Banks Keep Rolling Fed Loans
The Federal Reserve Banks’ temporary program may become permanent as banks are in no rush to repay their loans.
Is Dedollarization Happening?
Amid much propaganda about dedollarization, we look at the facts of global trade.
Bitcoin, Ethereum and Litecoin Are Commodities Says CFTC
The Commodities Futures Trading Commission (CFTC) has declared ethereum and litecoin to be commodities, in addition to bitcoin.
US Gov Becomes Top Holder of Bitcoin
The US government has increased its bitcoin holdings to 1% of the total supply, currently holding 205,000 BTC worth $5.75B.
Why Nvidia’s CTO is Wrong on Crypto OR How Crypto Made AI
Despite recent criticism from Nvidia’s CTO Michael Kagan, there is a fundamental connection between crypto and AI. Sergey Brin, Google’s co-founder…
FDIC Loses $20 Billion in the Sale of Silicon Valley Bank
FDIC has sold Silicon Valley Bank to First-Citizens Bank for $20 billion. First-Citizens took $56 billion in deposits and $72 billion in loans.
FDIC Gave Flagstar $25 Billion Cash, For Free
Flagstar, which acquired the assets of Signature Bank, received $25 billion in cash from the FDIC.
Nasdaq Hopes to Provide Crypto Custody Next Quarter
Nasdaq plans to launch a new crypto custody offering next quarter, making it one of the few traditional financial institutions to provide this service.
Nasdaq Expects to Provide Crypto Custody Next Quarter
Nasdaq plans to launch a new crypto custody offering next quarter, making it one of the few traditional financial institutions to provide this service.
