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Tag: bank failures

Wealthy Investors and Family Offices Embrace BTC Following Bank Failures, Says Swan Bitcoin Executive

June 2, 2023 wp-bot Bitcoin News

According to Steven Lubka, the head of private clients and family offices, as well as the managing director at Swan Bitcoin, wealthy investors and private

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Bitcoin Provides Insurance Against Fiat Currency Failure, Says Validus Power Corp.’s Greg Foss

May 7, 2023 wp-bot Bitcoin News

On May 4, in a recent Youtube video, Validus Power Corp.’s executive director, Greg Foss, discussed the potential for the banking industry’s failures to wipe

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Billionaire Bill Ackman on US Banking Crisis: We Are Running Out of Time to Fix This Problem

May 7, 2023 wp-bot Bitcoin News

Billionaire Bill Ackman has warned that “We are running out of time” to fix the problem that led to the collapses of regional banks. “How

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Fed Reveals 722 Banks Reported Unrealized Losses Over 50% of Capital as Concerns Over US Banking Crisis Grow

May 6, 2023 wp-bot Bitcoin News

The U.S. Federal Reserve has revealed that 722 banks reported unrealized losses exceeding 50% of their capital at the end of the third quarter of

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US Banking Crisis Looms as ‘Credit Tightening’ Mentions Reach Record Highs on Company Calls

May 5, 2023 wp-bot Bitcoin News

Recent data reveals that while the banking industry in the U.S. is facing significant challenges, executives are mentioning “credit tightening” more frequently in earnings calls

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

May 4, 2023 wp-bot Bitcoin News

2023 has been a rollercoaster ride for the U.S. banking industry. The collapse of three major banks has sent shockwaves through the financial world, with

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