How Bitcoin Can Outperform All Cryptocurrencies After The Banking Crisis | Analyst Explains

Video Transcription Bloomberg Intelligence Senior Strategist Discusses Implications of Banking Crisis on the Bitcoin Market The ongoing banking crisis seems to be a pivotal moment for the global financial system and for crypto After the shutdown of two major crypto-friendly bags, the position of the crypto industry in the US looks increasingly precarious. On the […]

BIS-funded regulator to probe DeFi entry points like stablecoins

The Financial Stability Board (FSB), the financial regulator funded by the Bank for International Settlements (BIS), is pushing international regulations for decentralized finance (DeFi). The FSB on Feb. 16 issued a report on the financial stability risks of DeFi, highlighting major vulnerabilities, transmission channels, and the evolution of DeFi. Despite providing many “novel” services, DeFi […]

US debt surpasses $31 trillion

  The U.S. national debt reached its all-time high this month, surpassing $31 trillion. Over $11 trillion of the debt was added in the past 10 years alone, $5 trillion of which was a direct result of the debt spending initiated by the Biden administration in 2020. Graph showing the size of the U.S. debt […]