banks

  • What does Bitcoin lending mean (banks lend to buy Bitcoin)?

    What does Bitcoin lending mean? Bitcoin lending means borrowing with cryptocur

    08/18/2023
    116
  • What is OM Coin (oma coin)?

    What is OM Coin? OM Coin is a decentralized protocol that solves the problem of

    08/09/2023
    133
  • Economic Growth in the US Stagnates: A Look into the Federal Reserve’s Beige Book Report

    According to reports, the Federal Reserve stated in its Beige Book that in recent weeks, US economic growth has stagnated, recruitment and inflation have slowed down, and credit ch

    04/20/2023
    137
  • The Rise of Cryptocurrencies in the Banking Sector

    According to reports, the Federal Deposit Insurance Corporation (FDIC) of the United States states that 136 insured banks are currently engaged or planning to engage in activities

    04/17/2023
    124
  • Cryptocurrency Paves the Way for Greater Funds Transfer in Hong Kong

    On April 12th, CZ announced on social media that after Hong Kong banks start supporting cryptocurrencies, we will see more funds transferred there. USDT alone has a market value of

    04/12/2023
    130
  • The Controversy Over Banks Restricting Cryptocurrency Use

    According to reports, Diana Baker Taylor, the European policy leader of Circle, stated that it is \”very, very wrong\” for banks to restrict customers from using cryptocurrency. The

    04/04/2023
    121
  • How Smart Saving Strategies Can Help You Treat Your Bank Account Like a Venture Capital

    According to reports, Balaji Srinivasan, a former CTO of Coinbase, wrote on social media that people at the International Monetary Fund believe that people should be \”smart\” as sav

    04/01/2023
    115
  • #US Authorities Consider Extending Emergency Credit Line to Banks: First Republic Bank in the Spotlight

    According to reports, according to people familiar with the matter, the US authorities are considering extending the emergency credit line to banks, providing a time buffer for Fir

    03/26/2023
    114
  • Zhao Changpeng: Banks continue to fall into a bankruptcy cycle, making it difficult for new banks to be allowed to participate in market competition

    According to reports, Zhao Changpeng, CEO of Coin An, tweeted that every ten years or so, a group of banks will fail. “We bailed them out, and then they fell into a bankruptcy cycle again, and the cost of each failure was higher.”. At the same time, it is very difficult for new banks to be allowed to participate in market competition. New banks are also required to operate in exactly the same manner as bankrupt banks. This does not meet the definition of a free market. A user suggested…

    03/21/2023
    149
  • 186 banks were found to have similar risks to those of Silicon Valley banks

    According to reports, a recent study by economists identified 186 banks at risk. These banks face similar problems to those that led to the collapse of banks in Silicon Valley. In the process of the Federal Reserve’s rapid interest rate hike, economists evaluated individual banks in the United States. They assessed asset books and market value losses. The value of assets such as Treasury bills and mortgages may decline. This happens when new bonds offer higher interest rates. Their findings indicate potential problems. If half of these uninsured depositors were…

    03/18/2023
    133
  • Digital asset companies begin to transfer cash to asset management companies such as Fidelity

    It is reported that, according to Bloomberg, after the recent collapse of several cryptocurrency friendly American banks, more and more companies in the digital asset industry are contacting asset management companies such as Fidelity Investment to invest their cash in U.S. treasury bond bonds and other products. Interpretation of this information: The recent collapse of cryptocurrency-friendly American banks has caused a stir, pushing more and more companies in the digital asset industry to contact asset management companies for investment opportunities. Bloomberg reports that firms such as Fidelity Investment have been…

    03/15/2023
    228
  • Bloomberg: FDIC’s auction of Silicon Valley banks is in progress

    According to reports, according to people familiar with the matter, the Federal Deposit Insurance Corporation (FDIC) of the United States launched the auction process for Silicon Valley banks on Saturday night local time, and the final offer will be closed on Sunday afternoon. According to a person who did not want to be named, the goal of FDIC is to reach an agreement quickly, but the final winner may not be known until late Sunday. The person familiar with the matter said that the relevant parties have not made a…

    03/13/2023
    176
  • Founder of Pershing Plaza Capital: Despite the intervention of the Federal Reserve, more banks may fail

    According to reports, Akman, founder of Pershing Plaza Capital, said that although the Federal Reserve intervened, more banks might fail. Interpretation of this information: The founder of Pershing Plaza Capital, Akman, recently commented that despite the Federal Reserve’s interventions, more banks may still fail. This statement raises several questions about the current state of the banking industry and the impact of government interventions. The US Federal Reserve has implemented various measures to support banks and ensure liquidity in the market. For instance, the Fed has lowered interest rates to near-zero…

    03/13/2023
    118
  • CZ: Bank’s risk to stable currency supported by legal currency

    On March 12, CZ, the founder of Binance, said on the social platform that the bank is a risk for the stable currency supported by the legal currency. In response to netizens’ comments that we need crypto support, we replied that Do Kwon was actually right, but failed miserably in implementation. Interpretation of this information: The founder of Binance, CZ, recently shared his thoughts on the stability of cryptocurrencies in relation to the banks. He expressed his opinion that the banks pose a risk to the stable currency that is…

    03/12/2023
    154
  • Yellen: The Ministry of Finance is monitoring several banks

    According to reports, US Treasury Secretary Yellen said that the Ministry of Finance was monitoring several banks due to the bank incident in Silicon Valley. Interpretation of this information: The news that the US Treasury Secretary Yellen is monitoring several banks due to an incident in Silicon Valley has raised questions about what exactly has occurred and what implications it could have. The incident being referred to is likely the news that a number of banks in Silicon Valley, including both large and small institutions, have been experiencing a surge…

    03/10/2023
    173
  • Bernstein: Financial service innovation will be transferred to the new financial application field of the Ethereum ecosystem

    According to reports, a report from Bernstein on Friday showed that there would be no bank in the future of finance. Banks will still exist, but act as “custodians of old wealth” in the background. Analysts Gautam Chhugani and Manas Agrawal said that “new wealth creation and financial service innovation will be transferred to new financial applications on the Ethereum ecosystem”. Interpretation of this information: The recent report from Bernstein highlights the prediction that banks will have a different role in the future of finance. The report suggests that while…

    03/10/2023
    116