Search Results for: plummet

US Banking Industry in Turmoil: A Comprehensive Look at the ‘Great Consolidation’ and Largest Bank Failures of 2023

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2023 has been a rollercoaster ride for the U.S. l'industrie banquaire. The collapse of three major banks has sent shockwaves through the financial world, with their combined assets surpassing the top 25 banks that crumbled in 2008. The following is a…

Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry

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Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes are in decline as…

Satoshi’s Last Emails: ‘Make It About the Open-Source Project,’ Economist Predicts ‘Catastrophic’ Fall in US Living Standard, FRC Shares Plummet, and More — Week in Review

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Another week has passed in the world of crypto and finance, with the anniversary of Bitcoin creator Satoshi Nakamoto’s last known emails, predictions of massive declines in Americans’ standard of living, and important developments at the struggling First Republic Bank. Tous…

Turbulences extrêmes du marché: Les critiques qualifient le Silvergate de Warren de « terriblement mal informé »," SVB s'effondre, La vente de jetons de Vitalik fait bouger les marchés, and More — Week in Review

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It’s been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its liquidation, NOUS. Senator Elizabeth Warren blaming the event on “crypto risk,” and individuals on social media pointing out that Warren is “terribly misinformed.” En outre, NOUS. Régulateurs…

Les flux et reflux de l’économie stable se poursuivent avec la capitalisation boursière du BUSD tombant en dessous $10 Gamme en milliards

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The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Over the last 30 jours, BUSD’s token…

Analyse en chaîne: Les revenus de l'arnaque cryptographique ont chuté 46% dans 2022

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Revenue from cryptocurrency scams dropped 46% dans 2022, according to blockchain data analytics firm Chainalysis. “We attribute most of this decline to market conditions, as scam performance tends to worsen when cryptocurrency prices are in decline,” the firm explained. ‘Crypto Scam…

Indian Government Introduces New Crypto Tax Penalties

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The Indian government has introduced new crypto tax penalties, including for non-payment of crypto tax deducted at source (TDS). Much to the disappointment of the crypto community, Finance Minister Nirmala Sitharaman did not mention crypto in her Budget speech this year….

Le peso argentin franchit un niveau historiquement bas alors que les Argentins couvrent leurs économies en dollars

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The U.S dollar-Argentine peso exchange rate escalated during December, with the Argentine fiat currency reaching new historic lows as citizens ran to exchange their holiday payments for dollars. Les Etats Unis. dollar reached a value of 356 pesos on December 28, perdant…

Pauses TTF $1 Prise en charge pour la première fois depuis l'effondrement de FTX, Les jetons luttent contre la diminution du volume des échanges

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Malgré l’effondrement de FTX le mois dernier, le jeton cryptographique de la plateforme de trading FTT avait réussi à ne pas chuter jusqu'à zéro, et étonnamment, il planait en dessous du $2 par unité de région après novembre. 12, 2022. Pour 38 jours où la TTF est restée…

Bitcoin, Protocole de prêt décentralisé Adalend Listing On: BTC Heads Lower on Saturday, as FTX Saga Continues

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In a week of turbulence, cryptocurrencies maintain this sentiment into the weekend, with both bitcoin and ethereum moving lower. Bitcoin once again slipped below $17,000 Samedi, as it was reported that a hack on FTX had taken place. Ethereum also…