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Category: Banking Crisis
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Google Trends Data Reveals Searches for ‘Banking Crisis,’ ‘Bank Runs,’ Skyrocket
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Chair of EU Parliament’s Committee on Budgets Calls for Crypto Ban Amid Banking Turmoil
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Mike Novogratz Warns of Credit Crunch in US and Globally — Expects Fed to Cut Rates ‘Sooner Than We Think’
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Analysts Suspect Banking Crisis Triggered ‘Resting Bull Market’ in Gold, Silver Could Print Much Higher Gains
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Bitcoin returns to $25K as Credit Suisse bailout precedes EU rate hike move
A day of important macroeconomic news both in the U.S. and Europe sees BTC price action circling the all-important $25,000 zone.
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Coinbase, Celsius and Paxos disclose funds in Signature Bank
The crypto-friendly Signature Bank was a key partner for many crypto firms, some which have been voluntarily disclosing their exposure to the recently closed firm.
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Bank of England Shuts Down Silicon Valley Bank’s UK Branch After US Regulators Close Parent Company
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2 American Banks Have Failed Since Coronavirus Started Spreading in the US
Since the coronavirus started spreading in the U.S., two banks have failed and were shut down by state banking authorities. One was a bank in West Virginia and the other was in the state of Nebraska. The governor of West Virginia has already issued a stay-at-home order due to rising covid-19 cases. Also read: IMF […]
The post 2 American Banks Have Failed Since Coronavirus Started Spreading in the US appeared first on Bitcoin News.
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Another Chinese Lender Bailed Out After Bank Run
Yichuan Rural Commercial Bank, a lender operating in the central Henan province, has become the latest Chinese bank to be bailed out by the government this year. The small financial institution, which has around 30 branches only in the Yichuan county, experienced a bank run sparked by rumors that its top management was in trouble […]
The post Another Chinese Lender Bailed Out After Bank Run appeared first on Bitcoin News.
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