Major US banks get passing grade in ‘severe recession’ stress test

America’s central bank has been stress-testing retail banks in the wake of several high-profile banking collapses earlier this year.

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Debt ceiling, bank crisis set for ‘powder keg’ explosion: BitMEX co-founder

Former BitMEX CEO Arthur Hayes believes it will cause significant volatility in Bitcoin as well, suggesting it won't likely reach a new all-time high this year.

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Fed Bank President: Banking Crisis Tips US Economy Toward Recession

The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, says the current banking crisis has pushed the U.S. economy closer to a recession. “We have fundamental issues, regulatory issues facing our banking system,” the Fed official stressed. Neel Kashkari on U.S. Economy, Banking Crisis, Recession Federal Reserve Bank of Minneapolis President Neel Kashkari [...]

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Former President Donald Trump Says US Dollar Is Crashing — Warns ‘We’re Very Close’ to World War III

Donald Trump has warned that the U.S. dollar is crashing and soon will “no longer be the world standard.” The former president of the United States further warned that “we are very close” to a third world war happening. “Joe Biden has led us to the very brink of World War III,” he stressed. Trump

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Investors Flock to US Money Market Funds Amid Banking Crisis

Amid banking crisis fears, investors have poured $286 billion into US money market funds in March, with Goldman Sachs, JPMorgan Chase, and Fidelity among the biggest winners. These funds are offering high liquidity and low risk, making them popular during uncertain times. (Read More)

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French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud

On Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas, HSBC, Natixis, and BNP’s Exane Bank, over alleged charges of money laundering and fiscal fraud. According to a spokesperson for France’s Financial Prosecutor’s Office (PNF), the preliminary investigation into four French banks and one international [...]

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Circle CEO warns of active and accelerating de-dollarization

The United States must capitalize on the “high demand” for digitally native U.S. dollars, particularly from those in emerging economies with weak local banking systems, the Circle CEO says.

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Got liquidated with Bitcoin futures? Get 3.5x leverage using this options strategy

Here is how professional traders use Iron Condor options strategies to benefit from the banking crisis and the U.S. debt ceiling increase.

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PacWest stock flash crash recovers after rescue merger with Banc of Cali

Shares in PacWest bank flash crashed by 27% on July 25 only to quickly recover in after-hours trading on the news it had merged with the Banc of California. PacWest Bancorp stock slumped from $10.33 to $7.50 in late trading on July 25, sparking concern among the finance and crypto community, with some asking if [...]

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Bitcoin makes play for $30k, leading to $145M in liquidations

Bitcoin’s (BTC) rally toward $30,000 led to more than $70 million in liquidations for short traders in the last 24 hours, according to Coinglass data. The overall crypto market saw roughly $145 million in liquidation during the period, mostly from traders who held short positions against BTC and other cryptocurrencies. According to Coinglass, 37,332 traders were liquidated […]

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Billionaire Bill Ackman on US Banking Crisis: ‘I Fear We Are Heading for a Train Wreck’

Billionaire Bill Ackman has warned that the U.S. economy is “heading for a train wreck” if the government allows the current banking crisis to continue. “Trust and confidence are earned over many years, but can be wiped out in a few days,” he said. “Hopefully, our regulators will get this right.” Bill Ackman’s Warning Billionaire [...]

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Silver Set to Shine: Citigroup Analysts Forecast $30 Value in Next 6-12 Months

Citigroup analysts foresee a significant increase in silver’s value, potentially hitting $30 per unit within the next 6-12 months, according to the multinational bank’s latest silver assessment. The experts at Citi predict an ongoing decline of the U.S. dollar and anticipate a decrease in the federal funds rate at some point. Silver’s Value Poised to [...]

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US Treasury seeks to tighten nonbank rules following banking crisis

Janet Yellen called for further regulation of nonbank institutions claiming they pose a systemic risk to U.S. financial stability.

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Banking crisis could push cryptocurrency regulation into gray area

Circle CEO Jeremy Allaire believes that the ongoing global banking crisis could lead to more uncertainty and gray area in the regulation of cryptocurrencies due to market anxiety over exposure to the US financial system and the risk of a large-scale banking system failure. (Read More)

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Fed balance sheet adds $393B in two weeks — Will this send Bitcoin price to $40K?

The U.S. central bank's liabilities may increase if more regional banks fail, creating an upside scenario for the price of Bitcoin.

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Ethereum faces 6-month lows versus Bitcoin — Will ETH price rebound?

Ethereum’s native token, Ether (ETH), continues its multi-month downtrend against Bitcoin (BTC) in March, rising 5.5% versus the latter’s 19.5% gains on a month-to-date (MTD) timeframe. Bitcoin overshadows Ethereum amid banking crisis As of March 23, the ETH/BTC pair was down about 9% month-to-date (MTD) to 0.0633 while staying on course to record its worst [...]

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Bitcoin’s banking crisis surge will ‘attract more institutions’: ARK’s Cathie Wood

The value proposition of Bitcoin (BTC) is on full display amid the current banking crisis, which will only “attract more institutions” to the BTC market over time, ARK Invest CEO Cathie Wood believes. Wood shared her thoughts on BTC’s recent price surge in a March 21 Bloomberg interview, stating its price behavior through the crisis [...]

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Why is Cardano price up today?

Cardano (ADA) rallied to its best price level in a month as cryptocurrency investors prepared for the Federal Reserve’s looming interest rate decision. Fed boosts appetite for cryptos like ADA On March 22, ADA’s price surged by as much as 4.58% to $0.388, its highest level since Feb. 24. This bucked the trend as the total [...]

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US exploring ways to guarantee the country's 18T of bank deposits: Report

The current deposit insurance cap under the FDIC is $250,000, but recent banking collapses have seen calls to increase that amount.

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Cryptocurrency Firms Deny Exposure to Troubled US Banks

Major cryptocurrency firms, including Tether, Crypto.com, Gemini, BitMEX, and others, have denied exposure to dissolved U.S. banks like Silicon Valley Bank and Signature Bank. The firms have taken to social media to assure their users that their funds are safe and accessible despite ongoing issues in the U.S. banking system. (Read More)

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