The Tokenist

Bitcoin surged 20% as the interbank borrowing rate climbed to 60bps, the third-highest since the Global Financial Crisis.Bitcoin has passed its first significant liquidity stress event, meaning the...

Entertainment giant Walt Disney Company (NYSE:DIS) is eliminating its metaverse division as part of broader layoffs that will impact as many as 7,000 employees. The announcement follows similar moves...

Bitcoin dominance surged above 47% in March in the wake of the current chaos roiling the global banking system.Bitcoin dominance, the ratio of Bitcoin’s market cap to the overall crypto market,...

Ahead of the next FOMC meeting, here's a recap of what's actually behind the financial uncertainty.On March 22, the Federal Reserve will announce its next interest rate move at the Federal Open Market...

Swiss central bank went to great lengths to cut short a major contagion in the making.Despite a string of multiple bad calls and scandals over the last five years, Credit Suisse (NYSE:CS) was among...

Despite recovering throughout the day, First Republic Bank’s shares reentered a sharp decline after the markets closed.After a pre-market collapse, and multiple trade halts due to volatility,...

Shares of Credit Suisse (NYSE:CS) on the New York Stock Exchange (NYSE) fell over 28% at a fresh all-time low of $1.78 after Saudi National Bank (SNB) said it would stop providing further financial...

After hitting an all-time low of around $0.8774 on Saturday, USD Coin quickly started recovering, surging to above $0.91.The catastrophic collapse of Silicon Valley Bank, one of the largest lenders in...

A tumultuous week for US banks saw the shares of the crypto-friendly Signature Bank (NASDAQ:SBNY) drop nearly 23% on Friday and more than 37% since Monday. The decline comes after the second large...

Silvergate Capital's (NYSE:SI) crypto bank shutdown seems to be the latest domino to fall in the FTX fallout. Although its fall had a minor effect on the suppression of the crypto market than FTX, the...

The day of the first hearing of the Subcommittee on Digital Assets saw the crypto markets drop significantly, with Bitcoin falling to its 7-week low.One of the busier days of one of the busier weeks...

US-based companies cut 77,770 jobs in February, compared to 102,943 in January. Tech companies continued to lead the layoff race, trimming 21,387 jobs last month, which represents 28% of all cuts,...

Bitcoin fell to a near-two-week low on Friday morning amid the latest decline in the broader crypto market after key crypto bank Silvergate Capital (NYSE:SI) warned it might not survive the storm. The...

According to Thursday’s presentation, both FTX and FTX.US still have a “massive shortfall” and only a fraction of identified assets are actually liquid.This Thursday, FTX published...

The Federal Open Market Committee (FOMC) will meet later in March to decide on the interest rate question for the US economy. With almost zero expectation of rate cuts this year, what does that mean...

While AMC Entertainment (NYSE:AMC) beat its Q4 estimates and saw a significant rise in revenue in 2022 compared to 2021, its shares were down nearly 10% after the earnings report was published.AMC...