Yellen Says US Could Back All Deposits at Smaller Banks if Needed to Prevent Contagion

A NOSOTROS. Treasury Secretary Janet Yellen says the federal government could guarantee all deposits of smaller banks if theysuffer deposit runs that pose the risk of contagion.The government recently protected all deposits of Silicon Valley Bank and Signature Bank after

FL Gov. DeSantis Proposes Ban on Central Bank Digital Currency Use as Money

Governor Ron DeSantis of the U.S. state of Florida has proposed legislation to prohibit the use of central bank digital currency (CBDC) as money in his state. “The Biden administrations efforts to inject a centralized bank digital currency is about surveillance

Las acciones de First Republic Bank rebajadas a estado basura por S&P Global; Las acciones se deslizan más que 25% Más bajo

Después de que la UBS adquiriera Credit Suisse y cerca de una docena de instituciones financieras inyectaran $30 mil millones en el First Republic Bank hace cuatro días, S&P Global rebajó la calificación de las acciones de First Republic al estado basura el domingo. A los inversores les preocupa que la inyección de efectivo procedente de…

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,” “bank collapse,” y “bank failure.”…

Mike Novogratz Warns of Credit Crunch in US and Globally — Expects Fed to Cut Rates ‘Sooner Than We Think’

Galaxy Digital CEO Mike Novogratz has warned of a credit crunch in the U.S. and globally. Emphasizing thatwe are heading into a recession,” he expects the Federal Reserve to cut interest ratessooner than we think.Novogratz on Global Credit

Analysts Suspect Banking Crisis Triggered ‘Resting Bull Market’ in Gold, Silver Could Print Much Higher Gains

At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 por unidad. Seven days later, gold rose 9.65% contra los estados unidos. dollar to the current spot price of $1,988 per ounce. Golds rise comes

Bitcoin, Análisis técnico de Ethereum: ETH Moves Above $1,800 as BTC Nears $28,000

Ethereum rose above $1,800 for the first time since August, as markets continued to react to the Feds decision to inject $300 billion into the economy. This comes following the recent banking crisis, which saw the likes of Silicon Valley Bank

‘Next Round of Bailouts Is Here’ — Bitcoin and Precious Metals Soar Amid Speculation of Fed Policy Change

At around 7:30 soy. hora del Este, the price of bitcoin skyrocketed past the $27,000 range to a high of $27,025 por unidad. Precious metals, or PMs, like gold and silver, also rose between 1.98% y 2.12% contra los estados unidos. dollar over the

Bitcoin, Análisis técnico de Ethereum: BTC Hits $27,000, Securing Fresh 9-Month High

Bitcoin moved to a fresh nine-month high on Friday, as prices moved above the $27,000 level. The surge comes following the U.S. Reserva Federal’s decision to backstop embattled banks to a record tune of $152.9 mil millones. Ethereum was also in the

Michael Burry Compares Current Banking Turmoil to Panic of 1907 — Highlights Markets Bottoming

Michael Burry, a hedge fund manager renowned for predicting the 2008 financial crisis, has drawn parallels between the current banking turmoil and the Panic of 1907. He noted that three weeks after J.P. Morgan made a stand, the panic was resolved