FDIC Denies Report Signature Bank Purchaser Must Divest Crypto

The acquirer will tell the FDIC “what assets and liabilities from the failed bank it is willing to take,” the spokesperson said, citing the agency’s resolution handbook. The spokesperson also referred...

Filecoin Price Prediction: Make or Break For FIL Crypto?

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Cathie Wood’s Ark Invest Raises $16 Million for Another Crypto Fund

Cathie Wood praised crypto assets for proving to be safe havens as crisis unfolded in the US banking system last week. Ark Investment‘s Cathie Wood is known for making some of the bold bets in crypto....

Signature’s Potential Buyers Must Abandon Crypto Business (Report)

Companies willing to acquire the troubled Signature Bank will reportedly have to give up its cryptocurrency business. Those interested in purchasing the financial institution or Silicon Valley Bank (S...

Collapse of Silvergate and Silicon Valley Bank represent a challenge for crypto

The collapse of Silicon Valley Bank (SVB) and Silvergate Capital, some of the most crypto-friendly banks in the industry, has forced many crypto firms to hold their breath. The loss of a significant b...

Why Signature Bank Collapsed And How Does It Affect Crypto?

Crypto enterprises are being hammered particularly hard by a crisis of confidence affecting U.S. banks. It has since spread far beyond last week’s failure of the cryptocurrency-focused financier Silve...

US lawmaker suggests Signature’s collapse was tied to instability of crypto

Michael Bennet, a United States Senator representing the state of Colorado, has suggested that banks that associated with crypto firms did not make “prudentially sound” decisions. Speaking at a March ...

$16.3M raised by Wood’s ARK Invest for Private Crypto Funds

As seen on Wednesday’s SEC filings, Cathie Wood’s Ark Invest raised over $16 million for a new crypto fund, split in two. The ARK Crypto Revolutions US Fund LLC raised $7,281,630 from nine different i...

Republican Congressman Tom Emmer Queries FDIC on Alleged Efforts to Purge Crypto Activity from US – Bitcoin News

On Wednesday, Tom Emmer, the U.S. Republican congressman from Minnesota, revealed he sent a letter to Martin Gruenberg, the chairman of the Federal Deposit Insurance Corporation (FDIC), regarding repo...

Crypto prices continue to climb despite market uncertainty

Amid layers of market uncertainty, the price of bitcoin traded up today, hovering just below $25,000 toward the close of traditional markets. By 5:36 p.m. EDT, the token was trading at $24,869, ...

U.S. Banking Collapse Doesn’t Necessarily Make Crypto Trustworthy

But, of course, that is not a deus ex machina of crypto, which would seem to be in philosophical tension with the decentralization goals of many in the blockchain and crypto industries. Ultimately, al...

Crypto Influencers Hit by Another FTX Lawsuit

A new class-action lawsuit alleges crypto influencers, including Ben Armstrong, aka BitBoy, promoted FTX without disclosing compensation. The lawsuit also alleges the defendants replaced YouTube clips...

ICP price defends $4 support, Will ICP crypto price rise again ?

1 ICP price down by 42% from the recent swing high at $8.239. 2 ICP crypto price failed to hold the 200 day EMA showcase downtrend.  3 The pair of ICP/BTC is trading at 0.0002108 with intraday loss of...

STX coin price analysis: STX coin rises to the $1 level

The STX coin price is trading at the supply zone on a daily time frame. The STX coin price forms a rounding bottom pattern on a daily time frame. The pair of STX/BTC is trading at the price level of 0...

Financial Giant Fidelity Considering Enabling Crypto Transfers

Alex Dovbnya Fidelity Investments, one of the largest financial services companies in the world, is considering enabling cryptocurrency transfers in the future Financial behemoth Fidelity Investments ...

Meme Coin DigiToads Raises $200K in 5 days. Will it be More Rewarding Than Maker and ApeCoin?

Advertisement &nbsp &nbsp The world of cryptocurrency is alluring to many because of the potential for high returns. With suitable acquisitions, users can generate substantial...

