2023-4-29 00:39 |
Internal reviews of the supervision of Silicon Valley Bank and Signature Bank have been released, showing weaknesses on the part of the banks’ regulators as well as management.
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The recent failures of Silvergate and Signature Bank left Binance. US without banking services. Binance. US is looking for a new bank partner to serve as a fiat on-ramp and off-ramp for its clients in the US.
2023-4-10 12:26 | |
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The U. S. banking crisis that began with the collapse of Silicon Valley Bank seemingly did little to curb interest in crypto trading. According to a recent report from CCData, the total trading volume across centralized exchanges increased by over 25% in March, showing that crypto trading flourishes in highly volatile markets.
2023-4-6 13:22 | |
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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.
2023-3-17 18:53 | |
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The Bank of England (BoE) has given a forecast showing they expect inflation to fall at a high rate this year. Based on the forecast, inflation will fall to 3% by the first quarter of 2024, go below the 2%…
2023-2-3 14:11 | |
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Signature Bank has released its mid-Q3 update showing a decrease in spot deposit balances attributed to crypto outflows totaling $4.27 billion. The post Signature Bank suffers $4.27B deposit outflows as crypto uncertainty takes hold appeared first on CryptoSlate.
2022-9-7 12:30 | |
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One of the top officials at the U.S. Federal Reserve, Vice Chair Lael Brainard, made it abundantly clear that the central bank – which is also a powerful financial watchdog – is paying careful attention to the flaws showing up as the crypto sector founders.
2022-7-9 18:47 | |
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With the Bank of Japan trying yield curve control, negative GDP growth in the United States and cracks showing in the eurozone, bitcoin looks like a smart bet.
2022-7-1 07:00 | |
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Bank of America has released a report recently, questioning the status of bitcoin as an inflation hedge considering its recent correlation with the stock market. The post Not an Inflation Hedge: Bitcoin Showing Close Correlation With Stocks, Says Bank of America Analysts appeared first on BeInCrypto.
2022-5-8 16:00 | |
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While cryptocurrency markets are struggling to hold support this weekend, Metaverse coins are showing bullish momentum as the global Metaverse market cap holds above $34 billion. Last week, investment bank Citi saw the Metaverse economy as large as $13 trillion by 2030, signaling the tremendous long-term potential for the sector.
2022-4-3 05:12 | |
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The bank says its clients are showing “significant interest” in accessing DeFi yields, but due to regulatory restrictions, they can’t yet deploy liquidities at a large scale in Aave. The post SEBA Bank Submits A Proposal To Be A Whitelister to Aave Arc first appeared on BitcoinExchangeGuide.
2021-12-23 00:09 | |
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Brazil’s Central Bank has released data showing that its citizens have spent a total of $4.27 billion on cryptocurrency alone since the beginning of the year. The post Brazilians bought over $4 billion worth of crypto in 2021 appeared first on CryptoSlate.
2021-10-20 01:00 | |
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Zeno Staub, CEO of pro-crypto Swiss banking giant Vontobel, has revealed that the firm’s wealthy clients are showing an appetite for cryptocurrency exposure. Major banks in the United States, Europe, and Asia are beginning to offer structured Bitcoin (BTC) and virtual currency-related investment products to their wealth management clientele. Wealthy Clients Keen on Adding CryptoRead More
2021-7-29 04:00 | |
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The Spanish are now showing interest in joining the central bank digital currency (CBDC) bandwagon. Spanish Political Party Proposes CBDC According to a report by Spanish newspaper El Economista, the Spanish Socialist Party (PSOE) – the governing political body in Spain – has proposed the creation of a Spanish CBDC. For the uninitiated, the PSOERead More
2021-6-30 17:00 | |
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RBI’s notorious circular back in 2018 prohibiting banks from offering services to crypto firms may have been revoked in March 2020, but the central bank is showing no signs of changing its tune on crypto-assets.
2021-6-5 18:56 | |
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The crypto market’s recent performance has left Washington showing that it still has a lot to learn. As most cryptocurrencies continue trading sideways after massive losses, bank regulators testified for hours on end at Capitol Hill today.
2021-5-21 22:13 | |
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Mike Novogratz-founded Galaxy Digital reports a 58% increase in its comprehensive income as it has surged to $860 million in Q1 this year
2021-5-17 17:09 | |
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Analysts at US bank JPMorgan say the Bitcoin (BTC) market is showing signs of weakness, as per a report on financial news outlet Bloomberg. The post JPMorgan says Bitcoin is showing ‘weakness’ as fund inflows fall appeared first on CryptoSlate.
2021-4-21 13:09 | |
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The Federal Reserve Bank of Dallas has published a paper showing how cryptocurrency markets are affected by crypto regulatory actions. The research also determines whether the authorities have some scope to make cryptocurrency regulation effective.
