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…

Saudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue Partner

China’s relationship with Saudi Arabia is growing as the country’s Cabinet has agreed to join the Shanghai Cooperation Organization (SCO). The diplomatic move made by the kingdom began with a memorandum of understanding in September, and at the end of March,…

Google Trends Data Reveals Searches for ‘Banking Crisis,’ ‘Bank Runs,’ Skyrocket

Interest in the U.S. banking crisis has risen greatly over the past two weeks, as shown by Google Trends data. There has been a sharp increase in queries related to search terms such asbanking crisis,” “Bankenkollaps,” und “bank failure.”…

Citizens Trust Bank zum Halten $65 Millionen an USDC-Reserven, da Circle Bankpartnerschaften ausbaut

Am Freitag, Das Kryptowährungsunternehmen und Stablecoin-Emittent Circle gab bekannt, dass es das Finanzinstitut Citizens Trust Bank halten wird $65 Millionen US-Dollar-Münzbarreserven. Circle sagte, der Schritt sei Teil des Plans des Unternehmens, Aktien davon zuzuteilen…

Experte prognostiziert drohenden wirtschaftlichen Zusammenbruch, da sich die BRICS-Staaten gegen den Dollar verbünden

Andy Schectman, CEO of Miles Franklin Precious Metals Investments, explained in a recent interview that the five leading emerging economies—Brazil, Russland, Indien, China, and South Africa, collectively known as BRICS nations—arecoalescing against the dollar.Schectman believes that since 2022, Entdollarisierung…

Coinbase CEO Urges Congress to Pass Clear Crypto Legislation — Warns America Risks Losing Financial Hub Status

Coinbase CEO Brian Armstrong has called on Congress to pass clear crypto legislation, warning that the U.S. risks losing its status as a financial hub. “Crypto is open to everyone in the world and others are leading,” the executive stressed. Coinbase’s

Die Republikaner im Repräsentantenhaus fordern Antworten von der SEC zur Verhaftung des FTX-Mitbegründers

Am Feb. 10, 2023, Die Republikaner Patrick McHenry aus North Carolina und Bill Huizenga aus Michigan, beide Mitglieder der USA. Repräsentantenhaus, hat einen Brief an die Börsenaufsichtsbehörde (Securities and Exchange Commission) geschickt (SEK) Vorsitzender Gary Gensler sucht nach Antworten zur Verhaftung von…

60 Organizations Launch Campaign Urging US Congress to Protect Privacy

Am Mittwoch, 60 organizations involved in cryptocurrencies, open-source and free software, and human rights and privacy-preserving projects launched a new campaign calling on the 118th U.S. Congress to protect privacy. The groups, including Fight for the Future, Electric Coin Co., und…

US With Highest Number of Closed Bitcoin ATMs in Negative Growth Year

The number of ATMs supporting digital currencies has fallen around the world over the course of a turbulent year for the whole industry. According to a new report, the United States has lost more machines offering crypto teller services than any