Despite the looming global banking crisis, Bitcoin (BTC) has been able to experience a significant increase. While a number of major banks have failed, the price of Bitcoin has increased by a staggering 26%. The co-founder of the cryptocurrency exchange BitMEX, on the other hand, continues to support his prediction that the financial crisis will cause Bitcoin to reach $1 million in value. Fed ponders urgent rescue for failing First Republic Bank – former BitMEX CEO According to reports, U.S. officials are discussing urgent rescue plans for the failing First Republic Bank (NYSE: FRC). Arthur Hayes, the former CEO of
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