U.S. Congressman Stephen Lynch (D-MA) recently voiced his concerns regarding the potential impact of a U.S. central bank digital currency (CBDC) on other cryptocurrencies. Lynch’s concerns are not unf...
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GBP/CAD gets overbought as BoC and BoE divergence widens
The GBP/CAD price continued its remarkable comeback as a divergence between the Bank of Canada and England emerged. It jumped to a high of 1.6512, the highest level since February 28. It has jumped by...
Today’s Wordle #629 Hint, Clues And Answer For Friday, March 10th
How to solve today’s Wordle. NurPhoto via Getty Images Thank wombat, it’s Friday! For some, this means the light at the end of this week’s tunnel, with the weekend hurtling toward us. I work eve...
‘Sheer panic’ has gripped Silicon Valley VCs and founders amid worries that the startup industry’s most important bank is in trouble
Silicon’s Valley’s clubby world of venture capital investors and entrepreneurs plunged into panic on Thursday amid fast-spreading reports of financial trouble at one the startup industry&#...
Why Friday’s Jobs Report Won’t Save The S&P 500 From Fed Hawks
The Federal Reserve’s data-dependence might suggest that a more mild jobs report on Friday and tamer CPI inflation reading next week could still result in just a quarter-point rate hike on March...
Steve Forbes Says the Fed Is ‘Inflicting Unnecessary Pain’ With Interest Rate Hikes – Economics Bitcoin News
Media mogul Steve Forbes, chairman of Forbes Media, has warned that the Federal Reserve is “inflicting unnecessary pain” on the U.S. economy with its interest rate hikes after Fed Chair Jerome Powell ...
Will Shiba Inu Coin Lose $0.00001 Psychological Support Amid Market Sell-off?
Published 9 seconds ago In the February month consolidation, the Shiba Inu coin showed the formation of a descending triangle pattern. Under the influence of this bearish pattern and increasing bearis...
One Bank Folds, Another Wobbles and Wall Street Asks If It’s a Crisis
(Bloomberg) — Silvergate Capital Corp.’s abrupt shutdown and SVB Financial Group’s hasty fundraising have sent US bank stocks diving and tongues wagging across the industry: Could this be the st...
ETHは有価証券との見解、NY司法当局がKuCoinを提訴
NY司法当局がKuCoinを提訴 米ニューヨーク州の司法当局が、同州にて未登録で事業を行ったとして、暗号資産（仮想通貨）取引所クーコイン（KuCoin）を提訴したと3月9日発表した。 司法当局はクーコインに対し、証券やコモディティとなるETH・LUNA・テラUSD（UST）を含む暗号資産をクーコインが売買したと指摘している。 司法当局は申し立て書にて「ETHはLUNAやUSTと同様に、ETHの保有...
Bitcoin tumbles to 7-week low as bank failures, regulatory pressures weigh on crypto
Bitcoin (BTC-USD) fell more than 7.5% late Thursday to $20,300, a seven week low for the largest cryptocurrency. “This remains a tough environment for crypto. Bitcoin could see further selling pressur...
Investors dump US bank shares amid fears over value of bond portfolios
Investors wiped $52.4bn off the market value of the four largest US banks by assets on Thursday amid a widespread sell-off of financial stocks that analysts linked to investor fears over the value of ...
Biden’s new budget cuts $31 billion in tax breaks for oil companies
President Biden’s 2024 budget released Thursday includes yet another broadside from the White House against oil companies. The budget proposal — which Republicans have said is going nowhere on Capitol...
MakerDAO Proposes to Increase Treasury Bond to $1.25 Billion
Decentralized finance (DeFi) protocol and issuer of the DAI stablecoin MakerDAO has proposed to deploy another round of funds to invest in the United States Treasuries to enable it to take advantage o...
US bank woes? Silicon Valley Bank stocks plunge 1 day after Silvergate downfall
Fears have been heightened over the future of another United States bank this week after Silicon Valley Bank (SVB) announced a significant sale of assets and stocks aimed at raising additional capital...
