Bitcoin Drops Below $27,000

Bitcoin has mostly been trading below $30,000 since late April, as the ongoing banking crisis and drama over the debt ceiling in the U.S.

• 2023-05-12
• PacWest Bancorp cryptocurrency Bitcoin bitcoin price bank failures

Bitcoin Edges Below $27K as Latest Bank Crisis Fails to Trigger Price Increase

BTC has been trading largely below the psychologically important $30,000 mark since late April, as investors wrestle with recent bank sector debacles and other macroeconomic uncertainties.

• 2023-05-12
• Bitcoin market capitalization bank failures CoinDesk Vineeth Bhuvanagiri

Bitcoin or Gold? Big Investors Think It’s a No-Brainer.

Between March and early May, money managers added heavily to their exposure to gold futures. Interest in Bitcoin has gone the opposite direction.

• 2023-05-07
• gold futures Bitcoin institutional investors Bank failures gold prices

Bitcoin back above $29,000, Ether gains; Matic leads winners on Polygon tools update

Bitcoin and Ether rose in early Thursday morning trading in Asia, with most other top 10 non-stablecoin cryptocurrencies mixed.

• 2023-05-04
• Jerome Powell Federal Reserve bank failures Bitcoin stock futures interest rates market capitalization NFT Polygon network updates

Robert F. Kennedy Jr. Wades Further Into Crypto Following Anti-CBDC Remarks

The Democratic presidential candidate endorsed the view that recent turmoil in the U.S. banking sector was fallout from a "war on crypto."

• 2023-05-03
• Signature Bank Robert F. Kennedy Jr. digital assets Ellen Brown FDIC Federal Deposit Insurance Corporation digital currency Silvergate Bank CBDC bank failures Silicon Valley Bank

Bitcoin gains after week of bank turbulence, Ether dips, U.S. equity futures lose steam

Bitcoin rose on Friday morning in Asia amid worries about U.S. banks and a possible recession. Ether edged lower. along with most other top 10 tokens.

• 2023-04-28
• Bitcoin NFT bank failures

Bitcoin gains as investors diversify amid worries about banking system; U.S. equity futures rise

Bitcoin and the other top 10 non-stablecoin cryptocurrencies rose on Monday morning in Asia, as investors diversify amid the ongoing banking turmoil.

• 2023-03-27
• Federal Reserve Nasdaq Composite Index bank failures Bitcoin

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

The Federal Reserve Board argued that Custodia Bank’s proposed business model was “inconsistent” with approval in an order explaining its denial of the Wyoming-based crypto bank’s application for membership.

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

Bitcoin moves above US$28,000, Ether gains, XRP surges, U.S. equities rally

Bitcoin held above US$28,000 on Wednesday morning in Asia amid a rebound in most top 10 non-stablecoin cryptocurrencies. XRP led the winners.

• 2023-03-22
• XRP Federal Reserve bank failures Janet Yellen Ripple Labs Wednesday morning

Bitcoin treads water, other crypto retreat ahead of U.S. Fed’s decision on interest rates

Bitcoin traded flat below US$28,000 on Tuesday morning in Asia. Most other top cryptocurrencies retreated ahead of a U.S. decision on interest rates.

• 2023-03-21
• Federal Reserve bank failures Polkadot U.S. Solana financial authorities crypto regulations Bitcoin Signature Bank