2020-4-21 21:15 | |
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Following the ruling by the supreme court in India that upturned the Reserve Bank of India (RBI) ban on cryptocurrency trading, high hope has returned to the cryptocurrency space. Prices of cryptocurrencies are already showing positive signs of the impact of the several million Indians getting back online as crypto exchanges resume trading with commercial […]
2020-3-8 21:16 | |
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India’s Supreme Court released the long-awaited ruling on the crypto ban imposed by the Reserve Bank of India (RBI) in favor of the cryptocurrency industry. Yet, despite the optimism surrounding the decision, the Bitcoin price is showing no signs of an immediate upsurge.
2020-3-5 13:08 | |
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The Bank of International Settlements (BIS) conducted a survey, showing roughly ten percent of central banks are expected to issue a Central Bank Digital Currency in the near future. The BIS report was released on January 23 and presented the results from a survey conducted on 66 central banks from all over the world, investigations […]
2020-1-24 00:30 | |
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Telegram Group, the company behind the TON blockchain project, has reportedly refused to share information with the SEC showing how much it spent of the $1. 7 billion raised from investors in the past couple of years and where.
2020-1-5 02:30 | |
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One of the the longest running crypto asset exchange platforms has tried to tempt employees at the Nordea bank away from the anti-Bitcoin financial institution. Kraken tagged the Northern European giant in a tweet showing off its own latest and extensive employment opportunities.
2019-12-6 01:00 | |
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Reports are emerging that Russia’s stance on crypto has turned negative. The news comes in the wake of a week of FUD stemming from another ‘bitcoin ban’ in China. It is no surprise that central banks do not favor decentralized currencies in a world where they’re racing to launch their own ones.
2019-11-30 10:34 | |
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China’s Yingkou Coastal Bank was forced to stack yuan behind the counter recently as it struggled to meet withdrawal demands. This is a problem that China has faced multiple times in the past month throughout the country.
2019-11-29 18:15 | |
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It would be easy to believe that governments and Central Banks showing their interest in blockchain and cryptocurrency would indicate flattery to the decentralized pioneering coins. Instead, it should be considered a direct threat and stern competition.
2019-11-5 01:47 | |
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Recently, a spate of banking failure and ATM outages have been cropping up across the world. Primarily, these have been in places like India and politically volatile regions like Hong Kong. However, reports out of America are now showing countrywide outages from Bank of America, leading Bitcoin’s lack of centralized financial authority to shine through.
2019-10-31 00:10 | |
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The #1 crypto asset is showing no signs of weariness today despite the worsening China-US trade tensions and growing fears of a global recession. Here are the main reasons behind Bitcoin’s latest 10% gain.
2019-8-5 18:00 | |
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Trump pressuring the fed for the rate cuts before Wednesday meeting Cracks have begun to appear in the growing US economy Early signs of warning are showing, After Deutsche bank, Citibank to cut jobs This is rocket fuel for Bitcoin This week the Federal Reserve will most likely cut interest rates for the first time […]
2019-7-30 20:04 | |
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The English rock band Joy Division released their debut studio album “Unknown Pleasures” 40 years ago. The front cover doesn’t feature any words, only a now iconic black and white data graph showing 80 wiggly lines representing a signal from a pulsar in space.
2019-7-20 12:00 | |
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A photograph showing two men walking next to a Deutsche Bank sign-carrying tote bags with “Bitcoins” written on them went viral on social media, leading many to believe they were one of the thousands that were laid off in the bank’s recent staff cuts.
2019-7-10 00:44 | |
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Wise MPay working with Jelurida to launch blockchain financial platform - CryptoNinjas Singapore-based global payments technology company, Wise MPay, announced they are working with blockchain specialists, Jelurida, to launch a public-permissioned blockchain financial services (BFS) platform.
2019-6-19 05:07 | |
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Tether Ltd. Releases Bank Statements, Showing Proof that It Has Enough USD to Back USDT in Circulation Tether is one of the most popular stablecoins in existence and is also a very controversial one and it has been involved in several scandals over the last few years. Since it gained popularity it had been accused […]
2019-6-12 16:22 | |
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Myanmar, a small developing country tucked in the western side of Southern Asia is showing signs of ignoring the bitcoin craze that has been on since its development. Since bitcoin is built on a concept that could entirely do away with banks if adopted due to its decentralization aspect, central banks are a little terrified […]
2019-5-21 02:01 | |
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Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency.
2019-3-1 20:16 | |
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Jennifer Robertson, the widow of the late QuadrigaCX exchange CEO, appears to be liquidating and shuffling some estate assets. When QuadrigaCX founder and CEO Gerald Cotten passed away suddenly in December of 2018 in India, he was allegedly the only person with the knowledge of the exchange’s cold storage keys.
