Crypto Gator | The Best Cryptocurrency, Blockchain and Forex News Aggregator
The Best Cryptocurrency, Blockchain and Forex News Aggregator
<p>More than two years after Robinhood, one of the most popular trading service providers for retail clients, banned ‘meme stocks’ trading in the midst of a speculative frenzy, the company has once again found itself under retail investors’ criticism. This time, traders are complaining about the alleged inability to realize profits from their bets placed against the collapsed Silicon Valley […]
ECB hikes rates by 50bps in a sign that price stability trumps financial stability concerns. Borrowing costs are now at the highest level since late 2008. Read More
<p>There is often a perception that the events leading to the failure of a bank are complex and multi-faceted. However, <a href=”https://www.financemagnates.com/tag/svb/” target=”_blank” rel=”follow”>the demise of both Silicon Valley Bank and Silvergate Bank</a> can be traced back to two main factors: limited depositor diversification and excessive investment in long-dated assets such as US government bonds.</p><p>Bank Failures and US Crypto Business</p><p>Rising […]
<p>There is often a perception that the events leading to the failure of a bank are complex and multi-faceted. However, <a href=”https://www.financemagnates.com/tag/svb/” target=”_blank” rel=”follow”>the demise of both Silicon Valley Bank and Silvergate Bank</a> can be traced back to two main factors: limited depositor diversification and excessive investment in long-dated assets such as US government bonds.</p><p>Bank Failures and US Crypto Business</p><p>Rising […]
<p>Swissquote published its annual results for 2022, reporting net revenue of CHF 408 million and a pre-tax profit of CHF 186.4 million, which was in line with the <a href=”https://www.financemagnates.com/forex/swissquote-ends-2022-with-chf-185m-pre-tax-profits/” target=”_blank” rel=”follow”>previously announced tentative figures</a>. However, the figures dropped by 13.6 percent and 16.5 percent, respectively, from the peak achieved in the previous year. </p><p> Despite the double-digit decline in […]
Sterling is nudging higher against the US dollar, testing the 1.2100 level, after Wednesday’s flight-to-quality saw the greenback surge across the board. Read More
<p>StoneX Financial Inc., a subsidiary of StoneX Group Inc., which is the owner of Forex.com and City Index, has announced the expansion of its US fixed-income business by launching a trading offering and defeasance sales. This new capability signifies the continued growth of StoneX’s fixed-income franchise and its dedication to providing clients with comprehensive securities services.</p><p>StoneX Financial Launches New Division</p><p>As […]
<p>There is often a perception that the events leading to the failure of a bank are complex and multi-faceted. However, <a href=”https://www.financemagnates.com/tag/svb/” target=”_blank” rel=”follow”>the demise of both Silicon Valley Bank and Silvergate Bank</a> can be traced back to two main factors: limited depositor diversification and excessive investment in long-dated assets such as US government bonds.</p><p>Bank Failures and US Crypto Business</p><p>Rising […]
The Swiss Franc has been caught up in the evolving banking crisis with the Swiss National Bank intervening today. With ongoing emerging risks, will the ECB change tack today? Read More
<p>Switzerland-headquartered Credit Suisse confirmed on Thursday its intention to borrow up to CHF 50 billion (about $54 billion) from the Swiss National Bank to support liquidity and investor confidence after shares of the bank continued a steep downward momentum. </p><p>Credit Suisse Secures a CHF 50B Loan </p><p> The additional liquidity would support the bank’s core businesses and clients as it […]