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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

First Mover Asia: Bitcoin Recovers From Fed Dip

PLUS: The Madlads hype appears to be over, although it hasn't dragged down the price of Solana. Cryptos return to positive territory.

• 2023-05-04
• interest rates bank failure Chief Strategist Solana

Bitcoin, Ether lose ground; Polkadot leads losers among top 10; U.S. equity futures slip

Bitcoin dipped to US$28,000 in Tuesday morning trading in Asia and then fell through that support line later in the morning. Ether and other top 10 cryptocurrencies also fell.

• 2023-05-02
• stock futures futures index bank failure interest rates NFT Polkadot Trading volume Bitcoin market capitalization

Federal Reserve Says Custodia’s Plans Would Endanger Itself and the Crypto Industry

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• 2023-03-25
• Federal Reserve Board Fed Signature Bank SVB bank failures bank failure Custodia Bank Custodia

Signature Bank Seizure 'Nothing To Do With Crypto,' New York Says

Signature also faced a probe by federal prosecutors, Securities and Exchange Commission, into its anti-money-laundering controls.

• 2023-03-15
• Signature Bank Barney Frank Federal Deposit Insurance Corporation Silvergate Bank Apple Podcasts bank regulation New York Silicon Valley Bank NYDFS bank failure

Silicon Valley Bank Crisis a 'Cyprus Moment' for Bitcoin: Crypto Observers

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• 2023-03-13
• Silicon Valley Bank fractional reserve banking sector SVB bank failure bitcoin depositors Cyprus centralized banking Nik Bhatia