This Crisis Will Define the Future of Money

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The recent collapse of three high-profile banks – Silicon Valley Bank, Silvergate Bank and Signature Bank – has caused worrying outflows at hundreds of regional banks. Now, with the U.S. Federal Reserve creating a new backstop facility reportedly worth $2 trillion and Switzerland’s central bank bailing out Credit […]

Coinbase Is Weighing Setting Up Non-U.S. Trading Platform: Bloomberg

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data U.S.-based crypto exchange Coinbase is considering setting up a crypto-trading platform overseas and is discussing the move with institutional clients, Bloomberg reported, citing people familiar with the plans.Publish at: March 17, 2023 at 04:28PM

Bitcoin Is a Clear Winner of the U.S. Banking Crisis

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The narratives around bank failures, stablecoins and interest rate hikes seem strong enough to propel the price of bitcoin, says CoinDesk’s George Kaloudis.Publish at: March 17, 2023 at 03:26PM