The Era Of Crypto: Bitcoin Sets New Record Of Daily Transactions Amid Banking Turmoil

It's been a tumultuous year for the financial sector, as macroeconomic headwinds caused the 16th-largest bank in the U.S. to shut its doors in March. An unforeseen upside is happening as decentralized cryptocurrencies make a stellar comeback after a brutal crypto winter last year. See Next: Gamers Making Thousands Selling Gaming Skins And Assets: Gameflip's Bold Vision For The Future Of Gaming Commerce Despite recessionary risks, people have been investing in riskier alternative assets such as c

• 2023-05-09
• First Republic Bank Bitcoin banking sector banking system Silicon Valley Bank centralized banking bank failure retail investors cryptocurrencies

What JPMorgan’s First Republic takeover means for the crypto industry

Top blockchain and crypto news: JPMorgan swoops as another bank falls. NFT market rivalry heats up. Bitget seeks Hong Kong exchange license.

• 2023-05-04
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Bitcoin Drops Below $28K; JPMorgan Takes Over Embattled First Republic Bank

BTC’s price had dropped from well above $29,000 since Sunday evening. Investors await Wednesday’s FOMC decision.

• 2023-05-02
• First Republic Bank market capitalization CoinDesk Edward Moya banking sector federal regulators

Bitcoin, Ether fall amid renewed banking sector concerns; BNB is sole gainer in top 10 cryptos

Bitcoin and Ether dropped on Monday afternoon in Asia on the first trading day of May, after concerns about the U.S. banking system resurfaced following news of U.S. regulators approving the sale of First Republic Bank’s assets to JPMorgan

• 2023-05-01
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Bitcoin surges 9% toward key level of $30,000 as crypto market rallies amid fresh banking sector fears

"[Investors are] signaling risk-on sentiment, as they anticipate a potential softer Fed policy and liquidity injections surrounding First Republic."

• 2023-04-27
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First Mover Americas: Bitcoin Regains $29K

The latest price moves in bitcoin (BTC) and crypto markets in context for April 26, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

• 2023-04-26
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Bitcoin Rallies to $29K; Cardano Leads Gains Among Crypto Majors

Total market capitalization has risen 4.1% in the past 24 hours on expectations of Fed easing, some investors said.

• 2023-04-26
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Bitcoin Retakes $29,000 Amid First Republic Bank Uncertainty

Bitcoin bounced back after shares in First Republic Bank tumbled, reigniting the cryptocurrency's value proposition as a “safe haven” asset.

• 2023-04-26
• First Republic Bank Signature Bank Bitcoin Silicon Valley Bank Wednesday morning

Bitcoin Regains $28K Amid Mildly Encouraging Tech Earnings, Liquidation of Short Positions

BTC climbed Tuesday afternoon as Google and Microsoft's first-quarter earnings surpassed expectations. Both equities and Treasury yields were down on Tuesday, however.

• 2023-04-26
• First Republic Bank Google Microsoft market capitalization CoinDesk Bitcoin Tuesday morning

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
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