![Analysts bet on BTC and ETH to rally amid banking nightmare](https://crypto.news/app/uploads/2023/03/USDT-_depegged_-to-the-upside2-880x525.jpg)
Economic Crisis News
Latest Economic Crisis News
![Venezuelan opposition leader hails Bitcoin as a ‘lifeline’](https://crypto.news/app/uploads/2024/04/crypto-news-Venezuela-option02-880x525.webp)
News
MarÃa Corina Machado discussed Bitcoin’s role in helping Venezuelans combat hyperinflation and economic collapse in an interview. Machado discussed the economic challenges faced by Venezuelans in a recent interview with Alex Gladstein of the Human Rights Foundation, published in Bitcoin…
![Bitfinex: Bitcoin may restest $48.9k support](https://crypto.news/app/uploads/2023/07/bear_-markets02-880x525.jpg)
News
Bitfinex analysts opined that Bitcoin might retest support around $48,900 as a potential local bottom after crypto markets dropped under $2 trillion. Bitcoin (BTC), crypto’s bellwether asset, could reach lower levels as worldwide economic uncertainty wiped out over $570 billion…
![Kyosaki and Druckenmiller voice concerns over US economic crisis](https://crypto.news/app/uploads/2023/04/Astar-Network03-880x525.jpg)
News
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.
![Bank failures pump bitcoin price in weak financial markets](https://crypto.news/app/uploads/2023/04/IMG_8909-880x525.jpg)
News
As regional bank failures rattle the financial markets, Bitcoin's price surges to the $28,500 level, showcasing its resilience and growing appeal as a safe haven for investors.
![BitMEX co-founder highlights ongoing US banking crisis](https://crypto.news/app/uploads/2023/03/Security-Laws-Are-Not-Ready-For-The-Digital-Era4-880x525.jpg)
News
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.
![Bitcoin hovers around $28k after First Republic Bank stock tanks](https://crypto.news/app/uploads/2023/04/BitMake1-880x525.jpg)
News
Bitcoin is trading around the $28,000 mark, after trading higher. The churn comes after news that the First Republic Bank is close to seizure by U.S. authorities.
![Signature bank insiders sold $100m in stock, ‘ignored’ crypto risks](https://crypto.news/app/uploads/2023/03/Silicon-Valley-Bank1-880x525.jpg)
News
Recent reports indicate that Signature Bank insiders disposed of over $100 million in shares in the three years preceding the Bank's fall.
![The Modern Investor thinks bitcoin prices will fly amid banking crisis](https://crypto.news/app/uploads/2023/02/crypto-news-neural-networks-city-background-bright-tones-low-poly-style-880x525.jpg)
News
Recent market analysis by financial news YouTube channel The Modern Investor paints a bright picture of the direction in which bitcoin (BTC) is headed.
![Analysts bet on BTC and ETH to rally amid banking nightmare](https://crypto.news/app/uploads/2023/03/USDT-_depegged_-to-the-upside2-880x525.jpg)
News
The most significant banking debacle has exacerbated investors' anxiety over a potential worldwide economic slowdown since the 2008 financial crisis.
![Saudi National Bank chair resigns following Credit Suisse crisis, major losses](https://crypto.news/app/uploads/2023/03/crypto-news-the-trading-chart-are-rising-blurry-background-low-po-880x525.jpg)
News
Saudi National Bank's chairman, Ammar Al Khudairy, has resigned from his post following the banking crisis that has hit Credit Suisse Group AG.
![Bitcoin’s realized price rises amid a surge in whale activity](https://crypto.news/app/uploads/2023/03/crypto-news-bitcoin-coin-blockchain-and-artificial-intelligence-background-low-poly-style-880x525.jpg)
News
Bitcoin (BTC) witnessed a sudden drop as March started with a series of bank collapses. The downward movement continued for almost two weeks, bringing the price down to the $19,500 mark on March 10.Â
![Crypto firms turn to Swiss banks following Signature, Silvergate collapse](https://crypto.news/app/uploads/2023/02/crypto-news-brain-neural-networks-city-background-bright-tones-low-poly-style-1-880x525.jpg)
News
The collapse of Signature Bank and Silvergate Bank, two of the most crypto-friendly lenders in the U.S., has left many cryptocurrency firms in a state of uncertainty and desperation.
![Coinbase research says SVB’s failure could continue to impact markets](https://crypto.news/app/uploads/2023/03/Silicon-Valley-Bank1-880x525.jpg)
Follow-up
According to research from Coinbase and CES Insights, the U.S. government has taken swift steps to avert a system-wide bank run among mid-tier banks after the failure of Silicon Valley Bank (SVB) and Silvergate.
![Coinbase offered Circle $3b credit line to repeg USDC](https://crypto.news/app/uploads/2023/02/crypto-news-datacenter-room-fog-around-side-view-aurora-and-stardust-on-background-holography-red-neon-color-cyberpunk-1-880x525.jpg)
News
Crypto exchange Coinbase reportedly offered a $3 billion credit line to Circle, the crypto company that issues the USD Coin (USDC) stablecoin, in an effort to bring the stablecoin back to its $1 peg.
![Justin Sun loses bid for Credit Suisse to UBS](https://crypto.news/app/uploads/2023/03/crypto-news-rollercoaster-blurry-background-dark-tones-sixties-retro-futuristic-illustration-880x525.jpg)
News
UBS Group has successfully acquired the struggling Swiss bank Credit Suisse for a reported $3.2 billion, after Justin Sun attempted to buy the bank.
![SVB’s parent firm files for chapter 11 protection](https://crypto.news/app/uploads/2023/03/Silicon-Valley-Bank3-880x525.jpg)
News
SVB Financial Group said on March 17 that it had filed for a court-supervised restructuring under chapter 11 bankruptcy protection to seek purchasers for its assets.