Posts from Bitcoin Warrior
UBS to buy Credit Suisse Swiss investment bank UBS announced on the 19th that it had agreed to acquire Credit Suisse for approximately ¥420 billion (approximately $3.23 billion). The acquisition will take the form of a stock exchange and is planned to be completed by the end of 2023. As of March 17, the market […]
Who would have thought that the US government would bail out stablecoins? By sheer coincidence, the U.S. Treasury Department, Federal Reserve Board (FRB), and Federal Deposit Insurance Corporation (FDIC) have announced plans to fully protect the deposits of two failed banks, resulting in the stablecoin USD Coin ( It also promised to protect at least […]
For the first time in nearly two years, cryptocurrency options traders see Bitcoin (BTC), the largest cryptocurrency, in second place with more volatility than the native token of the Ethereum blockchain, Ethereum (ETH). I’m watching it grow. This is unusual as Ethereum and related coins generally tend to be more volatile than Bitcoin and reflects […]
Retail banking (banking for individuals and small businesses) is extremely strong. You don’t have to read difficult reports or gory anecdotes to understand that. Just imagine all your bank accounts frozen. Credit cards will no longer work. how are you going to live? Hopefully you’re hiding money under your bed. May you live near a […]
Published by ValueWalk Our round-up shows exchange-traded funds from issuer Direxion currently dominate Fintel’s Fund Sentiment Leaderboard Exchange-traded funds from issuer Direxion currently dominate the Fintel Fund Sentiment Leaderboard as hedge fund managers and institutions see equities markets in unchartered waters amid banking industry uncertainty and central bank efforts to cool inflation. Q4 2022 hedge […]
Published by ValueWalk S&P 500 didn‘t maintain premarket momentum as fresh banking doubts resurfaced, pulling down cyclicals. It wasn‘t though a full-blown panic as (tech) megacaps, semiconductors and communications were benefiting alongside long-dated Treasuries. 2y yield is though clear on what it expects from the Fed – no more serious tightening (fuelling PMs). That would […]
MEP and former Belgian Finance Minister Johan Van Overtveldt called for a ban on cryptocurrencies in a tweet on March 17, following the turmoil in the banking sector. . The economic spokesman for a group of 64 EU parliamentarians made the comments as the European Parliament prepares to vote on a ground-breaking crypto licensing scheme […]
Published by City AM By Darren Parkin Data from CryptoCompare shows that the price of Bitcoin surged from around $22,000 at the beginning of last week to now change hands above the $28,000, with the cryptocurrency market having outperformed other assets over the last few days. Ethereum’s Ether, the second-largest cryptocurrency by market cap, moved […]
Published by Reuters UK (Reuters) – Banking stocks and bonds plummeted on Monday as the hit to investors from UBS Group’s state-backed takeover of Credit Suisse fanned concerns about the health of the global banking sector. UBS agreed to buy rival bank Credit Suisse on Sunday for 3 billion Swiss francs ($3.23 billion) and assume […]
Published by Barchart June S&P 500 futures (ESM23) are down -0.05%, and June Nasdaq 100 E-Mini futures (NQM23) are down -0.10% this morning after three major U.S. benchmark indices closed in the red on Friday as ongoing concerns about the banking sector continued to weigh on market sentiment, with investors looking ahead to the Federal […]