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 »

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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 »

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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 »

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SVB Collapse Tanked NFT Trading Volumes, DappRadar Report Suggests

The day after Silicon Valley Bank collapsed, the number of active NFT traders dropped to its lowest point since November 2021. дальше »

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Bitcoin, stocks seesaw after 0.50% ECB rate hike jolts markets

Bitcoin retested the $25,000 area, while S&P 500 had gained about 1% after plunging on ECB interest rate hike news. The ECB on Thursday surprised with a 50 basis point rate hike. Reports that JPMorgan and Morgan Stanley are looking to help First Republic Bank buoyed stocks. дальше »

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FDIC insists buyer of Signature Bank drop crypto operations

The federal deposit insurance corporation (FDIC) has demanded that the prospective buyer of New York-based Signature Bank relinquish all cryptocurrency operations. дальше »

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SVB parent company reportedly considering bankruptcy

SVB Financial Group, the parent company of troubled U.S. lender Silicon Valley Bank (SVB), is looking for ways to sell off its assets and is considering entering bankruptcy protection. дальше »

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Grow Bank Merges Crypto And Fiat Currencies in New Swiss Venture

While cryptocurrency gains mainstream adoption across sectors, some traditional financial institutions are beginning to accept it. A recent report revealed that a new Zurich-based fintech, Grow Bank, plans to integrate crypto and fiat currency into its services. дальше »

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USDC Survives Silicon Valley Bank Collapse and Clears Backlog

Circle, the issuer of USDC, announced that they had cleared all the backlog of minting and redemption. The stablecoin got depegged over the weekend. The post USDC Survives Silicon Valley Bank Collapse and Clears Backlog appeared first on BeInCrypto. дальше »

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9 key metrics to analyze the health of a bank

Discover nine crucial metrics to analyze bank health: equity, ROA, ROE, NPLs, CAR and more.

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В Morgan Stanley заявили, что биткоин испытывает негативное влияние от проблем с банками США

Банковский сектор США продолжает лихорадить. Банк Morgan Stanley полагает, что связь биткоин-сферы с классическими банкам США играет в минус криптовалюте №1. Напомним, что за последние дни с банковского сегмента ушли три банка, Silvergate Capital, Silicon Valley Bank и Signature Bank, в которых держали счета несколько тысяч компаний, работающих в сфере криптовалют. ФРС США и Минфин […] дальше »

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Stop Blaming Crypto for Traditional Finance Failures

After the recent collapse of three banks – Silicon Valley Bank, Silvergate Bank and Signature Bank – many pointed fingers at crypto as the cause. But crypto may actually be the solution, not the problem. дальше »

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India and UAE work towards joint CBDC

In a significant move towards fostering innovation in the financial sector, the Central Bank of the United Arab Emirates (CBUAE) and the Reserve Bank of India (RBI) have signed a memorandum of understanding (MoU) in Abu Dhabi. The MoU aims… дальше »

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Banks Offering Bids for Signature Bank Must Give Up Crypto Business

Sources have said that those who acquire Signature Bank must drop any crypto-related business, according to Reuters. The post Banks Offering Bids for Signature Bank Must Give Up Crypto Business appeared first on BeInCrypto. дальше »

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Акционеры Silicon Valley подали коллективный иск к администрации банка за мошенничество

Глава Silicon Valley Bank (SVB) Грег Беккер и финансовый директор Дэниел Бек стали фигурантами коллективного иска акционеров банка по подозрению в злоупотреблении служебным положением. дальше »

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Signature Bank’s Prospective Buyers Must Agree to Give Up All Crypto Business: Report

The Federal Deposit Insurance Corporation (FDIC) has reportedly asked banks interested in acquiring the shuttered New York institution to submit bids by Friday. дальше »

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Blame traditional finance for the collapse of Silicon Valley Bank

Silicon Valley Bank’s downfall was a product of traditional finance — critics shouldn’t conflate the issue with cryptocurrency.

