USDC has been hit with a bearish wave following news of the collapse of Silicon Valley Bank on March 11. The stablecoin issuer Circle had revealed that it had $3.3 billion in deposits with the defunct...
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Tron founder speaks out amidst Silicon Valley Bank and Silvergate troubles
On Mar. 12, H.E. Justin Sun, the founding member of the TRON ecosystem and the global advisor at Huobi, a crypto exchange, posted a thread on Twitter highlighting the “potential harm” prevalent in the...
Polygon (MATIC) Set to Overtake Cardano (ADA) in Market Cap with COVO Launch on Uniswap
The cryptocurrency market is highly volatile and changing, with Altcoins prices fluctuating based on various factors. In recent months, two of the most popular cryptocurrencies, Polygon (MATIC) and Ca...
Chiliz distances itself from recent crypto drama but CHZ was…
CHZ took on losses despite Chiliz not being directly exposed to events that triggered losses. CHZ bulls are looking to take over but the coast may not be clear yet. Chiliz recently joined the list of ...
Saudi Aramco Posts Blowout Annual Profit and Raises Dividend
(Bloomberg) — Saudi Aramco unexpectedly increased its dividend and said it would boost spending as it looks to deploy an avalanche of cash generated by last year’s surge in oil and gas prices. M...
Decoding the latest USDC update- Are USDT and DAI safer bets
Circle’s new statement revealed that USDC was 100% collateralized with the majority of its holdings collateralized through U.S. treasury bills. Many investors sold their USDC, some, however, bought th...
Will We See A Return Of Triple Digit Oil This Year?
Oil prices have been stuck in a tight range since erasing the gains of the Russian invasion of Ukraine at the end of last year. For most of last year, fears of a major oil supply shock from Russia dic...
Cardano’s Djed Gains Traction and Overtakes USDT Amid Stablecoin Drama
Gamza Khanzadaev Cardano-built Djed gains bigger premium to market than Tether’s USD following stablecoin crisis Following the storm in the stablecoin sector in recent days, Djed, the stablecoin...
Dogetti: Soaring at presale despite bear market
SPONSORED POST* Due to the high volatility and price swings in the cryptocurrency market, it has been a few weeks of instability and a bearish experience for cryptos and their traders and buyers. Some...
Fed must intervene after Silicon Valley Bank’s crash
Anthony Scamarucci, the founder of SkyBridge Capital, wants the United States Federal Reserve (Fed) to intervene in the aftermath of the Silicon Valley Bank’s (SVB) collapse. Anthony wants the Federal...
Bitcoin And Flow Coin Slump, As Big Eyes Coin Continues Its Unstoppable Presale Run Past $31.24 Million
There have always been significant swings in the value of Bitcoin and other cryptocurrencies, including sudden peaks and rapid drops. Nonetheless, investors and cryptocurrency enthusiasts are quite an...
Shiba Inu Holds Above $0.00001000 And Corrects Upward
Mar 12, 2023 at 07:33 // Price The price of Shiba Inu (SHIB) is still in the downtrend zone. Shiba Inu price long term forecast: bearish The cryptocurrency value fell to a low of $0.00000985 on ...
ETH finds support at $1,430, spikes higher – Cryptopolitan
The Ethereum price analysis shows a positive outlook for ETH, with the low of $1,430 being supported by bulls. The price has since spiked higher and is trading above the midline of the ascending chann...
Judges Will Likely Rule in Favor of Grayscale in Bitcoin Spot ETF Battle With SEC, Says Bloomberg Expert – Here’s Why
A senior litigation analyst at Bloomberg Intelligence believes that the odds are now in favor of Grayscale in its legal battle with the U.S. Securities and Exchange Commission (SEC). Last year, Graysc...
Hybrid DEX, INNODEX, emerges amid FTX, Silvergate liquidity crises
Silicon Valley Bank (SVB), representing the United States information technology hub, Silicon Valley, went bankrupt due to a bank run, massive deposit withdrawals, in under 14 hours. SVB’s bankruptcy...
Silicon Valley Bank UK Closed by Bank of England (BoE)
20 seconds ago | 2 mins read Bitcoin News The bank liquidators would be responsible for handling the remaining SVB UK assets. Major blockchain VCs had over $6 billion in assets with the bankrupt finan...
USDC Regains Footing Following Circle Pledge to Cover Shortfalls
After depegging yesterday, USD Coin (USDC) rallied back to as high as $0.98 following news that its issuer Circle promised to cover any shortfall in its reserves amid the Silicon Valley Bank (SVB) cri...
10 Biggest Silver Mining Companies
Silver mining companies are engaged in the exploration, development, and production of silver. Many companies in the silver mining industry also mine for other metals, such as gold, palladium, lead, a...
PancakeSwap’s attempt to flip Uniswap’s TVL thwarted for now
PancakeSwap enhances its strategy for its next attempt at surpassing Uniswap’s TVL. The latest transaction volume data reveals a win for PancakeSwap. PancakeSwap and Uniswap have been locked in a batt...
South African Rand Plunges to New 2023 Low Versus the US Dollar – Africa Bitcoin News
Just a few weeks after tapping its best exchange rate versus the greenback in 2023, the South African rand fell to a new 2023 low of 18.636 local currency units for every dollar on March 7. South Afri...
Gala (GALA) Rallies as HedgeUp (HDUP) Spike 50% Restructures The Crypto World
The crypto market has been an exciting place for crypto enthusiasts. The marketplace is much greener, and the year is looking promising. Investors can be excited about having access to HedgeUp (HDUP) ...
This Bitcoin Cycle Signal Suggests Bear Market Is Nearing an End
A powerful new on-chain analysis tool called the Bitcoin Cycle Extremes indicator has been released. It’s designed to help find extreme conditions in the Bitcoin market. It attempts to answer the ulti...
Vitalik Buterin Deposited 500 ETH to Mint This Token, Here’s Why
Arman Shirinyan Vitalik Buterin deposits 500 ETH to mint token not everyone is familiar with Vitalik Buterin moved 500 ETH to the Reflexer protocol to mint a RAI token, which he then exchanged for USD...
MakerDAO Devises Emergency Plan To Safeguard DAI Stablecoin
6 seconds ago | 2 mins read Altcoin News The value of DAI, a stablecoin tied to the U.S. dollar, fell to an all-time low of $0.88. The stablecoin issuer has recommended similar measures for DeFi proto...
Two Major Banks Shut Shop $BTC
The loss of these two major banks has hit the crypto space especially hard. Let’s see how this development affected the market and check out some newsworthy crypto moments from this week. DeFi Popula...
CZ blames banks for the increase in stablecoins risks – Cryptopolitan
Binance CEO Changpeng CZ Zhao has waded into the SVB conversation that has been ongoing for some days. The Binance boss has faulted the role of traditional banks for the heightened risk in dealing wit...
Morgan Creek Capital Pleads Government to Bail SVB; Says Analyst
Mr. Whale tweeted that Morgan Creek Capital was a large depositor at SBV. The tweeter added that Anthony Pompliano has been urging the government to bail the bank out. Reports suggest that many banks ...
Avorak AI, SingularityNET And Fetch.ai Called “Best AI Projects For 2023” By Polygon Holders
AI has become increasingly popular in recent years, and the rise of AI crypto has been an even more exciting development to witness. Crypto investors are therefore on the look for investment opportuni...