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Tag: backstop

Jamie Dimon to be Interviewed Under Oath in Epstein Sex Trafficking Case

This article was originally published by Nik Bhatia on his Substack “The Bitcoin Layer.” While market participants prepare for quarter-end rebalancing, strike their balance...

Bitcoin to Gold Correlation Surges Amid Banking Turmoil, Surpasses Stocks

Research from blockchain analytics firm Kaiko shows that Bitcoin’s correlation to gold soared to its highest level in over a year in March.  The...

Canadian Gov’t Sets out $83B for Clean Investment Tax Credits

Canadian industries seeking to slash their carbon footprint can expect $83 billion in clean investment tax credits after the federal government of Canada unveiled...

Best VPN services 2023: Top picks for speed, price, privacy, and more

Best VPN services 2023: Top picks for speed, price, privacy, and more | PCWorld ...

Can Gold Move Above $2,000/oz?

Gold got a boost following the Fed’s rate decision and managed to poke above $2,000/oz briefly on Thursday. But resistance seems to have been...

Bitcoin rebounds above US$28,000 as equities gain in U.S. on Treasury easing bank worries

Bitcoin bounced back above US$28,000 on Friday morning in Asia amid a rebound in all top 10 non-stablecoin cryptocurrencies and gains in equities overnight....

Treasury Secretary Prepared to Take “Additional Action” to Protect Bank Deposits

Treasury Secretary Janet Yellen suggested that her department might be willing to further backstop bank deposits if needed, only one day after seemingly...

ETH Spikes

Ethereum has suddenly jumped while bitcoin remains somewhat stable at $28,000 in an unusual move after weeks of bitcoin leading. Eth rose and with...

Fed Expected to Hike by 25bps

Expectations for what the Fed will do tomorrow have swung wildly in the last few days. Investors have been trying to recalibrate around the...

Coinbase Offered Circle $3 Billion to Stabilize USDC During SVB Turmoil

Coinbase was willing to lend Circle the full amount required to guarantee liquidity for USDC’s reserves. Crypto exchange Coinbase offered Circle an instant...

Signature Bank Sold, Crypto Business Ditched

The third biggest retail bank to fail in the United States, Signature, has been sold to Flagstar Bank, a wholly owned subsidiary of the New...

Central Banks Announce Expansion of Backstop Liquidity Amid Bank Collapses

The world’s key central banks have announced an expansion of backstop liquidity amid bank collapses. The Bank of England, Japan, Europe’s Central Bank, the...

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