This Week In Coins: Bitcoin Unmoved, But PoW Classics Bitcoin Cash and Litecoin Moon

Also, this week’s news surfaced doubts about BlackRock’s Bitcoin spot ETF application.

• 2023-07-02
• Bitcoin Cash central bank digital currency Swiss National Bank cryptocurrency Ethereum Bitcoin

Former Belgian Finance Minister Calls for Crypto Ban in Wake of Banking Crisis

Johan van Overtveldt, economic spokesperson for the right-wing ECR political party in the European Parliament, compared crypto to drugs.

• 2023-03-17
• Johan Van Overtveldt European Parliament Silicon Valley Bank Van Overtveldt finance minister Swiss National Bank

As Credit Suisse and First Republic Get Lifelines, Group Sees Plan to Boot Crypto Out of Banking

The extraordinary steps taken to save a pair of large European and American banks contrast sharply with what the Blockchain Association called a "disturbing trend" of de-banking.

• 2023-03-17
• Credit Suisse Signature Bank bank regulators Silicon Valley Bank Swiss National Bank European Central Bank First Republic Apple Podcasts

SVB Collapse Reveals a Surprise for Bitcoin

The banking crisis caused by the collapse of Silicon Valley Bank continues to worry investors. Since regulators shut down the California bank, which primarily catered to startups and venture capital firms, all eyes have turned to other regional banks. Then there's the crisis across the Atlantic Ocean: Investor mistrust revolves around Credit Suisse, the Swiss bank weakened by a series of scandals over the past three years.

• 2023-03-17
• Credit Suisse Silicon Valley Bank Michael Saylor Swiss National Bank SVB institutional investors bank account regional banks commercial banks venture capital firms Treasury Department

Bitcoin Slides Below $24.5K as European Banking Woes Spook Investors

BTC dropped as low as $23,946 Wednesday midday before pulling back above the $24,000 mark. Equity markets also struggled on the Swiss banking giant news.

• 2023-03-16
• Credit Suisse Saudi National Bank European banking interest rate hikes cryptocurrency market capitalization Swiss National Bank