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Amid US banking crisis, GPT and NVIR top MEXC search results

The world of blockchain and cryptocurrency is constantly evolving. As a rapidly changing market, investors should keep up with the latest trends. Recently, interest in alternative investments triggered by the global banking crisis, such as Silvergate and Silicon Valley Bank (SVB), has been focused on the cryptocurrency market. Interestingly, according to

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Bitcoin Was a Winner During the U.S. Banking Crisis, but Illiquidity Prevents It From Being a USD Hedge

When liquidity is low in any financial market, volatility is high in both directions. Prices have less support on both the downside and the upside. In this instance, the narrative of bitcoin as a hedge against financial calamity gave BTC the push it needed. But there was little upside resistance

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Treasury Secretary Yellen Holds Unscheduled Meeting With Top Financial Regulators Amid Turmoil in Banking Sector – Bitcoin News

U.S. Treasury secretary Janet Yellen initiated an unscheduled Financial Stability Oversight Council (FSOC) meeting with the country’s top financial regulators on Friday amid issues plaguing the U.S. banking sector. Banking stocks and all four U.S. benchmark indexes fell again on Friday as the government’s efforts last week failed to quell

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Moody’s Warns of Potential Financial Disruption Spillover Beyond US Banking Sector – Bitcoin News

Roughly ten days ago, the credit agency Moody’s Investors Service downgraded the U.S. banking sector from “stable” to “negative.” In a recent update on Thursday, the company stated that there is still a risk to the U.S. economy. The managing director of credit strategy at Moody’s explained that the country

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Bitcoin likely to outperform all crypto assets following banking crisis, analyst explains

The banking crisis could be the spark that will kick off the next crypto bull run, in which Bitcoin (BTC) is likely to outperform all other cryptocurrencies — according to Mike McGlone, senior commodity strategist at Bloomberg Intelligence. Following the collapse of major banks such as Silicon Valley Bank and Credit

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Bitcoin Regains Momentum as Investors Shrug Off Banking, Fed Concerns

Ether, the second larges crypto in market value, was recently changing hands at $1,810, up 4.6% from Wednesday, same time. Other major cryptos were largely in the green, regaining ground lost the previous day. Stablecoin XRP and TRX, the token of blockchain-based platform Tron Network, recently rose 5.7% and 9.4%,

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Sygnum sees increased crypto firm inquiries after US banking giants collapse

Zurich-based digital asset bank Sygnum is seeing an influx in inquiries from international crypto firms looking for new banking partners following the recent collapses of crypto-friendly banking giants in the United States.Dominic Castley, chief marketing officer at Sygnum, told Cryptox in an email that they are receiving more onboarding inquiries

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