Generative Data Intelligence

Tag: fractional reserve banking

Coinbase CEO Calls Bitcoin ‘the Antidote to Inflation’

Blockchain
On March 19, Brian Armstrong, the CEO of Coinbase, appeared on Bloomberg TV to discuss various aspects of the cryptocurrency industry, including the impact...

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Will Bitcoin Suddenly Be More Volatile Than Ethereum?

Blockchain
For what appears to be the first time in about 24 months, many crypto heads and analysts are saying bitcoin – the world’s number...

Bobby Lee: “We’re Finally Seeing The Signs Of Potential [Bitcoin] Spring”

Blockchain
Apr 18, 2023 at 07:30 // News The recent breakthrough of the $30,000 price level has already been taken as...

The Fall of Medici Bank: Lessons on Fractional Reserve Banking From 15th Century Italy

Blockchain
Amid the banking chaos of the 21st century, some are looking back more than 600 years ago, to the Medici Bank — one...

Bitcoin’s correlation with shares is at its lowest since 2021 as buyers grapple with the cryptocurrency’s narrative shift

Blockchain
Bitcoin has climbed steadily in March and is on tempo to submit its third optimistic month in a row , however its narrative has...

Senators grill federal officials over lack of oversight into SVB, Signature Bank collapse

Blockchain
Ad In a closely watched Senate hearing held on Mar 28, regarding the collapse of crypto-friendly banks Silicon Valley Bank (SVB) and Signature Bank,...

Is our banking system obsolete?

Blockchain
The fact that today’s bank deposits are at risk is not a signal that the depositors failed to perform due diligence. It is a...

A Look at the Fed’s Recent Custodia Bank Denial and the Central Bank’s Push Back Against Narrow Banking

Blockchain
Over the past century, the number of American banks has significantly decreased, dropping from 30,000 banks in 1921 to 4,997 U.S. banks in...

Paribus. The Fragility of Finance.

Blockchain
Despite a lot of turbulence in the markets this week the Federal Open Market Committee (FOMC) did exactly what was predicted. Jerome Powell carefully...

White House report takes aim at Bybit — and forgot about Deribit

Blockchain
The White House released its annual economic report on March 20, and it dedicated an entire section to digital assets. The authors should be commended...

Cardano CEO Calls Traditional Banks a Ponzi Scheme

Blockchain
CEO of Cardano, Charles Hoskinson, calls traditional banks a Ponzi scheme. He says that crypto projects have been a good escape valve during...

Silvergate, Silicon Valley Bank, Signature and the “unbanking” of U.S. crypto

Blockchain
Over the course of a single week we witnessed, in fast succession, the collapse of three of probably the most crypto-friendly banks within the...

Circle CEO Jeremy Allaire Warns Contagion Risks Not Completely Gone Following USDC Depeg

Blockchain
Circle CEO Jeremy Allaire believes that the risks to the banking system haven’t completely disappeared days after the US federal government stepped in to...
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