‘How did this happen’ — Powell Says Fed Stumped Over the Collapse of SVB
The chairman of the United States Federal Reserve, Jerome Powell, has admitted that his regulator was caught off guard by the rapid collapse.
Crypto News
Crypto News
Is It Time to Get Rid of the United States Federal Reserve?
The Federal Reserve (Fed) was established in 1913 as a central banking authority to manage the US economy and prevent financial catastrophes. It.
Crypto News
Crypto Fear and Greed Index Surges to Highest Level This Year Amid Rising Optimism
The Crypto Fear and Greed Index, which aggregates investor confidence and market attitude, has achieved its highest level this year, showing increased optimism.
Crypto News
‘Operation Choke Point 2.0’ May Have Contributed to SVB’s Collapse: Mulvaney
According to Donald Trump’s former acting White House chief of staff, Mick Mulvaney, if the US government truly implements “Operation Choke Point 2.0,”.
Crypto News
XRP Market Cap Tops $20 Billion
XRP, the contentious cryptocurrency linked to the San Francisco-based distributed ledger corporation Ripple, has surpassed the $20 billion milestone in market value. Within.
Bitcoin News
Bitcoin (BTC) Will Reach $1,000,000 Amid Major Move From Central Banks, According To BitMEX Founder Arthur Hayes
BitMEX co-founder and CEO Arthur Hayes predicts a large Bitcoin (BTC) rise and a major shift in global central bank policy. Hayes claims.
Crypto News
Janet Yellen Grilled on Bank Failures, Proposes Only Banks With Systemic Risks Get Refunded
Following the failures of Silicon Valley Bank and Signature Bank, bank regulators rushed to make all depositors whole. This includes deposits made through.
Crypto News
Federal Reserve Confirms July Launch for FedNow Instant Payment Service
The long-awaited quick payments system from the US Federal Reserve, which is seen as an alternative to central bank digital currencies and stablecoins,.
Bitcoin News
US Credit Crunch Means it’s time to Buy Gold and Bitcoin: Novogratz
According to Michael Novogratz, founder and CEO of Galaxy Digital, the United States is on the verge of a credit crunch, making this.
Blockchain News
U.S. DOJ Was Investigating Signature Bank’s Work With Crypto Clients: Bloomberg
According to Bloomberg, which cited people familiar with the case, the US Department of Justice (DOJ) in Washington and Manhattan were investigating possible.