Do you wonder why Bitcoin is King? Ever since its inception in 2009, Bitcoin has become the most important cryptocurrency on the market. With a current market capitalization of over $424 billion and d...
News
The US government will only help Silicon Valley Bank depositors
On Mar. 12, United States Treasury Secretary Janet Yellen assured Silicon Valley Bank (SVB) depositors that policies were being discussed to recover lost funds. Bail Out or Not Speaking during CBS’s F...
South Dakota’s Governor Vetoed HB 1193 Bill on Money Definition
The Governor of South Dakota vetoed the new proposal of changing the definition of money. The bill considers Central Bank Digital Currencies (CBDC) as money does not recognize any other digital asset ...
A Latest Layer-2 Solution that Solve DeFi Token Bridge Pitfall
Decentralized finance (DeFi) token bridges are essential for interoperability between different blockchain networks. However, these token bridges can have some pitfalls such as high transaction fees, ...
DWAC Stock Price is Near its 52-Week Low; Down 13% in 1 Month
Digital World Acquisition Corp (NASDAQ:DWAC) stock price performing near to its 52-week low. DWAC is a blank check company, whose focus includes effecting a merger, capital stock exchange, asset acqui...
Why Deposit Insurance Didn’t Help Silicon Valley Bank
A sign to Silicon Valley Bank is seen through raindrops on a window in Santa Clara, Calif., Friday, … [+] March 10, 2023. The Federal Deposit Insurance Corporation is seizing the assets of Silic...
Aave Freezes Stablecoin Trading Amid Price Volatility
Aave, a popular lending protocol in the decentralized finance (DeFi) space, has taken action to mitigate the impact of recent price volatility in the stablecoin market. On March 11, the price of USD C...
Circle Plans to Cover USDC Shortfall After SVB Shutdown
Circle, the issuer of the stablecoin USD Coin (USDC), has been forced to take action to cover a significant shortfall in its reserves after the closure of Silicon Valley Bank (SVB), one of the largest...
Comparing Features and Rewards – Cryptopolitan
Play to Earn and Bet to Play are two different gaming concepts that have been around for a while. While they may sound similar, there are some key differences between the two approaches. Play to Earn ...
USDC Holders Panic Sell Amid Solvency Concerns
USD Coin (USDC), a popular stablecoin pegged to the U.S. dollar, has been facing solvency concerns since March 10, leading several holders to panic sell their holdings and switch to other stablecoins....
Here is why Ethereum is likely to erase the gains it made since Friday
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The H4 market structure remained bearish. The dail...
Can Bitcoin Price Retest to 200 Moving Average Restore Bullish Recovery?
Published 11 seconds ago BTC Price Prediction: The last three weeks’ correction phase has plunged the Bitcoin price from a peak of $25200 to $19800, registering a 22% loss. The coin price is currently...
Some top-notch benefits of having a better bitcoin exchange
Increased Security Features: Using a superior Bitcoin exchange has several advantages, one of which is its enhanced security features. Users’ top concern while using cryptocurrencies is security...
Bank of England halts Silicon Valley Bank UK branch operations
The Bank of England (BoE) has stopped the operations of Silicon Valley Bank’s United Kingdom branch (SVB U.K.), citing its limited presence and no critical functions supporting the financial system. O...
Future of Silicon Valley Bank May Put Trillions of Dollars at Risk
The potential collapse of Silicon Valley Bank (SVB) has caused alarm among regulators, investors, and depositors alike, with experts warning that the fallout could extend far beyond the tech bank itse...
Banks increase risks to stablecoins
The recent depegging of Circle’s USD Coin (USDC) caused a stir in the cryptocurrency market, with Binance CEO Changpeng “CZ” Zhao pointing fingers at traditional banks for their role...
Dow Jones Futures Loom: FDIC Ready For Monday After SVB Financial Collapse? Watch These Stocks
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The FDIC and other regulators are trying to limit the damage from last week’s collapse of SVB Finan...
Ackman Urges US Government to Guarantee SVB Deposits
Billionaire hedge fund manager Bill Ackman has warned the US government that failing to guarantee all deposits held by Silicon Valley Bank (SVB) within 48 hours could result in the destruction of seve...
Former LSU Coach Will Wade Agrees To 5-Year Deal At McNeese State
FAYETTEVILLE, AR – JANUARY 10: Head Coach Will Wade of the LSU Tigers directs his team during a … [+] game against the Arkansas Razorbacks at Bud Walton Arena on January 10, 2018 in Fayett...
How blockchain technology revolutionizes digital ownership?
Nonfungible tokens (NFTs) prove ownership by creating a unique digital certificate for a specific asset. A decentralized digital ledger that keeps track of all nonfungible token transactions and owner...
Yellen says no government bailout while FDIC auctions SVB assets. Final bids due end of Sunday.
Silicon Valley Bank will not get a government bailout, Treasury Secretary Janet Yellen said on the news program Face the Nation Sunday. The tech industry-driven bank was shut down by regulators ...
Investors Rally to Support Silicon Valley Bank Amidst Possible Closure
Silicon Valley Bank (SVB) has been a major player in the tech industry for over 40 years, providing banking and funding services to countless startups and established companies alike. However, recent ...
What’s next for stocks after SVB collapse and as crucial inflation reading looms
Investors are preparing for the release of a U.S. consumer-price index that may show no meaningful letup in inflation, leaving few safe places to hide just as systemic risks may be growing. Coming jus...
Moonbirds whale sells almost 500 NFTs on Blur for significant losses
Over the past 24 hours, one Ethereum address liquidated almost 500 Moonbirds NFTs for significant losses. Selling in batches, the address realized losses between 9% and 33% — with 200 Moonbirds ...
Yellen Works with Regulators to Address Silicon Valley Bank Collapse
On March 10, 2023, California’s financial watchdog shut down Silicon Valley Bank (SVB) following an announcement of a significant sale of assets and stocks to raise $2.25 billion in capital to s...
Can the chaos from Silicon Valley Bank’s fall be contained?
NEW YORK (AP) — Can Washington come to the rescue of the depositors of failed Silicon Valley Bank? Is it even politically possible? That was one of the growing questions in Washington Sunday as policy...
Investigation Phase Of Digital Euro To End In Autumn Of 2023
Advertisement     Supervised intermediaries like banks and payment service providers would facilitate the distribution of a digital euro. This is according to Fabio Pa...
Exxon Mobil vs. Chevron: Comparing 2 Oil Giant, Dividend Aristocrats
Most oil and gas producers, including Exxon Mobil (XOM) and Chevron (CVX) , posted record profits last year thanks to the rally in prices of oil and gas, which largely reflected the sanctions of weste...
Fed Flies Blind on Monetary Policy With Rising Risk of a 6% Rate
(Bloomberg) — The Federal Reserve is flying blind as it tries to bring down inflation without breaking the financial system or crashing the US into a recession. Most Read from Bloomberg Ahead of...