“The U.S. is supposed to be a capitalist economy, and that’s breaking down before our eyes. There’s been a loss of financial discipline with the government bailing out depositors in full.” That’s Ken ...
Tag: Intervention
Crypto Market Rallies on FDIC Banking Intervention, USDC Regains Dollar Peg
The market cap of all cryptocurrencies is back above the $1 trillion mark. After a joint statement from the Federal Reserve, U.S. Treasury, and FDIC declared that all depositors of now-shuttered Silic...
Fed’s Timely Intervention Upholds Financial Sector, Says Cramer
Jim Cramer commented that there is a possibility that the Federal Reserve could be finished with rate hikes. Cramer’s comment was rooted in the fall of the three banks that resulted from Fed’s interes...
Bitcoin rallies amid US watchdogs’ intervention in bank crisis
Bitcoin (BTC) is recovering after a plunge amid the troubles at Silicon Valley Bank and Silvergate that caused investor panic. As US regulators announced support to help customers recover lost funds, ...
Andrew Yang warns of ‘mass layoffs,’ calls for government intervention after Silicon Valley Bank collapse
Andrew Yang, the entrepreneur who grabbed national attention during his 2020 White House run and his 2021 New York City mayoral run, urged government intervention following the Silicon Valley Bank (SV...
‘I don’t see another bank stepping in to help.’ Bill Ackman suggests government intervention to save Silicon Valley Bank parent.
“The failure of Silicon Valley Bank could destroy an important long-term driver of the economy as VC-backed companies rely on SVB for loans and holding their operating cash. If private capital can’t p...
AVAX Price Skyrockets to 7-Day High Amid Bullish Intervention
Bulls flood after finding support around $19.22, propelling AVAX to a 7-day high. According to the indicators, the AVAX market may be optimistic. AVAX’s price rises by more than 5% due to bullish cont...
In ‘The Heavenly Idol’ A K-Pop Band Gets Some Divine Intervention
Kim Min-kyu plays a supernatural creature who finds himself in the body of a failed k-pop star. tvN Waking up to find yourself a k-pop star might be a dream come true for some people, but it’s not tha...
Crypto Staking Services in US Under Threat of SEC Intervention
Crypto staking services in the United States are under threat. The Securities and Exchange Commission has made staking the latest enemy of traditional finance, but some companies intend to fight back....
U.S. Treasury says currency-market intervention should be reserved for ‘very exceptional circumstances’ in response to Japan’s September move
The U.S. Treasury Department on Thursday said it expects currency-market interventions, like Japan’s in September, should be reserved for exceptional circumstances, as it kept Tokyo on a list of partn...
Plunging Markets Defy Government Intervention in Taiwan, Korea
(Bloomberg) — Asia’s two tech-heavy economies South Korea and Taiwan are facing an uphill battle in trying to stem losses in what are already among the world’s worst-performing assets this year....
USD/JPY price prediction: did BOJ’s intervention fail?
The second half of September brought extreme volatility in the currency market. One of the causes was the Bank of Japan (BOJ) intervening to support the yen. It was the first intervention in more than...
Bitcoin Off Lows as Bank of England’s Bond Market Intervention Raises Hopes for Fed Pivot
The BOE, Fed, and other major central banks poured billions of dollars into the financial system via QE in the aftermath of the coronavirus-induced crash of 2020, triggering an unprecedented bull run ...
Pension fund panic led to Bank of England’s emergency intervention
The Bank of England on Wednesday launched a historic intervention in the U.K. bond market in order to shore up financial stability, with markets in disarray following the new government’s fiscal...
Currency intervention is no strategic solution: time to buy JPY pairs?
A wild week for the currency traders just ended on Friday. The US dollar surged across the board, especially on the last trading day of the week, but there is more to consider than the dollar’s streng...
Mainland Rises On PBOC’s Currency Intervention
China Last Night KraneShares Key News Asian equities had a mixed night on light volumes following an off day yesterday. Media headlines are more negative than usual as COVID lockdowns in Chengdu and n...
Coinbase requests US Supreme Court intervention to stop ‘frivolous cases’
Coinbase wants the US Supreme Court to stop two lawsuits against it — which it considers “frivolous” — to allow room for arbitration, Bloomberg News reported on August 3. The two lawsuits are currentl...
Arthur Hayes Expects Fed Intervention Following BTC Price Rise If These Events Happen
Gamza Khanzadaev Crypto entrepreneur supposes the Fed will begin printing money again and boost Bitcoin price The founder of the infamous BitMex crypto exchange and well-known entrepreneur Arthur Haye...
Ireland Bans Crypto Donations for Political Parties Fearing Russian Intervention (Report)
Citing fears of Russian intervention, Irish authorities have implemented new integrity rules that prohibit political donations sent in the form of cryptocurrencies. The nation has also incorporated st...
Understanding alternatives to government intervention
Last year, El Salvador dominated headlines as the first country to adopt Bitcoin as legal tender. The move is controversial both in and outside of the country, heralded for its potential to bring fina...
Tether responds to CoinDesk’s intervention in ongoing reserves information case
Tether has responded to CoinDesk’s intervention submission in the latest filing related to the freedom of information court battle, claiming the conflict centers on its settlement agreements wit...