Experts Warn of More US Bank Failures Amid Interest Rate Hike and Ongoing Banking Crisishttps://www.fameex.com/en-AU/news/crypto-trending-news-2023032803After the collapse of several banks in the US, there are fears that more could follow due to the Federal Reserve's recent 25 bps increase of the be

The recent failures of three major US banks have raised concerns among financial experts and officials, who warn of potential further bank failures due to the interest rate hike and unresolved banking crisis. Charles Gasparino, a journalist, radio host, and financial commentator, recently published

Yesterday, most of the major cryptos exhibited price depreciation with fluctuations between -5.48% and 7.51%. BNB, affected by the accusation against CZ, Binance CEO, plunged 5.48%, a reversal of yesterday’s strength. In contrast, XRP was relatively strong, surging 7.51%. BTC and ETH, two of the lea

We don't tax houses while they are being built, therefore we shouldn't tax staked bitcoin either.Source: cryptoslate.comStaked bitcoin gains shouldn't be considered a taxable event. Taxing such earnings when they are converted into money with legal tender only makes sense. Anything less would be a b

US Authorities Charge Binance, a Cryptocurrency Leader, and its CEO with Regulatory Violationshttps://www.fameex.com/en-AU/news/crypto-trending-news-2023032801The US Commodity Futures Trading Commission (CFTC) has charged Binance, the largest cryptocurrency exchange in the world, and its CEO, Zhao C

The debate around the regulatory classification of Ethereum has been ongoing for some time now. The Commodity Futures and Trading Commission (CFTC) charged Binance on March 27 for noncompliance with federal laws and claimed that Ethereum is a commodity in its lawsuit. This announcement followed the

Binance, one of the largest cryptocurrency exchanges in the world, and its CEO Changpeng Zhao, have been charged by the Commodity Futures Trading Commission (CFTC) for offering and executing commodity derivatives transactions on behalf of US clients, in violation of US law. The CFTC has claimed that

Investor Interest in Bitcoin Leads to Drop in Banking Depositshttps://www.fameex.com/en-AU/news/crypto-trending-news-2023032703According to recent reports, deposits at US banks have experienced a significant decline between March 8 and 15, which is believed to be due to increasing concerns over a po

Recent data from the Federal Reserve has revealed a significant decline of $98 billion in deposits at all U.S. commercial banks within a week, accompanied by a corresponding increase of $67 billion for the top 25 banks in the country. This trend suggests that customers are moving their funds from re

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