63 US banks on the brink of insolvency: Why Bitcoins next target is $100K

Bitcoin price may be closer to the big milestone $100,000 mark than many realize, as a looming banking crisis could see BTC become the new safe haven asset.

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Bitcoin price drop and crypto market turmoil intensifies Is Germany to blame?

Some traders say Germanys Bitcoin selling is behind this weeks drop, but a negative reaction to concerning macroeconomic data is the likely culprit.

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Nigerias interest in Bitcoin unfazed by regulatory restrictions

Notably, Lagos, Nigerias commercial nerve center, falls outside the top 15 cities regarding Google search interest for Bitcoin.

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Is $4,000 Ethereum a distant dream? Futures premium plunge to 3-week low

Lack of enthusiasm toward cryptocurrencies comes from regulatory uncertainty, but theres also some concern on the macroeconomic side

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AI safety researchers leave OpenAI over prioritization concerns

Following the recent resignations, OpenAI has opted to dissolve its Superalignment team and integrate its functions into other research projects within the organization.

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Bitcoin price loses steam, but futures markets forecast upside above $70K

Bitcoin futures and options indicators remain stable even after BTC price swiftly rejected off the $63,500 level.

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FDUSD Depeg: Wintermute Rescues Situation in 24 Hours

FDUSD depegged to $0.87, and Wintermute capitalized on it, making $3 million in profit

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Unlocking the Mystery of Cryptos Liquidity Crisis: Why Every Chain Is Like an Island

In the world of blockchain technology, the concept of interconnected chains plays a crucial role in enabling efficient data transfer and collaboration between various platforms. Each blockchain is like an island, with its unique set of features, rules, and capabilities. However, for the technology to reach its full potential, these islands must be connected to [...]

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Kansas Heartland Tri-State Bank Closure Indicates Continued U.S. Banking Crisis

On July 28, 2023, the Kansas Office of the State Bank Commissioner closed Heartland Tri-State Bank of Elkhart, Kansas, appointing the Federal Deposit Insurance Corporation (FDIC) as receiver. (Read More)

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‘Panic of 2023’: James Corbett Explains How Bank Crisis Could Lead to CBDC ‘Nightmare of Total Monetary Control’

Investigative journalist James Corbett has recently referred to the ongoing global banking crisis involving SVB, Signature Bank, Credit Suisse and others as the “Panic of 2023,” drawing comparisons to what he views as historical precedents, and pointing ahead to an inevitable and bleak, technocratic surveillance future leveraging central bank digital currencies (CBDCs) should nothing be [...]

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Federal Reserve’s banking bailouts reach a new weekly high of $103B

The Fed’s emergency loan facility has reached new highs as embattled banks are needing a central bank bailout.

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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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Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations

On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the testimonies, digital assets and crypto businesses were mentioned. Senate Banking Committee chairman Sherrod Brown claimed on Tuesday [...]

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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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Economist Peter Schiff Advises ‘Get out of the Dollar’ — Says the USD Is Being Destroyed

Economist Peter Schiff has warned that the Federal Reserve is wrong about its recession outlook, advising everyone to get out of the U.S. dollar. He stressed that the U.S. currency is being destroyed, emphasizing that it is losing purchasing power. “Rather than fighting inflation, the Fed fueled the fire,” Schiff claimed. Peter Schiff Warns U.S. [...]

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Rich Dad Poor Dad Author Robert Kiyosaki Says America Is Bankrupt Amid US Debt Crisis

Rich Dad Poor Dad author Robert Kiyosaki says America is bankrupt as lawmakers engage in lengthy negotiations over the debt ceiling. “Unfunded liabilities as Social Security are over $250 trillion,” he said as the U.S. faces a potential debt default. Robert Kiyosaki on U.S. Debt Crisis The author of Rich Dad Poor Dad, Robert Kiyosaki, [...]

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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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