Larry Fink commented that the financial sector is open to a slow-rolling crisis. Fink added that more shutdowns would follow the fall of SVB. The BlackRock CEO stated that the current turmoil is the p...
Tag: Sector
Coinbase Announces Partnership With Standard Chartered Amidst Banking Sector Turmoil
Coinbase is ramping up its expansion effort, with Singapore being the first stop. As part of its ambitious plan, the crypto exchange has announced forging a strategic banking partnership with Standard...
All 30 Dow stocks are falling, led by financial sector members Goldman, Travelers, JPMorgan Chase
The early big selloff in the Dow Jones Industrial Average DJIA is unanimous, as the stocks of all 30 components were trading lower. The biggest losers were members of the financial sector, which conti...
DexCoyote is Pushing New Projects Up by Offering IDOs in The Crypto Sector
Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and tech...
Credit Suisse shares tumble to new record low as European banking sector reels
Swiss banking giant Credit Suisse on Wednesday saw its shares fall to a new record low, pressuring the broader market and the rest of the European banking sector days after two lenders collapsed in th...
Dow futures dive over 400 points as Credit Suisse woes reignite bank sector angst, with retail sales data ahead
U.S. stock futures were sliding on Wednesday as fresh concerns over the health of Credit Suisse sparked renewed banking sector anxiety. That’s as investors awaited fresh retail sales data. How are sto...
Moody’s Downgrades US Banking Sector to Negative After Collapse of Three Major Banks – Bitcoin News
After the failure of three major U.S. banks last week, with two of them being the second and third largest banking failures in the country, Moody’s Investors Service has downgraded the rating of the U...
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...
Charles Schwab stock falls as it assures company is ‘well-positioned’ amid financial sector turmoil
Charles Schwab’s (SCHW) stock fell 11% to close at $51.91 despite assurances from the financial services company that it has plenty of funds. Shares had been down as much as 23% during Monday...
Banking Sector In Crisis: Silicon Valley Bank Closed
Another bank is in crisis; Silicon Valley Bank (SVB) has followed the financial freefall amid Federal Reserve (Fed) Chairman Jerome Powell’s hawkish macroeconomic view and tightening policies to contr...
Nigerian president-elect aims to use blockchain technology in the banking sector
Nigerian President-elect Bola Tinubu has recently released a manifesto that, if implemented, would enable the use of blockchain technology and cryptocurrencies in the nation’s banking and finance sect...
Silicon Valley Bank drops for a second day, weighing on the bank sector again
In this photo illustration of the TradingView stock market chart of SVB Financial Group seen displayed on a smartphone with the SVB Financial Group logo in the background. Igor Golovniov | Lightrocke...
Bitcoin loses 21k support, as contagion from Silvergate enters banks, financials sector
Quick Take Bitcoin lost $21,000 as support and is over 5% down today This comes after news of Silvergate halting operations. Contagion spreading into the banking and financials sector of the economy, ...
Xapo bank integrates Bitcoin Lightning Network amid turmoil in crypto banking sector
Ad Coinbase-owned Xapo bank announced its integration with the Bitcoin (BTC) Lightning Network on March 2, becoming the first fully-licensed bank integrated with the Lightning Network. This integratio...
Oil Sector Dealmaking Heats Up
Investment in oil and gas companies listed on the S&P 500 increased by more than 26% this past year, … [+] even as the index tumbled by 5% overall. getty Reports of the shine going off the o...
India To Include Money Laundering Provisions On Crypto Sector
According to a report from Reuters, the government of India has decided to introduce money laundering provisions in the crypto sector. The Finance Ministry released a notice on Tuesday stating that th...
India Introduces Money Laundering Provisions for Crypto Sector
The Indian government has imposed money laundering provisions on the crypto sector in its latest move to tighten oversight of digital assets. Bloomberg reported that India’s Finance Ministry said on T...
What Drake’s Bitcoin bet loss means for the crypto sector
While Drake – real name Aubrey Drake Graham – might be best-known for his musical talent and his ability to release chart-topping hits, he has also been gaining a reputation for a few other activities...
We Don’t Want to Strangle Crypto Innovation, but Sector Is a Mess
“We’ve seen just a remarkable set of events in the crypto space,” he said, noting there’s been “quite a lot of turmoil” in the past year, with companies collapsing and high-profile fraud b...
Bware Labs is upending the status quo in the blockchain sector with the introduction of the Blast mainnet
Advertisement     Bware Labs, a leading blockchain infrastructure provider, is delighted to announce the launch of the Blast mainnet bringing a new generation of block...
XRP Lawsuit Outcome Will Have Huge Impact on Crypto Sector
The Ripple vs. SEC case has been dragging on for the past two years and has now entered its third year. The whole crypto market is eagerly waiting for the end of this battle. Brad Garlinghouse, Ripple...
Upstart Stock Price : UPST looks promising in the AI sector ?
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BTC Edges Lower, as US Manufacturing Sector Contracts – Market Updates Bitcoin News
Bitcoin fell into the red on March 2, as markets reacted to further negative data from the United States. The nation’s manufacturing sector contracted for a fourth straight month in February, which co...
Yield Farming Sector up 8% according to CryptoSlate data
Ad Yield farming platforms and protocols surged 8% over the last 24 hours, with a total sector market cap now north of $10 billion. What are yield farming coins? The yield farming token sector refers ...
Visa Committed To Crypto Sector, Crypto Daily TV 1/3/2023
In Todays Headline TV CryptoDaily News: Visa’s crypto strategy remains intact. U.S. payments giant Visa remains committed to investing in the crypto sector and supporting the technology despite ...
Sequoia and a16z Make More Investments in Fintech than in Any Other Sector in 2022
Leading VC giants Sequoia & a16z undertook several investments in the fintech space in 2022, more than any other sector. Sequoia Capital and Andreessen Horowitz (a16z) reportedly invested more in ...
Boomco & Polygon Labs collab to boost the education sector via blockchain technology
NFTs have more utilities now in addition to coming out of support for artists. Plus, it is now complemented by blockchain technology to improve different industries across the world. The latest to ent...
Hong Kong Sets Aside HK$50 Million for Web3 Sector
Hong Kong’s authorities have committed to expanding their exposure to cryptocurrencies The SFC has proposed a six-week period to allow for the trading of digital assets in Hong Kong Authorities in Hon...