We have successfully reached 1500 members and I would like to share some interesting information with you!
50 reactions = posting an article 👇👇👇
JUST IN: 🇺🇸 White House says President Biden has confidence in FED Chair Jerome Powell.
Читать полностью…Several major banks announce coordinated action to increase US dollar liquidity provision in the global market through swap lines:
🇺🇸 US Federal Reserve
🇨🇦 Bank of Canada
🏴 Bank of England
🇯🇵 Bank of Japan
🇨🇭 Swiss National Bank
🇪🇺 European Central Bank
🇺🇸FEDERAL RESERVE THIS WEEK:
FED INTEREST RATE DECISION (WED. 2:00PM ET)
FED FOMC STATEMENT (WED. 2:00PM ET)
FED FOMC ECONOMIC PROJECTIONS (WED. 2:00PM ET)
FED CHAIR POWELL SPEAKS (WED. 2:30PM ET)
‼️ Reported bankruptcies of 5 banks in about a week
1st Place: Silvergate Bank
2nd Place: SVB
3rd Place: Signature Bank
4th Place: First Republic Bank
5th Place: Credit Suisse
The WSJ reports that more than 186 banks have found vulnerabilities similar to Silicon Valley Bank.
📊 World Indices :
SPX - 3,885.87 (-0.16%)
🚀 Cryptocurrencies :
Bitcoin USD - 24,887.99 (0.05%)
Ethereum USD - 1,661.55 (-0.68%)
🌟 Commodities :
Crude - 66.76 (-1.26%)
Silver - 21.975 (0.43%)
Gold - 1,931.10 (-0.01%)
🥇 The number of transactions in the Bitcoin mempool has surpassed three-year highs
Читать полностью…🇺🇸U.S. Economic Data This Week:
—————————
CPI Inflation (Tues.)
PPI Inflation (Wed.)
Retail Sales (Wed.)
Ny Fed Factory Index (Wed.)
Philly Fed Factory Index (Thurs.)
Jobless Claims (Thurs.)
Housing Starts (Thurs.)
Consumer Sentiment (Fri.)
🆘 According to DeFiLlama
When USDC falls to about $0.872, $45.3 million in USDC collateral will be liquidated, and the position is mainly held by Aave v2 and Compound. USDC has fallen below $0.9 at present.
🟠 Binance SAFU Fund holds over $1 billion in its public addresses, including:
$457.5M BNB
$432.7M BTC
$100.6M USDT
$100.5M TUSD
The United States announced that the annual rate of PPI (producer price index) in February was 4.6%, the previous value was 6.00%, and the expected rate was 5.40%. U.S. retail sales fell 0.4% in February.
Читать полностью…🚨 Binance is suspending deposit and withdrawal services via bank transfers and card payments for UK customers, per Bloomberg.
Читать полностью…🇺🇸 U.S. Regional Bank Stocks Now:
1. Western Alliance, $WAL: -75%
2. First Republic, $FRC: -65%
3. Zions Bancorp, $ZION: -43%
4. PacWest, $PACW: -41%
5. Comerica, $CMA: -33%
6. Fifth Third, $FITB: -20%
With USDC insolvency fears rampant, users are fleeing to safety in other stables. Not all of them are going to make it there in one piece, however.
Here's how one unlucky user paid $2,080,468.85 to receive $0.05 of USDT.
📣 BitMEX launched the USDTUSDC perpetual swap, traders can use Bitcoin (XBT) to pay margins, and the maximum leverage is 10x.
Читать полностью…🚨🚨🚨 Are we witnessing a banking crisis?
• Silicon Valley Bank (SIVB) -60%
• First Republic Bank (FRC) -60%
And more….
Banks across the board have been selling off.