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...
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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...
NEAR coin price analysis: Bulls overpower bears as coin rests
On a Daily time frame, the NEAR coin price is trading in the supply zone after strongly bouncing off the demand zone. As it formed a bullish candlestick pattern, the coin price bounced off the demand ...
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...
Regulators shuttered Signature Bank to show ‘crypto is toxic’
Crypto panic sparked a deposit run on Signature Bank, former Rep. Barney Frank said, but he argues that the bank had already stabilized before New York state regulators stepped in to close the crypto-...
Countdown To The All-New PrimeXBT Crypto Futures Platform
PrimeXBT is an innovative trading platform that is always ahead of the latest trends in finance and across crypto. In the latest evolution of the brand, the award-winning PrimeXBT is almost ready to d...
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...
Updated Bitget’s Shark Fin Product Gives Industry-Leading 5% APR
Shark Fin becomes the high-yield product with the highest APR in the market. The updated version launched by crypto derivatives exchange Bitget is now providing risk-averse investors with a 5% yield. ...
Crypto investment products see largest outflows on record amid SVB collapse
Cryptocurrency investment products lost 10% of assets under management last week as institutional investors rushed for the exit during the latest episode of market volatility prompted by the Silvergat...
Messari’s Ryan Selkis: “Crypto Won’t Die Under Federal Pressure”
Ryan Selkis recently highlighted the crackdown on crypto by federal agencies in the U.S. Selkis believes that the crypto industry will not succumb under Federal pressure. The four big banks in the U.S...
Fifth week of losses in crypto investment products sees $255M withdrawals
Ad Digital asset-based investment products saw $255 million in outflows during the week of Mar. 6 – 12, marking the fifth consecutive week of losses, according to CoinShares’ weekly report. The amount...
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...
Three Major Crypto Firms are Victims of Signature Bank Debacle
Signature Bank has been shut down by the New York Department of Financial Services. Crypto firms like Coinbase, Celsius, and Paxos revealed their exposures to Signature Bank. The fall of Signature Ban...
Crypto Lender Euler Finance Falls Prey To $197 Million DeFi Flash Loan Attack
– Advertisement – Summary: Euler Finance was drained of DAI tokens, staked Ether, USDC, and wrapped Bitcoin after a flash loan attack. On-chain security firms BlockSec and Peckshield said ...
US Could Fall Behind In The Race To Lead Crypto Revolution, Here’s Why
The United States which has always been the world’s second leading country in technology after Japan is about to step down to lose its race as a leader in cryptocurrency innovation and technology. Ove...
Cardano Founder Brings Up Crypto Collaterals; US Bank Collapse
Cardano Price News: Cardano founder Charles Hoskinson made subtle remarks over the ongoing crisis surrounding the failure of Silicon Valley Bank and the Signature Bank. He made the comment in the wake...
LTC, ETC 15% Higher, as Crypto Markets Rebound on Monday – Market Updates Bitcoin News
Litecoin was back in the green on March 13, as cryptocurrency markets rebounded to start the week. The token rose by as much as 15% in today’s session, with the global crypto market cap trading nearly...