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Bitcoin rallies amid US watchdogs’ intervention in bank crisis
BTC, seems to be recovering amid US regulators' latest moves on the SVB/Silicon matter. Both the Federal Reserve and the TDIC have jumped in to protect the two bank's customers as well as Signature's. дальше »
2023-3-13 11:00 | |
Bank of America Economist: ‘There Should Be No Upper Bound for the Size of Stimulus’
Amid the coronavirus pandemic, worldwide governments have decided that there is effectively no limit to their money printing. That was confirmed recently by a statement from Bank of America. A major recession seems certain amid the global market panic. дальше »
2020-3-22 11:15 | |
Media Warns People Not to Take ‘a Bunch of Cash Out of the Bank’
Even though it’s your money, major news outlets are warning consumers not to take it out of the bank amid the coronavirus outbreak. As the coronavirus panic continues, many people have been anxious to take out cash from the bank. дальше »
2020-3-21 15:15 | |
Bank of England Cancels Stress Test for UK Banks, Too Afraid to Fail?
On Friday, the Bank of England (BoE) and the Prudential Regulation Authority (PRA) cancelled the 2020 stress test of eight major British banks and building societies, citing the emergency situation amid the coronavirus outbreak. дальше »
2020-3-20 16:00 | |
Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare
In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. дальше »
2020-3-19 19:00 | |
Bank Branch in New York Suffers Cash Shortage Amid Coronavirus Panic
The viability of fiat currency is being stretched to its limit as banks run out of cash in New York amid the novel coronavirus pandemic. Fear continues to spike and reports are now confirming that New Yorkers are taking out cash in record numbers, particularly the wealthy. дальше »
2020-3-16 06:15 | |
Bitcoin derivatives muted as Fed cuts interest rates
It's official - the Federal Reserve is going into full panic mode. On 3 March, amid the Covid-19 market meltdown, the U.S central bank slashed interest rates by 50 basis points, the highest single-The post Bitcoin derivatives muted as Fed cuts interest rates appeared first on AMBCrypto. дальше »
2020-3-4 17:00 | |
India’s Central Bank Hints that Cryptocurrencies Will Be Banned
The governor of India’s central bank, Shaktikanta Das, has restated that the Indian government is against private cryptocurrencies. This all comes ironically amid talks of India launching its own Central Bank Digital Currency (CBDC). дальше »
2019-12-7 20:10 | |
Bitcoin Remittance Pipeline Setup For Lebanon Amid Dollar Shortage and Tense Standoff
Lebanon is facing a banking crisis of such severity a judge had to order a bank to release deposited funds. “The [Lebanese] economy doesn’t rely on the local currency, the... The post Bitcoin Remittance Pipeline Setup For Lebanon Amid Dollar Shortage and Tense Standoff appeared first on Trustnodes. дальше »
2019-11-27 20:06 | |
Amid Upheavals Across the World, Bitcoin Still Falls
106 people have been killed in Iran according to Amnesty International in the past few days that have seen a bank being burned. In Lebanon, they have shut down parliament.... The post Amid Upheavals Across the World, Bitcoin Still Falls appeared first on Trustnodes. дальше »
2019-11-20 22:05 | |
Bank of America Shuts Former PayPal Exec’s Bank Account and may have also Closed Justin Sun’s
Tron (TRX) CEO Justin Sun is the latest crypto executive to have his account terminated by a Wall Street Bank. Ex-PayPal executive Roelof Botha, also suffered a similar fate with commentators highlighting the need for greater crypto adoption amid financial censorship from mainstream actors. дальше »
2019-11-19 02:00 | |
Bitcoin Efforts Launched For Lebanon Amid Financial Crisis
Lebanon is on the verge of collapse with the parliament speaker comparing it to the Titanic. The central bank there has apparently engaged in what Nasser Saidi, a former central... The post Bitcoin Efforts Launched For Lebanon Amid Financial Crisis appeared first on Trustnodes. дальше »
2019-11-18 19:16 | |
What Another Fed Rate Cut Means For Crypto?