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Congressman Emmer attacks FDIC for ‘weaponizing’ bank closures to attack crypto

Tom Emmer, Republican Congressman for Minnesota, wrote a letter to the Chairman of the Federal Deposit Insurance Corporation (FDIC), Mark Gruenberg, on March 15 expressing his concerns about the recent closures of digital asset and tech-centered banks like Silvergate, Signature Bank, and Silicon Valley Bank. дальше »

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How The USDC Depeg Will Impact DeFi, Expert Explains

Following the closure of Silicon Valley Bank (SVB), the value of the world’s fifth-largest cryptocurrency, USD Coin (USDC), plummeted to an all-time low on Saturday. The U. S. -based company behind the coin, Circle, revealed that $3. дальше »

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U.S. Federal Reserve’s Real-Time Payments System Coming In July

The U.S. Federal Reserve is activating its long-awaited real-time payments system in July, the central bank said in a Wednesday statement, marking a transition that some have seen as a government challenge of the crypto sector’s instant-transaction advantages. дальше »

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U.S. Federal Reserve’s Real-Time Payments System Coming in July

The U.S. Federal Reserve is activating its long-awaited real-time payments system in July, the central bank said in a Wednesday statement, marking a transition that some have seen as a government challenge of the crypto sector’s instant-transaction advantages. дальше »

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Crypto Custody Firm Anchorage Digital Axes 20% Of Staff, Blames Regulatory, Macroeconomic Challenges

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Justin Sun traded USDC fear after SVB collapse

At the height of USD Coin (USDC) panic — when news broke that much of its backing was stuck in recently-collapsed Silicon Valley Bank — Tron (TRX) founder Justin Sun traded millions of USDC. дальше »

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Senator Warren says Fed chair 'has to recuse himself' from reviewing regulatory failures

Jerome Powell called for a “thorough, transparent, and swift review” of the Federal Reserve's supervision and regulatory activities following Silicon Valley Bank's closure. дальше »

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Credit Suisse Shares Drop Nearly 25%, Is Bitcoin Gearing For Another Rally?

As the global bank crisis spreads, Credit Suisse Group AG, a Switzerland-based global investment bank and financial services firm, seems to have been caught in the contagion, which could lead to more gains for Bitcoin and the crypto market. дальше »

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Swiss National Bank says it will support Credit Suisse if necessary

Swiss regulators reaffirm the soundness of the Swiss financial system, following recent concerns about Credit Suisse.

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Why isn't the Federal Reserve requiring banks to hold depositors' cash?

The fact that most banks aren’t required to keep your money on hand makes it likely that more bank failures will occur in the months ahead. дальше »

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Jim Cramer says bank protection via FDIC is unreliable

Jim Cramer, the Mad Money host on CBNC, has given his opinion on insuring and protecting banks as the federal government intervenes in the recent major bank crashes. дальше »

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Как трейдеры использовали ситуацию с коллапсами банков в свою пользу?

Еще три недели назад, в последнюю неделю февраля, автор популярной экономической рассылки The Diff с 48 тыс. подписчиков Бирн Хобарт выступил с предупреждением — он описал вероятный сценарий краха банка Silicon Valley Bank (SVB). дальше »

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US lawmaker accuses FDIC of using banking instability to attack crypto

The collapse of Signature Bank, Silicon Valley Bank and Silvergate Bank has had many in the space reeling — but is the U.S. government trying to “choke off digital assets”? дальше »

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Silvergate Wasn't Cut Off From Loans, Lender Says

The Federal Home Loan Bank of San Francisco, the bank that supplied $4.3 billion to Silvergate late last year, did not force Silvergate to repay the advances which have been rumored to be the reason why the crypto-friendly bank had to go into voluntary liquidation, it said. дальше »

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Don’t Get Your Hopes Up: SVB's Demise Won't Bring Interest Rates Down

The Federal Reserve’s new Bank Term Funding Program is a backstop for banks – but also a license to let interest rates rip. дальше »

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Clara Medalie: Bitcoin and Nasdaq’s correlation is at its lowest since FTX collapse

Clara Medalie, director of research at digital assets data provider Kaiko, says Bitcoin (BTC/USD) is currently showing the least correlation with Nasdaq. Medalie shared her market outlook during an interview with CNBC, where she highlighted Bitcoin’s latest rally in the aftermath of major shockwaves in the banking sector as crypto-friendly banks Silvergate Bank, Silicon Valley […] The post Clara Medalie: Bitcoin and Nasdaq’s correlation is at its lowest since FTX collapse appeared first on Invezz. дальше »

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What Is Cross River Bank, USDC Stablecoin Issuer Circle’s New Partner?

