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

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

The Fed's aggressive rate hikes and balance sheet reduction have caused a historic bank failure — fashioning a real-time ad for Bitcoin self-custody, observers said.

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