Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $3,746,464,856,776.01
  • 24h Vol: $93,155,659,987.59
  • BTC Dominance: 55.33%

resilience

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Several Major Central Banks Take Coordinated Action to Boost Liquidity Amidst Banking Crisis

Leave a Comment / Bailout, Bank of Canada, Bank of England, Bank of Japan, Banking Crisis, Bitcoin, capital, Central Banks, collapse, credit suisse, Crypto Hacked, Cryptocurrency, depositors, emergency takeover, Ethereum, European Central Bank, Federal Reserve, financial giant, financial stability, financial system, global funding markets, international counterparts, lenders, Liquidity, liquidity backstop, Monetary Easing, Monetary Policy, network of swap lines, News, resilience, supply of credit, Swiss National Bank, U.S. banking system, UBS, uninsured, Wall Street / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Sunday evening, March 19, 2023, at 5:00 p.m. Eastern Time, the U.S. Federal Reserve, along with several central banks including the Bank of England, Bank of Canada, Bank of Japan, the European Central Bank, and the Swiss National Bank, announced a coordinated action to enhance the provision of liquidity via the standing U.S. dollar […]

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UBS Strategists Predict Minimal Impact of Upcoming Mt Gox Payouts on Bitcoin Value

Leave a Comment / AML, asset recoveries, BCH, Bitcoin, BTC, creditors, crypto exchange, Crypto Hacked, Cryptocurrency, disbursement, Ethereum, Exchange rates, Fiat, Financial Services, investment bank, Ivan Kachkovski, James Malcom, KYC, market, market strategists, Mt Gox, News, payout, prediction, recovery, repayment, resilience, retail, sales, Stash, Strategy&, UBS, Value, volatility / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

A recent report published by market strategists from the investment bank and financial services company UBS says that the upcoming Mt Gox payouts won’t destabilize bitcoin’s value. While a new supply will come to the market, UBS strategists insist that “it would be less concentrated.” UBS Market Strategists Believe Mt Gox Payouts Won’t Destabilize Bitcoin’s

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