Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $3,744,726,535,412.25
  • 24h Vol: $117,458,627,225.29
  • BTC Dominance: 55.38%

BNY Mellon

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BNY Mellon Engages With Banking Regulators to Offer Crypto Custody Services ‘at Scale’

Leave a Comment / Balance Sheet, Bitcoin, bitcoin etf, BNY Mellon, Crypto, Crypto Hacked, Cryptocurrency, custody, Digital Assets, Ethereum, ETP, ETP clients, Featured, regulatory approvals, SAB 121, SEC / / / , , , , , , , , , , , ,

BNY Mellon, one of the world’s largest custodian banks, is seeking to offer custody services for bitcoin and ether to exchange-traded product (ETP) clients. The bank is also eyeing large-scale growth in the crypto space, with plans to seek more regulatory approvals to capitalize on the lucrative crypto custody market. BNY Mellon Pushes Forward With […]

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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

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

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US Bank Outflows and Concerns Mount: 11 Banks Bail Out First Republic Bank From Collapse

Leave a Comment / Bailout, Bailouts, Bank of America, Banking, Banking Bailouts, Banking Industry, banks, Bitcoin, BNY Mellon, capital one financial, Cash Injection, Charles Schwab Corporation, CitiGroup, CNB Financial, credit suisse, Crypto Hacked, Cryptocurrency, deposit outflows, Discover Financial, Ethereum, FDIC, Federal Reserve, Financial Institutions, First Republic Bank, Goldman Sachs, jpmorgan, Liquidity, morgan stanley, News, Pacwest Bancorp, PNC Bank, Signature Bank, Silicon Valley Bank, Silvergate Bank, state street, stimulus, Synchrony Financial, Treasury, Truist Bank, Uninsured Deposits, US Bank, US Central Bank, Wells Fargo / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After the fall of Silvergate Bank, Silicon Valley Bank (SVB), and Signature Bank (SNBY), First Republic Bank, a commercial bank and wealth management services provider, is the latest financial institution to receive a bailout. Close to a dozen lenders announced they will deposit $30 billion into the beleaguered bank’s coffers to shore up liquidity. U.S.

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USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement

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The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023, at 7:20 p.m. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would bail out depositors of California’s Silicon Valley Bank (SVB) and New York’s Signature Bank.

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Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships

Leave a Comment / Atlanta, Balance Sheet, Bitcoin, Blackrock, BNY Mellon, Circle, Citizens Trust Bank, community banks, Crypto Hacked, Cryptocurrency, cryptocurrency asset, Cynthia N. Day, Digital Currency, Ethereum, fast-growing markets, Financial Institutions, financial literacy initiatives, HBCUs, launch event, local schools, Market Capitalization, MDIs, minority-owned depository institutions, New York Community Bancorp, News, SEC, seed grant, Stablecoin, United States, US dollar-pegged, usd coin, USDC / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Friday, the cryptocurrency firm and stablecoin issuer Circle announced that the financial institution Citizens Trust Bank will hold $65 million in usd coin cash reserves. Circle said the move is part of the company’s plan to allocate shares of the stablecoin’s denominated reserves to minority-owned depository institutions (MDIs) and community banks across the United

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Ebay Expands Into NFT and Web3 Space With New Job Openings

Leave a Comment / Acquisition, Amazon, applicants, Bitcoin, Blockchain, blockchain services, BNY Mellon, Caroline Butler, CEO of digital assets, Corporate Entities, Crypto, crypto counsel, Crypto Hacked, crypto industry, Cryptocurrency, e-commerce, eBay, Ebay crypto Jobs, Ebay Jobs, Ebay Web3, Ebay Web3 jobs, Ethereum, financial institution, head of community, internal teams, Jamie Iannone, job postings, Knownorigin, layoffs, legal advice, LinkedIn, marketing campaign executive, metaverse services, News, nft, Non-fungible Token, regulatory developments, support, Technology, trademark applications, Web3, Web3 GTM specialist, Web3 landscape, Workers / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The online marketplace giant, Ebay, is seeking to fill several positions in the area of Web3 and non-fungible token (NFT) technology, according to several Linkedin job postings. Ebay is looking for a “creative crypto attorney” for the marketplace, Knownorigin, which it acquired in June 2022. Big Corporations Still Seek Workers to Manage Crypto and Blockchain

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