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Bitcoin's Dominance Rate Surges After U.S. Banking Crisis
4.5.2023
Bitcoin's outperformance during the banking crisis indicates the cryptocurrency is the anti-dollar liquid play for investors, one portfolio manager said
Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet
4.5.2023
Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan paid a total of $1.5 million, more than the initially committed $1 million, with two-thirds of...
Robert Kennedy Jr Warns of Mega Economic Crisis — Says ‘It’s Not Just the Banks’
4.5.2023
U.S. Presidential Candidate Robert F. Kennedy Jr. has warned that “the banking collapse is the tip of an economic mega-crisis,” emphasizing that “It’s not just the banks.” He also slammed President Joe Biden’s crypto mining tax proposal. “It is a mistake for the U.S. government to hobble...
White House Pushes DAME Tax Proposal to Address Alleged Environmental Costs of Crypto Mining
3.5.2023
On May 2, 2023, the Biden administration unveiled a blog post outlining the Digital Asset Mining Energy (DAME) tax, featured in the president’s comprehensive 182-page budget proposal for the fiscal year 2024. The DAME tax targets “making crypto miners pay for the costs they impose...
Can the Bitcoin (BTC) Price Snap its Recent Run of Ugly May Returns?
2.5.2023
Since 2011, Bitcoin (BTC) has posted an average return of 18.3% in May, according to data presented by bitcoinmonthlyreturn.com.
However, two of the worst three Mays in Bitcoin’s history have come in the last two years.
In May 2021, Bitcoin shed a stunning 35.38% of its value.
In May 2022...
How can Bitcoin hold $28K amid the banking crisis?
2.5.2023
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses whether Bitcoin’s $28,000 support has a chance amid the recent banking crisis
Stabilizing the Banking System: Biden Reassures Public Amid First Republic Bank Collapse, but Warns of National Debt Default
1.5.2023
Amid the collapse of the second, third, and fourth largest banks in American history, U.S. president Joe Biden reassured the public that the country’s banking system remains sturdy. However, the president also acknowledged the “threat by the speaker of the House to default on...
Charlie Munger Raises Concerns Over Troubled Commercial Property Loans at US Banks
1.5.2023
Charlie Munger, the vice chairman of Berkshire Hathaway, stated in a recent interview that American banks are burdened with poor-quality commercial real estate loans. His comments arrive amid the collapse of three major U.S. banks and the expected seizure of First Republic Bank by the federal...
Robert Kiyosaki Says Regional Banks Are Being Wiped Out — Calls Fed ‘Criminal’
1.5.2023
Rich Dad Poor Dad author Robert Kiyosaki says the Fed is wiping out regional banks by supporting only big banks, like JPMorgan Chase. Stating that the Fed “is criminal,” he warned that its actions “will bring down” the United States. Robert Kiyosaki Says the Fed Is Criminal The author of Rich...
First Republic’s crisis is not an isolated incident - suggests JPMorgan exec
30.4.2023
The CIO of JPMorgan Asset Management said it’d be “naive to say that this is just limited to First Republic.”
Systemic Swiss Banks Not Ready for Crisis, Regulator Says
28.4.2023
Switzerland’s financial regulator is not satisfied with the emergency plans of two of the Alpine nation’s five major banks. The assessment refers to a period prior to the rescue of Credit Suisse by UBS when the authority viewed the troubled giant’s preparedness in positive terms. 2 Swiss Banks...
Former President Donald Trump Says US Dollar Is Crashing — Warns ‘We’re Very Close’ to World War III
28.4.2023
Donald Trump has warned that the U.S. dollar is crashing and soon will “no longer be the world standard.” The former president of the United States further warned that “we are very close” to a third world war happening. “Joe Biden has led us to the very brink of World...
Ether price holds $1,820, but pro traders are skeptical about further gains
27.4.2023
Ether traders have been neutral-to-bearish for the past week, indicating little confidence in ETH breaking above $2,000
Got liquidated with Bitcoin futures? Get 3.5x leverage using this options strategy
27.4.2023
Here is how professional traders use Iron Condor options strategies to benefit from the banking crisis and the U.S. debt ceiling increase
Cameron Winklevoss claims regulatory double standards over banking crisis
27.4.2023
The CEO of Gemini says things would’ve been handled differently if First Republic was a "crypto" bank
Circle CEO warns of active and accelerating de-dollarization
27.4.2023
The U.S. must capitalize on the “high demand” for digitally native U.S. dollars, particularly from those in emerging economies with weak local banking systems, the Circle CEO said
Wild Bitcoin Price Swings Trigger $150 Million in Liquidations in BTC Futures Market – Here Are the Key Themes Driving the Market Right Now
27.4.2023
The Bitcoin (BTC) price swung wildly on Wednesday.
At one point when the world’s largest cryptocurrency by market capitalization hit session highs early in the day at just above $30,000, BTC was up over 6% on the day.
At session lows later in the day in the $27,200s, the BTC price was as much...
USDC Stablecoin Strengthened by U.S. Banking Crisis in March, Circle CEO Says
26.4.2023
The stablecoin has upgraded its market infrastructure after losing its peg during the crisis
Bitcoin touches $30K as BTC bulls well-positioned for weekly $3.2 billion options expiry
26.4.2023
Weaker U.S. financial system has raised BTC bulls’ odds of profiting $780 million on April 28 options expiry
Bitcoin, Ethereum Technical Analysis: BTC Moves Back Above $29,000, After Customers Withdraw $100 Billion From First Republic Bank
26.4.2023
Bitcoin was back above $29,000 on Wednesday, as markets continued to react to concerns over First Republic Bank. It was reported that customers withdrew around $100 billion in deposits from First Republic in March. Ethereum was also higher on the news, climbing back above $1,900. Bitcoin Bitcoin...