The post Bitcoin rallies after collapses of Signature, SVB and Silvergate. Here’s why appeared on BitcoinEthereumNews.com. Bitcoin is seeing its best three-day performance since October 2019, as the collapse of three U.S. banks in a week fueled some investors’ hope that the Federal Reserve may have…
Citadel founder Ken Griffin: Fed’s intervention in SVB collapse shows U.S. capitalism is ‘breaking down before our eyes’
The post Citadel founder Ken Griffin: Fed’s intervention in SVB collapse shows U.S. capitalism is ‘breaking down before our eyes’ appeared on BitcoinEthereumNews.com. “The U.S. is supposed to be a capitalist economy, and that’s breaking down before our eyes. There’s been a loss of financial discipline with the government bailing out depositors in…
10 U.S. banks that have been the best earnings performers over the past 15 years — are any of them bargain stocks now?
The post 10 U.S. banks that have been the best earnings performers over the past 15 years — are any of them bargain stocks now? appeared on BitcoinEthereumNews.com. Now that the market has calmed down a bit following the pummeling of financial stocks in the wake of the failures of Silicon Valley Bank and Signature […]
Bitcoin Price Analysis: BTC Rally Could Extend Above $26K
The post Bitcoin Price Analysis: BTC Rally Could Extend Above $26K appeared on BitcoinEthereumNews.com. Bitcoin price started a fresh increase above the $24,000 zone against the US Dollar. The price is now trading above $23,000 and the 55 simple moving average (4-hours). There was…
EUR to GBP (EUR/GBP) forecast ahead of ECB decision
The post EUR to GBP (EUR/GBP) forecast ahead of ECB decision appeared on BitcoinEthereumNews.com. The EUR/GBP exchange rate is gearing up for a busy time ahead of the latest UK budget and European Central Bank (ECB) decision. It has bounced back from this week’s…
Crypto bank Anchorage Digital cuts 20% of staff citing regulatory uncertainty
The post Crypto bank Anchorage Digital cuts 20% of staff citing regulatory uncertainty appeared on BitcoinEthereumNews.com. Crypto bank Anchorage Digital announced it would be letting go of 75 employees, representing approximately 20% of its workforce, citing regulatory uncertainty in the United States as a factor in…
Ethereum Price Prediction: Is the Rally Just Getting Started?
Ethereum price rallied above the $1,700 resistance against the US Dollar. ETH might correct lower and test the $1,650 support zone before a fresh increase. Ethereum started a major increase above the $1,650 resistance zone. The price is trading above $1,650 and the 100 hourly simple moving average. There is a major bullish trend line […]
Crypto Bank Closures to Impact Business in the US
The post Crypto Bank Closures to Impact Business in the US appeared on BitcoinEthereumNews.com. The crypto industry may have weathered the storm, but the aftermath will be significant as they face a de-banking crisis and some uncertain next steps. So, to start with, three…
Crypto bank Anchorage Digital cuts 20% of staff citing regulatory uncertainty
Crypto bank Anchorage Digital announced it would be letting go of 75 employees, representing approximately 20% of its workforce, citing regulatory uncertainty in the United States as a factor in its decision. In a March 14 statement labeled the layoffs as “a strategic realignment to better focus our resources,” and pointed to “broad macroeconomic challenges, […]
Identifying Proposal 187’s full impact on Cosmos validators, ATOM holders
The post Identifying Proposal 187’s full impact on Cosmos validators, ATOM holders appeared on BitcoinEthereumNews.com. Validators on the Cosmos Hub network will earn more tokens as it welcomes the Lambda V9 upgrade Validators currently stake over 60% of ATOM’s current market cap The Cosmos community…