2024-2-7 09:00 |
US regional banks' stocks have plummeted, led by New York Community Bancorp's 60% loss this year, due to unexpected losses on commercial real estate loans, prompting fears of another banking crisis. origin »
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A major stablecoin depegging event raised concerns about the stability of these assets amid a U.S. banking crisis. The result may have been an improvement in their position in traditional finance.
2023-4-2 16:13 | |
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Charles Hoskinson has commented on recent call of Belgian politician to ban crypto in connection with current crisis in banking sphere
2023-3-18 16:37 | |
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Investors are flocking to crypto alternatives following the banking crisis, involving banks such as Silicon Valley Bank and Signature Bank. The post Banking Crisis Sparks Increased Interest in DEX and CEX Tokens appeared first on BeInCrypto.
2023-3-14 10:30 | |
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A nationwide coronavirus lockdown, a local banking crisis and a favorable court ruling have created a trifecta for crypto trading volumes in India.
2020-4-9 11:00 | |
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The 2008 financial crisis that came about from a mortgage default-driven housing market collapse still lives strong in the memory for most — especially Bitcoiners. It was this crisis that inspired Satoshi Nakamoto to create Bitcoin as a hedge against similar catastrophes from centralized banking systems in the future.
2020-4-7 01:10 | |
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In the rush to revive an economy in crisis U.S. politicians are weighing proposals that could put an end to banking as we know it.
2020-3-29 14:02 | |
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The Chair of the House Banking Committee has proposed giving free money to all Americans during the COVID-19 crisis. Critics say the move would create ‘massive inflation’
2020-3-19 04:16 | |
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Morgan Stanley confirmed Thursday that the investment banking giant is buying E*Trade Financial Corp. in a $13 billion deal, reported the Wall Street Journal. This deal marks the biggest takeover by a major US bank since the 2008 crisis.
2020-2-20 18:38 | |
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There is no doubt that the United States and global economies are starting to feel the squeeze, economically speaking, regardless of what their leaders say. U.S. inflation and household debt is skyrocketing — can cryptocurrencies ease the pains of a flawed banking system? Not a week goes by without another news article indicating that the […] The post Can Cryptocurrencies Ease US Inflation and the Debt Crisis? appeared first on BeInCrypto.
2020-2-19 07:10 | |
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With the global health of banks not in a good space thanks to a potential financial crisis looming, some countries have essentially thrown in the towel sending their economies into a tailspin. Lebanon is one such country that is facing a banking crisis that is not only damaging its economy but also looks as if […] The post Bitcoin Highlighted as Lebanese Banks on Brink of Insolvency appeared first on BeInCrypto.
2020-1-28 09:18 | |
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International banking giant, HSBC, has decided to lock down 19 ATM clusters in Hong Kong due to vandalism from protestors. Bitcoin is just one example of an alternative financial solution for HK citizens during the ongoing crisis.
2020-1-7 19:55 | |
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The middle eastern nation of Lebanon has been suffering its worst civil and economic crisis since its civil war in the mid-1970s. With no end in sight, the desperate yet resourceful population may start to explore Bitcoin as a weapon against the corrupt political and banking system.
2019-12-28 07:23 | |
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Lebanon is facing a banking crisis of such severity a judge had to order a bank to release deposited funds. “The [Lebanese] economy doesn’t rely on the local currency, the... The post Bitcoin Remittance Pipeline Setup For Lebanon Amid Dollar Shortage and Tense Standoff appeared first on Trustnodes.
2019-11-27 20:06 | |
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Decentralized finance is making the media more often as concern grows over another global banking crisis. Ethereum is at the forefront of DeFi platforms at the moment and Maker is the market leader with over 50% share.
2019-11-8 08:45 | |
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The Basel Committee on Banking Supervision is one of the most important regulators for global banking standards. As per the Basel III norms, set by the committee in the wake of the 2008 financial crisis, banks are supposed to hold a requisite amount of liquid capital based on the risk of their lending portfolio andRead MoreRead More.
2019-11-1 12:00 | |
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Management consulting firm McKinsey & Company has published a global banking review and found that a majority of banks worldwide may not be economically viable. More than half of them still do not generate their cost of equity 10 years after the crisis and may not survive an economic downturn.
2019-10-25 16:05 | |
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Bitcoin is going to benefit from the ongoing repo crisis in the US banking system, hinted Gabor Gurbacs of VanEck, a New York-based investment management firm. The Digital Asset Strategist, who oversaw the drafting and filing of VanEck’s Bitcoin ETF application to Securities and Exchange Commission (SEC), on Thursday indicated that Fed’s plans to inject.
