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Banking turmoil pushes crypto to ‘no oversight’, says Circle CEO
23.3.2023
Crypto firms who have had the strongest position with U.S. regulation are now considered “unsafe,” Circle CEO Jeremy Allaire stated
Bitcoin Price and Ethereum Prediction: Can the Fed Rate Hike Amid Banking Turmoil Boost BTC and ETH?
23.3.2023
Bitcoin, the world's largest cryptocurrency, along with Ethereum, lost some of its value and dropped below $28k and $1,800 levels respectively. However, the reason could be linked to the release of a dovish statement from the US Federal Reserve regarding interest rates....
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Cryptocurrency Outlook Is Strengthened by U.S. Banking Turmoil: Coinbase
20.3.2023
More people now appreciate the fundamental value proposition of having an alternative to the traditional financial system, the report said
Chair of EU Parliament’s Committee on Budgets Calls for Crypto Ban Amid Banking Turmoil
19.3.2023
A European lawmaker has urged authorities to impose a ban on cryptocurrencies citing the current crisis in the banking sector as a reason. Johan Van Overtveldt, former finance minister of Belgium, believes these assets bring no economic or social value. Belgium’s Ex-Finance Minister Suggests Ban...
Best Crypto to Buy Today 15 March – LHINU, AGIX, FGHT, STX, METRO, TARO
15.3.2023
Global banking turmoil continues to mount as Credit Suisse, one of the world's largest financial institutions, faces possible collapse. The bank's shares have plunged more than 24% in a day--and Saudi National Bank, the largest shareholder in Credit Suisse, has declared that it won't provide...
Michael Burry Compares Current Banking Turmoil to Panic of 1907 — Highlights Markets Bottoming
15.3.2023
Michael Burry, a hedge fund manager renowned for predicting the 2008 financial crisis, has drawn parallels between the current banking turmoil and the Panic of 1907. He noted that three weeks after J.P. Morgan made a stand, the panic was resolved and the markets bottomed. “A stand was made...
Crypto Companies Shift Funds to Asset Managers Including Fidelity Amidst Banking Turmoil
15.3.2023
Crypto companies are moving their money from banks to asset managers as the turmoil in global banks continue, but industry insiders don’t see the bank failures as the end of banking for the crypto sector.
The turmoil in the banking industry has so far led to three major bank failures in the...