For the third time this year, the US Federal Reserve has cut interest rates amid a global economic slowdown. Crypto markets did not react to the news but the outlook for the global economy is darkening as another recession looms. дальше »
2019-10-31 11:00 | |
Deutsche Bank Suffers a 832 Million Euro Setback amid Ongoing Restructuring
Coinspeaker Deutsche Bank Suffers a 832 Million Euro Setback amid Ongoing RestructuringIf compared with the previous year, shares of Deutsche Bank have lost over 16%. Earlier this year, the bank announced a wide restructuring plan. дальше »
2019-10-30 20:23 | |
Breaking Bitcoin: Another Mortgage Meltdown Will Prove The Case For Crypto
The subprime mortgage crisis triggered the global financial crisis that, in turn, triggered the bank bailouts and the quantitative easing cycle that followed to prop up a weakened U. S. and global economy. дальше »
2019-10-6 18:39 | |
How Every Fed Member Voted on Today's Interest Rate Cut
As expected, the Federal Reserve voted to reduce its interest rate target to 1. 75% to 2. 00% at its September policy meeting. The US central bank has now cut interest rates at two consecutive FOMC meetings, after not cutting rates for more than ten years amid the US economy's longest-ever expansion. дальше »
2019-9-18 21:39 | |
Dow Slithers Higher, But ‘Shallow Recession’ Lurks
The Dow crept higher on Monday, as the US stock market began its quest to record a third straight weekly gain amid rampant trade war optimism. However, the top economist at investment bank CLSA warns that the US economy is headed for an unavoidable “shallow recession” that could place the market in a precarious position […] The post Dow Slithers Higher, But ‘Shallow Recession’ Lurks appeared first on CCN.com дальше »
2019-9-10 16:36 | |
Dow Grinds Higher After Powell Rebuts Recession Panic
The Dow pounded toward session highs on Friday afternoon after Federal Reserve Chair Jerome Powell clapped back at recession panic and assured investors that the central bank is committed to ensuring that inflation remains close to target. дальше »
2019-9-7 21:31 | |
Stock Market Reverses Gains After Trump Slams Fed
The Dow Jones and other bellwether stock market indices pared gains on Friday after President Trump slammed the Federal Reserve in a classic morning tweetstorm. Trump Bashes Federal Reserve Trump continued his long streak of Fed-bashing by laying into the central bank for raising interest rates in 2018 amid the stock market’s precipitous downturn. дальше »
2019-7-20 17:07 | |
ECB Policymaker Looks to Hasten Crypto Rules amid Facebook’s Libra
In light of Facebook’s upcoming Libra coin, European Central Bank (ECB) Executive Board Member Benoit Coeure is reportedly urging financial regulators to create a viable framework for crypto projects. дальше »
2019-7-8 18:10 | |
China’s Sina Finance adds cryptocurrency support on its application amid government clampdown
The People’s Bank of China [PBOC], the central regulatory authority that regulates Financial Institutions in the country, had issued a statement on June 25 that it would block access to all domestic and foreign cryptocurrency exchanges and ICO websites. дальше »
2019-7-4 03:30 | |
France to create a joint G7 cryptocurrency task force amid Facebook’s Libra woes
France is putting together a Group of Seven Nations (G7) task force to explore how central banks can make sure cryptocurrencies adhere to money-laundering and consumer protection rules. That’s according to the country’s central bank governor who announced the news today. дальше »
2019-6-21 18:28 | |
What Bitcoin Ban? Indian Central Bank Denies Involvement in Crypto Ban Bill
By CCN Markets: The Reserve Bank of India (RBI) has denied knowledge of a proposed bill which would see Bitcoin and crypto ownership in India made entirely illegal. Reports surfaced last week that lawmakers in India were working on legislation that could carry a 10-year prison sentence for anyone caught holding cryptocurrency. дальше »
2019-6-17 12:23 | |
This Stock Market Lifeline Could Come from a Surprising Place: Australia
