Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve Banking – Economics Bitcoin News

After the failure of Silicon Valley Bank (SVB), a great deal of Americans are starting to realize the dangers of fractional-reserve banking. Reports show that SVB suffered a significant bank run after...

Can Uniswap, Curve and Aave reap the benefits of USDC’s fall

Uniswap witnessed a high surge in activity due to SVB’s collapse.  However, its UNI token didn’t see the same growth. The fall of SVB has brought a shockwave to many investors in the crypto community....

New Bank Run Already Underway at Second Regional Bank After SVB Collapse, Says Investor David Sacks

Former PayPal executive, tech investor and entrepreneur David Sacks says another bank run is already underway at a second regional bank following the abrupt collapse of Silicon Valley Bank. In a new i...

ADA price trades above $0.30, a bullish trend to follow? – Cryptopolitan

The Cardano price analysis shows a bullish trend in the cryptocurrency as it has moved above the $0.3044 mark after a brief dip. The digital asset is now recovering and is up 3.60 % over the past 24 h...

As March Madness Begins, It’s Time For Women To Play For The Money

SPOKANE, WA – MARCH 27: Stanford Cardinal players celebrate after beating the Texas Longhorns 59-50 … [+] during the Elite 8 round of the 2022 NCAA Womens Basketball Tournament held at Spo...

SAND coin price analysis: SAND Coin Price Poised for Reversal

On a daily time scale, the price of the SAND coin is circling close to the demand zone. On a daily time period, the price of the SAND coin is exhibiting a falling wedge pattern. The price of the SAND/...

‘Scream VI’ Sets Franchise Record With $44.5 Million U.S. Debut

Topline Scream VI, the latest installation of the long-running horror movie franchise, grossed an estimated $44.5 million domestically in its opening weekend, Paramount said Sunday, setting a record f...

Investors confident in avalanche, DigiToads, and cardano in 2023 despite recent losses

The cryptocurrency industry is no stranger to the bull market, which describes the upswing in crypto asset prices. With the potential for gains, many investors are constantly looking for the next init...

Crypto Platform Huobi Exchanged $100,000,000 USDC for DAI During Stablecoin Depegging Scare: On-Chain Data

Crypto exchange Huobi converted $100 million worth of USD Coin (USDC) to Dai (DAI) as uncertainty spread in the stablecoin market this weekend, on-chain data shows. According to blockchain tracking fi...

Bank of London bids to acquire Silicon Valley Bank’s UK arm

Global clearing institution Bank of London has submitted a formal proposal to acquire the Silicon Valley Bank’s subsidiary in the United Kingdom, according to a statement disclosed by Reuters on...

Banks To Innovate With Caution On Crypto-Asset-Related Activities

Advertisement &nbsp &nbsp There is a need to balance crypto innovation with safeguards, and banks engaging in or planning to engage in crypto-asset-related activities should t...

Bitcoin (BTC) Reclaims $21,000 Amid SVB Chaos

Alex Dovbnya As Silicon Valley Bank’s sudden collapse sends shockwaves across the technology industry, the price of Bitcoin soared to an intraday high of $21,605 on the Bitstamp exchange The pri...

Hedera: As chain returns online, HBAR continues its journey down south

Following a period of downtime, Hedera has resumed operations. HBAR suffers a liquidity exit that has driven its price down. Following several hours of downtime on 10 March due to an exploit of the Sm...

Bitcoin Price Fall Ignites Huge “Buy The Dip” Moment For Whales As BTC Accumulation Heightens ⋆ ZyCrypto

Advertisement &nbsp &nbsp Despite the recent Bitcoin crash to sub-$20,000 and the subsequent failure of crypto-affiliated lender Silicon Valley Bank pinning markets down, big ...

Mac Crypto Trojan Horse Discovered, Apple Chips A Rich Target

Minneapolis-based cybersecurity firm Jamf Threat Labs found a crypto-jacking program well hidden in pirated copies of Apple’s Final Cut Pro. Jamf warns Apple chip speed will make Macs increasingly pop...