Sen. Bennet takes potshot at crypto, says it’s less stable than marijuana industry

Policy • March 16, 2023, 4:37PM EDT U.S. Senator Michael Bennet has a bone to pick with banks that forge ties with crypto while the marijuana industry remains mostly shut out of the financial system. ...

5 Actionable Strategies For Keeping Ahead of the Game in the Crypto Economy

Image source Research shows that the value of all existing cryptocurrency is somewhere in the region of $900 billion, with approximately $385 billion of this being attributed to Bitocin. The market is...

How to Stake Polkadot (DOT)

Alt-Text: How to Stake on Polkadot (DOT) Transacting and staking on the Polkadot network is becoming more popular by the day. Many crypto traders are experiencing great success staking on the Polkadot...

Crypto market largely unaffected by ECB decision to hike rate by 50bps

The crypto market is largely unaffected by the European Central Bank’s latest 50 basis point rate hike, with the flagship cryptocurrency Bitcoin only seeing a minor dip following the announcement. Mea...

Crypto exchanges registered in offshore locations are 70% of top 30

Out of the top 30 crypto exchanges, 70%, or 21, are located in offshore financial centers, according to CoinGecko’s recent report. The report defines offshore financial centers as “territories that se...

Top Crypto Trader Issues Warning on Upcoming Arbitrum Airdrop – Here’s His Outlook on the Polygon (MATIC) Rival

A popular crypto trader is warning investors about the upcoming token airdrop for layer-2 (L2) scaling solution Arbitrum (ARB). Pseudonymous trader Altcoin Sherpa tells his 193,000 Twitter followers t...

21Shares Closes 6 Crypto Exchange-Traded Products

The products on the chopping block include the 21Shares Crypto Layer 1 ETP (LAY1), the 21Shares DeFi 10 Infrastructure ETP (DEFII), 21Shares S&P Risk Controlled Bitcoin Index ETP (SPBTC), the 21Sh...

Enjin coin (ENJ) falls 5.70% in 24 hours

Enjin coin (ENJ) has experienced a decrease of 5.70% in the last 24 hours. Despite this decline, the cryptocurrency is flat over the last 7 days.  At the time of writing, enjin coin is trading at $0.3...

FDIC Requires Potential Buyers of Failed U.S. Banks to Give Up Crypto Services

The Federal Deposit Insurance Corporation (FDIC) has requested banks interested in acquiring failed U.S. lenders, such as Silicon Valley Bank and Signature Bank, to submit their bids by March 17. The ...

FDIC Demands Any Buyer of Signature Bank Give Up on Crypto: Reuters

As the Federal Deposit Insurance Corporation prepares to auction off Signature Bank, it has made it clear that the buyer has to stop doing business with crypto, two anonymous sources told Reuters. If ...

Signature Bank Buyers Would Have To Give Up All Crypto Businesses, Says FDIC

Amid the instability in the US banking sector, the United States Federal Deposit Insurance Corporation (FDIC) has reportedly now made a decision against the crypto industry. According to a report publ...

FTX influencers face $1b fraud lawsuit over crypto promotion

The Moskowitz Law Firm represents the plaintiffs in a class-action lawsuit led by Edwin Garrison against “FTX influencers,” mainly operating on YouTube.  The lawsuit alleges that these influencers pro...

Friendliness Toward Crypto ‘Does Not Exist’

Two days later, Santa Clara, California-based Silicon Valley Bank (SVB), a go-to institution for venture-backed tech startups, was taken over by the California Department of Financial Protection and I...

Top Crypto Moguls Predict Bullish Trends on Crypto Market as Binance Converts $1 Billion Recovery Fund ⋆ ZyCrypto

Advertisement &nbsp &nbsp Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) could soon receive a significant boost in price fuelled by the mass conversion of the funds fro...

Shiba Inu Coin launches Shibarium Blockchain Beta

Shiba Inu Coin, a meme coin with a Shiba Inu concept, seeks to establish itself as a legitimate project by launching its Blockchain network and dApp ecosystem. The developers behind Shiba Inu have ann...

MetaMask co-founder addresses crypto’s most vexing problem

Dan Finlay is one of the co-founders of MetaMask, a well-known crypto wallet service that lets users access decentralized web3 applications. Finlay stated in an interview on the block that consumers n...