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USDC Dollar Peg Takes Major Hit Amid High Volatility
Circle, the issuer of the USDC stablecoin is facing massive heat from the shutdown of the Silicon Valley Bank (SVB) on Friday, March 10. Circle has recently confirmed that it has $3.3 billion, of its ...
Kucoin under regulatory pressure, can shorting yield more gains
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The New York attorney general filed a lawsuit agai...
Circle discloses $3.3B tied up at Silicon Valley Bank
On March 10, Blockchain payment technology company Circle confirmed that wires initiated on Thursday to remove balances have not yet been processed, leaving $3.3 billion of its $40 billion USDC reserv...
Coinbase Pauses Conversions Between USDC and US Dollars as Banking Crisis Roils Crypto
While temporary, the pause speaks to the chaos that’s roiled the crypto industry’s second-largest stablecoin in the wake of Silicon Valley Bank’s demise. All day Friday crypto trader...
Today’s Wordle #630 Hint, Clues And Answer For Saturday, March 11th
How to solve today’s Wordle. In Pictures via Getty Images We live in fast-paced culture where change happens so rapidly, it’s hard to keep up. I’ve been thinking a lot lately about the effects t...
Coinbase halts conversion feature between U.S. dollars and USDC
Coinbase said Friday evening that it halted support for conversions between U.S. dollars and stablecoin USDC. “We are temporarily pausing USDC:USD conversions over the weekend while banks ...
Winners And Grades On March 10, 2023
Roman Reigns and Jey Uso reunite on SmackDown. Credit: WWE.com WWE SmackDown advertised Jey Uso coming home after he chose the Bloodline this past Monday in a dramatic heel turn against Sami Zayn. The...
Elon Musk Explores the Idea of Acquiring Silicon Valley Bank
On Friday, March 10, California Banking regulators announced the shutdown of the Silicon Valley Bank (SVB) Financial Group. SVB ran into major trouble with a bank run earlier this week and is the seco...
USD/JPY Forecast – US Dollar Gives Up Early Gains Against the Japanese Yen
USD/JPY Forecast Video for 13.03.23 US Dollar vs Japanese Yen Technical Analysis The US dollar initially tried to rally during the trading session on Friday but gave back gains as the Non-Farm Payroll...
SVB Depositors, Investors Tried to Pull $42 Billion Thursday
(Bloomberg) — Investors and depositors tried to pull $42 billion from Silicon Valley Bank on Thursday in one of the biggest US bank runs in more than a decade, according to a Friday regulatory f...
Silicon Valley Bank (SIVB) dropped 60%: Is Recession Knocking?
Silicon Valley Bank (SIVB) shares crashed by 60% on Thursday. Can it be said that recession is on the horizon? The company recently announced its plans to raise $2 billion-plus in the capital by selli...
SHIB’s correction cleared most of 2023 gains- Can bulls prevail?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion SHIB was in a bearish market structure. A sharp co...
Thiel’s Founders Fund Withdrew Millions From Silicon Valley Bank
(Bloomberg) — Peter Thiel’s Founders Fund had no money with Silicon Valley Bank as of Thursday morning as the bank descended into chaos, according to a person familiar with the matter. Most Read...
India Brings Crypto Transactions Under Prevention of Money Laundering Act – Regulation Bitcoin News
India’s finance ministry has announced that crypto transactions will be covered under the Prevention of Money Laundering Act, 2002 (PMLA). Noting that the move “is a positive step in recognizing the s...
AXS token price analysis: AXS token price traces back at $7.07
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Circle says $3.3 billion of USDC reserves are with Silicon Valley Bank
Circle, the crypto payments firm behind stablecoin USDC, confirmed late Friday evening that $3.3 billion of the cash backing its coin remain with Silicon Valley Bank. Circle, which had early tw...
