisis, All Monetary Tightening Efforts in Vain? As the Fed intervenes in order to prevent a crisis in the US banking system, analysts answer whether the Fed has chosen to pivot from its quantitative tightening measures. дальше »

62 +

Former Belgian Finance Minister Calls for Crypto Ban in Wake of Banking Crisis

Johan van Overtveldt, economic spokesperson for the right-wing ECR political party in the European Parliament, compared crypto to drugs. дальше »

148 +

USDC’s supply has plunged $21 billion from peak as banking turmoil scares crypto investors

Until a week ago, USD Coin was seen as the world’s safest stablecoin.  BUSD, one of its chief rivals, was shut down last month by US regulators. Tether, the only stablecoin currently ahead of USD Coin, has long been plagued by questions over its reserves (I interviewed Tether’s Paolo Ardoino on this and other stablecoin […] The post USDC’s supply has plunged $21 billion from peak as banking turmoil scares crypto investors appeared first on Invezz. дальше »

198 +

SVB collapse soars crypto apps downloads 

Reports indicate that the number of people downloading crypto applications has increased massively following the dawn of problems in the US banking system. Based on recent reports, the number of downloads for crypto apps has been surging over the past… дальше »

152 +

Bitcoin Holds Steady Above $24.5K as European Banking Crisis Eases

BTC has remained in a range between $24,200 and $25,200 over the past 24 hours. Investors are hoping the Federal Reserve relaxes its recent monetary hawkishness. дальше »

161 +

Fidelity Investments Has Opened Bitcoin Trading To The Public During Ongoing Banking Crisis

The financial giant will now allow customers to trade bitcoin, although they will not be able to withdraw it to self-custody. дальше »

182 +

Bitcoin Priced In Bank Shares Is The Crypto Chart You Can’t Miss

Bitcoin price is trading around $25,000, following a meltdown across the banking sector. The first ever cryptocurrency designed to allow individuals to be their own bank, has given banks a run for their money amidst a series of bank runs and collapses across the United States and the globe. дальше »

143 +

Signature Bank Buyers Have To Give Up All Crypto Businesses, Says FDIC

Amid the instability in the US banking sector, the United States Federal Deposit Insurance Corporation (FDIC) has reportedly now made a decision against the crypto industry. According to a report published on Wednesday evening, potential buyers of the crypto-friendly Signature bank can now submit their bids but with a major condition.  The report said buyers of […] дальше »

247 +

A Recap Of Last Week’s Banking Contagion And Bitcoin

So much has happened in the last week that it may be helpful to look at the totality of these events in relation to bitcoin. дальше »

189 +

Banking Giant State Street Cuts Ties With Crypto Custody Firm Copper

State Street and Copper have mutually decided to end their licensing agreement, a spokesman for the bank said. дальше »

171 +

Tokenized diamonds popular as crypto banking turmoil bites

As the crypto banking crisis unfolds, investors are increasingly drawn to tokenized diamonds, a stable and tangible alternative asset class that offers protection amid market uncertainty. дальше »

166 +

Litecoin: Why LTC’s Recent Surge May Be Unsustainable And Could Lead To Price Retreat

Litecoin has experienced an unprecedented boom in price, following the broader market rally in the past few days. The price rally occurred even after the fear, uncertainty, and doubt brought about by the recent banking crisis that saw huge volatility in the equity market. дальше »

161 +

Investors Flock to Tokenized Diamond as Crypto Banking Crisis Props Hard Assets

Where are investors parking their money as the U.S. banking crisis ripped through the market? Hard assets, including tokenized diamonds. дальше »

157 +

Crypto Faces Banking Woes, This Non-Profit Presses Government for Answers

The U. S. -based non-profit Blockchain Association (BA) requested information from regulators in the country about an alleged de-banking of crypto companies. Over the past months, the sector has seen some of its most prominent actors lose access to accounts, the ability to process transfers in fiat currency, and more. дальше »

128 +

Bitcoin hovers at $25k amid US dollar surge and Credit Suisse meltdown

Bitcoin retained its position near $25,000 on March 16 as it attempted to break toward the week’s highs, despite a surging U.S. dollar combined with banking crisis contagion. дальше »

174 +

Cathie Wood says regulators responsible for banking crisis, not crypto

Ark Invest’s Cathie Wood says U.S. financial regulators are using crypto as a scapegoat for their own mistakes in oversight of the country’s traditional banking system. дальше »

174 +

As The U.S. Sees Its Second-Biggest Banking Collapse Ever, Bitcoin Is Just Becoming Stronger

As the U.S. witnessed one of the largest banking collapses in its history, Bitcoin is being innovated upon and seeing its network grow. дальше »

124 +

Bitcoin, crypto, Nasdaq await interest rate decision as banking turmoil promises extra volatility

Just like the Pope is Catholic, Bitcoin is volatile.  Today, it may be even more so. The ECB is due to announce its latest interest rate decision at 9:15 AM Eastern time in what sets up as one of the most pivotal of the year (this is the second time I have used that pun […] The post Bitcoin, crypto, Nasdaq await interest rate decision as banking turmoil promises extra volatility appeared first on Invezz. дальше »

174 +

U.S. Banking Crisis Could Strengthen Crypto Long Term, Experts Say

Robust banking solutions for crypto companies and investor interest in the resilience of the ecosystem could serve as key features in the coming months, one developer opined. дальше »

56 +

What Coinbase's move to Singapore means for U.S. banking systems

Coinbase enters the Singapore market through strategic partnership with Standard Chartered. The launch was flagged off through regulatory approval from the Monetary Authority of Singapore. дальше »

193 +

Can Circle [USDC] turn things around with new plan? All you need to know

USDC regained its peg after Circle moved quickly with new banking partners. USDC demonstrated signs of demand and volume recovery. Circle faced its toughest week so far this year after USD CThe post Can Circle [USDC] turn things around with new plan? All you need to know appeared first on AMBCrypto. дальше »

255 +

Coinbase met with Australian banking regulators over local crypto regulations

Coinbase’s vice president of international policy told Cointelegraph the meetings took place in Canberra and Sydney and touched on the government’s token mapping efforts. дальше »

199 +

Bitcoin’s role in the banking crisis – BitTalk #10

In the latest episode of BitTalk, hosts Akiba, James, and Nick discussed the recent surge in Bitcoin’s price, which had surpassed $26k. The post Bitcoin’s role in the banking crisis – BitTalk #10 appeared first on CryptoSlate. дальше »

168 +