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Could a Bitcoin bull run be triggered by Fitch’s US credit rating downgrade?

[Aug 3, 2023 1:05 PM] Fitch downgraded the U.S. credit rating due to its government debt and potential challenges in handling its fiscal responsibilities. Will Bitcoin’s price benefit from this decision?

China’s Credit Agency Downgrades US Credit Rating Over Debt-Ceiling Standoff and Looming Default

[May 27, 2023 12:00 PM] China’s oldest credit rating agency, Chengxin International Credit Rating (CCXI), made headlines this week by downgrading the United States’ credit rating. The agency lowered the rating from AAAg to AAg+ and attributed this decision to…

Coinbase stock will be ‘weighed down’ until US rules are clear: Citi

[May 2, 2023 6:41 PM] The investment bank downgraded Coinbase stock to "Neutral" amid the exchange's ongoing battle with U.S. regulators.

Central Banks Reduce US Dollar Swap Lines to Weekly Auctions Amid Moody’s US Banking Sector Downgrade

[Apr 25, 2023 2:00 PM] After the tumultuous downfall of three major banks, namely Silvergate Bank, Silicon Valley Bank, and Signature Bank, several central banks made a collaborative announcement of a swift, coordinated emergency response. The intervention aimed to…

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…

Moody’s Downgrades US Banking Sector to Negative After Collapse of Three Major Banks

[Mar 14, 2023 3:30 PM] After the failure of three major U.S. banks last week, with two of them being the second and third largest banking failures in the country, Moody’s Investors Service has downgraded the rating of the U.S. banking system from…

Coinbase Severs Ties With Silvergate Bank Amidst JPMorgan Downgrade and Delayed SEC Filing

[Mar 2, 2023 2:30 PM] On March 2, 2023, the cryptocurrency exchange Coinbase announced that, in light of recent developments, the company is “no longer accepting or initiating payments to or from Silvergate Bank.” The news follows the crypto bank’s…

Publicly-Listed Bitcoin Miner Argo Blockchain Suspends Nasdaq Trading

[Dec 27, 2022 5:30 PM] Bitcoin miner Argo Blockchain announced that it requested the suspension of trading its company shares on Dec. 27, as the company expects to make an announcement on Wednesday, Dec. 28, 2022. The company’s stock has lost 96.34% year-to-date and on…