(Bloomberg) — As US government officials pledged to fully protect all depositors of the failed Silicon Valley Bank, they had a specific message for investors in the bonds and shares of the bank’...
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SVB Clients in Limbo After Seeking Refuge in Money-Market Funds
(Bloomberg) — In the hours leading up to Silicon Valley Bank’s collapse, a slew of startups tried to withdraw their cash. Those that couldn’t turned to a last-ditch option: parking it in third-p...
USDC Re-pegs After Fed’s $25B Bailout, Bitcoin Price Bounces To $22.2k
The fear, uncertainty, and doubts surrounding the second largest stablecoin USDC, issued by Circle, have significantly reduced in the past 24 hours following a bailout by the United States Federal Res...
US Yields May Jump Back to 4% as SVB Rescue Reverses Haven Trade
(Bloomberg) — US 10-year Treasury yields may snap back up to 4% as government efforts to quash contagion risks from the collapse of Silicon Valley Bank damp demand for haven assets. Most Read fr...
Polygon builds foundation for gaming ecosystem, as Investors compare Solana to Paypal, While TMS Network surges 700% in 2 weeks
The post Polygon builds foundation for gaming ecosystem, as Investors compare Solana to Paypal, While TMS Network surges 700% in 2 weeks appeared first on Coinpedia Fintech News TMS Network (TMSN), Po...
Banking Failures Prompt Fed To Reconsider Major March Hike
Federal Reserve Chairman Jerome Powell speaks during a House Financial Services Committee hearing to … [+] examine the Semiannual Monetary Policy Report to Congress, Wednesday, March 8, 2023, on...
Binance Will Convert $1B Into BTC, BNB, ETH, Bitcoin Price Skyrockets to $22.6K
The past week has been wild altogether and not just in the cryptocurrency market. A major bank in the US – Silicon Valley Bank – experienced what was essentially a bank run and was forced to shut down...
With SVB and Signature, the US is making a “systemic risk exception” for systemically unimportant banks
A man puts a sign on the door of Silicon Valley Bank in Santa Clara, California Important now. With a resoluteness befitting a response to the threat of an all-out banking crisis, US banking regulator...
Emergency FED Meeting Could Set Tone For Crypto Market Direction
Emergency FED meeting decision could affect the market direction in the coming week. James Bull thinks the FED might lower interest rates to protect more banks from collapsing. Crypto prices could pum...
US dollar index (DXY) gets oversold
The US dollar index (DXY) retreated for the third straight day as traders adjusted their view of the Federal Reserve. It retreated to a low of $104, which was much lower than last week’s high of $105....
NFT活用の二酸化炭素除去プラットフォーム「Nori」がポリゴンへ移行、USDC支払いも可能に
Noriがポリゴンへ移行、USDC支払いも可能に 二酸化炭素除去（CDR）を目的としたブロックチェーン活用のマーケットプレイス「Nori（ノリ）」が、ポリゴン（Polygon）採用の「ノリズウェブ3マーケットプレイス（Nori’s Web3 Marketplace）」を新たにローンチしたことを3月7日発表した。 「ノリ」は二酸化炭素除去（CDR）に取り組むスタートアップ企業。2019年...
Brad Says “Ripple Remains in Strong Financial Position” Despite SVB Exposure
Ripple CEO Confirms SVB Exposure as FDIC Affirms It Would Cover All Deposits. Over the weekend, the blockchain payments based in Silicon Valley faced questions over whether it had exposure to the coll...
Coinbase, Celsius and Paxos disclose funds in Signature Bank
Crypto exchange Coinbase, crypto lender Celsius and stablecoin issuer Paxos are among the crypto firms with funds reportedly tied up with the now-shuttered Signature Bank. The crypto-friendly Signatu...
Ethereum and XRP Shine in the Crypto World, Orbeon Protocol Takes the Market by Storm with 1988% Increase During Presale
Although Ethereum took a tumble from Friday’s Silvergate situation, it is now holding steady and as always, offers utility for the ever-developing use cases. The heat between XRP v SEC continues to i...
