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Tag: Financial Markets

Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve Banking

March 12, 2023 wp-bot Bitcoin News

After the failure of Silicon Valley Bank (SVB), a great deal of Americans are starting to realize the dangers of fractional-reserve banking. Reports show that

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Blockchain.com Shutters Asset Management Subsidiary Amid Crypto Winter and Industry Turmoil

March 11, 2023 wp-bot Bitcoin News, Blockchain

According to reports and a filing that shows its name struck off the U.K. companies’ register list, Blockchain.com is sunsetting its Blockchain.com Asset Management subsidiary.

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Mawson Infrastructure Group Launches Bitcoin Mining Operation in Pennsylvania, Exits Australia

February 27, 2023 wp-bot Bitcoin News, Blockchain

The bitcoin mining operation, Mawson Infrastructure Group, Inc., announced that the firm has broken ground at a new site in Sharon, Pennsylvania. Reports detail that

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Market Strategist Michael Wilkerson Believes US Inflation Could Rise to 12% by Year-End Despite Predictions of Decrease

February 26, 2023 wp-bot Bitcoin News

While several market strategists and analysts expect U.S. inflation to drop considerably in 2023 compared with last year, Michael Wilkerson, founder of Stormwall Advisors, thinks

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Former FTX Executive Accused of Fueling a Charity Through Discounted FTT Purchase

February 15, 2023 wp-bot Bitcoin News

A former executive of FTX allegedly earned profits for a charity by purchasing discounted FTX tokens, FTT, before they became available to the public at

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US Inflation Remains Higher Than Expected, Raising Concerns Among Investors

February 14, 2023 wp-bot Bitcoin News

U.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains higher than expected, causing concern among investors that the U.S.

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Blockchain
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