The failure of Silicon Valley Bank seems to have unraveled a range of financial difficulties within the US banking sector. That the rising interest rates made matters worse for many banks is sufficien...
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STX bulls secure strong weekly lead courtesy of these upgrades
STX became one of the biggest gainers recently after pulling off a 90% plus rally. A look at stacking, is one of the potential reasons behind the strong demand. Stacks is currently going through one o...
‘Next Round of Bailouts Is Here’ — Bitcoin and Precious Metals Soar Amid Speculation of Fed Policy Change – Bitcoin News
At around 7:30 a.m. ET, the price of bitcoin skyrocketed past the $27,000 range to a high of $27,025 per unit. Precious metals, or PMs, like gold and silver, also rose between 1.98% and 2.12% against ...
Silicon Valley Bank parent firm files for bankruptcy protection
SVB Financial Group, the parent company of Silicon Valley Bank, has filed for bankruptcy protection, according to a press release from the company on March 17. SVB files for reorganization The announc...
DeFi sees its biggest hack in 2023 as Euler loses $197M: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The DeFi ecosystem wa...
USDC depeg will hinder stablecoins’ growth, increase regulatory scrutiny: Moody’s
Recent turmoil in the traditional banking sector, culminating in USD Coin (USDC) losing its peg, could negatively affect stablecoin adoption and potentially increase calls for regulation, argues credi...
What is Coinbase Expecting from Ethereum’s Shapella Upgrade?
The recent tweet by Coinbase shows that it is expecting high demand for Ethereum unstaking alongside its latest upgrade. The crypto exchange announced that unstaking requests may take some time, even ...
Coinbase Reportedly Eyeing Global Expansion Amid Regulatory Scrutiny
30 seconds ago | 2 mins read Exchange News The exchange informed the agency there is no way it will register with the SEC. Coinbase said recently that the digital assets it lists are not securities in...
Pfizer Stock Price Prediction: PFE Rising From Ashes, at 52-week Low
Pfizer stock price has made its new 52-week low on Monday’s trading session. Pfizer share price increased 0.22% during Thursday’s trading session with an opening price of $40.06 and a closing price of...
Bank of America said to be buying Signature Bank, tweets Bill Ackman
Taking to Twitter on March 17, investor and renowned short-seller Bill Ackman said Bank of America has plans to step in and acquire distressed U.S. Signature Bank, one of three banks that went into fo...
Hong Kong SFC Grants Signum Digital Approval For Security Token Offering
6 seconds ago | 2 mins read Exchange News Security tokens are a new kind of digital asset based on blockchain technology. Signum Digital claims it will operate the STO platform under the CS-Pro brand....
The Block: Bitcoin mining report: March 17
Bitcoin mining stocks tracked by The Block were higher on Friday, with 16 gaining and two declining. Bitcoin rose 7% to $26,774 by market close. © 2023 The Block Crypto, Inc. All Rights Re...
Solana NFT marketplace Formfunction to shut down
Solana NFT marketplace, Formfunction, has announced that it will shut down on March 29, saying it “cannot continue to operate.” The marketplace is set to close after only 13 months of operation. In a ...
Dow Sinks 400 Points As Top Banks Shed Another $54 Billion
Topline Major stock indexes plummeted yet again Friday as investors seemed largely skeptical of a government-backed plan for large banks to save the slumping First Republic bank, which many feared was...
“Buy the F***ing Pivot:” Arthur Hayes on Bank Bailouts and Bitcoin’s “Endgame”
BitMEX co-founder and crypto-essayist Arthur Hayes published a lengthy blog post on Thursday breaking down the Federal Reserve’s new program to protect the banking system – and what it means for Bitco...
Bitcoin options reach highest point since 2021 amid banking crisis
Bitcoin option volumes reached their highest point since October 2021 when the price of bitcoin reach a high of over $60,000 amid a crisis in banking. The volume of bitcoin options trading was $...
Marathon Digital Lost $687 Million In 2022, Q4 Revenue down 58%
– Advertisement – Bitcoin miner Marathon Digital posted a loss of $687 million for the year 2022. The firm’s fourth-quarter revenue fell by 58% to just $28.4 million. The Bitcoin miner’s...
