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Speculation Intensifies Over US Banking Sector’s Fate as Fed’s BTFP Closure Looms

[Mar 10 1:00 AM] This weekend, many are intrigued by the potential outcomes following the cessation of the U.S. Federal Reserve’s Bank Term Funding Program (BTFP), launched amidst the significant banking collapses in March 2023. Some argue that the banking…

Economist Dr. Nomi Prins Sees Potential for Massive Banking Crisis, Foresees QE as Remedy

[Feb 9 3:00 PM] This week, during a recent interview, the renowned geo-macro economist and acclaimed author Dr. Nomi Prins shared insights on the Federal Reserve’s future actions, particularly regarding whether the central bank will reduce the federal funds…

Former Bitmex Chief Foresees Bitcoin Rising to $1 Million Amid Banking Bailout and Money Printing Surge

[Feb 8 9:30 PM] Arthur Hayes, former CEO of crypto exchange Bitmex, has predicted a remarkable surge in the price of bitcoin, envisioning it reaching $1 million amidst anticipated banking bailout measures and significant money printing by the Federal Reserve…

New York Community Bancorp Counters Moody’s Junk Status, Asserts Strong Deposits

[Feb 8 7:30 AM] Just one week following a dramatic plunge in New York Community Bancorp’s shares, which tumbled 40% in a single day at January’s close, Moody’s Investors Service downgraded the bank’s credit rating to junk status. The bank’s…

US Banking Sector Volatility — Distressed Commercial Real Estate Sector Raises Default Concerns

[Feb 1 12:30 PM] Following the U.S. central bank’s decision to keep the federal funds rate unchanged, the turbulence in the commercial real estate market has sent shockwaves through the country’s banking sector and internationally as well. On Thursday…

Bitcoin Set For Weekend Rally Amid New Banking Crisis: Arthur Hayes

[Feb 1 4:30 AM] Arthur Hayes, the founder of BitMEX, has offered an in-depth analysis of the current financial landscape and its potential impact on Bitcoin, especially in light of the recent challenges faced by New York Community Bancorp (NYCB) and the broader…

New York Community Bancorp Grapples With 40% Share Drop Following Disappointing Earnings Report

[Jan 31 12:30 PM] New York Community Bancorp (NYCB) faced significant challenges on Wednesday, with its shares plummeting by over 40%, prompting a halt in trading. Currently, NYCB shares have experienced a decline of just above 36%, trading at $6.61 per share. Last…

Signature’s crypto clients told to close their accounts by April 5: Report

[Mar 28, 2023 8:01 PM] Any crypto deposits not transferred to another bank by April 5 will be liquidated and a check mailed to the client's address.