Bitcoin was trading above $28,000 on Monday, as cryptocurrencies extended a bull run to start the week. This upwards sentiment comes as the Federal Reserve and other major central banks made coordinat...
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Wedbush upgrades NY Community Bancorp on ‘sweetheart deal’ for Signature Bank assets
Wedbush on Monday upgraded New York Community Bancorp Inc. NYCB, -4.66% to outperform from neutral based on its expected earnings boost from its acquisition of Signature Bank’s loan and deposit portfo...
Synthetix nets $20M from Web3 quant trading firm
Tokenized asset issuance platform Synthetix has secured a $20 million investment through a new partnership with Web3 investment and quantitative trading firm DWF Labs. The market making and algorithmi...
Credit Suisse, UBS, First Republic, New York Community, and More Market Movers
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2 Billion Shiba Inu Burned Over Past Week, Here’s How SHIB Price Reacts
Yuri Molchan Shib community seems to be regaining speed burning its favorite meme token Contents 2 billion SHIB burned last week, 15 million gone in 24 hours SHIB price performance According to a twee...
First Republic set to open at an all-time low as U.S. banks get little or no lift from UBS-Credit Suisse tie-up
The purchase of ailing Credit Suisse by UBS provided little or no lift to U.S. banks on Monday, as worries about flight of deposits and further bank failures weighed on the sector. U.S.-listed share o...
Crypto Lawyer Shares Views on Recent Rise in BTC Price Predictions
John E Deaton recently shared his views on different BTC price predictions that analysts were putting out. Deaton mentioned that he has no clue as to what is going to be BTC’s price. The lawyer also s...
First Republic Bank to Extend Slide As S&P Cuts Rating Again
(Bloomberg) — Shares in First Republic Bank plunged in US premarket trading on Monday, as S&P Global Inc. cut its credit rating for the second time in a week, warning that a $30 billion resc...
Dubai’s VARA Approves Crypto.com’s MVP Preparatory License
Exchange News Crypto.com receives MVP preparatory license from VARA Dubai. Exchange gains a license to complete the requirement to start MVP market functions. Crypto.com, an exchange has officially de...
This Bank Is Buying Signature Bank Assets. Its Stock Is Soaring.
Much of what was once Signature Bank of New York is being acquired by a subsidiary of New York Community Bancorp, the Federal Deposit Insurance Corp. said Sunday, one week after the bank was shut down...
Rules For Thee but Not for Me: Holders of AT1 Credit Suisse bonds get nothing as shareholders get billions
Quick Take As UBS bought out Credit Suisse for $3.2 billion yesterday, stocks head lower in pre-market moves. This is a 73% discount on Friday on Credit Suisse’s closing price. The biggest losers of t...
Bank Crisis Survivors Remember How Fast the Dominoes Can Fall
(Bloomberg) — Steve Chiavarone doesn’t want to scare anyone, but what he remembers most from the last banking crisis was how sure most people were that it wouldn’t happen. Most Read from Bloombe...
On-Chain Data Warns of Caution Despite Bitcoin Testing $28,000
Today, Bitcoin price broke above the $28,000 mark to reach a 9-month high. Still, the influx of BTC on exchanges and escalating miner costs underscore the need for caution. Bitcoin Rally May Hit the B...
What Wall Street is saying about UBS buying Credit Suisse
After much speculation and concern about a banking crisis, UBS (UBS) made its play for its stricken long-time Swiss rival late Sunday by agreeing to a $3.2 billion takeover of Credit Suisse (CS). R...
While Bitcoin Hit the $28k Mark, Dogecoin (DOGE) Price is Exploring the Possibility of a 40% Gain. Here’s Why
After its latest run, which saw the largest coin reach an all-time high of nine months, Bitcoin bulls are currently painting the market green. Altcoins like Ethereum, Dogecoin, and Cardano started to ...
Bullish momentum holds above $28,277 after a strong rally – Cryptopolitan
The Bitcoin price analysis is showing a strong price increase today after a strong rally from the $26,000 level. The bulls are currently pushing the price above the $28,000 level with strong buying p...
