Banking Crisis – DIGIT INFO

Analyst Warns of US Banking Sector Troubles, Foresees Stock Market and Bitcoin Slide

DIGIT — Mon, 24 Jun 2024 16:15:04 +0000

While U.S. federal regulators, including the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve, have identified concerns with the crisis management tactics of four banks, in a recent interview with Kitco, market strategist Gareth Soloway expressed concerns. Soloway suggests something is “amiss” in the U.S. banking sector and claims that major banks are shedding […]

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

DIGIT — Wed, 05 Jun 2024 14:25:37 +0000

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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US Banking Sector Teeters: $517B Unrealized Losses, 63 Troubled Institutions Flagged

DIGIT — Tue, 04 Jun 2024 15:33:56 +0000

U.S. banks reported an alarming increase in unrealized losses and a growing list of institutions at risk of failure in the first quarter of 2024, according to the latest U.S. Federal Deposit Insurance Corporation (FDIC) data. The FDIC report highlights $517 billion in unrealized losses and identifies 63 banks as vulnerable, marking a concerning uptick […]

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Report Reveals Hundreds of US Banks at Risk of Failure Amid High Interest Rate Environment

DIGIT — Fri, 03 May 2024 18:34:15 +0000

Following the dramatic bank failures last year and the recent collapse of Philadelphia’s Republic First Bank last week, an analysis by Klaros Group indicates that hundreds of U.S. banks are at risk of failure. The study reveals that smaller and regional banks are experiencing stress due to burdensome commercial real estate loans and the current […]

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Robert Kiyosaki Warns: Brace for Worsening Banking Crisis, War, CBDC Surveillance

DIGIT — Tue, 27 Feb 2024 01:45:32 +0000

Rich Dad Poor Dad author Robert Kiyosaki has warned investors of an escalating banking crisis, increasing threat of war, and the potential use of central bank digital currencies (CBDCs) for surveillance purposes by central banks. “Central banks will push for CBDC … to SPY on us,” he cautioned. Robert Kiyosaki on Banking Crisis, War, CBDCs […]

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

DIGIT — Wed, 26 Jul 2023 06:23:05 +0000

PacWest shares crashed 27% before recovering on a rescue acquisition by the smaller Banc of California.

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

DIGIT — Fri, 30 Jun 2023 04:40:56 +0000

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

DIGIT — Thu, 29 Jun 2023 05:45:19 +0000

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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Crypto industry ‘destined’ to be BTC-focused due to regulators: Michael Saylor

DIGIT — Wed, 14 Jun 2023 06:31:34 +0000

The MicroStrategy co-founder believes crypto-related regulatory enforcement action will play in Bitcoin’s favor.

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Silvergate begins NYSE delisting process as it readies to cut 230 staff

DIGIT — Fri, 12 May 2023 01:32:38 +0000

The parent company of the defunct Silvergate Bank disclosed significant staff cuts and the delisting of its securities in an SEC filing.

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