Banking Crisis – Page 2

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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Circle CEO warns of active and accelerating de-dollarization

The U.S. 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 said.

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Bitcoin, Ethereum Technical Analysis: BTC Moves Back Above $29,000, After Customers Withdraw $100 Billion From First Republic Bank

Bitcoin was back above $29,000 on Wednesday, as markets continued to react to concerns over First Republic Bank. It was reported that customers withdrew around $100 billion in deposits from First Republic in March. Ethereum was also higher on the news, climbing back above $1,900. Bitcoin Bitcoin (BTC) rebounded strongly on Wednesday, as markets reacted […]

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Central Banks Reduce US Dollar Swap Lines to Weekly Auctions Amid Moody’s US Banking Sector Downgrade

After the tumultuous downfall of three major banks, namely Silvergate Bank, Silicon Valley Bank, and Signature Bank, several central banks made a collaborative announcement of a swift, coordinated emergency response. The intervention aimed to furnish U.S. dollar liquidity, with the intention of alleviating the impact of such severe shocks on the flow of credit 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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MicroStrategy stock price more than doubles in 2023 in lockstep with Bitcoin

Bank of America and Fidelity have increased their MicroStrategy exposure in what appears to be a passive Bitcoin investment.

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Tether market cap eyes record high after regaining 65% stablecoin dominance

The market capitalization of Tether is nearly a billion dollar away from reaching a new lifetime peak while rival stablecoins struggle.

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The Fall of Medici Bank: Lessons on Fractional Reserve Banking From 15th Century Italy

Amid the banking chaos of the 21st century, some are looking back more than 600 years ago, to the Medici Bank — one of the most powerful banks of its time. It established its business and became one of the most respected banks in Europe during its prime, and the prominent Italian family of bankers […]

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JPMorgan CEO Jamie Dimon Says Banking Crisis Not Over — Warns of ‘Repercussions for Years to Come’

JPMorgan Chase CEO Jamie Dimon says the U.S. banking crisis is not over and “there will be repercussions from it for years to come.” The executive added that recent bank failures “have significantly changed the market’s expectations,” and the odds of a recession have increased. JPMorgan CEO Jamie Dimon on U.S. Economy, Recession, and Banking […]

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Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023

After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central bank’s mission. Additionally, the majority of the market is pricing in another 0.25% increase for the May […]

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