Banking News

Social media has forever changed how we view and manage financial crises. Banks need a way to tactfully handle what is now being coined “social media risk.”

Draper said cryptocurrencies are a good option to hold excess cash as it needs to be a long-term holding that is easily saleable in times of crisis.

Caitlin Long says Operation Chokepoint 2.0 is real, but stifling the U.S. crypto industry will bring other problems down the line.

Arthur Hayes explains that BTFP liquidity remains locked until rates drop, at which point, Bitcoin will rise significantly.

Balaji Srinivasan warns of impending financial tyranny under CBDC system, advocates for Bitcoin as a solution.

Input Output CEO Charles Hoskinson says that crypto is the "escape valve" to the corrupt banking system — not the cause of the crisis.

Raoul Pal dismissed Bitcoin hitting $1 million in 90 days, but thinks $50,000 could happen sooner than people think.

Signature Bank has found a buyer after a week long financial odyssey, the New York Community Bancorp, Inc.

Swiss President Alain Berset announced the outcome of the deal.

Meanwhile, the largest stablecoin by market capitalization USDT has experienced an 8.7% increase in supply.

Back of America to Signature's rescue? According to the investor and renowned short-seller, BOA seems to be on the table.

Several crypto community members pointed out that Bitcoin could help solve the problems highlighted by the Gemini co-founder.

Meanwhile, Circle's USDC stablecoin maintains $1 peg despite recent banking contagion and widespread fear in the banking sector.

During Mar. 11-12, Defi's transaction volume exceeded $58B, while Mar. 11 recorded least active NFT traders since November 2021.

Tom Emmer said the Federal Reserve's instant payments settlement system FedNow suggests that it is competing with private entities.

The flagship cryptocurrency saw a slight sell-off in the hour following the ECB rate hike after briefly breaking $25,000 and was trading at $24,752.58, as of press time.

The FDIC has handed over auction of the bank to Piper Sandler, who will conduct a second auction on March 17.

The service has been said to address the same issues as a potential CBDC — set to launch the FedNow payment system in July.