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Ram Ahluwalia discusses the Bank Crisis 2.0

Ram Ahluwalia, CEO of Lumida Wealth Management, joins us for his second time on Bankless to discuss the latest bank failure and what it means for the rest of the traditional finance system. Are there more failures to come? Can crypto save the banks? Why are politicians being quiet this time around? What will Powell do next? Answers to these questions and much more in the episode.  ------ 🚀 Stake with Swell ------ BANKLESS SPONSOR TOOLS:  ⚖️ ARBITRUM | SCALING ETHEREUM 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE 🧠 AMBIRE | SMART CONTRACT WALLET 👻 PHANTOM | FRIENDLY MULTICHAIN WALLET 🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE ------ Timestamps: 0:00 Intro 8:30 Season Two of the Banking Crisis 10:38 First Republic Bank 13:00 Politicians Being Quiet?  15:13 Ram's Slide Agenda 16:10 Co-Morbidities of Bank Failures  23:40 Negative Equitites  24:40 Publicly Traded Banks  30:27 The Walls Preventing a Collapse  35:40 The Banks' Mycelium Network 39:26 What's th

USDC Stablecoin Loses its Peg to the US Dollar: Implications for Stock Market, Economy, and Value in Crisis

The coin, which broke its 1:1 dollar peg and fell as low as $0.88 shortly after 0800 GMT (3 a.m. EST) on Saturday, Silicon Valley Bank collapsed on Friday in the largest U.S. bank failure since the 2008 , After Announcing #usdc large stake in #svb it’s lost value . NEW TO TRADING START HERE Fidelity Investments Starter Pack 👇🏽 💰 New to Trading Sign up for an Brokerage Account and Start #earning Today !!! Fidelity Investments Us my Referral link and sign up for Webull .. Webull is an online brokerage offering commission-free investments, on ETF’s , Options, cryptocurrencies, IRAs, and More . Link below is Making it easy to Earn Money jump starting your trading account with #free Stocks !!! Get up to 12 #Free Stocks When You Open and Fund a New Account Limited time offer terms and Conditions Apply . Spin the Wheel with #trading #spin #win #investment #economics Binance .Us referral $10 when u open a account restrictions apply #Coinbase #