U.S. Banking Crisis Could Present an Opportunity for Some Crypto Exchanges: JPMorgan
[Mar 24, 2023 3:27 AM] Stablecoin trading volumes have increased following the run of bank collapses in the U.S., the report said.
6 / 8 Relevant items tagged with #Banking
Posts: 225
Posts
Ethereum faces 6-month lows versus Bitcoin — Will ETH price rebound?
[Mar 23, 2023 4:18 AM] Ethereum price has turned oversold against Bitcoin, raising the possibilities of a rebound in the coming weeks.
Rapid Bank Runs Reveal Deposits Are Now Magic Internet Money, Too
[Mar 22, 2023 4:15 PM]
Traditional banks rely on ‘tiny buffer’: Paris Blockchain Week 2023
[Mar 22, 2023 8:28 AM] Signature Bank is the best place for crypto banking, even if it goes bankrupt, Woorton co-founder Zahreddine Touag believes.
The impact of the Credit Suisse bank crisis on the crypto market
[Mar 22, 2023 4:10 AM] Cointelegraph analyst and writer Marcel Pechman explains how the Credit Suisse bank crisis will impact the crypto market.
Bitcoin Holds Firm Above $28K, Equities Rise Amid Banking Sector Rebound
[Mar 21, 2023 3:43 PM] The FOMC will announce its next interest rate decision on Wednesday with markets betting squarely on a 25 basis point rate increase.
Bitcoin and the Liquidity Question: More Complex Than It Seems
[Mar 21, 2023 1:24 PM]
Swedish pension fund Alecta dumps First Republic Bank shares after price plummets
[Mar 21, 2023 10:40 AM] The Swedish fund was the bank’s fifth largest shareholder; the fund’s CEO said the uncertainty surrounding First Republic was too great.
Why is Bitcoin rising amid collapsing banks? Watch The Market Report
[Mar 21, 2023 10:30 AM] On this week’s episode of The Market Report, Cointelegraph’s resident expert explains why Bitcoin is rising and why banks are collapsing.
Yellen defends government intervention to avoid another SVB
[Mar 21, 2023 7:33 AM] The Treasury Secretary of the U.S. Janet Yellen said the federal government will intervene if it is necessary to protect other small lenders.
UK Crypto White List Needed to Solve 'Debanking,' Lobby Group Says
[Mar 21, 2023 5:43 AM] British banks have said they keep people away from crypto for their customers' own protection
EU Crypto Banking License Procedures Are Too Inconsistent, ECB Says
[Mar 21, 2023 5:30 AM] The eurozone supervisor is seeking to smooth out a process dominated by German and Luxembourgish banks.
Bank collapses are spurring interest in self-custody startups
[Mar 20, 2023 2:20 PM] The implosions of Signature Bank and Silicon Valley Bank are giving self-custody startups an opportunity to prosper.
Investors shelter in short-term Treasuries, reducing Bitcoin’s chance of rallying to $30K
[Mar 20, 2023 1:30 PM] Bitcoin price finally broke through the $28,000 mark, but BTC futures and options data suggest some traders are uneasy about the strength of the recent bullish momentum.
First Republic Bank’s Shares Downgraded to Junk Status by S&P Global; Stock Slides More Than 25% Lower
[Mar 20, 2023 11:30 AM] After UBS acquired Credit Suisse and close to a dozen financial institutions injected $30 billion into First Republic Bank four days ago, S&P Global downgraded First Republic’s shares to junk status on Sunday. Investors are concerned that…
Credit Suisse’s Buyout Shows Banks Still Have a Banking Problem
[Mar 20, 2023 9:44 AM]
No Crypto Banking Port Has Really Opened Up in This U.S. Storm
[Mar 20, 2023 8:49 AM] 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.
Rattled crypto industry could emerge stronger after USDC depeg
[Mar 20, 2023 7:41 AM] Did the depegging reveal stablecoins’ limitations, or was it a learning moment?
Blockchain to Become More Relevant in Payments This Year, Sberbank Exec Says
[Mar 20, 2023 5:30 AM] Blockchain technology can help solve current issues with settlements, according to the deputy chief executive of Sberbank. Russia’s largest bank is working with other financial institutions to develop blockchain-based payment applications, the…
Cryptocurrency Outlook Is Strengthened by U.S. Banking Turmoil: Coinbase
[Mar 20, 2023 4:56 AM] More people now appreciate the fundamental value proposition of having an alternative to the traditional financial system, the report said.
UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal
[Mar 18, 2023 2:30 PM] After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to…
More 186 US banks well-positioned for collapse, SVB analysis reveals
[Mar 17, 2023 11:33 PM] Rising interest rates, which brought down the U.S. banking system’s market value of assets by $2 trillion, combined with a large share of uninsured deposits at some U.S. banks, threatens their stability.
Undeterred by Fears of a Banking Crisis, ECB Raises Interest Rates by 50bps
[Mar 17, 2023 4:30 PM] The European Central Bank (ECB) has convened to raise three of its key interest rates by 50bps (0.5%), fueled by the persistence in the inflation numbers reported by the bloc. Christine Lagarde, president of the institution, stated that the banking…
Protego’s conditional national bank status expired without approval: Report
[Mar 17, 2023 4:17 PM] In a week when the crypto industry — and the rest of the world — was beset by bad news about banking, one more banking setback has come to light.
Former NY Regulator: Crypto Isn't the Reason Why Signature Bank Was Closed
[Mar 17, 2023 12:59 PM] But instead, the firm did not provide reliable and consistent data, creating a significant crisis of confidence in the bank’s leadership, Maria Vullo, previously a superintendent at the government department, told CoinDesk TV’s “First Mover.”
This Crisis Will Define the Future of Money
[Mar 17, 2023 12:11 PM] The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has caused worrying outflows at hundreds of regional banks. Now, with the U.S. Federal Reserve creating a new backstop facility reportedly…
Banking crisis: What does it mean for crypto?
[Mar 17, 2023 11:00 AM] Cointelegraph breaks down the main events that led to the collapse of Silvergate, SVB and Signature Bank and explains what this all could mean for crypto.
US Bank Outflows and Concerns Mount: 11 Banks Bail Out First Republic Bank From Collapse
[Mar 17, 2023 8:00 AM] After the fall of Silvergate Bank, Silicon Valley Bank (SVB), and Signature Bank (SNBY), First Republic Bank, a commercial bank and wealth management services provider, is the latest financial institution to receive a bailout. Close to a dozen…
Is Ether a Security?
[Mar 16, 2023 5:38 PM] Last Thursday morning, I wondered whether I needed to write a follow-up piece about Silvergate Bank. On Thursday evening, I wondered whether my main topic should instead be about ether potentially being a security. And then, obviously, some things…
A Recap Of Last Week’s Banking Contagion And Bitcoin
[Mar 16, 2023 1:11 PM] 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. This is an opinion editorial by Dillon Healy, institutional partnerships at Bitcoin Magazine and Bitcoin 2023.The biggest…