Switzerland preparing emergency measures for UBS’ takeover of Credit Suisse: Report
The emergency preparation will allow the takeover to proceed without the usual “six-week consultation period” with shareholders, according to people...
Day: March 18, 2023
US midsize banks seek FDIC Insurance on ‘all deposits’ for 2 years: Report
The banking coalition reportedly argued that it would bring stability to the banking industry and reduce the chances of "more...
Bitcoin Price Prediction for Today, March 18: BTC/USD Trades Around $27,363; Ready for Another Spike?
The Bitcoin price prediction shows that BTC is trading at $27,363 as the coin seems to be preparing for another...
UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal
After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group...
Analysts Suspect Banking Crisis Triggered ‘Resting Bull Market’ in Gold, Silver Could Print Much Higher Gains
At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 per unit. Seven...
Elon Musk Criticizes Federal Reserve’s Data Latency and Calls for Immediate Rate Drop Amidst Banking Chaos
Amidst the chaos in the U.S. banking sector, Elon Musk, the CEO of Tesla and owner of Twitter, has been...
Former Coinbase CTO makes $2M bet on Bitcoin’s performance
Balaji Srinivasan has predicted Bitcoin will reach $1 million within 90 days as a consequence of hyperinflation in the United...
SBF legal fees, BTC market cap flips Meta and USDC climbs back to $1: Hodler’s Digest, March 12-18
Sam Bankman-Fried seeks to use FTX’s corporate insurance, Bitcoin outperforming Wall Street banks in 2023 and USDC repegs after turbulent...
Did regulators intentionally cause a run on banks?
Silicon Valley Bank and Silvergate Bank were crucial to many in the cryptocurrency industry, and it’s fueling theories that regulators...
What are distributed systems, and how do they work?
Get insights into how distributed systems work with this comprehensive overview. What is the future of distributed systems?The future of...
Binance’s response to U.S. Senators lacks financial information: Report
Binance's Patrick Hillman answered a letter from United States Senators requesting information on Binance's operations in the country and its...
FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders
According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion...
Biggest Movers: ETC up 12%, as SOL Nears 1-Month High
Ethereum classic rose by as much as 12% in today’s session, as cryptocurrency markets rallied to start the weekend. The...
Bitcoin, Ethereum Technical Analysis: ETH Moves Above $1,800 as BTC Nears $28,000
Ethereum rose above $1,800 for the first time since August, as markets continued to react to the Fed’s decision to...
Africa-Focused Fintech Chipper Cash Weighs Possible Sale of Business
One of Africa’s fintech giants, Chipper Cash, is said to be weighing the possibility of selling the business or bringing...