Is Freddy The Longest-Living Tropical Cyclone In Recorded History?

Cyclone Freddy Track (2023) Meow using WikiProject Tropical cyclones/Tracks/NASA/NOAA/NRL We can be a little Atlantic-centric here in the United States when it comes to hurricanes. However, they do ha...

Ethereum Classic Price down 13%, Will ETC price hold $15 support?

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Binance CEO CZ ‘Banks are a risk to fiat-backed stable coins’ in reaction to SVB, USDC Depegging

Meanwhile, Binance is not alone in considering a move into traditional finance; Kraken has also stated its intention to open a bank. Read more: Kraken eyes own bank amid regulatory scrutiny The collap...

How Population Trends Are Impacting The Future Of Work

At the same time people are living longer, the fertility rate is dropping. Combined with lower … [+] immigration, these demographic trends have employers scrambling for talent. getty According t...

Can XRP reach 1$ still after such CRASH?

The XRP coin has performed relatively well in the past few days despite the crypto crash. In the last 7 days, XRP has lost only 7 percent in value and is the best among the major cryptocurrencies. So ...

Bitcoin rises to over $21k, as shorts get squeezed out and returns to pre SVB price levels

Bitcoin made a high on March 12, to $21,500, as futures markets prepared to open in the next few hours. Over $100 million of liquidations occurred in the past 24 hours Markets have been net short Bitc...

DOT obtains positive momentum at $5.47 after a bullish run – Cryptopolitan

The most recent Polkadot price analysis shows that the cryptocurrency is gaining positive momentum, with DOT reaching $5.47 and seeing an impressive 2.15 percent increase over the past 24 hours. The p...

SHIB Price Analysis for March 12

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all tradi...

You have an elegant fix for the Silicon Valley Bank crisis

“CNBC Special: America’s Banking Crisis” airs Sunday at 7 p.m. ET, where Jim and other experts will discuss the ramifications of Silicon Valley Bank’s demise on the economy and...

Auction process is reportedly underway to find a buyer for Silicon Valley Bank

A sign is posted in front of the Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. Justin Sullivan | Getty Images Federal regulators are conducting an auction for Si...

How Mixed Reality Affects Habits and Enables People to Achieve Imposible Things – Cryptopolitan

Mixed reality (MR) is the combination of both virtual reality (VR) and augmented reality (AR). MR blurs the boundaries between physical and digital by creating a space where users can interact with bo...

South Korea Announces Dedicated Funding To Boost Metaverse Projects

The Ministry of Science and ICT of South Korea has announced funding for a special fund. The government acknowledges that it is challenging for local players to obtain funds. South Korea has doubled d...

Privacy Centric Brave Browser Now Allows Crypto Asset Selling Inside of Wallet Extension

Privacy-focused browser Brave just added a new feature that gives users the ability to sell crypto assets within its native Web3 wallet. The software firm says Ramp Network’s off-ramp solution is now ...

USDC Volatility Lifts Bitcoin’s Coinbase Premium to 3-Year High

“When news broke that Circle’s funds were stuck in Silicon Valley Bank, users rushed to redeem their USDC for USD,” Ignas said. “On Coinbase, users could redeem 1 USDC for $1.0...

Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow – Bitcoin News

The U.S. Federal Deposit Insurance Corporation (FDIC) began an auction process for Silicon Valley Bank (SVB) late Saturday night, according to reports. Final bids are due by Sunday afternoon. Unnamed ...

Silicon Valley Bank Willl Not Get a Bailout Confirms Janet Yellen

According to Reuters, U.S. Treasury Secretary Janet Yellen confirmed that the failed Silicon Valley Bank (SVB) would get help from the government but ruled out a bailout for the bank. Reacting to call...

Assessing Tron CEO Justin Sun’s take on SVB saga and USDC depegging

Justin Sun revealed his thoughts on the USDC depeg and was worried about its impact. TRX bounced courtesy of accumulation during its brief dip into oversold territory. Tron founder and CEO Justin Sun ...