Not every bank failure is caused by crypto, and recent ones are no exception. Following the rapid collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, including the 2nd and 3rd ...
As banks totter, crypto is busy racking up gains
Hello and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is Alex and we are here to do our Monday show, a kickoff ...
Crypto Wants Its Shine Back
After a miserable year, cryptocurrency companies are looking for ways to rebrand products that many consumers no longer trust.
Animoca’s Yat Siu Says Crypto Is Becoming A ‘Safety Net’ Amid Banking Crisis
The chairman of Asia’s largest blockchain investor thinks volatile cryptocurrencies are a relatively safe investment as the traditional financial world is rocked by the Credit Suisse turmoil and the ...
Japan government says banking system stable, plays down risk of contagion
TOKYO: Japan's banking system is stable and the country will not see a contagion from US and European banking sector woes, Chief Cabinet Secretary Hirokazu Matsuno said on Monday (Mar 20). He also ...
Bitcoin near 9-month high as bank turmoil sparks rally
FILE PHOTO: A representation of virtual currency Bitcoin is seen in front of a stock graph in this ... a historic Swiss-backed takeover of troubled Credit... TOKYO (Reuters) -Japan's top government ...
Inside the world of high-end crypto rehab centers, where a 4-week stay can cost you $320,000 and no luxury is spared
The Balance has 10 properties across Spain, the UK, and Switzerland. Patients get access to a personal manager, a chef, and 70 specialists.
Nikkei ends at 2-month low as Credit Suisse buyout fails to calm market jitters
TOKYO, March 20 (Reuters) - Japan’s Nikkei share average ended at a two-month low on Monday, as worries about recession and a potential global banking sector crisis drove a sell-off of risk assets ...
Asian shares open slightly lower, Bitcoin rallies after Switzerland’s UBS seals deal to acquire Credit Suisse
Asian shares are slightly lower early on Monday after Switzerland's UBS struck a deal to take over peer Credit Suisse. The deal values Credit Suisse at around $3.25 billion. The development in Europe ...
Japan’s Matsuno: Country’s financial system is stable as a whole
Japanese Chief Cabinet Secretary Hirokazu Matsuno says Japan's financial system is stable as a whole. “Central banks swiftly ramped up efforts as risk-aversive moves seen in markets,” Matsuno added.
Liquidity flood pushes bitcoin to brink of new bull run
The Fed’s pivot has fired the starting gun on a new bull run for bitcoin prices and the collapse of bond yields suggests bitcoin’s resurgence has legs.
Fed, ECB and Others Take Coordinated Steps to Boost Dollar Liquidity; Bitcoin Tops $28K
The U.S. Federal Reserve (Fed) on Sunday announced it had joined hands with other major central banks to ensure a steady flow of the U.S. dollar, ...
One country, two crypto systems: Hong Kong harbors crypto hub ambitions despite China’s crackdown
The city's digital asset push stands in contrast with the mainland, where Beijing has effectively banned trading and stamped out crypto-related activities.
There’s strong demand from people moving some of their deposits into crypto, strategist says
Markus Thielen of Matrixport discusses the demand for cryptocurrency in the wake of the banking crisis. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more ...
Japan’s Nikkei drops as Credit Suisse buyout fails to calm market jitters
Japan's Nikkei share average dropped on Monday, tracking Wall Street's slump, as worries about recession and a potential global banking sector crisis hurt demand for risk assets despite a weekend ...
Japan Govt Says Banking System Stable, Plays Down Risk of Contagion
Japan's banking system is stable and the country will not see a contagion from U.S. and European banking sector woes, Chief Cabinet Secretary Hirokazu Matsuno said on Monday. He also welcomed Sunday's ...