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Tag Archives: banking crisis

Charles Hoskinson on How the Banking Crisis Will Affect Crypto

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up In the long run, the banking crisis that we’re presently seeing has helped assets like bitcoin and Ethereum really step into the limelight and do much better than they did in 2022. However, Charles Hoskinson – the co-founder of Ethereum and the creator of ETH rival Cardano – recently stated that he thinks the...

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First Republic Bank is Gone; What Will Happen to BTC?

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin endured a small dip in early May after it was revealed the drama surrounding First Republic Bank reached a new peak. Right now, the sentiment is that the bank could be the final monetary institution that crashes and burns following a long streak of banks that did the same. The streak includes names like...

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Analysts: The Banking Crisis Proved the Points of Many BTC Fans

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The banking crisis in America and Europe – which appears to be drawing back somewhat at the time of writing – truly vindicated several BTC and Ethereum believers according to many analysts in the industry. BTC Fanatics Have Been Proven Right The banking crisis saw at least three separate institutions in the...

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US Officials in Urgent Talks to Rescue First Republic Bank

In case of a scenario where the First Republic Bank fails, the FDIC will likely want to avoid systemic risk and offer insurance to all the bank’s depositors, even those not covered by insurance. The banking crisis unfolds further, with the US officials trying to coordinate with the private sector to reach an agreement on the future of First Republic Bank (NYSE: FRC) which is under scrutiny as a result of a loss of almost $72 billion in deposits within three months. Currently,...

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