Tag: banking

Bitcoin bulls beware! Topping pattern to trigger more downside?

You know I was hoping to enjoy this weekend off from charts, but I could not help myself. Many traders, even just for curiosity, had their eyes glued on the bitcoin chart given the Israel-Iran tensions over the weekend. Before the markets closed for the weekend, they did sink as the Iranians said they were… Read More »Bitcoin bulls beware! Topping pattern to trigger more downside?

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SEC Lawsuits Against Binance and Coinbase: A Damning Indictment of the Cryptocurrency Concept?

In an unprecedented move signaling increased scrutiny of the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) has filed lawsuits against leading crypto exchanges, Binance and Coinbase. Allegedly, both exchanges knowingly violated securities laws, prompting the debate: is the entire concept of cryptocurrency fundamentally flawed, or even a sham? The SEC contends that Binance,… Read More »SEC Lawsuits Against Binance and Coinbase: A Damning Indictment of the Cryptocurrency Concept?

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Bitcoin and crypto pop as US government acts to protect deposits

Everyone is talking about Silicon Valley Bank and Signature Bank. What might not be known is that these banks both have ties to the crypto industry. With government intervention, deposits at both institutions will be guaranteed, and more backstops and safety nets have been put into play from the Federal Reserve and the Treasury to… Read More »Bitcoin and crypto pop as US government acts to protect deposits

The post Bitcoin and crypto pop as US government acts to protect deposits appeared first on Equity.Guru.

Bitcoin and crypto pop as US government acts to protect deposits

Everyone is talking about Silicon Valley Bank and Signature Bank. What might not be known is that these banks both have ties to the crypto industry. With government intervention, deposits at both institutions will be guaranteed, and more backstops and safety nets have been put into play from the Federal Reserve and the Treasury to… Read More »Bitcoin and crypto pop as US government acts to protect deposits

The post Bitcoin and crypto pop as US government acts to protect deposits appeared first on Equity.Guru.