Banks Took $434 Billion From Americans Last Year — Is it Time for Bitcoin? Banks extracted hundreds of billions from American savers last year — and the scale of it shows a deep structural issue in America’s financial system. Bitcoin might help. In 2025, U.S. banks generated roughly $434 billion in net interest income, or
According to Israel-based Channel 12 television, a one-month ceasefire with Iran is being planned as part of diplomatic contacts between the US and regional actors. The report stated that the ceasefire would be announced within the framework of a mechanism being worked on by US officials Wittkov and Jared Kushner. During the ceasefire, the parties
NEW YORK — BNY Mellon CEO Robin Vince said the next phase of crypto adoption will depend on large financial institutions, arguing that banks are positioned to connect digital assets with the broader financial system. “We can act as a very effective bridge between the traditional finance and the digital finance ecosystems,” Vince said during
In a significant move within the cryptocurrency security sector, hardware wallet manufacturer Ledger has successfully raised $50 million through a secondary share sale, Bloomberg reported. This strategic financial transaction, finalized in the fourth quarter of last year, involved a substantial transfer of equity from the company’s early investors to new stakeholders. Consequently, the Paris-based firm
Circle (CRCL) sank about 22%, its worst drop since June 2025, after a tougher CLARITY Act draft threatened to ban stablecoin yield, clashing with booming $USDC growth. Summary Circle Internet Group (CRCL) stock is trading around $98.71, down about 22% on the day and roughly 18% below Monday’s close, its steepest slide since June 2025.
While diplomatic contacts intensify between the US and Iran regarding a possible peace process, it has been reported that the parties have not yet reached a concrete agreement and uncertainty persists. According to two sources close to the matter, the US and regional mediators are considering the possibility of holding a high-level peace summit as
Vanguard, one of the world’s largest registered investment advisers with more than $12 trillion in assets under management globally, announced on March 24 that it will conduct stock splits for some of its biggest exchange-traded funds (ETFs). Specifically, the move will affect five ETFs – Growth ETF (VUG), Mega Cap Growth ETF (MGK), S&P 500
Story Highlights Fed signals possible rate hike amid global tensions, triggering volatility and raising risks of a liquidity crunch across equities and crypto markets. Bitcoin faces pressure as higher rates could strengthen the dollar, reduce liquidity, and increase downside risk amid uncertain Fed policy outlook. The Federal Reserve has shaken the global scenario after Chair
The recent movement in the US 20-Year Treasury Note yield highlights growing nervousness across financial markets. Despite reports suggesting the possibility of easing geopolitical tensions, yields have continued to rise, indicating that investors remain skeptical about any immediate resolution. This reaction suggests that market participants are pricing in prolonged uncertainty rather than short-term stability. Absolutely