The failure of Silicon Valley Bank caused ripples in the crypto industry, but after mediation of US authorities, USDC and Bitcoin rallied. When the news of the SVB fallout broke, USDC stablecoin lost ...
Category: Bitcoin
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Bitcoin Price EXPLODES as US Banks risks liquidity crunch…BTC 30K?
The Bitcoin price has risen above the $24,000 mark again. After the heavy losses and the drop below $20,000, the cryptocurrency recovered in record time from the bank shock of the past few days. Since...
Bitcoin Whales Move $865,000,000 in BTC As Markets Fly – Here’s Where the Crypto Is Now
Some of the biggest Bitcoin whales in existence are moving around hundreds of millions of dollars worth of BTC as crypto markets rally to start the week. Spotted by blockchain tracking service Whale A...
Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits – Bitcoin News
Circle Financial, the issuer of the stablecoin USDC, is partnering with Cross River Bank after its former settlement partner, Signature Bank, was closed by New York regulators, according to a statemen...
Bitcoin surges past $24,000 on CME launch of BTC event contracts
On Mar. 13, American derivatives marketplace CME announced the launch of Bitcoin (BTC) futures event contracts. The exchange, which is fully regulated and has cleared administrative review, will hence...
Bitcoin soars as Silicon Valley Bank depositors get a regulatory lifeline
BTC’s price jumps by almost 10% in the last 24 hours. This is due to the decision by U.S. regulators to protect all customer deposits at failed Silicon Valley Bank (SIVB). Following the decision by th...
The Block: Bitcoin mining report: March 13
Bitcoin mining stocks tracked by The Block were mostly higher on Monday, with 18 gaining and one declining. Bitcoin rose 15.1% to $24,230 by market close. © 2023 The Block Crypto, Inc. All...
Bitcoin futures premium falls to lowest level in a year, triggering traders’ alerts
The price of Bitcoin (BTC) increased by 14.4% between March 12-13 after it was confirmed that financial regulators had rescued depositors in the failing Silicon Valley Bank (SVB). The intraday high of...
Bitcoin (BTC) Comes Close to Hitting $25,000. Here’s Why
Alex Dovbnya #Bitcoin has surged to almost $25,000 on the Bitstamp exchange today, experiencing a 20% rise since Friday’s lows Bitcoin (BTC) saw a significant climb, nearly hitting $25,000 on th...
BTC and ETH Price Analysis for March 13
The new week has started with the market bounce back as the rates of most of the coins are rising. BTC/USD The price of Bitcoin (BTC) has rocketed by 14% over the last 24 hours. The price of Bitcoin (...
Stablecoin Trading Dominates Monday’s Crypto Market, Tether and BUSD Sell at Premiums – Market Updates Bitcoin News
On Monday, the crypto economy experienced significant market activity with $183.85 billion in global trade volume over 24 hours, with a large portion of those trades involving stablecoins. USDC traded...
Signature Bank closure highlights benefits of holding Bitcoin, says Marathon Digital
Ad Bitcoin (BTC) miner Marathon Digital said its funds held at Signature Bank are safe and available for use despite the closure of the bank. In a March 13 statement, the BTC said $142 million in cas...
Solo Bitcoin Miner Wins Rare Block Reward Worth Over $150,000
Bitcoin mining is the process by which miners add new blocks to the Bitcoin blockchain. Miners must use computational power to solve complex mathematical equations to create a valid block hash. When a...
Beat Banks Runs With Bitcoin: Meet The New Bull Narrative For Crypto
Bitcoin price is currently soaring, climbing more than 20% since last Friday. The rally could be due to a brand new bull narrative that’s possibly brewing: using BTC to beat bank runs – a situation un...
Ault Alliance Subsidiary Achieves Bitcoin Mining Production Milestone of 1,000 Bitcoin Mined to Date at Its Michigan Data Center
LAS VEGAS–(BUSINESS WIRE)–$AP #1000_Bitcoin_Mined—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance” or the “Company”) is pleased to announce a significant miles...
Bank Stocks Implode, Bitcoin (BTC) and Ethereum (ETH) Soar As Fed Faces Rate Hike Decision
Crypto markets are flying as banks and traditional finance stocks get hammered by investors grappling with the collapse of several large banking institutions. As a new trading week begins, bank stocks...
Bitcoin Bull Market on the Horizon According to Kiyosaki and Hayes
Robert Kiyosaki – an American businessman, investor, and motivational speaker better known as the author of the bestseller “Rich Dad, Poor Dad” – thinks the current crisis in the banking sector will i...
BTC, ETH backtrack losses- Is crypto rout from U.S. bank collapses truly over
U.S. regulators offer a bailout to customers affected by SVB and Signature bank collapses. Will there be alternatives to these crypto-friendly banks and their payment systems to provide liquidity? Bit...
Rise of Bitcoin ATMs: A Convenient Door of Accessing Crypto
Bitcoin, the world’s most popular cryptocurrency, has seen a surge in demand over the past few years. Easy ways to buy and sell digital currency are becoming more and more necessary as more people ado...
Price analysis 3/13: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
The banking crisis in the U.S. has led to aggressive buying in Bitcoin and select altcoins, which are nearing stiff overhead resistance levels. Three banks, Silvergate, Silicon Valley Bank and Signatu...
U.S. Banking Crisis Sparks Boom In Bitcoin Price & Crypto Stocks
On Monday, the value of major cryptocurrencies increased in the wake of plans shared by the United States government to protect depositors at Silicon Valley Bank and Signature Bank. Bitcoin’s price cl...
Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum – Bitcoin News
On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryp...
Bitcoin Miner Stocks Surge Amidst Banking Meltdown
The extent of the mining sector’s exposure to crypto-friendly Signature Bank is unclear. Marathon Digital Holdings (MARA) on Monday said it still had access to $142 million in deposits the now s...
Bitcoin Dominates Bank Stocks Amid String of Failures
Bank stocks are crashing, not just in the US, but around the world. Bitcoin, meanwhile, is surging. In fact, bitcoin (BTC) is now easily outperforming practically all top US bank stocks year to date, ...
A Dark Day For Silicon Valley Bank Is Bitcoin’s Time To Shine
(Photo by Chesnot/Getty Images) Getty Images BitcoinBTC , the digital currency that has long been viewed with skepticism by the financial establishment, is having its moment in the sun. Following the ...
Bitcoin Rises as Biden Calls for Tighter Bank Regulations After SVB
President Joe Biden said anyone with deposits at Silicon Valley Bank and Signature Bank would have access to their money today. He emphasized that taxpayers will not pay for the funds regulators will ...
Bitcoin Price Analysis: Breather Around 22074
BTC/USD Takes Breather Around 22074: Sally Ho’s Technical Analysis – 14 March 2023 Bitcoin (BTC/USD) pared some recent gains early in the Asian session as the pair hovered around the 22074 level afte...
Bitcoin hits $23.7K as BTC price analyst calls SVB dip ‘bear trap’
Bitcoin (BTC) hit its highest since the start of the month on March 13 as U.S. bank stocks saw the largest mass halt in history. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView BTC price se...
Discover the Excitement of Crypto Trading with This Bitcoin’s Com…
It’s no surprise that more people are getting hooked on cryptocurrency trading. With its low entry threshold and high volatility, it’s an easy and accessible way to increase the level of l...
Massive Bitcoin (BTC) Whale Transfers Ring Alarm?
Crypto News: In the middle of a huge Bitcoin price pump, crypto whales appear to have sprung into action with huge asset bags. While the failure of the Silicon Valley Bank and Signature Bank led to a ...