The Bitcoin market has struggled to overturn $25k to a support line despite the recent spike to $26.5k earlier this week. On the Bitcoin daily chart, a bearish reversal pattern that looks identical to...
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Credit Suisse shares soar 30% on Swiss National Bank loan announcement
A branch of Swiss banking giant Credit Suisse behind a window under the rain, in Basel. (Photo by FABRICE COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images) Fabrice Coffrini | Afp | Gett...
FTX identify over $3B transfer to SBF, others
FTX management said Sam Bankman-Fried (SBF) and other top executives of the bankrupt firm received $3.2 billion in payments and loans — mainly from its sister company, Alameda Research. According to a...
SEC Chair Says PoS Crypto Tokens are Securities, Clashes with CFTC
The United States Securities and Exchange Commission Chairperson Gary Gensler reiterated that all proof-of-stake (PoS) crypto tokens should be registered as securities. According to Gensler, creators ...
Circle CEO Jeremy Allaire Warns Contagion Risks Not Completely Gone Following USDC Depeg
Circle CEO Jeremy Allaire believes that the risks to the banking system haven’t completely disappeared days after the US federal government stepped in to protect depositors of the now-collapsed Silico...
SEC chair Gensler suggests classifying PoS tokens as securities
SEC Chairman Gensler has emphasized that specific tokens that utilize staking protocols may be classified as securities under US law due to the returns earned by their holders. On March 15, SEC Chair ...
Shiba Inu Lead Developer Bashes Bitboy as Shibarium FUD Gains Momentum
Shibarium developers fend off Rinia fork claims. Shytoshi Kusama, Shiba Inu’s anonymous volunteer lead developer, has taken a jab at popular crypto Youtuber Ben Armstrong, aka Bitboy Crypto. “Hey @Bit...
Shibarium Blockchain Drama Causes 10% Drop in Shiba Inu (SHIB) Price
The Shiba Inu (SHIB) ecosystem has been thrilled by the launch of the Shibarium layer 2 public testnet. However, the rehearsal dance stopped after a discord user spotted a discrepancy in Shibarium cha...
Novogratz confidently bullish on BTC amid US bank crisis
Mike Novogratz believes that now is the time to invest in gold and bitcoin due to the current state of the US credit market. Even if he foresees challenging times ahead for the economy of the United S...
Signature Bank Buy Deadline Set, But Buyers Must Drop Crypto
Sources have said that those who acquire Signature Bank must drop the latter’s crypto business, according to Reuters. The deadline for the bids is March 17. Reuters reports are emerging that people cl...
Ark Invest raises $16M for Cathie Wood’s new private crypto fund – Cryptopolitan
According to a Wednesday Securities and Exchange Commission filing, Cathie Wood’s Ark Invest raised $16 million for a new fund. The private fund, which is registered in the United States and the Cayma...
Shibarium Exposed as Clone, Shiba Inu Community Left in Turmoil
Alex Dovbnya Shibarium, Layer 2 solution developed by Shiba Inu community, has been accused of being clone by member of Shiba Inu growth team; accusation stems from Shibarium’s testnet having sa...
SBF and top FTX executives received $3.2 billion from Alameda
Reuters reported that the former CEO of FTX, Sam Bankman-Fried (SBF), has shared over $3.2 billion with some of the firm’s founders and top executives. The funds — delivered as payments and loans — we...
Microsoft Stock: GPT-4 Improves Microsoft Position In AI
The release of the latest version of OpenAI’s artificial intelligence-powered chatbot will bolster Microsoft‘s (MSFT) position as a leader in the AI market, a Wall Street analyst says. Mic...
Federal Reserves’ Instant Payments System ‘FedNow’ To Debut in July
33 seconds ago | 2 mins read Bitcoin News The Fed will start “formal certification of participants” in the first week of April. Production validation efforts will be carried out in June by the Fed. Th...
Coinbase Delisting Six Major Altcoins: Here’s The Real Reason!
Coinbase Global, the largest digital asset trading platform in the U.S., has announced that it will suspend the trading of six major cryptocurrencies from its platform. The decision comes after a rout...
