Newsfeeds - Spark Newswire

1 minute read

Mike Novogratz Says ‘You Want To Be Long Bitcoin’ After Warning Of Possible Credit Crunch Ahead

Today, 5:27 AM

Michael Novogratz, CEO and co-founder of Galaxy Digital, on Wednesday said that the United States is on the brink of entering a recession – and he believes that now is the perfect opportunity to invest in cryptocurrencies.

BTC

1 minute read

Former FTX.US President On Crypto Future In Aftermath Of Silvergate, Signature Bank Failures

By Murtuza Merchant

Today, 5:27 AM

New banks are expected to compete for business from cryptocurrency companies in the wake of the demise of Silvergate (NYSE: SI) and Signature bank, according to former FTX.US president Brett Harrison.

3 minute read

Moody’s Warns Of ‘Rapid Deterioration’ In Banking Environment, Evaluates Comerica, Western Alliance And More

By Chris Katje

Today, 5:27 AM

Risk assessment firm Moody’s Corporation (NYSE: MCO) is downgrading the outlook on the U.S.

CMA

3 minute read

Silicon Valley Bank Failure Is Just The Tip Of Financial Iceberg, Could Affect Unexpected Industries

By Nina Zdinjak

Today, 5:27 AM

Last week the US economy got clobbered by the biggest banking collapse since 2008 when the parent of Silicon Valley Bank, SVB Financial Group (NASDAQ: SIVB) failed to raise enough capital to continue.

AAWH

1 minute read

Digital Currency Group Searches For A Lifeline As SVB And Crypto-Friendly Banks Collapse

By Murtuza Merchant

Today, 5:27 AM

Prominent crypto conglomerate Digital Currency Group (DCG) is seeking to secure new banking partners for its portfolio companies in the aftermath of the recent collapses of Silicon Valley Bank (NASDAQ:

BAC

1 minute read

Why Shiba Inu (SHIB) Is Rising

By Henry Khederian

Today, 5:27 AM

Shiba Inu (CRYPTO: SHIB) is trading higher by 5.39% to $0.00001174 Tuesday morning. Shares of several altcoins are trading higher on continued upward momentum in cryptocurrencies.

$SHIB

2 minute read

Why Bitcoin-, Ethereum- And Dogecoin-Related Stocks Are Exploding Higher

By Henry Khederian

Today, 5:27 AM

Bitfarms Ltd (NASDAQ: BITF), Coinbase Global Inc (NASDAQ: COIN) and Marathon Digital Holdings Inc (NASDAQ: MARA) shares are all trading higher Tuesday morning.

BITF

2 minute read

Crypto VC Digital Currency Group Turns To New Banking Partners After SVB Financial Debacle

By Anusuya Lahiri

Today, 5:27 AM

Crypto conglomerate Digital Currency Group (DCG) is hunting for new banking partners for portfolio companies following the collapse of SVB Financial…

BAC

1 minute read

Why Bitcoin Gold Is Soaring Higher

By Henry Khederian

Today, 5:27 AM

Bitcoin Gold (CRYPTO: BTG) is trading higher Monday afternoon. Shares of several popular altcoins trading higher amid broader strength in cryptocurrencies.

BTG

4 minute read

Jim Cramer Named Signature Bank Among His Top Banking Stocks: Did ‘Reverse Midas Touch’ Strike Again?

By Chris Katje

Today, 5:27 AM

Regional banks have been in the spotlight after the collapse of SVB Financial (NASDAQ: SIVB) last week. Many of the regional bank stocks began Monday trading down by double digits.