(Bloomberg) — Stock market investors just got a harsh reminder about the risks posed by banking industry turmoil. Most Read from Bloomberg US stocks are heading for the worst week of the year af...
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Bitcoin hashprice drops as miners face possible 30% energy tax
Ad Bitcoin’s (BTC) hashprice has significantly plummeted in recent weeks, dropping to its early January levels — a potential sign that the mining bull run might be over. Hashprice measures the market ...
Ripple [XRP]: Short-term bears can gain more leverage only if…
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Higher and lower timeframe charts were bearish. N...
Labor Market Added 311,000 Jobs In February—But Unemployment Rate Unexpectedly Rose To 3.6%
Topline Amid waves of layoffs continuing to hit some of the nation’s largest employers, the unemployment rate unexpectedly ticked up last month despite the labor market gaining significantly more jobs...
Silicon Valley Bank Faces Financial Woes as Stock Is Halted, Sells $21 Billion Bond Portfolio at a $1.8 Billion Loss – Bitcoin News
On March 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% in the last 24 hours. SVB was forced to sell a $21 billion bond ...
Why Silicon Valley Bank’s crisis is rattling America’s biggest banks
The problems of two small banks on the West Coast are rippling across markets and causing new investor concerns about some of the country’s largest financial institutions. Why? Three words: rising int...
FED Supports Innovation with Guardrails for Bank’s Crypto Activity
The U.S Federal Reserve Vice Chairman Michael S. Barr cites findings on crypto assets. “Benefits of innovation can only be realized if appropriate guardrails are in place,” says Barr. Regulatory and s...
‘I don’t see another bank stepping in to help.’ Bill Ackman suggests government intervention to save Silicon Valley Bank parent.
“The failure of Silicon Valley Bank could destroy an important long-term driver of the economy as VC-backed companies rely on SVB for loans and holding their operating cash. If private capital can’t p...
Avorak AI Presale Gains Triple Digit
SPONSORED POST* Over the weekend, Avorak’s presale gained a triple digit holder count, increasing excitement and interest among crypto investors and users. This surge in interest comes as Avorak AI’s ...
I’ll be 60, have $95,000 in cash and no debts — I think I can retire, but financial seminars ‘say otherwise’
I will be 60 in September, have $95,000 in cash, work part time ($30,000 yearly) for insurance and contribute 10% plus the employer match of 8% to a small 401(k). My home and car are paid for, I don’t...
Bitcoin’s DeFi Functionality Boosted Thanks to Rootstock’s New Features and Locking Limit Removal
Rootstock improved its DeFi environment for the Bitcoin ecosystem with seven new solutions and moved closer to full decentralization. In February 2023, Rootstock integrated with seven additional proto...
‘She made about $15K last year off my money.’ My financial adviser is making money off the $1 million I invested with her — even though I’m losing money. What’s my move?
We started with $1 million dollars, and I expected to see it grow quite a bit, but instead I’ve been losing money over the past few years. Getty Images/iStockphoto Question: I am a single mom with thr...
Rutherford Atayobo Throws Light Upon the Web3 Gaming Platoform Si…
Exclusive live discussion with Rutherford Atayobo, the accomplished Chief Operating Officer of SinVerse – a revolutionary blockchain-based metaverse game that boasts a cutting-edge R-Rated Mafia...
Silicon Valley Bank Financial in talks to sell itself after attempts to raise capital have failed, sources say
The Silicon Valley Bank mobile app logo on a smartphone arranged in Riga, Latvia, March 10, 2023. Andrey Rudakov | Bloomberg | Getty Images SVB Financial, parent of Silicon Valley Bank, is in talks t...
Blockchain.com closes its asset management arm
Blockchain.com, a crypto services company, is suspending operations of its asset management subsidiary. The service had been operational for less than a year and appeared to be the latest casualty of ...
Jay Powell has another problem now: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday March, 10, 2023 Today’s newsletter is...
Deserted Logan Paul Game Built by DaoMaker’s Degen Zoo in Just 30 Days
28 seconds ago | 2 mins read NFT News By himself, Christoph Zaknun created Degen Zoo, an NFT game based on Logan Paul’s abandoned Crypto Zoo, in under 30 days. To refute Paul’s assertion that the deve...
5 Cryptos That Suffered During Altcoin Market Collapse
BeInCrypto looks at the five biggest altcoins losers in the entire cryptocurrency market this week, specifically from March 3 to 10. The altcoins that have fallen the most in the entire altcoin market...
Tesla Battery Supplier Beats Profit Estimates. It’s Citing Soaring EV Demand.
Tesla battery supplier Contemporary Amperex Technology, or CATL, beat annual earnings expectations Friday, strengthening its status as the world’s largest electric-vehicle battery maker. The Chinese l...
‘Too big to fail’ is back as Bill Ackman says government should consider a Silicon Valley Bank bailout
It’s looking like 2008 for some investors in the private markets. Venture investors and tech founders are in “sheer panic” after Silicon Valley Bank, a prolific lender and important banking institutio...
TrueFi (TRU) Price Prediction 2023-2030: Will TRU Price Hit $0.6 Soon?
Bullish TrueFi (TRU) price prediction ranges from $0.21 to $0.6. Analysis suggests that the TRU price might reach above $0.6 soon. The TRU bearish market price prediction for 2023 is $0.21. What is Tr...
Why is XRP down today
In this article, we will explore why XRP’s recent price decrease and discuss how it may perform in the coming days. As of March 10, XRP, the sixth-largest cryptocurrency by market cap, has seen a cons...
Standard Chartered to offer Bitcoin and crypto custody in EU through subsidiary
Zodia Custody Ltd., a Bitcoin and cryptocurrency custodian that Standard Chartered owns, has successfully obtained registration as a virtual asset service provider in Luxembourg, therefore extending i...
Vajram Exchange Chairman Confident Over Crypto Adoption in India
38 mins ago | 2 mins read Exchange News Vajraram Coin (VRC) is the native token of the Vajram exchange. The next stop of the Expo can be witnessed in Singapore. Vajram Exchange, a crypto exchange orig...
Bitcoin tumbles to 8-week low as bank failures, regulatory pressures weigh on crypto
Bitcoin (BTC-USD) fell more than 9% Friday morning to $19,700, a eight-week low. The largest cryptocurrency lost more than $52 billion in market capitalization value since Tuesday. Ahead of the releas...
ETH enters $1.3K price range; declines 10% in the last 24 hours
Ad Ethereum has tumbled more than 10% since trading began on Friday, entering the $1,387 range down more than 71% from its all-time high in November 2021. As the second-largest crypto by market cap be...
Uniswap v3 protocol will become free to use after business license expires on April 1
The underlying protocol of the biggest decentralized exchange, Uniswap version 3 (v3), is set to become completely free for use as open source software after the current Business Source License (BSL) ...
Focus crypto on Dash, Gala and Terra Luna
Dash, Gala, and Terra LUNA, a look at the most interesting cryptos subject to big collapses. Price analysis of Dash, Gala, and Terra LUNA cryptos. In this article we take a look together at how both D...
US Congressman warns CBDCs can be ‘easily weaponized’ to spy on Americans
US Representative Tom Emmer has expressed concerns over the introduction of programmable Central Bank Digital Currencies (CBDCs) in the United States, stating that it may compromise the financial priv...
Apple stock downgraded to sell by analysts at Lightshed
Apple Inc. stock AAPL, -0.49% was downgraded to sell from neutral by Lightshed analysts on Friday, based on a more conservative outlook for iPhone sales and moderating growth expectations for services...