Evercore ISI is comparing the bank stress to another critical time on Wall Street: The year of the savings and loan crisis and epic crash. “To think you would see financial stress of this kind d...
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Coinbase Working on New Strategies To Attract More Users
Coinbase (COIN), the largest cryptocurrency exchange platform in the US, is working on new strategies to attract more crypto users to the platform. In February 2023, Coinbase announced ‘Base,’ a new t...
This biopharma stock jumped over 250% on Monday: what happened?
Shares of Provention Bio Inc (NASDAQ: PRVB) more than tripled on Monday after Sanofi S.A. (EPA: SAN) confirmed plans of buying the biopharmaceutical company that focused on autoimmune diseases. Here’s...
ARK Invest’s Cathie Wood ‘not surprised’ at crypto market rebound
Ad Cathie Wood, the founder and CEO of ARK Invest, said that more regional banks could fail if the ongoing banking crisis in the U.S. isn’t resolved. Wood looked back at the factors that led to Silico...
BTC and USDC Rally To Avoid Further Damages After US Mediation
The failure of Silicon Valley Bank caused ripples in the crypto industry, but after mediation of US authorities, USDC and Bitcoin rallied. When the news of the SVB fallout broke, USDC stablecoin lost ...
DigiToads (TOADS), ADA & Ankr (ANKR)
Advertisement     Staking tokens is a strategy that allows individuals to earn passive income by holding onto their crypto assets in exchange for participating in the ...
Crypto Firms Announce Funds Caught in Signature Bank Closure
Coinbase announced that it had about $240 million in corporate funds at Signature Bank, but expects a full recovery of all its funds. Several crypto firms, including Paxos, have disclosed their level ...
Crypto Exchange Bybit and Red Bull Launch Athlete Development Program
Crypto derivatives exchange Bybit has teamed up with Oracle Red Bull Racing to launch an athlete development program called The Bybit Performance Accelerator. According to a press release shared with ...
Because Of Evan Mobley, Jarrett Allen’s Eye Injury Won’t Change The Course Of The Cleveland Cavaliers’ Season
Detroit Pistons’ Marvin Bagley III looks to shoot over Cleveland Cavaliers’ Jarrett Allen (31) and … [+] Evan Mobley during the first half of an NBA basketball game in Cleveland, Sat...
Yes Bank share price crossed key support level: Buy the dip?
Yes Bank (NSE: YESBANK) share price crashed to the lowest level since July 2022 in an important day for the company. It nosedived to a low of 14.45 INR and then pared back some of those losses to clos...
U.S. Crypto Firms Explore European Banking Partners Amid Financial Crisis
The recent banking crisis in the U.S., which resulted in losing three crypto-friendly banks, Silvergate Capital, Silicon Valley Bank, and Signature Bank, has raised concerns among U.S.-based firms. A...
Fed rate expectations flip as US inflation data may take backseat to banking tumult
Crypto prices soared throughout the day as the turmoil in U.S. regional banking continued and interest rate hike expectations were recalibrated. The target rate probability of no increase next ...
Bloxmith Launches Raiders Rumble on the Flow Blockchain To Bring Mainstream Users To Web3
Advertisement     Bloxmith, a player-first Web3 gaming studio, is delighted to announce that the open beta for its game Raiders Rumble is now available for download on...
Banking Crisis Won’t Leave Crypto Industry Unbanked Despite Short-Term Pain
Regardless of the final outcome, every bear cycle in crypto has experienced such conundrums, and came out stronger, Xu said. “Having been in this industry for as long as I have, this news doesn’t surp...
Justice Department Probe Into the TerraUSD Crash
The U.S. Justice Department is investigating the collapse of the TerraUSD stablecoin, according to a report from the Wall Street Journal, citing sources familiar with the matter. Former team members b...
Jimmy Fallon Sparks Online Feud with Bored Ape NFT Collectors
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United Airlines, First Republic, Charles Schwab
United Airlines (UAL) United Airlines stock fell more than 7% after the company said it expects to see a quarterly loss stemming from its labor contract. United now sees a first-quarter loss of 60 ce...
Prompt Regulator Action And Stablecoin Issuer Assurances See USDC Repeg ⋆ ZyCrypto
Advertisement     A March 12, 2023, joint statement by the Department of the Treasury, Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) advised th...
The Simpsons Predicted Again: SVB Melts in Years-Old Episode?
The Simpsons did it again, this time with SVB SVB, or the Silicon Valley Bank, was acquired by the US regulators dated March 10, following a run on deposits. In light of the occurrence, the social med...
Banking Crisis Escalates Ahead Of CPI Inflation Report; Schwab In Focus
Dow Jones futures were higher ahead of Tuesday’s open, as the banking crisis continues to escalate, with two large bank failures in recent days — SVB Financial (SIVB) and Signature Bank (SBNY). ...
First Horizon Plunges 38% Below TD Bid in Regional Bank Nightmare
(Bloomberg) — First Horizon Corp. fell by the most since September 2008 as the crisis in regional banks cast doubt on whether Toronto-Dominion Bank will follow through with its planned $13.4 bil...
Pete Buttigieg’s Husband Criticizes Pence For Mocking Paternity Leave
Topline Chasten Buttigieg, husband to Secretary of Transportation Pete Buttigieg, pushed back against former Vice President Mike Pence on Monday for mocking his husband’s 2021 parental leave stint, af...
McConnell Released From Hospital After Broken Rib And Concussion
Topline Senate Minority Leader Mitch McConnell (R-Ky.) was discharged from the hospital Monday following injuries he received during a fall at a D.C. hotel Wednesday night, according to his spokesman,...
Bank of America Has Biggest Losses in Bond Portfolio Among Peers
Bank of America is sitting on the largest losses among the country’s biggest banks in a key portion of its bond portfolio. Bank of America (ticker: BAC), like other banks, invests in Treasury securiti...