Crypto VCs urge portfolio companies to pull funds from Silicon Valley Bank
Crypto-focused venture capital investors have advised their portfolio companies to withdraw funds from Silicon Valley Bank, which is struggling to reassure clients after moves to shore up its balance ...
Ethical Crypto Hackers Aren’t Doing It for the Money, Apparently
According to a recent survey by Immunefi, white hat hackers mostly crack crypto to solve technical problems. Whether you believe that is up to you. On Thursday, Immunefi, a bug bounty platform for Web...
XRP’s week has been an anomaly, but here’s why it may or may not remain so
XRP bulls dominate after losing correlation with the rest of the market Bears may soon regain control as volatility and network growth have slowed down XRP has turned out to be one of the best hedges ...
The Top Factors Driving Demand For Euro-backed Stablecoin
-Due to the increasing regulation around the world of crypto, many are turning to stablecoins as a way to avoid regulations. When it comes to digital assets and cryptocurrencies, one of the most impor...
Credit Suisse Postpones Its Annual Report
The management of the company, in a statement, said that it will be wise to postpone the publication for a short period of time to examine and understand more completely the comments received. Credit ...
Audius Launches Token-Gated Content for NFT Token Holders
Web3 music streaming platform Audius announced a new feature that would grant artist NFT owners exclusive access to gated tracks. Artists without sovereign NFT collections can also allow holders of NF...
Bitcoin slips under $20K amid Biden budget, Silvergate collapse
The price of the Bitcoin (BTC) briefly slipped below $20,000 for the first time in nearly two months, following the latest budget from United States President Joe Biden and the collapse of “cryp...
Tiger Woods’ NDA – Will It Hold Up To Ex-Girlfriend Erica Herman’s Legal Opposition?
Erica Herman is currently awaiting the nullification of an NDA agreement, a common practice amongst … [+] celebrities and athletes. AFP via Getty Images Contributing author: Morgan Fraser Mouche...
CBDCs could be ‘easily weaponized’ to spy on US citizens: Congressman
United States Congressman Tom Emmer believes the launch of programmable central bank digital currency (CBDC) in the country could strip American citizens of their financial privacy. Speaking at the Ca...
‘I anti-endorse these projects’ — Buterin’s shitcoin war sees him sent another 250K
Ethereum co-founder Vitalik Buterin’s latest salvo against “shitcoins” has ended up with him simply being sent more of it. Only days ago, the Ethereum developer made moves to sell over $700,000 ...
Fed Chair Powell Provides Update on US Central Bank Digital Currency – Regulation Bitcoin News
Federal Reserve Chairman Jerome Powell has provided an update on the Fed’s central bank digital currency (CBDC) work in a hearing before the House Financial Services Committee. While stating that the ...
Top 5 NFT platforms that can bring out your inner artist
These platforms allow users to trade, buy or sell digital. NFTs are not limited to art and collectibles, but can be used to create a marketplace of goods and services. NFTs are revolutionising the wa...
Bitcoin Falls Below $20K as 2023 Rally Reverses
“Silvergate is one of several factors in Bitcoin’s underside test, ” Joe DiPasquale, CEO of crypto fund manager BitBull Capital, wrote in an email to Coindesk. “In addition to Silver...
‘Shrinking’ To Return For Season 2 On Apple TV+
LOS ANGELES, CALIFORNIA – JANUARY 26: (L-R) Jason Segel and Harrison Ford attend the premiere of … [+] Apple TV+’s “Shrinking” at Directors Guild Of America on January 26...
Opinion: The stock market is telling you loud and clear: Now is not the time to fight the Fed or stand up to the bears.
The S&P 500 Index SPX, -1.85% hit resistance this week when an oversold rally failed near the 4080 level. This continues to support the idea that the index’s rise above 4100 in early February was ...