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Tag: U.S.
Credit Suisse Stock Craters To All-Time Low, Europe Banks Retreat, Weakness Spills To U.S.
Credit Suisse (CS) unraveled early Wednesday, with CS stock falling nearly 28% premarket after its largest backer said it would not provide the Swiss bank with more financial assistance. European stoc...
Here’s what crypto-firms are up to following the U.S Banking crisis
Companies in search for new banking partners after collapse of three in less then a week Anchorage Digital announces layoffs amid uncertain regulatory environment The recent turmoil in the U.S. bankin...
Crypto-friendly Signature Bank probed by U.S. DoJ before its collapse
The U.S. Justice Department reportedly probed Signature Bank before state regulators shut it down. The probe revolved around the bank’s anti-money laundering steps. Signature Bank, the crypto-friendly...
Citadel founder Ken Griffin: Fed’s intervention in SVB collapse shows U.S. capitalism is ‘breaking down before our eyes’
“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 ...
TikTok May Split With China-Based ByteDance To Avoid U.S. Ban, Report Says
Topline TikTok’s American leadership is exploring a potential split with Chinese parent company ByteDance as it comes under increasing scrutiny from lawmakers and regulators about the company’s links ...
‘I’m not seeing true danger here’: Michael Burry says U.S. banking crisis to be resolved ‘very quickly’
Investor Michael Burry said in a tweet late Monday that he expects the crisis surrounding the collapse of California’s Silicon Valley Bank to be resolved “very quickly” one day after comparing SVB’s c...
Here are the biggest losers in the U.S. banking crisis
There was a panic in the financial markets when Silicon Valley Bank collapsed under the pressure of large-scale withdrawals by depositors. The saga spilled over to crypto via Circle’s USDC, which had...
TeraWulf Addresses U.S. Bank Closures
EASTON, Md.–(BUSINESS WIRE)–$WULF #Bitcoin–TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, domestic Bitcoin mining facilities powered by more...
U.S. Drone Forced Down By Russian Fighter Jet Near Ukraine
File photo of an MQ-9 Reaper drone taking off at Wheeler-Sack Army Air Field in Fort Drum, N.Y., … [+] Feb. 14, 2012. U.S. Air Force A Russian fighter jet collided with a U.S. surveillance drone...
U.S. EV Charging Network Gets $2.5 Billion Boost From Biden Administration
The Biden Administration is trying to get 500,000 new electric vehicle and alternative fuel stations opened across the U.S. getty The Biden Administration is making good on a promise to create a vastl...
Russian Jet Crashes Into U.S. Drone Over Black Sea, U.S. Military Says
Topline A Russian fighter jet hit the propeller of a U.S. Air Force surveillance drone over the Black Sea Tuesday morning, forcing it to crash, the U.S. European Command confirmed, amid heightened ten...
More Than Half Of U.S. Adults Say They’re Taylor Swift Fans, Survey Finds
Topline Nearly three-fourths of avid Taylor Swift fans are white, and roughly half of her supporters are millennials, live in the suburbs and are Democrats, according to a Morning Consult survey publi...
Gibraltar’s Xapo Bank Enables GBP and USDC Payments Amid U.S. Crypto Banking Crisis
“From today we have also added support for GBP through the Faster Payments network, meaning members will be able to make payments directly to U.K. wallets or banks,” said Seamus Rocca, CEO...
Bitcoin Breaks $26K as U.S. Inflation Slowed to 6% in February
“The macro backdrop is transitioning from that of tightening to significant loosening, or at least this is what the market is predicting,” Bob Ras, co-founder of Sologenic, a blockchain-powered ...
Banking Crisis in U.S. Likely to Push Crypto Firms Offshore
“Bank Frick is reviewing every new onboarding case individually. We apply and have always applied the same strict standards in the crypto area as in the classic banking business. If all necessar...
Silicon Valley Bank Now Under Investigation By U.S. SEC & DOJ
According to reports, the Justice Department and the Securities and Exchange Commission of the United States are conducting an investigation into the failure of Silicon Valley Bank. The investigation ...
TerraUSD: Why The U.S. Justice Department Is Now Probing The Stablecoin’s Collapse
The U.S. Justice Department is investigating the 2022 collapse of the TerraUSD stablecoin and is considering bringing criminal charges against the coin’s creator, Do Kwon, as reported by the Wall Stre...
U.S Justice Department Investigates TerraUSD Stablecoin Collapse
The US Justice Department is investigating last year’s collapse of TerraClassicUSD (USTD) stablecoin. The investigation raises the possibility of filing U.S. criminal charges against the South Korean ...
Ripple, Cardano execs double down on their criticism of U.S banking system
Ripple’s Brad Garlinghouse recently pointed out United States’ broken financial system in light of Silvergate, SVB episodes Cardano’s Charles Hoskinson also criticized the government’s position on cry...
Speculation mounts that U.S. banking crisis was a ploy to push CBDCs
Ad Nic Carter voiced his suspicions that the recent U.S. banking crisis was a ruse to accelerate Central Bank Digital Currency (CBDC) adoption. The General Partner at Castle Island Ventures said the w...
Top Expert Says Bitcoin Price Rally Will Continue Despite U.S. Banks Failing
Bitcoin’s price action has been a topic of concern for traders and investors worldwide. Expert Michael van de Poppe recently shared his technical analysis of the cryptocurrency, highlighting its poten...
Bitcoin jumps above US$24,000, leading crypto gains as U.S. acts to backstop banks
Bitcoin continued to gain momentum in Tuesday morning trading in Asia after a bounce back yesterday as regulators acted to backstop the U.S. banking industry following failures at California-based len...
Bitcoin Soars By 8%; Polygon, Polkadot, Solana Leaps Over 3% Amid The U.S. Bank Crisis
Crypto Prices Today: The market is trading in green today as Bitcoin and other Altcoins are still seeing a jump today despite the collapse of three major U.S. banks last week. As of writing, Bitcoin p...
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...
BTC, ETH backtrack losses- Is crypto rout from U.S. bank collapses truly over
U.S. regulators offer a bailout to customers affected by SVB and Signature bank collapses. Will there be alternatives to these crypto-friendly banks and their payment systems to provide liquidity? Bit...
Okcoin Halts U.S. Dollar Deposits After Signature Bank Shutdown
Okcoin, the U.S. affiliate of cryptocurrency exchange OKX, announced on March 13 that it had no exposure to defunct U.S. tech bank Silicon Valley Bank (SVB). However, Okcoin CEO Hong Fang stated that ...
U.S. Banking Crisis Sparks Boom In Bitcoin Price & Crypto Stocks
On Monday, the value of major cryptocurrencies increased in the wake of plans shared by the United States government to protect depositors at Silicon Valley Bank and Signature Bank. Bitcoin’s price cl...