Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40% – Finance Bitcoin News
The price of the crypto-focused bank Silvergate Capital’s shares fell by over 40% after it reported a more than $8...
Finance
Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says – Finance Bitcoin News
Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central...
Bank of Russia to Test International Crypto Payments With Companies – Finance Bitcoin News
The Central Bank of Russia plans to use cryptocurrency for cross-border payments in trials with private companies, a member of...
Blackrock Warns of Unprecedented Recession for 2023, Bull Markets Not Returning – Finance Bitcoin News
Blackrock, one of the largest asset management companies in the world, has warned that 2023 will be a year of...
Russia’s Largest Digital Asset Deal Denominated in Chinese Yuan – Finance Bitcoin News
A Russian company has announced the country’s first authorized transaction with digital financial assets (DFAs) involving a foreign currency, China’s...
Russia’s Sber Bank Aims for Blockchain Integration With Ethereum and Metamask – Finance Bitcoin News
Banking giant Sber wants to integrate its blockchain platform with the Ethereum blockchain and the Metamask wallet. The Russian bank...
Putin Calls for International Settlements Based on Blockchain and Digital Currencies – Finance Bitcoin News
Russian President Vladimir Putin believes a new system for international money transfers is needed to reduce dependence on big banks...
UK Bank Starling Blocks Payments to Crypto Platforms — Claims Crypto Is High Risk, Heavily Used for Criminal Purposes – Finance Bitcoin News
Starling Bank has informed its customers that the bank no longer supports fund transfers to cryptocurrency platforms, including crypto exchanges....
Binance Launches Billion-Dollar Crypto Industry Recovery Fund to Restore Confidence After FTX Meltdown – Finance Bitcoin News
Binance has committed $1 billion to a crypto industry recovery initiative to restore confidence following the collapse of crypto exchange...
Binance Forming Crypto Industry Recovery Fund to ‘Reduce Further Cascading Negative Effects of FTX’ – Bitcoin News
Cryptocurrency exchange Binance is forming an industry recovery fund to “reduce further cascading negative effects of FTX,” said CEO Changpeng...
Bitcoin’s Rising Correlation With Gold Indicates Investors See It as a Safe-Haven, Says Bank of America Market Strategists – Finance Bitcoin News
Amid the economic uncertainty affecting a myriad of countries worldwide, Bank of America Securities market strategists explained in a note...
Bank Buys Bitcoin in Kazakhstan, Country to Develop Crypto Exchange – Finance Bitcoin News
A financial institution and a coin trading platform in Kazakhstan have teamed up to carry out what they say is...
Web3 and Crypto Checking Account Startup Juno Raises $18M, Airdrops Reward Token JCOIN – Finance Bitcoin News
Juno, the Singapore-based Web3 crypto firm that offers customers checking accounts tied to crypto assets, has raised $18 million in...
CME Group to Face off With FTX After Filing for Futures Commission Merchant Status – Finance Bitcoin News
According to a recent report, the world’s largest derivatives exchange CME Group is looking to register as a direct futures...
Mastercard to Help Banks Offer Crypto Trading — Executive Says Crypto Is on the ‘Cusp of Really Going Mainstream’ – Finance Bitcoin News
Payments giant Mastercard has introduced a new program called Crypto Source to enable financial institutions to offer crypto trading and...
Fidelity Launches Ethereum Index Fund — Sees Client ‘Demand for Exposure to Digital Assets Beyond BTC’ – Finance Bitcoin News
A filing with the U.S. Securities and Exchange Commission has shown that Fidelity looks to launch an investment product known...
Visa Partners With 60 Crypto Platforms to Let Consumers Spend Digital Currency at 80 Million Merchants – Finance Bitcoin News
Visa’s head of crypto has revealed that the payments giant has partnered with about 60 leading crypto platforms “to launch...
