|All Time High:
|The price of #CNB today is $0.000122 USD.
The lowest CNB price for this period was $0, the highest was $0.000122, and the current live price for one CNB coin is $0.00012169.
The all-time high CNB coin price was $0.00237.
Use our custom price calculator to see the hypothetical price of CNB with market cap of SOL or other crypto coins.
|The code for Coinsbit Token crypto currency is #CNB.
Coinsbit Token is 3.9 years old.
|The current market capitalization for Coinsbit Token is $80,291.
Coinsbit Token is ranking upwards to #1609 out of all coins, by market cap (and other factors).
|There is an unknown daily trading volume on #CNB.
|The circulating supply of CNB is 659,826,197 coins, which is 73% of the total coin supply.
More Coinsbit Token (#CNB) News
|US Bank Outflows and Concerns Mount: 11 Banks Bail Out First Republic Ba...
After the fall of Silvergate Bank, Silicon Valley Bank (SVB), and Signature Bank (SNBY), First Republic Bank, a commercial bank and wealth management services provider, is the latest financial institution to receive a bailout. Close to a dozen lenders announced they will deposit $30 billion into the beleaguered bank's coffers to shore up liquidity. U.S. banks have suffered from the financial contagion that followed the three bank failures last week. According to reports, depositors removed $8.8 billion from Charles Schwab Corporation's prime money market funds.Impact of Recent Bank Failures on U.S. Banking Industry Spurs Wave of Bailouts
Several banks received bailouts in the past week due to the collapse of three major U.S. banks. This event shook the banking industry, and banks of all sizes, including giants like Bank of America and JPMorgan, saw a decline in their stocks. After Silvergate, SVB, and SNBY failed, banks borrowed approximately $164.8 billion from the Federal Reserve to secure liquidity. The collapse has also impacted international financial institutions, as Credit Suisse received a 50 billion Swiss franc bailout from the Swiss National Bank following the bailout of SVB and SNBY depositors by the U.S. central bank, Treasury, and Federal Deposit Insurance Corporation (FDIC).
First Republic Bank (NYSE: FRC) experienced a tumultuous week with a 50.41% decline in its stock value against the U.S. dollar in the last five days. Despite exploring various options, inclu...
|Czech Central Bank Plans Tenfold Increase in Gold Holdings, New Governor...
The incoming governor of the Czech National Bank (CNB), Aleš Michl, has said he plans to increase the institution's gold holdings almost tenfold from the current 11 tonnes to 100 tonnes. Michl also said he will ask the bank's foreign exchange reserves management team to invest in stocks. Growing the CNB's Shareholding
The incoming governor of the Czech National Bank (CNB), Aleš Michl, has said gold is good for diversification because 'it has zero correlation with stocks.' Therefore, under his stewardship, the CNB hopes to increase its holdings of the commodity from the current 11 tonnes to 100 tonnes or even more. However, this will be done gradually, the incoming governor said.
With this plan, which sees the bank's gold holdings grow by almost ten times, the new CNB boss, as one report noted, is seemingly following in the footsteps of other European central banks that have either repatriated or bought more tonnes of gold. For instance, the Hungarian central bank revealed in 2018 that it had grown its gold holdings tenfold while the Polish central bank is reported to have done the same in 2019.
Meanwhile, in his remarks during a wide-ranging interview with the Czech publication Ekonom, Michl, a conservative economist, also said he will propose to increase the CNB's shareholding in stocks from the current 16 percent of reserves to 20 percent or more. He argued that central banks in Switzerland and Israel are already doing this and so are large state sovereign wealt...