The Tokenist

With $229.1 billion in total assets at the time of closure, First Republic Bank (NYSE:FRC) has become the second-largest bank failure in American history.On Monday, the Federal Deposit Insurance...

The latest trigger for Bitcoin’s rally comes from the First Republic Bank (NYSE:FRC) earnings report and rumors of federal seizure.For a long time, after Bitcoin launched, it was commonplace to...

A new report from crypto research firm K33 Research suggests that Bitcoin could hit the $45,000 mark by May. The report argues that BTC’s current drawdown and recovery cycle is very similar to...

Ether did not face significant selling pressure following its latest blockchain upgrade.Ethereum finalized its transition to the proof-of-stake (PoS) mechanism after completing the...

The total cryptocurrency marketcap surged to $1.2T in 2023.One day before Ethereum’s Shapella upgrade, Bitcoin broke the $30,000 psychological threshold. While the total crypto market cap is 84%...

Bitcoin surged 20% as the interbank borrowing rate climbed to 60bps, the third-highest since the Global Financial Crisis.Bitcoin has passed its first significant liquidity stress event, meaning the...

Entertainment giant Walt Disney Company (NYSE:DIS) is eliminating its metaverse division as part of broader layoffs that will impact as many as 7,000 employees. The announcement follows similar moves...

Bitcoin dominance surged above 47% in March in the wake of the current chaos roiling the global banking system.Bitcoin dominance, the ratio of Bitcoin’s market cap to the overall crypto market,...

Ahead of the next FOMC meeting, here's a recap of what's actually behind the financial uncertainty.On March 22, the Federal Reserve will announce its next interest rate move at the Federal Open Market...

Swiss central bank went to great lengths to cut short a major contagion in the making.Despite a string of multiple bad calls and scandals over the last five years, Credit Suisse (NYSE:CS) was among...

Despite recovering throughout the day, First Republic Bank’s shares reentered a sharp decline after the markets closed.After a pre-market collapse, and multiple trade halts due to volatility,...

Shares of Credit Suisse (NYSE:CS) on the New York Stock Exchange (NYSE) fell over 28% at a fresh all-time low of $1.78 after Saudi National Bank (SNB) said it would stop providing further financial...

After hitting an all-time low of around $0.8774 on Saturday, USD Coin quickly started recovering, surging to above $0.91.The catastrophic collapse of Silicon Valley Bank, one of the largest lenders in...

A tumultuous week for US banks saw the shares of the crypto-friendly Signature Bank (NASDAQ:SBNY) drop nearly 23% on Friday and more than 37% since Monday. The decline comes after the second large...

Silvergate Capital's (NYSE:SI) crypto bank shutdown seems to be the latest domino to fall in the FTX fallout. Although its fall had a minor effect on the suppression of the crypto market than FTX, the...

The day of the first hearing of the Subcommittee on Digital Assets saw the crypto markets drop significantly, with Bitcoin falling to its 7-week low.One of the busier days of one of the busier weeks...