Circle Clears Nearly All Minting And Redemption Backlog For USDC
The issuer of the USDC stablecoin, Circle, has stated that it has cleared “substantially all” of the redemption and minting requests for USDC. The announcement comes after the issuer revealed that it...
Auto-Burn and Auto-withdraw Options May Come to Terra Classic Staking
A proposal aiming to introduce both features on Terra Station has been submitted. Terra Classic (LUNC) could start seeing an auto-burn and an auto-withdraw option for its staking mechanism, as a propo...
LINK establishes a lower high at $6.62 as support materializes – Cryptopolitan
According to the Chainlink price analysis, today has seen a return of the bulls. While bulls have dominated the charts since March 12, 2023, when the cryptocurrency trend turned bullish after a protra...
Smartsheet Stock Surges on ‘Surprise’ Profitability
Smartsheet shares rose sharply Wednesday after the provider of work-management software pleasantly surprised analysts with its earnings report for the fiscal quarter ended Jan. 31. Smartsheet (ticker...
As Virgin Orbit stock collapses, is Virgin Galactic (SPCE) any better?
Virgin Orbit (NASDAQ: VORB) stock price cratered by over 31% in extended hours after the company neared the verge of bankruptcy. The firm has furloughed employees and started raising capital to save i...
Goldman bought the portfolio SVB reportedly booked losses on
Goldman Sachs was the purchaser of the bond portfolio that Silicon Valley Bank booked a $1.8 billion loss on, setting SVB’s failure into motion. SVB revealed the news on Tuesday. The loss was th...
Binance Discontinues Deposits, Withdrawals For UK Customers: Details
Binance, the world’s largest cryptocurrency exchange by trading volume, has temporarily halted deposit and withdrawal services for its customers in the United Kingdom using bank transfers and card pay...
Circle ‘substantially clears’ backlog of USDC redemptions
Circle — the embattled operator of stablecoin USDC — claims to have “cleared substantially all of the backlog of minting and redemption requests for USDC.” The statement comes via an...
ChangeNOW expands in Hong Kong, pursues SFC license with new regulations
Amidst ambiguous regulatory environments that threaten the United States’ position as a crypto hub, Hong Kong may become a global nexus for digital assets. The Securities and Futures Commission (SFC) ...
MakerDAO: How RWA holdings contributed to profits amidst stablecoin saga
MakerDAO’s RWA holdings led to profits amid stablecoin market issues. Protocol maintains stability but faces a decline in unique users. The stablecoin market faced a significant challenge as USD Coin ...
Have Shiba Inu Devs Copied The Shibarium Code?
The Shiba Inu community is facing a potentially huge scandal. Did the developers copy the code for Shibarium from another blockchain? After the beta version of Shibarium was released a few days ago, m...
Crypto Whales Ditch Shiba Inu (SHIB) and Blur (BLUR) – Here’s Why They’re Backing the TMS Network (TMSN) Presale Event
The cryptocurrency market is up following the collapse of two US banks, but not all increases are equal. While Shiba Inu (SHIB) and Blur (BLUR) started the month strong, investors are now ditching bot...
Big Eyes Coin: Get Your Loot Boxes Today
SPONSORED POST* The competition for top tokens in the cryptocurrency market is getting more intense, as token platforms keep adding more contemporary features by the year. Big Eyes Coin (BIG) will c...
Just-In: XRP Lawyer Looks To Build Union Against US SEC Enforcement
XRP News: U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has launched multiple enforcement actions over digital asset related firms over the past few months. In his latest comments, ...
Fed’s BTFP May Administer $2 Trillion to US Banks, States JP Morgan
JP Morgan commented that the Fed’s BTFP would reduce the liquidity crunch in the US Banking system. The Federal Reserve has announced the introduction of BTFP, a funding program to help US banks. As p...
Federal Reserve says FedNow will go live in July
The U.S. Federal Reserve has announced that its FedNow service will launch this summer, as seen in a statement from the agency on March 15. FedNow service to launch in July The Federal Reserve said th...