Former Coinbase Exec Bets Big On Huge Bitcoin Rise
The US banking crisis has led to rising concerns that the world’s largest economy may…
Day: 19 March 2023
Burry on Banking Crisis, Kiyosaki Warns of ‘Fake Money’ Injections; Talk of ‘Anti-Crypto’ Agenda Behind Signature Bank Collapse — Week in Review
Speculation and debate continue to rage surrounding the current global banking debacle. Hedge fund manager…
Dutch Financial Regulator Vows Strict Treatment of Crypto Business Under MiCA
The financial regulatory body of the Netherlands intends to maintain tough attitude towards the Dutch…
Several Crypto Mining Operations Busted in Russia
Authorities and power utilities in various Russian regions have shut down illegal crypto mining farms,…
Chair of EU Parliament’s Committee on Budgets Calls for Crypto Ban Amid Banking Turmoil
A European lawmaker has urged authorities to impose a ban on cryptocurrencies citing the current…
Peter Schiff blames ‘too much gov’t regulation’ for worsening financial crisis
Finding the right balance between regulations and banking institutions is important for Schiff, considering that…
SVB’s UK arm issues 15M pounds in bonuses after symbolic bailout: Report
Insider sources reportedly described the bonus pool as “modest,” adding that the stock held by…
Major Cryptocurrency ATM Manufacturer General Bytes Hacked, Over $1.5M in Bitcoin Stolen
General Bytes experienced a security incident on March 17 and 18 that enabled a hacker…
Mike Novogratz Warns of Credit Crunch in US and Globally — Expects Fed to Cut Rates ‘Sooner Than We Think’
Galaxy Digital CEO Mike Novogratz has warned of a credit crunch in the U.S. and…
Economist Peter Schiff Expects Worse Financial Crisis Than 2008 — Says ‘Future Rate Hikes Are Now Pointless’
Economist Peter Schiff has warned that the current financial crisis will be worse than in…
Balaji Srinivasan Says Hyperinflation Happening Now — Makes Million-Dollar Bets on Bitcoin Price Exceeding $1M in 90 Days
Venture capitalist and angel investor Balaji Srinivasan says hyperinflation is happening now. Expecting the price…
Switzerland preparing emergency measures for UBS’ takeover of Credit Suisse: Report
The emergency preparation will allow the takeover to proceed without the usual “six-week consultation period”…
US midsize banks seek FDIC Insurance on ‘all deposits’ for 2 years: Report
The banking coalition reportedly argued that it would bring stability to the banking industry and…
Blackrock CEO Warns More Bank Seizures and Shutdowns Could Result From Regulatory Changes
The CEO of Blackrock, the world’s largest asset manager, has warned about additional bank seizures…
UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal
After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the…