US Bank Lending Drops by Record $105 Billion in Two Weeks, Trillions Moving to Money Market Accounts, Elon Musk Warns ‘Trend Will Accelerate’

The banking industry in the United States is still struggling after the collapse of three major banks. According to statistics, bank lending in the U.S. has dropped by close to $105 billion in the last two weeks of March, welches ist…

Billionaire Bill Ackman on US Banking Crisis: ‘I Fear We Are Heading for a Train Wreck’

Billionaire Bill Ackman has warned that the U.S. economy isheading for a train wreckif the government allows the current banking crisis to continue. “Trust and confidence are earned over many years, but can be wiped out in a few

USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement

The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 Im März 12, 2023, bei 7:20 Uhr. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would

Crypto Policy: Kenyan Senate Ready to Engage Central Bank

The Kenyan Senate’s Information, Communication and Technology committee has said it is ready to engage the Central Bank of Kenya (CBK) and other stakeholders in shaping the country’s policy towards crypto assets and virtual asset service providers. According to the committee,…

Der CEO von Kraken fordert den Kongress auf, die US-Kryptoindustrie nach einer Einigung mit der SEC über das Stake-Programm zu schützen

Der CEO der Kryptobörse Kraken, Jesse Powell, hat den Kongress aufgefordert, ein Gesetz zum Schutz der USA zu verabschieden. Kryptoindustrie nach der Securities and Exchange Commission (SEK) ging gegen seine Handelsplattform wegen ihres Krypto-Absteckdienstes vor. Krakens…

Krypto-Community fragt: Wo in aller Welt ist Ex-Alameda-CEO Sam Trabucco??

Following FTX co-founder Sam Bankman-Fried’s arrest and the statements from his co-workers Gary Wang and Caroline Ellison, the spotlight has turned on the remaining executives who were part of the team’s inner circle. Another person people are curious about these days

US-Senator: Cryptocurrency Cannot Be Stopped, FTX Collapse Isn’t an Indictment of Crypto

UNS. Senator Pat Toomey says illegal actions by crypto exchange FTX must be separatedfrom perfectly lawful and innovative cryptocurrencies.Emphasizing thatThe collapse of FTX is not an indictment of crypto,” he noted thatcryptocurrency cannot be stopped” und “einschließlich des Erwerbs von Bitcoin oder Bitcoin-Mining-Maschinen.…

Elon Musk Suspects Former FTX CEO Sam Bankman-Fried Donated Over $1 Billion to Support Democrats

Tesla CEO and Twitter chief Elon Musk says that former FTX CEO Sam Bankman-Fried (SBF) probably donated over $1 billion to support the Democratic Party, which would be a much larger sum than the number publicly disclosed. Many people slammed Musk