Bitcoin Steady at $43K as Tumbling U.S. Regional Bank Stocks Reignite Worries
Bitcoin so far remained muted compared to its vehement rally during the March banking crisis, but one analyst…
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Banking system
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JPMorgan’s Hunt for Wealth, Banks Faced $1.55T Deposit Drains
1 The performance of big giants in terms of deposit drains, including JPMorgan Chase and Wells Fargo slowed…
Federal Reserve Raises Federal Funds Rate by 25bps Amidst Moderate Economic Growth
In the latest Federal Open Market Committee (FOMC) report, it was stated that the U.S. economy has been…
2 Rate Hikes or Hold? Fed Predictions Vary From No Rate Hikes to 6% in 2023
Based on projections from the U.S. Federal Reserve, it is anticipated that the central bank will implement two…
Fed Pauses Interest Rates After 10 Consecutive Hikes; Committee Likely to Raise Rates ‘Somewhat Further’ This Year
In accordance with market predictions, the U.S. Federal Reserve decided to halt its rate hike this month after…
Bitcoin Brings Wealth Exodus: American Businesses Seek Yield, Leaving US Banking System at Risk, Warns Arthur Hayes
Massive withdrawals hit the US banking sector. BitMEX’s founder Arthur Hayes believes that Bitcoin may stage another bull…
Former Bitmex CEO Arthur Hayes Predicts Bitcoin Bull Market as US Economy Worsens
Arthur Hayes, the former CEO of Bitmex, predicted the coming of a bitcoin bull market in the last…
Fed Reveals 722 Banks Reported Unrealized Losses Over 50% of Capital as Concerns Over US Banking Crisis Grow
The U.S. Federal Reserve has revealed that 722 banks reported unrealized losses exceeding 50% of their capital at…
Bitcoin Rises as Latest Teetering U.S. Bank Sends Traders to Crypto Haven
The California-based regional lender is weighing strategic options, according to Bloomberg. Czytaj więcej We współpracy z: https://www.coindesk.com/markets/2023/05/03/pacwest-bancorp-plunge-sends-bitcoin-price-higher/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Analysts Warn of More Bank Failures, Possible Recession and Global Repercussions Caused by First Republic Bank Collapse
The recent takeover of First Republic Bank, the fourth U.S. bank to fail this year, has awakened concerns…