Up until Silicon Valley Bank went pop, it was all about the evil crypto demons corrupting the U.S. financial system. It was Silvergate all the way; then kaaaaaboooom down goes Silicon Valley Bank, the ...
Crypto rallies for a second day after U.S. inflation data comes in as expected, bitcoin briefly jumps above $26,000
Bitcoin broke through the key level of $25,200 after the latest consumer price index reading came in as expected.
Despite market volatility, advisor says he’s ‘bullish’ on crypto education. Here’s why
Despite the volatility in the cryptocurrency market, Douglas Boneparth, member of CNBC's Financial Advisor Council, said he's "bullish" on crypto education.
India probing ‘several’ crypto cases for money laundering, seizes over $115 million
India’s Enforcement Directorate is investigating several crypto cases for money-laundering schemes and has seized over $115 million to date.
Crypto climbs in the shadow of SVB collapse as bank deposits protected
Over $100m worth of bitcoin shorts were liquidated on Monday — the highest amount since 14 January, when a sudden increase caused $500m in liquidation across several crypto futures. There have been ...
Crypto exchange Binance to halt sterling transfers
Binance is halting its sterling deposits and withdrawals, a company spokesperson said on Tuesday, a month after the world's largest crypto exchange ceased dollar transfers.
Japan’s Nikkei drops most in 3-months on concerns over stability of U.S. financial system
Japan's benchmark Nikkei stock index marked its biggest drop in three-months on Tuesday as banking shares were offloaded amid investor fears of further fallout from the collapse of two major U.S.
Japan stocks lower at close of trade; Nikkei 225 down 2.20%
Japan stocks were lower after the close on Tuesday, as losses in the Insurance, Banking and Paper & Pulp sectors led shares lower. At the close in Tokyo, the Nikkei 225 lost 2.20%. The best performers ...
The Crypto Bros Are Fast Becoming Unbankable
Crypto bros are quite literally becoming bankless and unbankable. By abruptly bundling crypto-friendly Signature Bank — one of the last of its kind — into receivership amid an extraordinary weekend operation to backstop the US banking system,
Analysis: Door slams on Japan bank rally as focus turns to bond holdings in wake of SVB
SINGAPORE (Reuters) - Tokyo banking stocks stood within sight of decade highs last week, testing the top of a range that has bound them since the 2008 global financial crisis -- then Silicon Valley ...
Asian markets tumble as SVB fallout fears rattle banking sector
Asian stocks fell broadly on Tuesday, dragged down by banking shares, as fears over the fallout of Silicon Valley Bank's collapse gripped the market despite US government efforts to stabilize the ...
Bitcoin Crosses $24.7K, Sees Highest Liquidations in Two Months
stablecoin to bitcoin, ether (ETH), bnb coin (BNB) and other unspecified tokens – which also likely contributed to the price rise. Meanwhile, Asian companies mirrored the U.S. market movement on ...
Hang Seng Index, ASX200, Nikkei 225: Under Pressure as SVB Collapse Sparks Contagion Fears
Global markets hit by SVB collapse, banking shares take significant hit as China, Hong Kong, Japan, and Australia experience sharp declines.
Japan’s policymakers play down contagion risk from SVB collapse
Japanese policymakers on Tuesday played down the risk of the economy taking a hit from the collapse of U.S. lender Silicon Valley Bank, even as fears of a contagion hit financial stocks and sent ...
Japan banks, JGB yields plunge as traders assess SVB fallout
Japanese banking shares on Tuesday were set for their biggest tumble since the onset of the COVID-19 pandemic, dragging the Nikkei share average down more than 2%, as investors tried to gauge the ...
Is Crypto A Scapegoat For Fed Policy?
The move has sparked controversy and raised concerns about the relationship between traditional financial institutions and the emerging world of cryptocurrency.