Bitcoin Surges as Bank Client Rescue Eases Contagion Fears, Fuels Hopes for Fed Dovishness; Binance's $1B Conversion Helps, Too
Investment banking giant Goldman Sachs analysts have predicted the U.S. central bank will not raise interest rates at its next FOMC meeting on March 22, according to a report.
Bitcoin Was Built for This Moment
Amid a U.S. banking crisis, value is flowing into bitcoin. Is this the beginning of the “Great Reset?” investor and author Tatiana Koffman asks.
Crypto Fund Outflows Hit Record Weekly Level
The outflows rose for a fifth consecutive week, according to a CoinShares report.
Bitcoin Surges 18% to Above $24K
Some $160 million in short positions have been liquidated on Monday.
MicroStrategy and Marathon Digital Lead Bounce for Crypto-Related Stocks
The government's weekend backstop of depositors at failed lenders Silicon Valley Bank and Signature Bank sent bitcoin above $22,000.
First Mover Americas: Bitcoin Gains as FDIC Steps In for Silicon Valley Bank
The latest price moves in crypto markets in context for March 13, 2023.
Bitcoin, U.S. Stock Futures Erase Early Gains as First Republic Bank Tanks 50% in Premarket Trading
Risk assets pared gains while bond yields tanked as emergency measures announced by U.S. authorities failed to assuage investor fears about banking sector problems.
Silicon Valley Bank Crisis a 'Cyprus Moment' for Bitcoin: Crypto Observers
The Fed's aggressive rate hikes and balance sheet reduction have caused an historic bank failure, fashioning a real-time ad for bitcoin self-custody, observers said.
First Mover Asia: Silicon Valley Bank Failure Highlights Small Banks’ Vulnerability; Bitcoin Soars Past $22.5K
Since September 2021 the growth in cash assets in small bank balance sheets has turned negative.
USDC Volatility Lifts Bitcoin's Coinbase Premium to 3-Year High
While the Coinbase premium is usually taken to represent stronger buying pressure from U.S. investors, that's probably not the case this time.
