Coinbase, a leading digital currency exchange, has filed an amicus brief in the insider trading case against its former employee, Ishan Wahi, and his brother. While Wahi has admitted to insider tradin...
Category: Crypto
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Crypto Market Signals Bullish with Recent USDC, SHIB & ETH Rally
10 seconds ago | 2 mins read Altcoin News The top trending coins are USDC, SHIB, and ETH. Ethereum (ETH) price soared about 4.5% in a day. Since heightened volatility during pre-market hours on Monda...
Discover the Excitement of Crypto Trading with This Bitcoin’s Competitor
– Advertisement – 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 incre...
SD Governor Urges 20 States to Block Legislation That Bans Crypto’s Use as Money — Says ‘Its a Threat to Our Freedom’ – Featured Bitcoin News
South Dakota Governor Kristi Noem has vetoed a bill that bans the use of cryptocurrencies, including bitcoin, as money. The bill, masquerading as a Universal Commercial Code (UCC) guidelines update, a...
‘Signature’ Fall of Crypto Bank In-line With SVB and Silvergate
Signature Bank was among the top banking institutions known to serve crypto entities. Dramatically, it met a similar fate as its counterpart Silvergate Bank Silicon Valley Bank. Both the crypto-friend...
Bitcoin’s BTC Price Store of Value Narrative Is on Full Display; Crypto Prices Stay Green
“We are closely watching whether this moment creates an opening for other currencies, notably the Euro, to emerge as a linchpin of the digital asset ecosystem,” David Bachelier, Asia-Pacific CEO of Fl...
Whiplash Hits Crypto Markets Due to Recent Turmoil
The most dramatic week in technology and banking ended with crypto markets up on Monday. The wider industry is suffering from a serious case of whiplash. There’s whiplash, and then there’s whiplash. T...
ARK Invest’s Cathie Wood ‘not surprised’ at crypto market rebound
Ad Cathie Wood, the founder and CEO of ARK Invest, said that more regional banks could fail if the ongoing banking crisis in the U.S. isn’t resolved. Wood looked back at the factors that led to Silico...
Crypto Firms Announce Funds Caught in Signature Bank Closure
Coinbase announced that it had about $240 million in corporate funds at Signature Bank, but expects a full recovery of all its funds. Several crypto firms, including Paxos, have disclosed their level ...
Crypto Exchange Bybit and Red Bull Launch Athlete Development Program
Crypto derivatives exchange Bybit has teamed up with Oracle Red Bull Racing to launch an athlete development program called The Bybit Performance Accelerator. According to a press release shared with ...
U.S. Crypto Firms Explore European Banking Partners Amid Financial Crisis
The recent banking crisis in the U.S., which resulted in losing three crypto-friendly banks, Silvergate Capital, Silicon Valley Bank, and Signature Bank, has raised concerns among U.S.-based firms. A...
Banking Crisis Won’t Leave Crypto Industry Unbanked Despite Short-Term Pain
Regardless of the final outcome, every bear cycle in crypto has experienced such conundrums, and came out stronger, Xu said. “Having been in this industry for as long as I have, this news doesn’t surp...
Recent contagion was ‘TradFi to crypto’ and not vice versa — Circle policy director
Caroline Hill, the director of global policy and regulatory strategy for stablecoin issuer Circle, has placed some of the blame from the recent collapse of banks tied to crypto on traditional financia...
The Big Scandal Behind Pro-Crypto Signature Bank Shutdown
Signature Bank, another major crypto-friendly institution, was shut down by regulators on Sunday. The New York financial institution, with a large lending business in the crypto industry, was caught i...
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...
Crypto Neobanks Could Come Soon as Rules Tighten
President Joe Biden announced a tightening of banking regulations in the U.S. that could lead to more crypto firm neobanks outside the U.S. banking system. In a speech on March 13, 2023, the U.S. pres...
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...
CryptoGPT Twitter Accounts: AI-Generated Insights on Crypto
A new trend has emerged on Twitter with the hashtag #CryptoGPT CryptoGPT Twitter accounts are bots that use AI integrated to generate tweets about cryptocurrency and blockchain technology Recently, a ...
Was Signature Bank Intentionally Shut Down To Kill Crypto’s Last Major Banking Hope?
According to reports, customers of Signature Bank withdrew more than $10 billion in deposits on Friday after being alarmed by the sudden failure of Silicon Valley Bank. As a result, the run on deposit...
Nouriel Roubini Gloats Over Crypto Banking Crisis
Alex Dovbnya Turkish-American economist Nouriel Roubini celebrated collapse of these crypto-related banks in recent tweet Turkish-American economist Nouriel Roubini has gloated over the collapse of se...
Crypto not responsible for bank problems says Blockchain Association
The Blockchain Association chief policy officer, Jake Chervinsky, said that the rise in adoption of crypto in the U.S. has no impact on the recent high-profile collapses in Wall Street and that just l...
Crypto-friendly banks closure could pose a challenge for crypto companies
The closure of three major crypto-friendly banks in the US, Signature Bank, Silicon Valley Bank, and Silvergate Bank, has sent shockwaves across the digital asset industry. According to some in the cr...
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...
Crypto Firms Report Funds Tied Up with Shuttered Signature Bank
On March 12, New York regulators and the United States Federal Deposit Insurance Corporation shut down Signature Bank, a crypto-friendly bank that had reportedly become a systemic risk to the US econo...
Signature Bank Closure, Strike Three For Crypto Banking Industry
Another setback for digital assets, as a lender Signature Bank was closed by US regulators to circumvent the banking crisis. The United States Treasury Department said on Sunday, March 12, 2023, that ...
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...
Binance converts remaining $1 billion in Industry Recovery Initiative to native crypto amidst concerns around stablecoins
On March 13, CZ tweeted that due to the changes in stablecoins and banks, Binance will be converting the remaining $1 billion funds in its Industry Recovery Initiative to native crypto. The native cry...
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...