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Category Bank crisis

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Fed Reveals 722 Banks Reported Unrealized Losses Over 50% of Capital as Concerns Over US Banking Crisis Grow

Fed Reveals 722 Banks Reported Unrealized Losses Over 50% of Capital as Concerns Over US Banking Crisis Grow

The U.S. Federal Reserve has revealed that 722 banks reported unrealized losses exceeding 50% of their capital at the end of the third quarter of 2...
May, 06, 2023
2 min read
by Bitcoin News
JPMorgan CEO Jamie Dimon Says Banking Crisis Not Over — Warns of ‘Repercussions for Years to Come’

JPMorgan CEO Jamie Dimon Says Banking Crisis Not Over — Warns of ‘Repercussions for Years to Come’

JPMorgan Chase CEO Jamie Dimon says the U.S. banking crisis is not over and “there will be repercussions from it for years to come.” The executive ...
Apr, 10, 2023
2 min read
by Bitcoin News
How the Federal Reserve Is Now Competing With Banks for Deposits: Enter the Reverse Repo Facility

How the Federal Reserve Is Now Competing With Banks for Deposits: Enter the Reverse Repo Facility

The U.S. Federal Reserve could be competing with commercial banks due to a facility called the “overnight reverse repurchase agreement facility,” w...
Apr, 04, 2023
2 min read
by Bitcoin News
Experts Predict More Bank Failures in the US Following Interest Rate Hike and Unsettled Banking Crisis

Experts Predict More Bank Failures in the US Following Interest Rate Hike and Unsettled Banking Crisis

After the recent bank collapses in the U.S., a number of people believe that more failures are coming following the Federal Reserve’s increase of t...
Mar, 27, 2023
3 min read
by Bitcoin News
Balaji Srinivasan Warns US Government Will Cut Off Access to Bitcoin (BTC) As Banking Crisis Deepens

Balaji Srinivasan Warns US Government Will Cut Off Access to Bitcoin (BTC) As Banking Crisis Deepens

Former Coinbase chief technology officer Balaji Srinivasan is predicting that the US government will cut off access to Bitcoin (BTC) in response to...
Mar, 23, 2023
2 min read
by The Daily Hodl