Startups can hedge bank risk with Bitcoin — Tim Draper
The fall of Silicon Valley Bank prompted Venture Capitalist Tim Draper to tell the firms he’d invested in to buy Bitcoin. Go to Source
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Bitcoin’s funding rate flattens, but should BTC bulls rejoice and buy the dips?
Bitcoin bulls tend to celebrate when BTC’s funding rate is negative, but is it really a “generational buying opportunity?” Go to Source
Bitcoin’s inflation-hedge theory tested as rising interest rates bring turbulence to markets
The losses on US Treasuries recently surpassed $1.5 trillion and the likely outcome is turbulent markets, but how will Bitcoin price fare? Go to Source
Crypto Biz: Bidding war for SVB Capital, new crypto funds and Citi’s private blockchain
This week’s Crypto Biz explores SVB Capital bids, new funds from Blockchain Capital, the Hut 8-US Bitcoin merger and Citigroup’s private blockchain. Go to Source
BTC bull market began in March, more will realize in a year: Arthur Hayes
The BitMEX co-founder says Bitcoin’s been on a bull run since the Fed’s $25 billion dollar program aimed at stabilizing the U.S. banking system. Go to Source
Fed, NYDFS assess their supervisory performance after March’s big bank failures
Internal reviews of the supervision of Silicon Valley Bank and Signature Bank have been released, showing weaknesses on the part of the banks’ regulators as well as management. Go to Source Powered by WPeMatico
NFT markets are out of balance, with sellers dominating: Data
In April there hasn’t been a single day where total sellers on the market haven’t exceeded total buyers. Go to Source Powered by WPeMatico
US Treasury seeks to tighten nonbank rules following banking crisis
Janet Yellen called for further regulation of nonbank institutions claiming they pose a systemic risk to U.S. financial stability. Go to Source Powered by WPeMatico
Tether ‘unequivocally reiterates’ no exposure to Signature Bank
The stablecoin provider denied the allegations that began to surface in regard to its exposure to the now-collapsed Signature Bank. Go to Source Powered by WPeMatico
Former Treasury Official Issues Dire Warning, Bill Ackman Fears Economic ‘Train Wreck,’ US Gov. Remains Top BTC Holder, and More — Week in Review
Warnings continue to pervade market and financial news this week, with Monica Crowley, former assistant secretary for public affairs for the U.S. Department of the Treasury, indicating “catastrophic” consequences if the U.S. dollar loses its status as the world’s reserve currency. In related news, billionaire Bill Ackman warned that the U.S. economy is “heading for … Read more
