This Week in Coins: Investors Rehash Bitcoin's 'Safe-Haven' Status as DeSantis Takes Aim at CBDCs

As investors rushed to leading cryptocurrencies like Bitcoin, politicians in the United States took aim at incoming CBDC plans.

• 2023-03-26
• Swiss National Bank Credit Suisse Silicon Valley Bank CBDC Ron DeSantis Ordinals

Ark's Cathie Wood: Bitcoin's Strength Through Bank Crisis Will Attract Institutional Investors

Ark Invest's CEO stands by her prediction that Bitcoin will hit $1 million by 2030; Wood sold off some Coinbase shares on Tuesday as its price jumped.

• 2023-03-22
• Cathie Wood Institutional Investors Ark Silicon Valley Bank Bitcoin price Ark Apple Podcasts Credit Suisse Bitcoin

Bitcoin buoyed as bank busts spook investors

Top blockchain and crypto news: Banking woes boost Bitcoin. Arbitrum counts down to launch. Chinese billionaire faces US crypto scam charges.

• 2023-03-22
• Signature Bank Silicon Valley Bank Guo Wengui investors Silvergate Bank Miles Guo Credit Suisse Bitcoin

Bitcoin, Ether extend losses; all eyes on U.S. interest rates

Bitcoin and Ether fell in Tuesday afternoon trade in Asia after rallying through the past week, while financial authorities injected cash into markets to ease liquidity pressures and took other steps to address concerns over a banking sector crisis in the U.S. and Europe.

• 2023-03-21
• banking sector banking crisis Credit Suisse Bitcoin

Here’s the pro-bitcoin, anti-bank argument advanced by a former Coinbase executive that’s making waves

It's not a new view, but in the wake of the collapse of three U.S. banks and Credit Suisse's rescue, one investor's anti-bank, pro-bitcoin argument is making waves.

• 2023-03-20
• Balaji Srinivasan Silicon Valley Bank argument Credit Suisse SVB Financial bank regulators chief technology officer

Bitcoin Is Rising After UBS-Credit Suisse Deal

Jitters about the banking sector could encourage the Fed to take a less aggressive stance on interest rates, which could boost cryptocurrencies.

• 2023-03-20
• Signature Bank Credit Suisse Bitcoin financial markets Silicon Valley bank

Weekly Market Wrap: Bitcoin rises above US$26,000, as ‘store of value’ narrative strengthens amid bank failures

As the U.S. banking system stared into the pit of bank runs, collapsing shares prices and panic started nibbling at the edges, the authorities acted swiftly to try and pull everything back from the edge. However, Bitcoin seemed unperturbed. Is this what a safe haven looks like?

• 2023-03-17
• Cathie Wood market capitalization Credit Suisse Bitcoin Federal Deposit Insurance Corporation Jamie Douglas Coutts

Bitcoin, Ether rise; relief for investors as major banks get liquidity lifeline

Bitcoin and Ether rallied by the end of Asian trading hours on Friday afternoon, together with all other top 10 non-stablecoin cryptocurrencies by market capitalization.

• 2023-03-17
• First Republic Bank Credit Suisse Bitcoin market capitalization Silvergate Bank Swiss central bank Hong Kong central banks

Bitcoin Holds Steady Above $24.5K as European Banking Crisis Eases

BTC has remained in a range between $24,200 and $25,200 over the past 24 hours. Investors are hoping the Federal Reserve relaxes its recent monetary hawkishness.

• 2023-03-17
• Swiss National Bank Credit Suisse market capitalization European banking crisis CoinDesk interest rate European Central Bank cryptocurrency inflation hedge