Banking Crisis And Crypto Boom: The Next Black Swan Event

The unfolding of the banking crisis since March has exposed the weakness of the global financial sector, driving a massive influx of investment toward decentralized finance (DeFi) assets and cryptocurrencies. See Next: Gamers Making Thousands Selling Gaming Skins And Assets: Gameflip’s Bold Vision For The Future Of Gaming Commerce But as central banks around the world plan to reverse the aggressively hawkish monetary stance to ease liquidity fears, the popularity of alternative assets could skyr

• 2023-05-11
• Bitcoin decentralized finance black swan event banking crisis alternative assets Warren Buffett financial institutions The unfolding retail investors Coinbase Global Inc.

Bitcoin's Dominance Rate Surges After U.S. Banking Crisis

Bitcoin's outperformance during the banking crisis indicates the cryptocurrency is the anti-dollar liquid play for investors, one portfolio manager said.

• 2023-05-04
• market dominance Silicon Valley Bank Bitcoin banking crisis banking sector Signature Bank cryptocurrency Silvergate Bank Manager Lewis Harland outperformance

Bitcoin Rises as Latest Teetering U.S. Bank Sends Traders to Crypto Haven

The California-based regional lender is weighing strategic options, according to Bloomberg.

• 2023-05-04
• PacWest Bancorp First Republic Bank JPMorgan banking system banking crisis

The Zacks Analyst Blog Highlights iPatha.B Sugar Subindex TR ETN, Sprott Junior Uranium Miners ETF, Bitwise Bitcoin Strategy Optimum Roll ETF, Advisorshares Pure US Cannabis ETF and KrraneShares Global Carbon Offset Strategy ETF

iPatha.B Sugar Subindex TR ETN, Sprott Junior Uranium Miners ETF, Bitwise Bitcoin Strategy Optimum Roll ETF, Advisorshares Pure US Cannabis ETF and KrraneShares Global Carbon Offset Strategy ETF are included in this Analyst Blog.

• 2023-05-02
• Uranium Miners Zacks Investment Research Bitwise Bitcoin Strategy banking crisis Wall Street Journal First Republic Bank Sugar futures S&P 500 PNC Financial Services Group tech-heavy Nasdaq

‘Crypto is dead in America’ thanks to regulators, says investor Chamath Palihapitiya, who once thought Bitcoin could hit $200,000

“The United States authorities have firmly pointed their guns at crypto,” the investor said in a podcast episode released Saturday.

• 2023-04-25
• Chamath Palihapitiya Bitcoin Gary Gensler crypto Venture investor digital assets banking crisis

Bitcoin rise, most top 10 cryptos drop, amid mixed signals on state of banking sector

Bitcoin rose while Ether and most of the other top 10 non-stablecoin cryptocurrencies fell during afternoon trading in Asia on Monday.

• 2023-03-27
• Silicon Valley Bank First Citizens BancShares banking crisis International Monetary Fund Asian equities

Bitcoin Was a Winner During the U.S. Banking Crisis, but Illiquidity Prevents It From Being a USD Hedge

While capital flowed into bitcoin amid a period of uncertainty, the cryptocurrency’s fractured liquidity arguably played the largest role in its surge.

• 2023-03-25
• market makers banking crisis confidence crisis illiquidity

Crypto Pundits Romance the Hyperinflation and Dollar Death Narrative. Is It a Real Scare?

Coinbase's former CTO, among others, has predicted that bitcoin will reach $1 million as the dollar fades, but these doomsayers are ignoring other historical precedents.

• 2023-03-25
• Balaji Srinivasan banking crisis asset purchases Federal Reserve hyperinflation banking sector

Cathie Wood Spells Out Why Crypto is Gaining During Bank Crisis

Ark Invest's Cathie Wood has been saying all along that certain characteristics of cryptocurrency make it a good bet for the future. In a series of tweets she wrote the evening of March 22, she details her views on some specifics of the ongoing situation and the virtues of crypto. "Ironically, as crypto assets soared during the Silicon Valley Bank meltdown, this administration suggested that investors in regional banks -- equity and bond holders -- should prepare to be 'wiped out' in the after

• 2023-03-24
• Silicon Valley Bank Cathie Wood SVB banking crisis regional banks cryptocurrency

Bitcoin Booms in Wake of Bank Crisis

Bitcoin was all but left for dead after the implosion of crypto exchange FTX, but its recent rally is proving naysayers wrong. The world’s largest cryptocurrency has risen 21% so far this month on the back of the banking crisis, bringing bitcoin’s rally to almost 70% so far this year. Bitcoin traded above $28,000 on Sunday for the first time since June.

• 2023-03-22
• banking system banking crisis investors