Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,405,826,510,824.14
  • 24h Vol: $55,513,512,005.34
  • BTC Dominance: 56.55%

Financial Institutions

police-warn-of-bitcoin-scammers-posing-as-bank-representatives

Police Warn of Bitcoin Scammers Posing as Bank Representatives

Leave a Comment / ATMs, Bitcoin, BTC, Carroll County, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, Financial Institutions, Georgia, Law Enforcement, News Bytes, News Bytes - 2, Scam, scammers, Sheriff’s Office, Theft, Victims / / / , , , , , , , , , , , , , , ,

The Carroll County Sheriff’s Office in the U.S. state of Georgia has issued a warning about a cryptocurrency scam. Scammers are posing as representatives of financial institutions, informing individuals that their accounts have been compromised. They then instruct victims to withdraw funds from their accounts and deposit them into bitcoin ATMs. The sheriff’s office emphasizes […]

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Crypto Voter Backlash: How Biden’s Veto May Have Cost Him the 2024 Election

Leave a Comment / 2024 election, Biden, Bitcoin, Crypto, crypto community, Crypto Hacked, Cryptocurrency, Digital Assets, Donald Trump, Election, Ethereum, Featured, Financial Institutions, Joe Biden, Regulation, SAB 121, SEC, veto / / / , , , , , , , , , , , , , ,

After a period of intense scrutiny of the cryptocurrency industry, many speculated that the Biden administration had reversed its stance by allowing the U.S. Securities and Exchange Commission (SEC) to approve several spot ethereum exchange-traded funds (ETFs). However, President Joe Biden has vetoed the latest resolution intended to quash the SEC’s crypto asset rules in

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The Fall of Medici Bank: Lessons on Fractional Reserve Banking From 15th Century Italy

Leave a Comment / advancements, bank run scene, Banking Crisis, Bankruptcy, Bianco Research, bigthink.com, Bitcoin, Bitcoin (BTC), Corruption, Cosimo Medici, Crypto Hacked, Cryptocurrency, Customers, Ethereum, Featured, Financial Institutions, financial solutions, Fractional-reserve banking, Francesco Sassetti, fraudulent schemes, Giovanni de Medici, gold coins, government officials, House of Medici, institutional investors, interest rates, It's a Wonderful Life, J.P. Morgan, Jim Bianco, lending, Leonardo da Vinci, Liquidity, Luca Pacioli, macro analysis, Mary Poppins, Medici Bank, Mike Colagrossi, Paul Warburg, Philip J. Weights, power, Raymond De Roover, Renaissance, Republic of Florence, reserves, Satoshi, Satoshi Nakamoto, tuppence scene, Western Europe / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Amid the banking chaos of the 21st century, some are looking back more than 600 years ago, to the Medici Bank — one of the most powerful banks of its time. It established its business and became one of the most respected banks in Europe during its prime, and the prominent Italian family of bankers

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Crypto Hardware Wallet Maker Ledger Raises $100M Amid Growing Demand for Secure Storage Solutions 

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The cryptocurrency hardware wallet manufacturer Ledger has raised €100 million ($109 million) in funding, according to the company’s disclosure on Thursday. Ledger CEO Pascal Gauthier says there has been significant demand for hardware wallets. He added, “2023 is even better for us because now you can’t even leave money at a Swiss bank.” Ledger to

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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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Moody’s Warns of Potential Financial Disruption Spillover Beyond US Banking Sector

Leave a Comment / Atsi Sheth, banking contagion, Bitcoin, commentary, Credit Agency, credit challenges, credit profiles, credit strategy, Crypto Hacked, Cryptocurrency, economic damage, entities, Ethereum, existing credit, Federal Reserve, financial and economic impacts, financial conditions, financial disruption, Financial Institutions, Fitch Ratings, greater risks, growth, knock-on effects, managing director, market scrutiny, mitigation strategies, Moody's, News, non-bank-related, potential spillover, rate hikes, risks, sectors, spillover effects, troubled banks, US banking sector / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Roughly ten days ago, the credit agency Moody’s Investors Service downgraded the U.S. banking sector from “stable” to “negative.” In a recent update on Thursday, the company stated that there is still a risk to the U.S. economy. The managing director of credit strategy at Moody’s explained that the country “will be unable to curtail

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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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Google Trends Data Reveals Searches for ‘Banking Crisis,’ ‘Bank Runs,’ Skyrocket

Leave a Comment / Bailout, bank collapse, Bank Failure, Bank Run, Banking Crisis, Bitcoin, Canada, China, credit suisse, Crypto Hacked, Cryptocurrency, economic turmoil, Egypt, Ethereum, FDIC, Federal Reserve, Financial Institutions, Financial Regulation, financial stability, First Republic Bank, Google, Google trends, Google Trends Banks, Insured Deposits, interest rates, New Zealand, News, Pacwest Bancorp, Public Interest, rate hikes, Signature Bank, Silicon Valley Bank, Silvergate Bank, Singapore, Uninsured Deposits, United States, worldwide interest, Zimbabwe / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Interest in the U.S. banking crisis has risen greatly over the past two weeks, as shown by Google Trends data. There has been a sharp increase in queries related to search terms such as “banking crisis,” “bank collapse,” and “bank failure.” On March 13, 2023, the search term “banking crisis” reached the top Google Trends

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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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republican-congressman-tom-emmer-queries-fdic-on-alleged-efforts-to-purge-crypto-activity-from-us

Republican Congressman Tom Emmer Queries FDIC on Alleged Efforts to Purge Crypto Activity from US

Leave a Comment / anti-crypto message, banking services, Barney Frank, Bitcoin, central bank digital currency, co-founder, collapse, Crypto activity, crypto businesses, Crypto Hacked, Cryptocurrency, deposit insurance corporation, Digital Assets, Digital Currencies, Ethereum, FDIC, Financial Institutions, Financial Technology, ftx, Gary Gensler, GOP, GOP Majority Whip, government oversight, Gruenberg, legal entities, News, purging, receivership, Regulatory Compliance, regulatory efforts, Republican lawmakers, SEC, Signature Bank, Targeted, tom emmer, U.S. banking industry, U.S. Central Bank, U.S. financial regulators, U.S. lawmakers / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Wednesday, Tom Emmer, the U.S. Republican congressman from Minnesota, revealed he sent a letter to Martin Gruenberg, the chairman of the Federal Deposit Insurance Corporation (FDIC), regarding reports that the FDIC is “weaponizing recent instability” in the U.S. banking industry to “purge legal crypto activity” from the United States. Specifically, Emmer asked Gruenberg if

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