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Silicon Valley Bank’s (SVB) collapse has had a “limited impact” on the European Union but authorities must still “stay alert” to events as they unfold, European Commissioner Mairead McGuinness has said. Despite McGuinness’ reassuring remarks, stocks of Europe’s largest banks still plunged by as much as 10% on March 15. Silicon
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The extent of the mining sector's exposure to crypto-friendly Signature Bank is unclear. Marathon Digital Holdings (MARA) on Monday said it still had access to $142 million in deposits the now-shuttered lender. CleanSpark (CLSK), Bitfarms (BITF) and Argo Blockchain (ARBK) said on Monday they have no exposure to either Signature
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The price of bitcoin on Sunday bounced as high as $22,600 on the news. It's currently pulled back a bit to $22,100. Among stock movers this morning, MicroStrategy (MSTR) is higher by 5.6%. Bitcoin miners Marathon Digital (MARA) and Riot Platforms (RIOT) are up 5.5% and 2.6%, respectively. Crypto exchange
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The show Macro Markets, hosted by Marcel Pechman, which airs every Friday at 12 pm ET on the Cryptox Markets & Research YouTube channel, explains complex concepts in layman’s terms and focuses on the cause and effect of traditional financial events on day-to-day crypto activity.In today’s episode, crypto analyst Pechman
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Salesforce has doubled down on its share buyback program which it commenced last year and said it will be committing the sum of $20 billion to the initiative. The shares of the American cloud-based software company Salesforce Inc (NYSE: CRM) are leading Wall Street momentum today as it jumps 15.79% in
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Bitcoin (BTC) wicked to five-day lows on Feb. 22 as a comedown for United States equities continued.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst on Bitcoin: "Waiting for a bit lower"Data from Cointelegraph Markets Pro and TradingView recorded lows of $23,871 on Bitstamp, with S&P 500 futures slipping under 4,000 ahead of
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Goldman Sachs reckons that stocks in China would surge substantially at the end of the year on an improving economy. Goldman Sachs (NYSE: GS) analysts believe that stocks in China could surge as high as 24% by the end of the year. According to the banking giant’s strategists, this 24% upside could
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The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that investing in a well-diversified portfolio of stocks, bonds, mutual funds, and exchange-traded funds (ETFs) is “very risky” advice. Kiyosaki stressed that gold, silver, and bitcoin are the best investments for “unstable times.” Robert Kiyosaki’s Investment
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Cathie Wood’s investment management firm Ark Invest continues stacking Coinbase (COIN) stock amid the latest cryptocurrency market decline.On Feb. 10 and Feb. 13, Ark made its first COIN purchases since mid-January, adding significant exposure to the United States’ largest crypto exchange.Last Friday, Ark bought 139,105 COIN shares for the ARK
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The firm, part of Bitmain's family of companies, announced it would go public in January 2022 by merging with Arisz Acquisition Corp. (ARIZ). But it has now twice exercised its right to push the merger back by three months, with May 22, 2023, being the new deadline for the completion
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