By CCN: The U. S. stock market struggled for much of the past month, sending the S&P 500, Dow Jones, and Nasdaq lower amid a rapidly-intensifying U. S. -China trade conflict. However, a growing number of equity strategists expect the Federal Reserve to slash its benchmark interest rate, and the impetus for that policy shift could come from a surprising location: Australia. дальше »
2019-6-4 18:37 | |
Ripple CEO Brad Garlinghouse claims 6% of SWIFT transactions require human intervention
Amid reports of Ripple allegedly misrepresenting the actual amount of XRP in their escrow accounts, the US-based blockchain tech firm continues to be one of the fastest growing networks in the world. дальше »
2019-5-19 20:30 | |
‘Shut Down Cryptocurrencies’ Says Joseph Stiglitz As Fiat Markets Tumble
Two of the world’s most infamous Bitcoin naysayers hit the headlines for the wrong reasons yet again May 6 amid global financial market turmoil. Stiglitz: Crypto Attention ‘Disturbed Me’ As stocks plummeted on the back of fresh threats of a US-China trade war, Joseph Stiglitz, the former World Bank head who has recently become known for his distaste for cryptocurrency, said the whole phenomenon “should be shut down. дальше »
2019-5-6 20:00 | |
Eyes Off Bitcoin: Swedbank Fires CEO Amid $151 Billion Money Laundering Scandal
By CCN. com: In recent years, government agencies across the world have vamped up their efforts to crackdown on money laundering involving cryptocurrencies like bitcoin. Yet, money laundering scandals involving some of the largest banks in the world dwarf any cryptocurrency-related incidents. дальше »
2019-3-29 17:05 | |
Big Banks Money Laundering: UBS Fined $4.2 Billion, Danske Shuts Down in 4 Countries
Money laundering scandals involving some of the world’s largest banks have grown this week. Switzerland’s largest bank, UBS, has been fined 3. 7 billion euros (~$4. 2 billion) for money laundering. дальше »
2019-2-21 18:18 | |
Iran Lifts Bitcoin Ban to Make Way For ‘Crypto-Rial’
Iran has lifted the ban on Bitcoin and cryptocurrency as it takes another step towards its own sovereign cryptocurrency amid talks with foreign nations as potential partners. Iran Unbans Bitcoin, ICOs Today, Iran’s central bank has released an early draft of its cryptocurrency laws, lifting the previous ban on Bitcoin, cryptocurrencies, digital tokens, and ICOs, reports to Al Jazeera. дальше »
2019-1-29 16:00 | |
Brazil’s President promises to Open “black box” Amid Scrapping of Indigenous Cryptocurrency Project
On January 7, 2019, Brazilian President Jair Bolsonar tweeted that the government was going to open a “black box” into the operations of the national development bank, days after an Indigenous cryptocurrency project was halted. дальше »
2019-1-9 18:00 | |
Indian Crypto Exchange Reports Record Trading Volumes Amid Regulatory Uncertainty
Despite regulatory uncertainty and banking restriction imposed by the country’s central bank, an Indian cryptocurrency exchange says that it is seeing record trading volumes every month. The CEO of Wazirx told news. дальше »
2018-12-26 06:01 | |
Crypto Custody Essential For Goldman Sachs to Enter Markets
Holding onto and storing digital assets for clients has become one of the key criteria in offering crypto services, at least according to Goldman Sachs. The Wall Street banking giant said that it is not any closer to offering cryptocurrency products amid this year’s bear market according to Bloomberg. дальше »
2018-11-28 16:00 | |
Reserve Bank of India’s (RBI) Cryptocurrency Ban to Get More Clarity in November
India Supreme Court Asks Government For Opinion on Cryptos Within 2 Weeks Recently, the Supreme Court of India has decided to ask the local government for an opinion on the cryptocurrencies and their market amid the fallout that was caused when banks were blocked from providing services to crypto exchanges. Yesterday, October 25, the Supreme […] дальше »
2018-10-27 21:45 | |
Indian Cryptocurrency Exchanges See Rapid Growth in P2P Trading
