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Tag: FEDERALRESERVE

Bitcoin, Ether drop, other top cryptocurrencies retreat as bank liquidity concerns rise

Bitcoin and Ether dropped in Thursday morning trading in Asia along with the rest of the top 10 non-stablecoin cryptocurrencies. Solana led the losers....

Crypto Firms Should Ditch Banks To De-risk From Volatile Systems, Says Cardano Founder

Some crypto-friendly top banks have crashed due to regulatory uncertainty, market downtrend, and shortage of operational funds. The three banks that sent the digital...

Circle’s USDC bounces back after Silicon Valley Bank bust

In this issueUSDC: Level-peggingSilvergate: Closing actChina finance: Reverse decentralizationFrom the Editor’s DeskDear Reader,Predictions that things will get worse before they get better are commonplace...

Crypto, Now Safer Than Fiat

Crypto went through some turbulent months during the second half of ’22, but that might now largely be over as the excesses and carelessness...

Moody’s Downgrades US Banking Sector to Negative After Collapse of Three Major Banks

After the failure of three major U.S. banks last week, with two of them being the second and third largest banking failures in...

Ripple CEO Brad Garlinghouse Says Company Remains in Strong Position Despite Exposure to Collapsed Bank

Ripple chief executive Brad Garlinghouse says his company remains financially robust despite its exposure to the now-collapsed Silicon Valley Bank (SVB). Garlinghouse says that SVB...

Federal Reserve To Pause Interest Rate Hikes This Month, Forecasts Banking Giant Goldman Sachs: Report

US financial titan Goldman Sachs reportedly believes that the Federal Reserve will not raise interest rates this month following the high-profile collapses in the...

The Silicon Valley Bank Collapse, Contagion, and Containment

The collapse of Silicon Valley Bank (SVB) has sent shockwaves throughout the global economy. SVB was the parent bank that focused on tech startups,...

US Fed faces internal probe over Silicon Valley Bank failure

The Federal Reserve is investigating the factors that led to the failure of Silicon Valley Bank — including how it supervised and regulated the...

SVB Meltdown: What It Means for Cybersecurity Startups’ Access to Capital

Last week's stunning collapse of Silicon Valley Bank (SVB) could put a damper on the ability of venture-backed cybersecurity startups to secure vital capital...

Fed starts ‘stealth QE’ — 5 things to know in Bitcoin this week

Bitcoin (BTC) begins a new week with a bullish surge above $22,000 as the Federal Reserve injects liquidity into the United States economy.In a...

Circle to Bring On New Banking Partner for USDC Minting, Redemption

Stablecoin issuer Circle can no longer count on Signature Bank’s “SigNet” for USDC settlements. In a series of tweets on Sunday, Circle CEO Jeremy Allaire...

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