crisis

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Circle confident in USDC’s future amid US banking crisis

0xMain
June 8, 2023

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USDC issuer Circle remains bullish about its future prospects despite recent liquidity challenges triggered by the collapse of Silicon Valley Bank. Despite facing significant redemptions amidst the US regional banking crisis in March 2023, driven by fear and uncertainty surrounding Circle’s reserves held...

Kyosaki and Druckenmiller voice concerns over US economic crisis

0xMain
May 25, 2023

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High-profile financial experts, including “Rich Dad Poor Dad” author Robert Kiyosaki and legendary investor Stanley Druckenmiller, have expressed concerns over the burgeoning unfunded liabilities in the United States, painting a grim picture of the country’s fiscal health. In the world of finance and...

President Biden sets sights on crypto amidst US debt crisis

0xMain
May 23, 2023

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Unmasking the tensions between crypto traders, wealthy tax evaders, and a potential financial crisis, U.S. president Joe Biden took a firm stance against biased fiscal deals. In the contested U.S. budget negotiations, an unexpected asset has come under the spotlight: cryptocurrency. Following a...

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Bitcoin’s role as a crisis hedge and the implications for the USD

0xMain
May 22, 2023

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In a recent video posted by popular cryptocurrency YouTuber, CryptosRUs, gave a comprehensive analysis of current economic events in the U.S. and their potential implications on the crypto market. US debt ceiling and economic uncertainty A pressing issue in the U.S. is the...

Former Coinbase CTO says current financial crisis similar to 2008

0xMain
May 4, 2023

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Balaji Srinivasan, the former Coinbase chief technology officer (CTO), is opposing Jerome Powell’s “soft landing” statement and compares the current financial crisis with that of 2008. Powell is the chairperson of the Federal Reserve (Fed). This comes a day after Balaji canceled his...

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US debt crisis may trigger 70% surge in bitcoin price says YouTuber

0xMain
May 2, 2023

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The U.S. Treasury Secretary, Janet Yellen, has recently warned of the catastrophic consequences the U.S. could face if the country hits the debt ceiling without lifting it. In his recent video CryptosRUs explains that failure to do so could lead to bankruptcy and...

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BitMEX co-founder highlights ongoing US banking crisis

0xMain
May 1, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Arthur Hayes, the co-founder of cryptocurrency exchange BitMEX, has taken to Twitter to express his concerns about the ongoing banking crisis in the United States and how it could...

Bitcoin has had four months of growth despite banking crisis

0xMain
May 1, 2023

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Bitcoin has had another positive month, making April the fourth consecutive month of gains, according to data from Coinglass. Bitcoin’s performance for the four months comes amidst a banking crisis and reveals that the closure of Silvergate and Silicon Valley didn’t affect bitcoin....

Argentina imports banknotes amid crisis while citizens turn to bitcoin

0xMain
April 29, 2023

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Argentina’s Casa de la Moneda struggles to keep up with the central bank’s demand for new banknotes, prompting it to import 1,160 pallets of 1,000-peso denomination banknotes from Paris and Malta. At the same time, bitcoin’s (BTC) popularity in the country increases. Inflation...

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The Modern Investor thinks bitcoin prices will fly amid banking crisis

0xMain
March 30, 2023

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Recent market analysis by financial news YouTube channel, The Modern Investor, paints a bright picture of the direction in which bitcoin (BTC) is headed. In a recent video, The Modern Investor host cites that billionaire Mike Novogratz predicts that the ongoing banking crisis...