Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,404,839,756,167.93
  • 24h Vol: $55,153,741,867.80
  • BTC Dominance: 56.56%

Banking

hong-kong’s-largest-virtual-bank-offers-crypto-conversion-services

Hong Kong’s Largest Virtual Bank Offers Crypto Conversion Services

Leave a Comment / accounts, Bank, Banking, banking services, banks, Bitcoin, China, chinese, Chinese Yuan, conversion, Crypto, Crypto Hacked, crypto hub, crypto industry, crypto market, crypto sector, Cryptocurrencies, Cryptocurrency, Dollar, Ethereum, Fiat, Finance, financial center, Hong Kong, Hong Kong Dollar, U.S. dollar, virtual bank, Yuan, ZA Bank / / / , , , , , , , , , , , , , , , , , , , , , , , , ,

ZA Bank, Hong Kong’s biggest virtual-only lender, intends to expand its business into the region’s growing digital assets sector. The banking platform will offer crypto-to-fiat conversions and account services as the Chinese financial center is seeking to embrace the industry. ZA Bank to Provide Services to Crypto Exchanges Licensed in Hong Kong Hong Kong’s first […]

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Report: Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry

Leave a Comment / Banking, banking partner, Binance.us, Bitcoin, Bittrex, Blockchain, CFTC lawsuit, Changpeng Zhao, Compliance, Cross River Bank, Crypto, crypto exchanges, Crypto Hacked, Cryptocurrency, Customers Bancorp, derivatives rules, Digital Assets, Economy, Ethereum, Finance, Financial Regulation, Financial Services, Fintech, industry news, Innovation, Investments, money, News, payment providers, regulatory concerns, Samuel Lim, Startups, trading rules, US banks, US operations, US-based banks, Wall Street Journal / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, cryptocurrency companies have been seeking new banking partners in the United States. According to a recent report citing “sources familiar with the matter,” Binance US, the American subsidiary of the cryptocurrency exchange, is having difficulty finding a U.S. banking partner. Unnamed Sources Say

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Market Analyst Heralds the Collapse of ‘Everything,’ Calls for Hedging in Gold and Silver Before There Isn’t Any Left

Leave a Comment / Banking, Bitcoin, central banking, collapse, Credit Suisse Bank, Crypto Hacked, Cryptocurrency, debt, Economics, Egon von Greyerz, Ethereum, gold, no buyers, Silicon Valley Bank, silver, Stock Market / / / , , , , , , , , , , ,

Egon von Greyerz, market analyst and founder of Matterhorn Asset Management, is predicting the collapse of the central bank system in the next few years due to an increasing issuance of currency and debt. Von Greyerz states that in the face of an economy with no buyers, the only hedge will be tangible assets, including

Market Analyst Heralds the Collapse of ‘Everything,’ Calls for Hedging in Gold and Silver Before There Isn’t Any Left Read More »

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Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses

Leave a Comment / Access to crypto, accounts, anti-commandeering doctrine, bank examiners, Banking, Barney Frank, Biden Administration, Bitcoin, Compliance, constitutional protections, Cooper & Kirk, Crypto Hacked, crypto industry, Crypto Proponents, Cryptocurrency, Customers, Due Process, Enforcement, entities, Ethereum, FDIC, federal regulators, Finance, financial system, financial war, Government, industry, institutions, Law, law-abiding, lawful, legal, News, non-delegation doctrine, OCC, off-ramps, on-ramps, operation chokepoint, purging, Regulation, Reputation, risk, Signature Bank, state officials, supervision, US banks, White Paper / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, U.S. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after laying the groundwork by labeling lawful businesses as “reputationally risky,” federal bank regulators, with

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Experts Predict More Bank Failures in the US Following Interest Rate Hike and Unsettled Banking Crisis

Leave a Comment / Assets, Bailouts, balance sheets, bank collapses, Bank crisis, bank failures, bank issues, Banking, banks, Bitcoin, Charles Gasparino, commercial banks, credit, Crypto Hacked, Cryptocurrency, Danielle DiMartino Booth, debt, deposits, Economics, Economy, Ethereum, failures, Federal Reserve, Finance, Financial Crisis, inflation, interest rates, Investments, Investors, lending, liabilities, Losses, Michelle Makori, Portfolio, profits, Quill Intelligence, Recession, Regulation, Regulations, risk, Stability, Stock Market, trading, Wall Street / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After the recent bank collapses in the U.S., a number of people believe that more failures are coming following the Federal Reserve’s increase of the benchmark interest rate by 25 basis points (bps). American journalist Charles Gasparino insists that Wall Street’s “low-rate” junkies are ignoring the U.S. banking crisis. Quill Intelligence CEO Danielle DiMartino Booth