Trading volumes on exchange-escrowed peer-to-peer (P2P) cryptocurrency trading platforms in India are rising rapidly amid the banking ban by the country’s central bank. “Indians are warming up to P2P in amazing ways,” the CEO of a local crypto exchange told news. дальше »
2018-10-21 02:05 | |
Tether May Be Holding Reserves At Bahamas-based Deltec Bank Amid Controversy
Tether May Be Holding Reserves At Bahamas-based Deltec Bank Just last week BitcoinExchangeGuide had reported that Deltec Financial & Trust Services is reportedly being used by Bitfinex and Tether. дальше »
2018-10-16 19:29 | |
Tether ‘Bank Run’ Concerns Reach New Heights, USDT Falls 4% Below Peg
Tether ‘Bank Run’ Concerns Fuels Crypto Boom Crypto investors were in for a shock on Monday morning, as Bitcoin temporarily popped above $7,000, while crypto assets somehow posted 7%+ gains, amid a growing fear that the Tether Foundation didn’t have the U. дальше »
2018-10-16 20:18 | |
Chinese and US Investors Team Up to Create a Global Crypto Investment Fund
The latest crypto investment fund on the block is Dragonfly Ventures, a $100 million traditional venture fund investing only in crypto assets, managed by partners Alexander Pack from Bain Capital Ventures and Bo Feng, founding partner of Ceyuan Ventures. дальше »
2018-10-9 15:30 | |
New Study Reveals an Increase in Venture Capital Investment in Blockchain Projects
Traditional venture capitalist (VC) investments are leveraging the decline in initial coin offerings (ICO) as the cryptocurrency industry tries to find bearing amid regulatory shifts and losses across the crypto markets. дальше »
2018-10-3 19:39 | |
Tether, Bitfinex Reportedly Deserting ‘Unprofitable’ Noble Bank
Noble Bank, the “non-fractional reserves” institution which was once the primary reserve bank for Tether (USDT), is facing competition from other banks amid claims it is “no longer profitable. ” Non-Fractional And Non-Profitable? As Bloomberg reports October 1, Noble, registered in Puerto Rico, is now seeking a buyer on the back of the back of lax revenues stemming from 2018’s prolonged cryptocurrency bear market. дальше »
2018-10-2 19:00 | |
Indian Crypto Exchange Zebpay Ceases All Trading Amid Regulatory Pressure
One of India’s largest digital asset exchange platforms has announced today that it will cease offering crypto buying and selling services. Zebpay Calls it a Day Due to Regulatory Pressures Zebpay stated that the Reserve Bank of India’s (RBI) clampdown on digital currencies had severely impacted its ability to do business. дальше »
2018-9-29 00:00 | |
Creative Bitcoin Trading Takes Hold in India Amid Banking Ban on Crypto Entities
Indian cryptocurrency traders have been finding innovative new ways of trading in digital coins ever since the Reserve Bank of India (RBI) banned such coins in April. Even though the voices of concern raised within the crypto community gained attention, they fell on deaf ears of the legislature, which quickly dismissed their bid for survival. дальше »
2018-8-4 16:29 | |
Natives use original means to trade bitcoin amid rbi ban
Regulation Indian crypto traders have found some creative ways to trade cryptocurrencies, especially bitcoin, to circumvent the crypto banking ban imposed by the country’s central bank. Japan Confirms Entrance Into the Crypto Space Money Finds a Way Following the crypto banking ban by the Reserve Bank of India (RBI) which went into effect last month, Indian дальше »
2018-8-3 07:45 | |
Novogratz’s Cryptocurrency Bank Off to a Slippery Start, Drops 20% in One Day
The cryptocurrency merchant Galaxy Digital LP, which began trading on August 1, is off to a rocky start — falling 20 percent per share in just one day. This adds to the company’s estimated loss of about $134 million in the first quarter of 2018 amid a market-wide cryptocurrency crash. дальше »
2018-8-3 06:00 | |
Indians Use Creative Means to Trade Bitcoin Amid RBI Ban
Indian crypto traders have found some creative ways to trade cryptocurrencies, especially bitcoin, to circumvent the crypto banking ban imposed by the country’s central bank. The Reserve Bank of India has banned financial institutions from providing services to companies dealing in cryptocurrency. дальше »
2018-8-3 05:15 | |