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

Speculation Intensifies Over US Banking Sector’s Fate as Fed’s BTFP Closure LoomsThis 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 significant banking collapses in March 2023. Some argue that the banking turmoil is far from over, suggesting it has merely been postponed, with institutions like New York Community Bancorp (NYCB) […]

Solana Co-Founder Says Cosmos and One SOL Rival Are Clear Winners in Building Sovereign Blockchains

New York Bank Reportedly in Crisis Mode – Stock Frozen After 40% Nosedive As Lender Tries to Raise Cash

New York Bank Reportedly in Crisis Mode – Stock Frozen After 40% Nosedive As Lender Tries to Raise Cash

A New York bank with $113.9 billion in assets is reportedly in trying to raise cash as its stock nosedives 40% in a matter of hours. New York Community Bank’s (NYCB) stock fell so far so fast that trading was halted “pending imminent news,” according to multiple reports. The Wall Street Journal says the bank […]

The post New York Bank Reportedly in Crisis Mode – Stock Frozen After 40% Nosedive As Lender Tries to Raise Cash appeared first on The Daily Hodl.

Solana Co-Founder Says Cosmos and One SOL Rival Are Clear Winners in Building Sovereign Blockchains

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

Billionaire Bill Ackman on US Banking Crisis: We Are Running Out of Time to Fix This ProblemBillionaire Bill Ackman has warned that “We are running out of time” to fix the problem that led to the collapses of regional banks. “How many more unnecessary bank failures do we need to watch before the FDIC, U.S. Treasury, and our government wake up?” he stressed, adding that “We need a systemwide deposit guarantee […]

Solana Co-Founder Says Cosmos and One SOL Rival Are Clear Winners in Building Sovereign Blockchains

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

Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking IndustryFollowing the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes are in decline as regional bank stocks hit new lows. Banking Industry on Edge as Pacwest Shares Sink […]

Solana Co-Founder Says Cosmos and One SOL Rival Are Clear Winners in Building Sovereign Blockchains

$500,000,000,000 Loss in One Sector Will Wipe Out More Regional Banks, Says Kevin O’Leary

0,000,000,000 Loss in One Sector Will Wipe Out More Regional Banks, Says Kevin O’Leary

Veteran investor and Shark Tank star Kevin O’Leary warns that more regional banks could go under as they face immense losses from their exposure to one sector of the economy. In a new interview on the Meet Kevin YouTube channel, O’Leary says that the commercial real estate sector will likely put a lot of pressure […]

The post $500,000,000,000 Loss in One Sector Will Wipe Out More Regional Banks, Says Kevin O’Leary appeared first on The Daily Hodl.

Solana Co-Founder Says Cosmos and One SOL Rival Are Clear Winners in Building Sovereign Blockchains

Federal Reserve Is Destroying Regional Banks and Will Nuke American Economy: Robert Kiyosaki

Federal Reserve Is Destroying Regional Banks and Will Nuke American Economy: Robert Kiyosaki

Rich Dad Poor Dad author Robert Kiyosaki says the Federal Reserve’s tight monetary policies are annihilating the country’s regional banking sector, and the worst is yet to come. In a new tweetstorm to his 2.4 million Twitter followers, the best-selling author questions the Fed’s intentions and continued interest rate hikes amid the collapse of Signature […]

The post Federal Reserve Is Destroying Regional Banks and Will Nuke American Economy: Robert Kiyosaki appeared first on The Daily Hodl.

Solana Co-Founder Says Cosmos and One SOL Rival Are Clear Winners in Building Sovereign Blockchains

Shares of Deutsche Bank, Other Euro Lenders Tumble

Shares of Deutsche Bank, Other Euro Lenders TumbleDeutsche Bank shares plunged on Friday, along with the stocks of other European banks, amid investor concerns over the stability of the global banking sector. The drop comes in the aftermath of the recent emergency rescue of Credit Suisse and follows losses in U.S. banks on Thursday. Deutsche Bank Credit Default Swaps Jump to 4-Year […]

Solana Co-Founder Says Cosmos and One SOL Rival Are Clear Winners in Building Sovereign Blockchains