Lance Reddick, Destiny 2’s Commander Zavala, Dies At 60
LOS ANGELES, CA – JUNE 16: Actor Lance Reddick attends the Destiny booth at the E3 convention at … [+] the Los Angeles Convention Center on June 16, 2015 in Los Angeles, California. (Photo...
Coinbase’s proposed overseas trading venue would offer derivatives: Sources
Published 20 minutes earlier on Crypto exchange Coinbase is exploring launching an offshore platform to trade perpetual swaps tied to cryptocurrencies, according to two sources familiar with the firm’...
Altcoins To Thrive in the Upcoming Bull Market- Do You Hold Any?
The crypto market appears to have gained significant strength as the majority of the tokens have been witnessing a significant upswing in the past few days. However, altcoins like Cardano and Solana w...
Ex-Ethereum Foundation Developer Joins Polygon
Hudson Jameson, a core developer liaison who previously worked with the Ethereum Foundation, the non-profit organization behind the world’s largest smart contracting platform, has joined Polygon. Jame...
Is trading stocks and crypto really a gamble?
You can make money trading stocks and cryptocurrencies, as well as from wagering your money on the outcome of a given scenario. But while there’s losing and winning in both cases, saying that trading ...
Verification Subscription on Instagram and Facebook Launched in the U.S
Monthly fees for Meta Verified are $11.99 for desktop and $14.99 for mobile. Zuckerberg announced the launch of Meta Verified in the United States on Friday. The launch of Meta Verified on Instagram a...
Top Crypto Analyst Plots What’s Next for Bitcoin As BTC Breaks Through $26,000
A widely followed crypto analyst is warning Bitcoin (BTC) traders that a correction may be on the horizon as the king crypto blasts through $26,000. Crypto trader Michaël van de Poppe tells his 652,20...
$MBLK Token Private Sale Exceeds Expectations, Sets Stage for IDO Success
Dubai, United Arab Emirates, 17th March, 2023, Chainwire ZOGI Labs, a multidivisional blockchain company and gaming studio established in May 2021, and the team behind the revolutionary MMORPG Legends...
$MBLK Token Private Sale Exceeds Expectations, Sets Stage for IDO Success – Cryptopolitan
Dubai, United Arab Emirates, 17th March, 2023, Chainwire ZOGI Labs, a multidivisional blockchain company and gaming studio established in May 2021, and the team behind the revolutionary MMORPG Legends...
Gemini founder Tyler Winklevoss describes US banking system as unequal
Gemini Exchange co-founder Tyler Winklevoss described the US banking system as a modern-caste system where the people with the top banks are protected while the rest are exposed to risks. In a March 1...
Lidar Maker Luminar Accused Of Using Image Of Rival’s Chip In Investor Conference
A vehicle with Luminar’s lidar sensor shows off its safety system during CES in Las Vegas in January 2022. AFP via Getty Images Luminar, a leading maker of laser lidar for self-driving and semi-...
Binance replaces BUSD in SAFU Fund with TUSD & USDT
Cryptocurrency exchange Binance announced on March 17 that it has replaced BUSD holdings in the Secure Asset Fund for Users (SAFU) with TrueUSD (TUSD) and Tether (USDT). The move comes in response to ...
Bahrain Battles Critics As It Hosts The World’s MPs
Delegates at the 146th assembly of the International Parliamentary Union, held in Bahrain from March … [+] 11-15, 2023 IPU Bahrain has faced an uncomfortable week hosting hundreds of parliamenta...
Will Bitcoin Price See Correction Ahead Of Key FOMC Decision?
The US Federal Reserve’s Federal Open Market Committee (FOMC) is set to convene next week between March 21-22, 2023. While the central bank will have to address the issue of containing inflation, it w...
UK Introduces Crypto Self-Assessment Section on Tax Return Forms ⋆ ZyCrypto
Advertisement     The new policy would go into effect next year as part of a wider agenda by the UK government to regulate cryptos. There is currently no international...