The post New York Community Bancorp Stock to Benefit From Signature Bank Deal appeared on BitcoinEthereumNews.com. These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views…

The post 80 Crypto Firms Interested in Establishing Presence in Hong Kong, Official Says – Regulation Bitcoin News appeared on BitcoinEthereumNews.com. Hong Kong’s Secretary for Financial Services and Treasury has revealed that more than 80 crypto companies have expressed interest in establishing a presence in Hong Kong. They include companies across…

The post Billionaire ‘Bond King’ Jeffrey Gundlach Predicts the Fed Will Cut Rates Substantially Soon – Economics Bitcoin News appeared on BitcoinEthereumNews.com. Billionaire Jeffrey Gundlach, aka the “Bond King,” has predicted that the Federal Reserve will be cutting interest rates substantially soon. “Red alert recession signals,” he added, noting that all U.S.…

The post Moody’s Warns of Potential Financial Disruption Spillover Beyond US Banking Sector – Bitcoin News appeared on BitcoinEthereumNews.com. Roughly ten days ago, the credit agency Moody’s Investors Service downgraded the U.S. banking sector from “stable” to “negative.” In a recent update on Thursday, the company stated that there…

The post Shares of Deutsche Bank, Other Euro Lenders Tumble – Finance Bitcoin News appeared on BitcoinEthereumNews.com. Deutsche Bank shares plunged on Friday, along with the stocks of other European banks, amid investor concerns over the stability of the global banking sector. The drop comes in the…

The post Credit Suisse Shock Makes China’s 5% GDP Target Harder appeared on BitcoinEthereumNews.com. The “Credit Suisse shock” is still reverberating through the financial system. Jaap Arriens/NurPhoto via Getty Images The trauma from the 2008 “Lehman shock” still looms large in the psyches of…

The post Terraform Labs CEO Do Kwon Faces Extradition to South Korea – Bitcoin News appeared on BitcoinEthereumNews.com. According to a report published by AFP, Do Kwon, CEO of Terraform Labs, has been charged with document forgery in Montenegro. Kwon was arrested at the Podgorica airport while traveling…

The post Treasury Secretary Yellen Holds Unscheduled Meeting With Top Financial Regulators Amid Turmoil in Banking Sector – Bitcoin News appeared on BitcoinEthereumNews.com. U.S. Treasury secretary Janet Yellen initiated an unscheduled Financial Stability Oversight Council (FSOC) meeting with the country’s top financial regulators on Friday amid issues plaguing the U.S. banking sector. Banking…

The post XMR Rises to 1-Month High, XRP Moves 4% Lower – Market Updates Bitcoin News appeared on BitcoinEthereumNews.com. Monero jumped to a one-month high on Friday, as overall sentiment in crypto markets remained largely unchanged. The global market cap is now trading 0.60% higher at the time of…

Hong Kong’s Secretary for Financial Services and Treasury has revealed that more than 80 crypto companies have expressed interest in establishing a presence in Hong Kong. They include companies across mainland China, Canada, European Union countries, Singapore, the U.K., and the U.S. “We attach great importance to virtual asset (VA) and Web3,” said the government […]