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Tag: Banking Industry

Speculation Intensifies Over US Banking Sector’s Fate as Fed’s BTFP Closure Looms

March 10, 2024 wp-bot Bitcoin News

This weekend, many are intrigued by the potential outcomes following the cessation of the U.S. Federal Reserve’s Bank Term Funding Program (BTFP), launched amidst the

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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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SEC Probes First Republic Bank Executives for Insider Trading; Lawmakers Dump Bank’s Shares Before Collapse

May 6, 2023 wp-bot Bitcoin News

After the second largest bank failure in history, the U.S. Securities and Exchange Commission (SEC) is reportedly investigating First Republic Bank executives for allegedly engaging

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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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Breaking the Barriers of Traditional Banking With Digital Assets

May 3, 2023 wp-bot Bitcoin News

Another one bites the dust! The banking industry in the United States is in trouble, and regional banks are feeling the squeeze. A number of

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

May 2, 2023 wp-bot Bitcoin News

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

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