US bank failure again… Republic First Bank – First case this year (feat Bitcoin)

US

Republic First Bank in Pennsylvania, USA, has officially collapsed and been taken over by regulators. According to Watchguru on the 27th (local time), the Federal Deposit Insurance Corporation (FDIC) announced that Republic First Bank was shut down by Pennsylvania state regulators. This is the first bank failure in the United States this year. “The Pennsylvania … Read more

Bitcoin 72K · Gold rises to an all-time high… UBS: “Further rally as the Fed cuts interest rates”

Bitcoin

[Block Media Reporter James Jung] Bitcoin and gold prices are rising together. With the U.S. March inflation index scheduled to be released on Wednesday, there are predictions that gold prices will rise further if the Federal Reserve cuts interest rates. As the Asian market closed and the European market opened on the 8th, the price … Read more

Apple M-series chip security vulnerability threatens Mac users’ cryptocurrency private keys

Apple M-series

BitcoinNews.com reported on the 24th that serious security vulnerabilities were discovered in Apple’s M-series chips, raising concerns about the safety of cryptocurrency private keys stored on Mac computers. According to BitcoinNews.com, the flaw is inherently linked to the “microarchitectural design of the chip itself” and therefore cannot be patched (fixed through data updates). Mitigating the … Read more

Goldman Sachs Hedge Fund Customers Expand Bitcoin Options Trading – Bloomberg

Graph showing increased Bitcoin options trading among Goldman Sachs hedge fund customers, indicating rising interest in Bitcoin ETFs

As interest in Bitcoin ETFs grows among Goldman Sachs hedge fund customers, demand for options trading is rapidly increasing. According to Bloomberg on the 24th (local time), Goldman Sachs’ hedge fund clients, like retail traders, are showing renewed interest in cryptocurrency options. Interest in cryptocurrency has been rapidly increasing among Goldman Sachs’ hedge fund clients … Read more

Cryptocurrency outlook optimistic due to coronavirus and politically powerless government

Visual representation of the optimistic outlook for cryptocurrency due to the impact of the coronavirus pandemic on traditional financial systems

The global lockdown in response to the coronavirus outbreak has exposed fatal flaws in the monetary and financial system that has dominated the world since U.S. President Nixon abolished the gold standard in 1971. Freeing the dollar from its bondage to gold essentially gave the central bank permission to print it as it pleased. In … Read more