By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data From alternative banks to on-chain banking, crypto banking still has plenty of options, experts say.Publish at: March 13, 2023 at 11:09PM
Banking Crisis Won’t Kill Crypto-Banking Despite Short-Term Pain
Bitcoin Spike to $24.5K Stemmed From Regulators’ Bank Interventions, Binance Stablecoin Conversion, Investor Hopes for Fed Dovishness
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Investment banking giant Goldman Sachs analysts have predicted that the U.S. central bank will not raise interest rates at its next FOMC meeting on March 22, according to a report.Publish at: March 13, 2023 at 11:03PM
CNBC Daily Open: The bank rout continues. The Fed might still raise rates anyway
Bank stocks had a very rough Monday in the aftermath of Silicon Valley Bank’s implosion. The 2-year Treasury yield plummeted. Story Published at: March 13, 2023 at 11:27PM
Consumer inflation may have cooled in February but only slightly
Consumer inflation may have cooled off a little in February, but economists expect it is still running at a high pace.Story Published at: March 13, 2023 at 10:32PM
Regulators may still try to find a buyer for Silicon Valley Bank, source says
There’s still an opportunity to sell Silicon Valley Bank according to the official, saying that’s not off the table. Story Published at: March 13, 2023 at 08:57PM
Investors rush into bonds, gold in flight to safety after SVB rescue
Investors flocked to safe-haven assets amid an emergency plan to backstop the banking system and limit the impact from the collapse of Silicon Valley Bank.Story Published at: March 13, 2023 at 03:00PM
March Madness: A guide to the US college basketball tournament
Annual tournament happens each March, drawing millions of viewers who fill out brackets to predict next NCAA champions.Story Published at: March 13, 2023 at 11:03PM
CFTC Names Executives From Circle, TRM, Fireblocks Among Others to New Tech Advisory Group
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The Commodity Futures Trading Commission announced former White House official Carole House and TRM Labs’ Ari Redboard as the new chair and vice chair of its Technology Advisory Committee.Publish at: March 13, 2023 at 10:21PM
Justice Department Investigating TerraUSD Stablecoin Collapse: Reports
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The investigations follow the filing of the SEC’s civil fraud lawsuit against Terraform Labs and Do Kwon last month.Publish at: March 13, 2023 at 10:18PM
Meta Will End Support for NFTs on Instagram, Facebook
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Meta’s Stephane Kasriel said on Twitter the decision is prompted by a desire “to focus on other ways to support creators, people, and businesses.”Publish at: March 13, 2023 at 10:04PM