Bitcoin’s inflation-hedge theory tested as rising interest rates bring turbulence to markets
The losses on US Treasuries recently surpassed $1.5 trillion and the likely outcome is turbulent markets, but how will Bitcoin price fare?
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Crypto Biz: Bidding war for SVB Capital, new crypto funds and Citi’s private blockchain
This week’s Crypto Biz explores SVB Capital bids, new funds from Blockchain Capital, the Hut 8-US Bitcoin merger and Citigroup’s private blockchain.
BTC bull market began in March, more will realize in a year: Arthur Hayes
The BitMEX co-founder says Bitcoin's been on a bull run since the Fed's $25 billion dollar program aimed at stabilizing the U.S. banking system.
Fed, NYDFS assess their supervisory performance after March’s big bank failures
Internal reviews of the supervision of Silicon Valley Bank and Signature Bank have been released, showing weaknesses on the part of the banks’ regulators as well as management.
US Treasury seeks to tighten nonbank rules following banking crisis
Janet Yellen called for further regulation of nonbank institutions, claiming they pose a systemic risk to U.S. financial stability.
Tether ‘unequivocally reiterates’ no exposure to Signature Bank
The stablecoin provider denied the allegations that began to surface in regard to its exposure to the now-collapsed Signature Bank.
Circle prefers reserves and payment rails with the Fed, says exec
Circle’s APAC vice president said the company currently holds 80% of its reserves but would ultimately like to keep all cash with the Fed in light of the recent banking…
Bitcoin price holds its ground in the wake of CFTC case against Binance
BTC options and derivatives markets seem unfazed by the CFTC’s recent action against Binance, but is that a good or a bad sign?
Tim Draper sings a Bitcoin song dedicated to SVB and world governments: PBW 2023
The American venture capital investor Tim Draper took the stage at Paris Blockchain Week 2023 to talk about the decentralization of the future of money.
Rattled crypto industry could emerge stronger after USDC depeg
Did the depegging reveal stablecoins’ limitations, or was it a learning moment?