Signature Bank is the next bank to be closed by Federal regulators. Regulators closed the crypto-focused bank, citing systemic risk. The Federal Reserve has closed Signature Bank, as revealed in a pre...
Tag: Systemic
With SVB and Signature, the US is making a “systemic risk exception” for systemically unimportant banks
A man puts a sign on the door of Silicon Valley Bank in Santa Clara, California Important now. With a resoluteness befitting a response to the threat of an all-out banking crisis, US banking regulator...
Did the Fed plant the seeds of destruction of Silicon Valley Bank?
Were the seeds of Silicon Valley Bank’s collapse planted by the Federal Reserve’s rapid rate increases? That is one of the debates ranging online over the weekend. Michael Green, chief strategist and ...
Bitcoin Price is up 50% Since Paul Graham’s ‘Systemic Risk’ Crypto Prediction
Join Our Telegram channel to stay up to date on breaking news coverage The entire crypto industry has been gaining momentum over the past few days, which has created a bullish sentiment throughout the...
Credit Suisse’s defeault swaps continue to skyrocket indicating a systemic risk in EU banking
The global markets might be pointing to a European banking crisis with Credit Suisse (NYSE: CS) at the core of it. The banking giant dominated the news again on Monday, October 3, with reports questio...
U.S. Soccer Failed To Protect Women’s Players From ‘Systemic’ Abuse And Sexual Misconduct, Report Finds
Topline Abuse and sexual misconduct within women’s soccer are “systemic” from youth leagues to the highest levels of the game, according to a damning report published Monday after a yearlong independe...
Uvalde School Shooting Response Plagued By ‘Systemic Failures,’ State Report Finds
Topline A series of “systemic failures” and “egregious poor decision making” prevented police from quickly reacting to the Robb Elementary School shooting in Uvalde, Texas, in May, according to a repo...
Bitcoin is facing an ‘enormous amount of systemic risk’, says billionaire venture capitalist
Chamath Palihapitiya, the founder and CEO of venture capital firm Social Capital, has warned that Bitcoin is facing an enormous systemic risk that might turn consequential in future. Palihapitiya sta...
ECB new report states crypto could reach a systemic threshold, threatening financial stability
The European Central Bank (ECB) has published a report stating that the crypto economy is growing fast, and could get to the point where crypto-assets pose a risk to financial stability. In a report e...
Bank of England Wants Stricter Rules for Crypto to Avoid ‘Systemic Risk’
The Bank of England today called for better regulation of cryptocurrencies, noting “vulnerabilities” in the market. In the U.K. central bank’s Financial Stability Report published Tuesday, it said tha...
Bitcoin Flashing Multiple Bottom Signals After Massive Systemic Shock, According to ARK Invest Analyst
Bitcoin (BTC) is flashing multiple bottom symbols, according to Yassine Elmandjra, an analyst at ARK Investment Management. Elmandjra notes BTC is trading below its 200-week moving average (MA) short ...
Reserve Bank of India ranks crypto near the bottom of systemic risks despite harsh criticism
In its latest financial stability report published on Thursday, the Reserve Bank of India, or RBI, reiterated its skepticism of digital assets, writing: “We must be mindful of the emerging risk...
Is USDD headed for the same systemic problems that brought UST down
The world has barely recovered from the UST stablecoin crash and yet another similar threat is already on the horizon. This time in the form of the USDD stablecoin that was launched in May by the Tron...
‘More Systemic Risk’—The Stablecoin Fallout Could Be Just Starting As The Price Of Bitcoin, Ethereum, Terra’s Luna, Solana, Cardano, XRP Sink
The crypto market is covered in red again. This week the price of bitcoin price fell 2.4% and ethereum’s price is down 5.0%. Cardano ADA fell 9.8%, XRP XRP lost 6.14%, and solana slumped 12.4%. Meanwh...
Stablecoins: UST, Systemic Risk & Ergo’s SigmaUSD
If you have been paying any attention to the world of cryptocurrency, odds are that you have heard about UST losing its peg and the Luna token crashing to less than $0.001. The effects of this event w...
GAL Is Under a Systemic Selling Force
Project Galaxy Price Prediction – May 17Project Galaxy appears to be under a systemic selling force over several hours of sessions this month along the lower bullish trading wall it first came up abou...
Yellen Says Crypto Poses No Systemic Risk to Financial System
In brief Treasury Secretary Yellen acknowledged that a $2 trillion market cap for crypto is not a systemic risk. Yellen also addressed the recent meltdown of the Terra stablecoin UST. Treasury Secreta...
Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia Insists – Finance Bitcoin News
The spread of cryptocurrencies brings significant risks for Russia’s economy, financial stability, and national fiat, the monetary authority in Moscow has reiterated. The central bank has reaffirmed i...
U.S. Treasury Secretary Raises Concerns Over ‘Systemic Risk’ of Stablecoins in New Speech
U.S. Treasury Secretary Janet Yellen has reservations about the rise of stablecoins and their implications on the financial landscape. In prepared remarks, Yellen says that stabelcoins raise policy co...
IMF warns crypto rout could lead to systemic risk, backs Fed digital coin
The International Monetary Fund says cryptocurrencies and stocks are likely to see more volatility, with the Federal Reserve set to raise interest rates, and as increasing correlations between the two...