Binance Converting $1 Bln In Industry Recovery Initiative To BTC, ETH, BNB
Varinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his knowledge about Blockchain, Cryptocurrencies, Artific...
China’s new premier on economic outlook, growth
China’s new premier Li Qiang said Monday that policymakers would focus on the quality of growth. While he said China’s growth target of around 5% won’t be easy to achieve, policymake...
Bank of Russia Registers Another Digital Asset Issuer – Finance Bitcoin News
The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The platform, called ‘Masterchain,’ becomes the fifth ‘information system operato...
Bloxmith Launches Raiders Rumble, A Mobile Strategy Game for Both Web2 and Web3 Gamers, on the Flow Blockchain
Taipei, Taiwan, 13th March, 2023, Chainwire Bloxmith, the player-first Web3 gaming studio, today announced that the open beta for Raiders Rumble, its unique 1v1 squad battler game for mobile powered b...
Ripple Price Analysis: Upsides Remain Capped Near $0.38
Ripple price started a fresh decline from the $0.400 zone against the US dollar. The price is now trading below $0.3850 and the 55 simple moving average (4-hours). There is a key bearish trend line fo...
Campari Group Marks Its Territory With Montego Bay Appleton Rum Boutique
Appleton Estate’s first airport boutique at Sangster Airport in Jamaica. Campari Group Campari Group has made its largest financial commitment yet in the travel retail channel with the opening o...
‘Nobody left to bank crypto companies’ — Crypto Twitter reacts
Crypto companies could find it harder to access traditional banking partners with the loss of two major crypto-friendly banks in less than a week, according to some in the crypto community. On Mar. 1...
The Ultimate Crypto Companion: Live Coin Watch Mobile App
After a successful launch of its popular iOS app, Live Coin Watch is thrilled to unveil its mobile app for Android, now available for free on Google Play. The native app is designed to cater to the re...
米サークルがUSDC準備金の安全性について発表、シリコンバレー銀行破綻影響懸念受け
サークル、USDC準備金の安全性について発表 米ドルステーブルコイン「USD Coin（USDC）」を発行する米サークル（Circle Internet Financial）が、シリコンバレー銀行（Silicon Valley Bank:SVB）経営破綻に伴うUSDCの準備金不足分を企業リソースで補う予定のようだ。サークルが3月11日の声明にて発表した。 サークルは、USDCの準備金の約7.8%と...
Australian Tax Regulators Know Your Crypto Investments
Crypto usage has been increasingly on the radar of tax authorities worldwide in recent years. The growing popularity of cryptocurrencies has increased their use for transactions and investments. Tax a...
Biden vows to hold those responsible for SVB, Signature collapse
The President of the United States Joe Biden has vowed to hold those responsible for the failure of Silicon Valley Bank and Signature Bank while assuring Americans that their deposits are safe. On Ma...
Here Are 4 Things That Small Banks Must Do Now
In the wake of the largest bank failure since the Great Financial Crisis small banks are in a particularly special space. Small banks are needed now more than ever, but they must navigate the current ...
Bitcoin And Crypto Register Massive Gains Despite Banking Crisis
Last week has been dramatic on Wall Street and the crypto sector as two crypto-friendly banks – Silvergate and Signature – announced shutting down their operations. However, the broader crypto market ...
supported by inflows from regional banks
JP Morgan (NYSE: JPM) stock price crashed to a multi-month low of $127.92 last week as Silicon Valley Bank (SVB) collapsed. It then pared back some of those losses and closed at $133.65. The stock rem...
Uniswap [UNI] attempts recovery; short-sellers opportunities limited?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion UNI’s downtrend slowed after bulls attempted recov...
Beware The “Surprise Fees” In Biden’s 200% Aluminum Tariffs
TOPSHOT – US Presidential candidate and former US Vice President Joe Biden gestures as he addresses … [+] supporters and curious voters at the IBEW Local 490 in Concord, New Hampshire on F...
‘Everything Everywhere All At Once’ Dominates Oscars
Topline The 95th Academy Awards aired Sunday, marking the conclusion of award season as some of the best actors, film industry professionals and movies of the year were honored, as indie film Everywhe...