TRON network founder Justin Sun has offered financial support to anyone building “a reliable bank that can cater to the needs of the crypto industry.” In a March 12 Twitter thread, Justin Sun said the...
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Silicon Valley Bank: Bitcoin investors in panic as market goes sideways
BTC has logged negative funding rates for the first time this year. On-chain data shows increased selling as many exit trading positions. As the cryptocurrency market grapples with the uncertainty tha...
How exactly does a stablecoin depeg? – Cryptopolitan
Stablecoins are cryptocurrencies designed to maintain a stable value relative to another asset, often the US dollar. This stability makes stablecoins attractive to investors and traders who want to he...
Circle Pledges To ‘Stand Behind’ USDC And Cover Missing Liquidity In Failed Silicon Valley Bank ⋆ ZyCrypto
Advertisement     Circle Internet Financial has promised to resume normal USDC liquidity operations from Monday, enabling the redemption of the troubled stablecoin at ...
Treasury Secretary Janet Yellen says U.S. government won’t bail out Silicon Valley Bank
Janet Yellen, US Treasury secretary, speaks during a Financial Stability Oversight Council (FSOC) meeting at the Treasury Department in Washington, DC, US, on Friday, Dec. 16, 2022. Ting Shen | Bloomb...
Venture investors vow to work with Silicon Valley Bank if new owner found
A sign hangs at Silicon Valley Banks headquarters in Santa Clara, California on March 10, 2023. Noah Berger | AFP | Getty Images More than three hundred venture capital firms have signed a joint state...
Silicon Valley Bank employees received bonuses hours before takeover
Police officers leave Silicon Valley Banks headquarters in Santa Clara, California on March 10, 2023. Noah Berger | AFP | Getty Images Silicon Valley Bank employees received their annual bonuses Frida...
Yellen Rules Out Bailout For Silicon Valley Bank
Topline The federal government will not bail out the “investors and owners” of Silicon Valley Bank, Treasury Secretary Janet Yellen said Sunday on Face The Nation, saying the situation is different fr...
Russia will start jailing crypto miners that don’t do this – Cryptopolitan
Russia’s government is moving to tighten regulations on cryptocurrency miners, forcing them to report income to tax authorities or face up to four years in prison. The new regulations were announced i...
DigiToads presale and its probability to beat 450% growth projection
Cryptocurrency presales are an increasingly popular way for investors to get involved in the crypto space. By buying tokens at a discounted price before they hit the open market, early investors can b...
Can the UK save its startups as SVB fallout spreads around the world
BOE places the UK arm of the troubled Silicon Valley Bank under insolvency. The heads of 130 technology companies in the UK believe lender’s bankruptcy represents an existential threat to the UK tech ...
Crypto Romance Scams Were Prominent This Valentine’s Day
Valentine’s Day this year was wrought with chocolates, roses, and a few dozen romance scams. The Federal Bureau of Investigation (FBI) says several of these scams popped up during or prior to the nati...
Circle Shares an Update on SVB and USDC After SVB Collapse
Circle— a crypto firm, provided a recent update on USDC— a stablecoin, and Silicon Valley Bank (SVB), on March 11th, Saturday. It stated that USDC liquidity operations will resume normally after Monda...
Baby Doge Coin News Paints a Strong Picture For AI Cryptos Like Avorak In 2023
Cryptocurrencies have taken the financial world by storm, with new coins emerging every day. The crypto market has recently experienced a significant shift; AI cryptocurrencies are becoming increasing...
Can the New Relief Rally Push Ethereum Coin above $1500?
Published 10 seconds ago ETH Price Prediction: The increasing FUD in the crypto market has led the Ethereum coin to the formation of a megaphone pattern. In theory, this pattern formation itself is a ...
Something banks cant do, is clear on weekends, as Bitcoin transactions hit record numbers over weekend
Definition The total number of transactions waiting in the mempool in different size (vByte) cohorts. Quick Take The number of transactions in the mempool has surpassed three-year highs Transaction co...
‘Hot IPOs;’ These Newly-Public Stocks Are ‘Strong Buys,’ According to Analysts — Here’s Why and Where They’re Headed
It’s no easy task making sense of the stock market these days. The year began in an optimistic mood, but following a downtrend that began in February, the S&P 500 is almost back to the level it wa...
U.S. Treasury Janet Yellen working on SVB collapse, not at bailout: Report
United States Treasury Secretary Janet Yellen is reportedly working with regulators to address Silicon Valley Bank collapse and protect investors, but not considering a major bailout. Yellen made the ...
Silvergate liquidates, Silicon Valley Bank on receivership, and crypto selloff
Last week was mainly bearish as several macro events had a detrimental effect on the industry. Major developments, such as the voluntary liquidation of Silvergate and the crash of Silicon Valley Bank ...
USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident – Market Updates Bitcoin News
On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) p...
Analytics Firm Tracks Big Whale Moves for Polygon, Fantom and One Ethereum-Based Altcoin As Markets Cling to Life
Blockchain analytics firm Santiment has spotted huge whale transactions for Polygon (MATIC), Fantom (FTM), and an Ethereum (ETH)-based altcoin as the crypto markets continue to see red. In a new blog ...
The World’s Central Banks Are No Match for the Global Economy
Writing in his newsletter last week, the great George Gilder quipped that the world’s central bankers are apparently “demoralized over their inability to drive the world into recession.” Gilder was re...
Diamondbacks, Nationals Begin Long Road Back By Giving Eight-Year Contracts To Blue-Chip Prospects
Corbin Carroll, who retains rookie status, has received an eight-year contract extension from the … [+] rebuilding Arizona Diamondbacks. (Photo by Christian Petersen/Getty Images) Getty Images I...
Avorak: AI crypto of the future
SPONSORED POST* Cryptocurrency has given rise to many new and exciting advancements. Two of the latest are STEPN (GMT) and Avorak AI (AVRK). STEPN’s move-to-earn platform has recently seen its crypt...
MakerDAO surge following new proposal on stablecoins
MakerDAO is insulating itself from the vulnerability to risk associated with stablecoins according to the firm’s new proposal. It is a reaction to the recent depegging of USDC, which has rekindled wor...
Is Circle’s USDC Stablecoin Crisis a Blessing in Disguise for Bitcoin?
Alex Dovbnya The recent crisis surrounding Circle’s USD Coin (USDC) stablecoin may have inadvertently boosted Bitcoin, as people are turning to it to achieve a synthetic USD due to the collapse ...
Cryptocurrencies to watch for the week of March 13, 2023
The cryptocurrency market is facing renewed bearish sentiments due to the collapse of Silvergate Bank and the closure of Silicon Valley Bank, both of which had exposure to the crypto industry. These e...
Yellen says no federal bailout for Silicon Valley Bank
WILMINGTON, Del. (AP) — Treasury Secretary Janet Yellen said Sunday that the federal government would not bail out Silicon Valley Bank, but is working to help depositors who are concerned about their ...