The New Jersey-based regional bank has an increased profile after the trio of recent bank collapses – and will likely face added regulatory scrutiny. дальше »

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CBDCs could provide smooth cross-border payments, says Bank of Israel official

The adviser to the deputy governor and CBDC project manager spoke at Fintech Week Tel Aviv on how a recent CBDC experiment proved efficient in cross-border transactions. дальше »

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Is Credit Suisse Next in Line for Turmoil after Major Backer Halts Funding?

Coinspeaker Is Credit Suisse Next in Line for Turmoil after Major Backer Halts Funding? The firm’s Chairman Axel Lehmann declined to comment on whether it will need assistance from the government in the future, he highlighted that the bank has no problems as it has good return capital ratios. дальше »

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Bank Runs Like These Are The Reason Bitcoin Exists

We may be heading into another financial crisis, government bailouts for reckless banks included. Bitcoin exists to fix this. дальше »

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Coinbase launches zero-fee local bank transfers in Singapore 

Coinbase has rolled out free fiat deposits and withdrawals via local bank transfers for its Singaporean customers. Users can now transfer funds to and from their Coinbase accounts via Standard Chartered bank at no extra cost. Coinbase crypto exchange has… дальше »

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India and UAE to Collaborate on Developing Digital Currencies

India and the United Arab Emirates (UAE) will collaborate on central bank digital currencies (CBDCs) by jointly conducting at least one pilot. дальше »

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Robinhood Users Unable to Realize Bets Profits against SVB and Signature Bank

Coinspeaker Robinhood Users Unable to Realize Bets Profits against SVB and Signature Bank Robinhood users have taken to Twitter to express their displeasure as they are unable to revel in the SVB and Signature Bank failure. дальше »

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Accusations of Money Laundering Surface at Signature Bank

US Regulators are reportedly investigating the crypto-friendly Signature Bank for money laundering. Is it a part of the operation Choke Point? The post Accusations of Money Laundering Surface at Signature Bank appeared first on BeInCrypto. дальше »

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SVB and FTX-backed Chipper Cash contemplates sale or new investor

Chipper Cash, an African fintech company backed by Silicon Valley Bank and the defunct crypto exchange FTX, is reportedly considering various strategic moves, including a potential sale or attracting new investors. дальше »

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Anchorage lays off 20% of staff as crypto volatility persists

Anchorage Digital, the first federally chartered crypto bank in the US, has announced a layoff of around 20% of its staff, totaling 75 people, as the prolonged bear market in the crypto industry continues to take its toll. The company… дальше »

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Elon Musk Responds to Cathie Wood About Bitcoin (BTC), Ethereum (ETH) Rising in Current Bank Crash

Tesla chief supported Cathie Wood regarding current crisis in US banking sphere дальше »

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В Signature Bank обвинили власти США в желании «выслать антикриптовалютное послание»

Барни Фрэнк, член Правления Signature Bank, выдвинул свою версию отзыва лицензии у кредитной организации. Как стало известно, Барни Фрэнк, член Правления банка Signature Bank, а также ранее бывший конгрессмен в Палате представителей, полагает, что закрытие операционной деятельности этой кредитной организации со стороны Нью-Йоркского департамента финансовых услуг (NYDFS) есть на самом деле негативное послание, которое федеральные […] дальше »

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MEV Rewards on Ethereum Reach All-Time High During SVB Bank Run and USDC Depeg

Profits made from MEV were more than twice as high as the last peak during the FTX implosion. дальше »

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Signature bank was under criminal investigation ahead of closure

The US prosecutors were looking into Signature Bank’s dealings with crypto clients when regulators abruptly shut down the institution on March 12. The regulators said that keeping the bank open would pose a threat to the stability of the entire… дальше »

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Circle CEO: $3.3 Billion stuck at SVB may be recoverable

Circle CEO Jeremy Allaire confirmed that the firm has accessed the funds stuck at Silicon Valley Bank Allaire believes the $3. 3 billion stuck in SVB will be fully recovered Jeremy Allaire, tThe post Circle CEO: $3. дальше »

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Coinbase Launches Local Bank Transfers for Singapore Users at Zero Cost

Coinspeaker Coinbase Launches Local Bank Transfers for Singapore Users at Zero Cost Coinbase has integrated Singpass, making it more convenient for customers to sign up on the exchange. дальше »

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Australia's Treasury and Reserve Bank Held Consultations With Coinbase, Others

Australia's central bank and Treasury have held meetings with international crypto industry executives on the future of digital assets and regulation in the nation. дальше »

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