2019-10-24 16:00 | |
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Lingering political unrest rendered millions of Lebanese nationals unable to access their own money deposited with banks for the seventh consecutive day on Wednesday, highlighting once again how Bitcoin can serve as an alternative financial system.
2019-10-24 07:24 | |
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The Indian banking sector is facing multiple challenges. Customers of several cooperative banks are still struggling to withdraw their money, and deaths have been reported in connection with withdrawal restrictions.
2019-10-23 11:00 | |
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The Banking crisis of 2008 was one of the key elements that fueled the invention of Bitcoin. The advent of Bitcoin exposed some of the pivotal flaws of the centralized banking systems which were largely ignored as there were no alternatives.
2019-10-21 01:30 | |
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Escalating political tensions in Hong Kong and a potential economic and banking crisis in India has highlighted how fragile cash savings can be. Naturally Bitcoin would be the answer if adoption was greater and volatility was lower but the pluses for decentralized money are growing.
2019-10-7 11:30 | |
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Bitcoin is hoping to become a hot property in Hong Kong. The region’s political crisis has swept over its banking sector, which is now seeing protestors withdrawing large bundles of cash out of their banking institutions.
2019-8-19 04:36 | |
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Bitcoin is hoping to become a hot property in Hong Kong. The region’s political crisis has swept over its banking sector, which is now seeing protestors withdrawing large bundles of cash out of ATMs.
2019-8-16 16:00 | |
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Facebook’s foray into crypto has made the firm few friends in political circles. The Libra backlash has been so bad that it has painted bitcoin and the rest of the crypto industry in a bad light.
2019-8-3 13:30 | |
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Although it has its peculiarities, the Chinese banking sector now faces similar challenges to the west’s financial system. Dozens of small banks have been experiencing liquidity difficulties in the past few months.
2019-8-1 13:50 | |
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Bitcoin was conceived in the backdrop of banks bailouts and the 2008 financial crisis. The recession and the loss of faith in banking, financial institutions gave Bitcoin a platform to rescue the ones affected, giving them hope for a better financial system without the hassle of corrupt institutions.
2019-6-27 13:30 | |
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Grayscale Investments, a company that has worth $ 1. 2 billion crypto assets under management (AUM), claims that Bitcoin today surpasses traditional fiat currency and gold as for global liquidity crisis.
2019-6-22 10:32 | |
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A Medium post published by Spencer Bogart, a general partner at Blockchain Capital, compares data collected from a set of surveys from October 2017 and April 2019 containing identical questions (plus a few new ones).
2019-5-1 18:55 | |
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When cryptocurrency first took spotlight a few years back, many enthusiasts believed that it will make the traditional payment methods obsolete. As the world economy has been struggling with a crisis at the time, it was reasonable to assume that a more efficient service can replace banking with its notoriously long and expensive transfers.
2019-2-14 11:26 | |
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BitMEX published a report this week titled, “Anatomy of the Next Global Financial Crisis,” which discusses multiple details to answer a single question – “When is the next global financial crisis going to happen?” Though this information is based off of the current trends and information in the market, consumers would likely benefit from knowing […]
2019-2-13 09:33 | |
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BB&T and SunTrust announced a blockbuster merger that will create the sixth-largest bank in the United States. The $66 billion all-stock merger will see the combined entity serve more than 10 million U.
2019-2-8 01:03 | |
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There have been few more volatile years in finance since the banking collapse than 2018 which saw some stocks move more than cryptos and the value of some national fiat... The post Amid Political Crisis in Europe and America, Cryptos Stay Sluggish, But Why? appeared first on Trustnodes.
2019-1-24 21:46 | |
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Ripple Inc. has done well in focusing on lifting the banking industry from the impact of the last financial crisis which pushed banks into struggling to keep afloat. Liquidity challenge faced by banks mostly when it comes to interbank transactions is now a thing of the past with Ripple’s decentralized financial tools.
2019-1-10 21:44 | |
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October 31, 2008, and January 3, 2009. The two dates have cemented themselves with Promethean significance into Bitcoin’s lore. On the October 31, Satoshi Nakamoto published the Bitcoin white paper, a constitution of sorts for his revolutionary monetary system and its intrinsic currency.
2019-1-3 07:14 | |
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The economic crisis of 2008 brought the world’s attention to the need for an alternative means of doing business without much risk of a backlash, and that’s why Bitcoin received so much support when the pioneer cryptocurrency entered the market in 2009.
2018-10-5 22:40 | |
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For their misconducts, US and European regulators are imposing heavy fines on global banks. Solid research findings indicate that fines could top $400 billion by 2020 according to reports by Quinlan and Associates.