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A Look at the Fed’s Recent Custodia Bank Denial and the Central Bank’s Push Back Against Narrow Banking

Leave a Comment / 100% deposits, 100% Reserves, 30000 banks, 4997 banks, Alternative Finance, Asset Management, Assets, Banking, Banking Reserves, banks, Bitcoin, Central Bank, Compliance, Crypto Hacked, Cryptocurrency, Custodia, Custodia Bank, custody, Custody Services, deposits, Digital Assets, early 19th century, Economics, Economy, Ethereum, Fed, Federal Reserve, Finance, Financial Institutions, Financial Regulation, fractional reserves, Fractional-reserve banking, Global Economy, investment, Liquidity, market, money, narrow banking, narrow banks, New England Banks, Regulation, Reserve Banks, risk, Signature Bank, Silicon Valley Bank, Silvergate Bank, Suffolk System, US banks, US Central Bank / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Over the past century, the number of American banks has significantly decreased, dropping from 30,000 banks in 1921 to 4,997 U.S. banks in 2021, according to data from the Federal Reserve. Recently, the U.S. central bank denied Custodia Bank of Wyoming, a financial institution that holds $1.08 for every dollar deposited by customers. Although there

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Shares of Deutsche Bank, Other Euro Lenders Tumble

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Deutsche Bank shares plunged on Friday, along with the stocks of other European banks, amid investor concerns over the stability of the global banking sector. The drop comes in the aftermath of the recent emergency rescue of Credit Suisse and follows losses in U.S. banks on Thursday. Deutsche Bank Credit Default Swaps Jump to 4-Year

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Treasury Secretary Yellen Holds Unscheduled Meeting With Top Financial Regulators Amid Turmoil in Banking Sector

Leave a Comment / Banking, benchmark, Bitcoin, Bloomberg, collapse, Congress, Crypto Hacked, Cryptocurrency, deposit insurance, depositors, Ethereum, Exception, FDIC, federal government, Federal Reserve, financial stability, First Republic, indexes, institutions, intervention, Janet Yellen, Measures, meeting, News, Oversight Council, Pacwest Bancorp, Protect, Regulators, Regulatory Agencies, Signature Bank, Silicon Valley Bank, stocks, systemic risk, Truist, turmoil, Western Alliance Bancorp / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

U.S. Treasury secretary Janet Yellen initiated an unscheduled Financial Stability Oversight Council (FSOC) meeting with the country’s top financial regulators on Friday amid issues plaguing the U.S. banking sector. Banking stocks and all four U.S. benchmark indexes fell again on Friday as the government’s efforts last week failed to quell the country’s financial calamity. Janet

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First Republic Bank’s Shares Downgraded to Junk Status by S&P Global; Stock Slides More Than 25% Lower

Leave a Comment / Bailout, Bailouts, Bank of America, Banking, Banking Bailouts, Banking Industry, banks, Bitcoin, BNY Mellon, capital one financial, Cash Injection, CitiGroup, CNB Financial, credit suisse, Crypto Hacked, Cryptocurrency, deposit outflows, Discover Financial, Downgrade, Ethereum, FDIC, Federal Reserve, Financial Institutions, First Republic, First Republic Bank, First Republic Bank downgrade, First Republic Shares, FRC shares, FRC stock, Goldman Sachs, jpmorgan, Junk Status, Liquidity, morgan stanley, News, S&P 500, Signature Bank, Silicon Valley Bank, Silvergate Bank, state street, stimulus, Treasury, Truist Bank, Uninsured Deposits, US Bank, US Central Bank / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After UBS acquired Credit Suisse and close to a dozen financial institutions injected $30 billion into First Republic Bank four days ago, S&P Global downgraded First Republic’s shares to junk status on Sunday. Investors are concerned that the cash infusion from 11 major financial institutions may not address the bank’s liquidity issues. First Republic’s shares

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UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal

Leave a Comment / Acquisition, acquisition financing, backstop, Banking, banks, bid, Bitcoin, Challenges, competition, Compliance, credit suisse, Credit Suisse Bank, Crypto Hacked, Cryptocurrency, Deal, dividends, due diligence, Ethereum, Executives, financial stability, global financial system, Government, industry, Investors, landscape, Losses, Market Share, News, Oversight, political backlash, potential merger, private bank, profits, Protection, Regulations, regulatory approval, Reputation, risk management, rumors, Shareholders, shareholders' meeting, stock prices, Strategy&, swiss, Swiss National Bank, Transparency, UBS, UBS Bank, unnamed sources / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to protect against any losses if it purchases Credit Suisse. According to unnamed sources familiar with the

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