Crypto is scouring the world for banks to replace collapsed US lenders
(Bloomberg) — Crypto hedge fund manager Marco Lim spent Monday scrambling to open bank accounts in Hong Kong following the sudden collapse of three U.S. lenders....
Tagged: crypto
US crypto firms seek Swiss banking partners amid banking collapse
By Elizabeth Howcroft LONDON (Reuters) – U.S.-based crypto firms are trying to open Swiss bank accounts after the collapse of two U.S. crypto-focused banks made it...
Stablecoin Trading Dominates Monday’s Crypto Market, Tether and BUSD Sell at Premium – Market Updates Bitcoin News
On Monday, the crypto economy saw significant market activity with $183.85 billion in global trading volume over 24 hours, with a large portion of these trades...
How to improve your crypto trading strategy
More and more people are interested in investing in cryptocurrencies – this also applies in Germany. Bitcoin is of course particularly popular. This digital currency has...
Binance to convert $1B BUSD recovery funds into ‘native crypto’ – Cryptopolitan
Binance crypto exchange has announced that it will convert $1 billion in Binance USD (BUSD) to Bitcoin (BTC), Ether (ETH), BNB coin (BNB) and other tokens...
Bitcoin BTC Price Rise to $24.5K Stemmed from Regulators’ Bank Interventions, Binance Stablecoin Conversion, Investor Hopes on Fed Dovishness
Bitcoin rose above $24,000 for the first time in over two weeks as investors breathed a sigh of relief after US regulators stepped in to support...
Banking crisis will not make crypto industry unbanked despite short-term pain
The crypto ecosystem was built on the belief that no one entity, i.e. a bank, should be responsible for a person’s finances, but until that becomes...
The big scandal behind the closure of Pro-Crypto Signature Bank
Signature Bank, another major crypto-friendly institution, was shut down by regulators on Sunday. The New York financial institution, with a large lending business in the crypto...
America’s lack of first principle will cause it to lose the competition to be a global crypto hub
In testimony before the Senate Agriculture Committee last Wednesday, CFTC Chairman Rostin Behnam threw down the gauntlet to SEC Chairman Gary Gensler, making it clear that...
Bitcoin was built was for this moment
The failures of Silicon Valley Bank, Silvergate Bank and Signature Bank continue to ripple through markets, sending US bank stocks tumbling. Most recently, Charles Schwab’s stock...