American banks

  • Understanding the Recent Losses in American Banks’ Mortgage Lending Businesses

    On April 13th, a new research report from the Mortgage Bankers Association (MBA) showed that mortgage lending businesses of American banks are experiencing their first ever losses.

    04/13/2023
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  • “Dr. Doomsday” Nouriel Roubini: Most American banks are technically close to bankruptcy

    According to reports, Nouriel Roubin, a well-known economist who is opposed to cryptocurrencies, interrupted in a recent MarketWatch column that most American banks are technically

    04/02/2023
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  • Bitcoin Options Trading Volume Surges on Deribit Amidst US Banking Industry Turmoil

    On March 14, it was reported that the trading volume of Bitcoin options on Deribit, the cryptocurrency exchange, soared after the collapse of several American banks and market fluctuations. According to the data tracked by Amberdata, in the past 24 hours, Bitcoin options valued at $2.4 billion have changed hands on Deribit, which is the highest daily trading volume since May 17, 2021. By the time of press release, the number of contracts traded in the past 24 hours had reached a record of 99195 Bitcoins. As of the time of press release, the nominal trading volume of Taifang options in the past 24 hours amounted to 948 million US dollars, the highest level since November last year. (CoinDesk) The daily trading volume of Deribit Bitcoin options reached the highest level in 22 months Analysis based on this information:The cryptocurrency exchange Deribit has experienced a surge in trading volume of Bitcoin options amidst the collapse of several American banks and…

    03/14/2023
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