2018-9-26 16:30 | |
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Faith in the banking industry went down during the 2008 financial crisis in the US. The Dodd–Frank Act and its counterparts were implemented around the world to make banking safer for users. However, a banking fraud in Denmark is unfolding to be on of the biggest that Europe has ever seen.
2018-9-24 14:59 | |
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Ten years have gone by since the world witnessed a major financial collapse of the banking space, and also the birth of Bitcoin. Here a look at the journey of digital assets so far. The post 10 Years Post the Global Financial Crisis of 2008, Here’s a Look where Bitcoin Stands Today appeared first on CoinSpeaker.
2018-9-16 15:09 | |
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The fact that cryptocurrencies solve liquidity problems for multiple financial processes is now well known, but as the industry evolves and expands, could it save the world from another financial crisis? ‘We are in danger of sleepwalking into a future crisis’ In 2008, the catastrophic failure of a global banking system manipulating overly encouraging governmental regulation sparked a nightmare for billions of consumers around the world.
2018-9-15 19:00 | |
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Africa has steadily accelerated the switch to modern technologies. But can a continent facing a crisis with antiquated banking technologies, low rate of financial inclusion, poor confidence in the banking system, and high remittance costs become the new battleground for blockchain or cryptocurrency-centred settlements? Also read: Square’s Big Week: Crypto Patent, Shares Leap, and Lightning […] The post Africa and its Antiquated Banking: Cryptocurrencies The Solution? appeared first on Bitcoin News.
2018-9-5 05:55 | |
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Africa has steadily accelerated the switch to modern technologies. But can a continent facing a crisis with antiquated banking technologies, low rate of financial inclusion, poor confidence in the banking system, and high remittance costs become the new battleground for blockchain and cryptocurrency? Also read: Square’s Big Week: Crypto Patent, Shares Leap, and Lightning Plug […] The post Africa and its Antiquated Banking: Bitcoin The Solution? appeared first on Bitcoin News.
2018-9-6 05:55 | |
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As we reported on July 19, 2018, Bermuda is determined to establish itself as the leading jurisdiction for fintech entrepreneurs, in particular those involved in initial coin offerings (ICOs), digital assets and virtual currencies.
2018-8-23 23:03 | |
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While many see nothing good in bitcoin and other cryptocurrencies, many others believe distributed ledger technology (DLT) will revolutionize the world. Pang Huadong, the former vice president of the North American investment banking division at JPMorgan, is one of those people.
2018-7-25 10:00 | |
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The former vice president of North American investment banking at JPMorgan Chase has said that blockchain “may be the key to avoiding the next global financial crisis,” the China Economic Times reports today, July 23.
2018-7-23 17:30 | |
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The former VP of N. American investment banking at JPMorgan Chase says that blockchain technology “may be the key to avoiding the next global financial crisis"
2018-7-23 15:58 | |
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The EU’s Policy Department for Economic, Scientific and Quality of Life Policies released a report entitled “Virtual currencies and central banks monetary policy: challenges ahead.
2018-7-3 23:28 | |
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The SEC’s proclamation that ether (ETH) is not a security has sparked some celebration amongst the cryptocurrency community. Regulatory clarity is always a good thing, but ICO operators shouldn’t see this as a reason to put the champagne on ice.
2018-6-26 19:36 | |
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Over the last ten years, changes wrought from the 2008 financial crisis along with a marked increase in fraud and terrorism funding concerns, have consolidated the world’s system of correspondent banking.
2018-6-24 17:51 | |
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Bank of America has reported $131.6 billion in unrealized losses on securities in Q3, but analysts say it is unlikely to sell the securities at a loss due to strong liquidity and higher capital. The post Bank of America Unrealized Losses Top Record $131B; High Interest Rates a Saving Grace? appeared first on BeInCrypto.
Bank of America has been fined $150 million by US regulators for overcharging overdraft fees, withholding card perks, and opening unauthorized accounts. The bank will repay $80 million to affected customers.
Bank of America faces $100 billion in bond market paper losses, according to the Federal Deposit Insurance Corporation. The bank's losses are part of an industry-wide issue, with total unrealized losses at a record $620 billion at U.
The MicroStrategy co-founder believes crypto-related regulatory enforcement action will play in Bitcoin’s favor.
The U.S. banking crisis has deepened with PacWest Bancorp (PACW) falling by more than 20% as the bank’s deposits declined by over 9.5% last week. The post PacWest Bancorp Crashes 20% Due to Declining Deposits appeared first on BeInCrypto.
Here is how professional traders use Iron Condor options strategies to benefit from the banking crisis and the U.S. debt ceiling increase.