2019-2-15 22:06 | |
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For those QuadrigaCX users who were fortunate enough to have withdrawal requests honored, some appear to have received their funds through unconventional means. An anonymous QuadrigaCX user who corresponded with Bitcoin Magazine said that they received a bank deposit from Robertson Nova Consulting Inc.
2019-2-15 20:28 | |
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Yellow vest workers have published a video showing what must be thousands of pre-printed euro notes being burned in protest. Workers at a minting factory in a French town called Jouy-sur-Morin. .
2019-2-9 17:57 | |
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With newly released data showing slower growth in the euro-zone, the struggle of Deutsche Bank, and BNP Paribas cutting $683 million in expenses, the euro may be in deep trouble. In the last quarter of 2018, a period in which even U.
2019-2-7 17:20 | |
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The Bank of International Settlements (BIS) has published a survey showing that most central central banks are “proceeding cautiously” on issuing their own digital currencies. Only a handful are planning to do so in the near future, it said.
2019-1-9 02:10 | |
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Rumors about stablecoin Tether not being fully backed by dollar reserves are looking increasingly thin, according to the latest bank statements, which show that USDT is fully backed by dollar reserves.
2018-12-18 16:00 | |
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China’s central bank boasted earlier this year that their probably illegitimate ban of crypto exchanges was very successful, but a new study is showing that the user numbers of cryptonians. .
2018-12-13 20:26 | |
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Tether Limited is back in the news; this time, it has confirmed a banking relationship with a financial institution based out of the Bahamas. The issuer of the controversial USD-pegged stablecoin tether (USDT) announced its partnership with Bahamas-based Deltec Bank & Trust Limited.
2018-11-2 00:27 | |
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The leading partner with Ripple, Santander has now teamed up with SWIFT to go live in four countries including, Poland, the UK, Spain and Argentina. The banking giant will be using SWIFT’s Global Payments Innovation GPI technology for cross-border payments.
2018-10-12 11:30 | |
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It only takes a few minutes for Bitcoin to lose $200 and that’s exactly was happened today. Not only has Bitcoin crashed earlier today but it took the whole market down with it including Ethereum, XRP, Monero, Stellar and so on.
2018-10-11 17:30 | |
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Blockchain technology could disrupt the financial sector. Its immutable, digital, and publicly available decentralized network challenges the centralized and opaque legacy bank networks. Governments across the world, along with private organizations around the world, are showing interest in working with blockchain technology.
2018-10-2 16:19 | |
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Texas Securities Commissioner Travis J. Iles has issued emergency ordinances against three separate fraudulent cryptocurrency schemes linked to Russian scammers. The orders were issued on September 18, 2018, against DGBK Ltd.
2018-9-20 00:05 | |
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Thursday 13th September 2018 was when Ripple announced on their website that NCB (National Commercial Bank) of the Kingdom Saudi Arabia (KSA) has become the latest enterprise customer and joined up with RippleNet and Ripple’s fast growing network of payment providers, virtual asset exchanges, banks etc.
2018-9-14 16:30 | |
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Barclays have been awash with rumours speculating that they are planning on setting up a cryptocurrency trading desk. The rumours soon hit a dead end when a spokesperson from Barclays came out and debunked the rumours, stating that: “Cryptocurrency is a real challenge for us because, on the one hand, there is the innovative side of it and wanting to stay in the forefront of technological improvement in finance.
2018-8-9 08:00 | |
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Àíàëîã Notcoin - Blum - Èãðàé è çàðàáàòûâàé Ìîíåòû
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In April there hasn’t been a single day where total sellers on the market haven’t exceeded total buyers.
Coinspeaker Goldman Sachs CEO Not Worried about Competition from New Apple Savings Account but Is Considering Possible ‘Cannibalization’ According to the Goldman Sachs CEO, the Apple account the large bank powers does not compete directly with Marcus and may not pose any problems.
Coinspeaker Weekly Jobless Claims Climb to 198,000 as Employers Remain Reluctant to Downsize The latest jobless claims indicate that the US labor market is tight amid rising interest rates as applications rose by 7,000.
Coinspeaker SVB Customers Tried to Withdraw All of Bank’s Deposits in Final Days, Says Fed’s Barr Michael Barr, vice chair for supervision at the Federal Reserve, says that SVB's deposits were in major trouble on the day regulators seized and took control over the bank.
Coinspeaker First Republic (FRC) Shares Jump 15% as Regional Bank Stock Rebounds Since the collapse of Silicon Valley Bank, several industry stakeholders have been doing all they can to help cushion the pangs in the firm to help prevent it from collapsing.
Coinspeaker First Citizens to Acquire Silicon Valley Bank after Striking Deal with FDIC First Citizens has acquired failed bank Silicon Valley and will open former SVB branches today as First Citizens Bank and Trust Company.