Collapse

The fate of Binance USD (BUSD), the stablecoin introduced by Binance, hangs in the balance as its market capitalization has seen a massive drop of more than 80% in 2023. From November 2022 to June of this year, BUSD's market capitalization…

The total liquidity of the leading cryptocurrency Bitcoin (BTC) has fallen dramatically by 53.4% ​​from the peak last seen before the collapse of the Bahamas digital asset exchange FTX on October 25 last year. compared to the beginning of…

According to a new report published by blockchain analytics firm Nansen on June 14, most reputable cryptocurrency exchanges have adopted user protection funds amid the FTX crash. Together, exchanges like Binance, OKX, and Bitget have more…

© Reuters. A general view shows the partial collapse of Interstate 95 following a fire under an overpass in Philadelphia, Pennsylvania, US, June 11, 2023. City of Philadelphia Office of Emergency Management/Researched via REUTERS By…

President Joe Biden celebrated a "crisis averted" in his first address to the nation from the Oval Office Friday night, poised to Signing the budget agreement He eliminates the possibility of an unprecedented government deficit that he said…

A dozen poor countries are facing economic instability and even collapse under the weight of hundreds of billions of dollars in foreign loans, much of them from the world’s biggest and most unforgiving government lender, China.An Associated…

© Reuters. FILE PHOTO: A branch of First Republic Bank in New York City, US on April 28, 2023. REUTERS/Shannon Stapleton/File Photo Written by David Randall and Carolina Mandel NEW YORK (Reuters) - Billionaire investor Jim Simmons…

After the second largest banking failure in history, the US Securities and Exchange Commission (SEC) is reportedly investigating First Republic bank executives for allegedly engaging in insider trading. Two sources alleged that the…

Gold, XAU/USD, FOMC, Fed Rise, US Dollar, Crude Oil, WTI, Powell, Yields - Talking Pointsthe gold price It launched north into the open today but has since retreatedthe U.S. dollar Treasury yields fell as markets eyed lower ratesThe…

The recent acquisition of First Republic Bank, the fourth US bank to fail this year, has raised concerns about the potential repercussions of this new failure on the US and international economies. While US President Joe Biden has…