SVB Spectacularly Fails After Unthinkable Heresy Becomes Reality
(Bloomberg) — Greg Becker sat in a red armchair at an invite-only conference in Los Angeles last week, legs crossed, one hand cutting through air. Most Read from Bloomberg “We pride ourselves on...
TWT token price analysis: Token price stamps down to $0.770
After being under intense bearish pressure the previous week, the price of the TWT token is currently trading above the demand zone, indicating bullishness. In a 4-hour period, the token price was abl...
This Growth ETF Has a Massive 11.4% Dividend Yield, and It Pays Monthly
The JPMorgan Equity Premium Income Fund (NYSEARCA:JEPI) has become a hit in the ETF world thanks to its 12.2% dividend yield and its monthly payout. While many investors are likely familiar with JEPI ...
Polkadot (DOT) Price Prediction – Don’t Miss Out On Chainlink (LINK) and Orbeon Protocol (ORBN)
Beginner cryptocurrency investors always have a hard time finding out which projects they should invest their money in for the best returns. However, this happens to more experienced investors as well...
A major Bay Area bank just failed. ‘Spectacular overpriced bubbles’ are going to keep popping, warns legendary investor Jeremy Grantham
As investors grapple with the abrupt failure of Silicon Valley Bank on Friday, many are wondering what its demise says about the market trouble that could lie ahead. Legendary investor Jeremy Grantham...
MATIC Price Analysis Points to 8-10% Relief Rally Ahead, But There’s a Catch
Published 6 seconds ago Silicon Valley Bank (SIVB), a crypto-friendly bank, experienced a significant decline of 60.4% in its share price on March 9th. This decline had a ripple effect on the crypto m...
Oscar-Nominated ‘Argentina 1985’ Inspired By Justice And Democracy, Says Director Santiago Mitre
Santiago Mitre poses with the Golden Globe award for Best Picture – Non-English Language for … [+] “Argentina, 1985” on January 10, 2023 in Beverly Hills, California. (Photo by...
SEC denies VanEck Bitcoin spot ETF for a third time; commissioners dissent
Ad The U.S. Securities and Exchange Commission (SEC) has once again rejected VanEck’s proposal for a Bitcoin spot ETF, according to a March 10 filing. SEC rejects VanEck Bitcoin ETF The relevant filin...
TRX Price Analysis: TRX price broke down its consolidation
1 TRX price after consolidating within a narrow range broke down its consolidation 2 TRX price might make a retest from the price of $0.067 After giving a bullish move in early January TRX has been c...
To Keep Open Its Supply Line Into Bakhmut, The Ukrainian Army Rolled In One Of Its Armored Bridgelayers
A U.S. Army bridgelayer in 1985. Wikimedia Commons Ukraine’s foreign allies have pledged to the war effort potentially dozens of armored bridgelayers. And the ongoing battle for Bakhmut has illustrate...
Filing shows BlockFi has uninsured $227M in Silicon Valley Bank MMMF
According to a new bankruptcy filing, defunct crypto lender BlockFi has $227 million worth of uninsured funds allocated to a money market mutual fund (MMMF) offered by troubled Silicon Valley Bank (SV...
CFTC Chair Insists Ether Is a Commodity, Not a Security as Claimed by SEC Chairman – Regulation Bitcoin News
The chairman of the Commodity Futures Trading Commission (CFTC) has insisted that ether is a commodity, not a security as claimed by the chairman of the Securities and Exchange Commission (SEC). The C...
Optimism: Can this new announcement save OP from the bear attack
Optimism announced that voting for its Retroactive Public Goods Financing (RetroPGF) was ongoing, at press time. Daily active addresses of OP increased but market indicators supported the bears. Opti...
SoFi CEO Noto makes ‘opportunistic’ million-dollar stock purchase as SVB crisis fuels selloff
As SoFi Technologies Inc. shares fell Friday amid the fallout over Silicon Valley Bank’s collapse, the financial-technology company’s chief executive bought up stock. SoFi Chief Executive Anthony Noto...