President Joe Biden gave brief comments Monday morning regarding the recent events surrounding the embattled Signature Bank and Silicon Valley Bank (SVB). Following several chaotic days, SVB was shut ...
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Investors of Affected Banks Won’t Receive Bailout, says President Biden
Following the collapse of Silicon Valley Bank, US President Joe Biden assured Americans on Monday that their banking system is secure and voiced his desire for stricter regulations to avoid such disa...
President Biden assures taxpayers SVB and Signature Bank losses contained
President Biden has assured the senate banking committee that taxpayers will not bear the brunt of any potential losses incurred by SVB Financial Group and Signature Bank, in response to concerns abou...
President Biden Calls for Stronger Bank Regulations in Wake of SVB, Signature Bank Collapses
“We must get the full accounting of what happened and why those responsible can be held accountable,” Biden said. “In my administration, no one – no one is above the law. And finally, we must reduce t...
Bitcoin Spikes Above $23.5K Following President Biden’s Speech
Bitcoin surged by 6% minutes after US President Joe Biden assured that the American banking system is “safe.” Many alternative coins, including Ether (ETH), Binance Coin (BNB), and Cardano (ADA), also...
U.S. President Biden Claims Investors Of Affected Banks Will Not Be Bailed Out
After the failure of Silicon Valley Bank and Signature Bank, which threatened to set off a more widespread crisis, U.S. regulators were forced to step in with a series of emergency measures. In respon...
Here’s What To Expect for Crypto As Silvergate Bank Collapses, According to Ava Labs President John Wu
Ava Labs president John Wu is warning that the crypto industry will be adversely affected by the elimination of onramps into the crypto ecosystem. Asked by Bloomberg’s Caroline Hyde to comment on Silv...
Green Bay Packers President Mark Murphy Hopes The Aaron Rodgers Saga Is Nearing An End
Green Bay Packers president Mark Murphy hopes the end of the Aaron Rodgers saga is nearing an end. Copyright 2020 The Associated Press. All rights reserved Green Bay Packers president Mark Murphy said...
U.S. President Assures Inflation Drop; Now Bitcoin’s Time To Shine?
U.S. President Joe Biden stated that the economy of the United States was “headed in the right direction” after the positive jobs report from the Bureau of Labor Statistics was recently made public. T...
Xi Jinping Starts Unprecedented Third Term As China’s President
China’s President Xi Jinping swears under oath after being re-elected as president for a third term during the third plenary session of the National People’s Congress (NPC) at the Great Ha...
U.S President Proposes 30% Tax on Electricity Used For Crypto Mining
6 seconds ago | 2 mins read Bitcoin News Biden has proposed a 30% tax on all power used to mine cryptocurrencies. The goal of this plan is to decrease mining activities, as stated by the government. U...
President Biden’s Budget Blueprint Will Propose Changing the Tax Treatment of Cryptocurrency Transactions, Raising $24 Billion
The proposed Biden budget plan would close the current harvesting loophole on crypto tax losses, reducing wash sales trading. According to reports, US President Joe Biden’s new budget plan could close...
President Biden’s 2024 Tax Plan to Target Crypto Wash Trading and Capital Gains
U.S. President Joe Biden released his official 2024 budget plan this Thursday – and cryptocurrency transactions are in its crosshairs. His many proposals include subjecting crypto to the same wash sa...
US President Joe Biden Wants to Increase Federal Pay by 5.7%
United States President Joe Biden is reportedly on track to propose a 5.7% increase to the salaries of Federal Government workers in the country. According to a report from the Washington Post, citing...
President Nayib Bukele credits Bitcoin for rebranding El Salvador’s legacy in new Tucker Carlson interview
Ad El Salvador’s adoption of bitcoin as a legal tender has not only fixed the country’s legacy but has also had a significant positive impact on its tourism sector. According to President Nayib Bukele...
President Bukele Explains How El Salvador Benefited From Legalizing Bitcoin
The President of El Salvador – Nayib Bukele – disclosed that the country’s tourism sector has increased by 95% since it embraced bitcoin as an official means of payment. He criticized some central ban...
Dubai-Headquartered Crypto Exchange MaskEX Launches Virtual Card for Worldwide Spending and Welcomes Ben Caselin as Vice President to Drive Global Expansion Effort – Press release Bitcoin News
press release PRESS RELEASE. Dubai, United Arab Emirates, March, 2023 – MaskEX, a rapidly expanding third-generation crypto exchange, headquartered in Dubai, has announced the launch of its crypto-bac...
El Salvador President Highlights Advantages Over Bitcoin Adoption
8 seconds ago | 2 mins read Bitcoin News El Salvador has been the pioneer in officially recognizing Bitcoin as a legal tender. Bukele said that the legalization of Bitcoin has resulted in a 95% rise i...
Fed President Warns of ‘Disastrous Results’ if the Fed Loosens Policy Prematurely — Says ‘Inflation Remains Too High’ – Economics Bitcoin News
Federal Reserve Bank of Atlanta’s president has warned of disastrous economic consequences similar to those seen during the financial crisis of the 1970s if the Fed loosens its policy prematurely. Not...
The McDonald’s president just blasted a proposal to pay fast-food workers $22/hour — he made $7.4M last year. Here are 4 simple ways to stretch your paycheck
‘Costly and job-destroying’: The McDonald’s president just blasted a proposal to pay fast-food workers $22/hour — he made $7.4M last year. Here are 4 simple ways to stretch your payc...
Kohl’s Names Dave Alves President And COO
(Photo by Robert Alexander/Getty Images) Getty Images Dave Alves has been named President and Chief Operating Officer of Kohl’s effective April 2023. In the role, he will be responsible for Kohl’s ent...
Gamers Will Drive Web3 Adoption: Polygon Labs President Ryan Wyatt
Many crypto builders see video games as the killer app for Web3, citing perceived benefits like ownership of in-game items as NFTs, possible interoperability between games, and the potential to profit...
NFTs Are a ‘Trojan Horse’ for Crypto Adoption: NFT Factory President
Getting crypto into the hands of the masses may come one NFT at a time. This is exactly what NFT Factory, an NFT-dedicated hub in the heart of Paris, is trying to offer within its 400 square meters ph...
President Biden Nominates Crypto Skeptic to Lead World Bank
U.S. President Joe Biden nominated Ajay Banga to be the new leader of the World Bank – an executive who’s been critical of the crypto industry in the past. Banga is expected to take over David Malpas...
Asiff Hirji steps in as MoonPay president and COO amid top-level reshuffle
Asiff Hirji, the former president and COO of crypto exchange Coinbase, is joining the ranks of top execs at MoonPay as its president and COO, a spokesperson told The Block. Hirji left Coinbase i...
Investment Firm Manager Vivek Ramaswamy Announces Run For President
Topline Vivek Ramaswamy, a 37-year-old former biotech executive and founder of the Ohio-based Strive Asset Management firm, announced his run for the 2024 GOP nomination for president on Tuesday, maki...