DefiLlama Forks Over Internal Dispute
The disagreement between the founders and a developer over the LLAMA token resulted in the forking of the DefiLlama blockchain on March 19. Token Launch Splits DeFi Platform One of the employees on t...
Stocks making biggest moves premarket: First Republic, UBS, Enphase
First Republic Bank headquarters is seen on March 16, 2023 in San Francisco, California. Tayfun Coskun | Anadolu Agency | Getty Images Check out the companies making headlines before the market’...
What Does the Future Hold for Cryptocurrencies and Banking? (Roundtable Interview)
E-Crypto News’ update provides the latest articles on technology and cryptocurrencies. Three of the crypto industry’s top financial institutions recently failed in the United States. Specu...
Prudential share price is sinking as Africa challenges mount
Prudential (LON: PRU) share price has been among the worst-performing in the UK after the insurance company published weak results last week. The stock has slipped in the past four straight days and i...
Over 80 crypto firms willing to enter Hong Kong, says Financial Secretary
More than 80 businesses are interested in setting up presence in Hong Kong as it strives to become a leading Web3 hub. Several crypto businesses worldwide have been paying “attention” to Hong Kong. Ho...
Gold Tops $2,000 for First Time in a Year as Bank Fears Continue
(Bloomberg) — Gold steadied, after rising above $2,000 an ounce for the first time in a year after a deal to buy Credit Suisse Group AG failed to entirely ease fears over the global banking sect...
Bitcoin Price $30K As UBS-Credit Suisse Deal Fails To Contain Banking Crisis
Bitcoin price rises, while banks’ shares and bonds fell on Monday as UBS Group AG’s acquisition of Credit Suisse fails to calm investors’ fear, with the banking crisis deepening. UBS Group acquired th...
First Republic falls: S&P credit rating downgrade
A trader works at the post where First Republic Bank stock is traded on the floor of the New York Stock Exchange (NYSE) in New York City, March 16, 2023. Brendan McDermid | Reuters Shares of First Rep...
This ARB Token Will Drain Your Wallet and Steal Funds
Arman Shirinyan ARB token airdrop is hot topic in crypto space right now, but hackers are becoming even more active in stealing users’ funds In the past 12 hours, a hacker on the Arbitrum networ...
The banking crisis creates two new questions for investors
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, March 20, 2023 Today’s newsletter is...
Goldman Sachs Names Bitcoin Best-Performing Asset Year-to-Date
According to the data shared by Goldman Sachs, Bitcoin has gained as much as 51% in year-to-date absolute returns. With Bitcoin (BTC) reaching highs it hasn’t seen for a long time, many believe that t...
Kusama Price Analysis: KSM Volatility Sparks Trading Opportunities
KSM shows bullish dominance, but decreasing trading volume raises caution. Keltner Channel bands suggest increasing market volatility, creating trading opportunities. RSI and ROC indicate a possible b...
Morgan Stanley Strategist Says Bank Stress Signals Bear Market End
(Bloomberg) — Morgan Stanley’s Michael Wilson said the stress in the banking system marks what’s likely to be the beginning of a painful and “vicious” end to the bear market in US stocks. Most R...
El Salvador’s Bitcoin President receives 91% approval rating: La Pensa Grafia
El Salvador President Nayib Bukele received an approval rating of 91% from the local population, according to a survey conducted by La Prensa Grafica (LPG) — one of the leading daily newspapers in El ...
TRON Overtakes BSC Value Yet Again Amid Market FUD
TRON has emerged as the second largest DeFi chain in terms of total value locked once again after surpassing Binance Smart Chain (BSC). The TRON-Foundation-backed ecosystem recorded a meteoric rise in...
Orbeon Protocol: Continue Pumping in Presale
SPONSORED POST* This week, Ankr (ANKR) secured a partnership with Microsoft, Orbeon Protocol (ORBN) sold even more of its tokens, over $5 million in total so far, during its tenth stage of presale, ...