Jawaan Taylor of the Jacksonville Jaguars defends Chris Jones during the divisional playoffs on Jan. … [+] 21, 2023. (Photo by Cooper Neill/Getty Images) Getty Images Just hours into the two-day...
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Ripple’s Top Lawyer Heaps Praise on Lawmaker Over SVB Bailout
Alex Dovbnya Stuart Alderoty, Ripple’s general counsel, has taken to Twitter to praise California congressman, Ro Khanna, for his efforts in protecting depositors at Silicon Valley Bank (SVB) fo...
Bitcoin surges past $24,000 on CME launch of BTC event contracts
On Mar. 13, American derivatives marketplace CME announced the launch of Bitcoin (BTC) futures event contracts. The exchange, which is fully regulated and has cleared administrative review, will hence...
Stablecoins and the Collapse of SVB: A Wake-Up Call
Banks are collapsing at an alarming rate, leaving investors and stakeholders questioning the stability of stablecoins. First, Silvergate failed, and now, SVB, which held $3.3B of Circle’s funds (the i...
Losses Top $185 Billion As Analyst Warns SVB Failure Risks Intense Regulator Scrutiny
Topline The second and third-largest bank failures in U.S. history rattled investors’ confidence in bank stocks to the tune of tens of billions of dollars Monday, as the contagion fears from Silicon V...
Bitcoin soars as Silicon Valley Bank depositors get a regulatory lifeline
BTC’s price jumps by almost 10% in the last 24 hours. This is due to the decision by U.S. regulators to protect all customer deposits at failed Silicon Valley Bank (SIVB). Following the decision by th...
Solana Whale Deposits $10M To Coinbase, Cashing In On Rise?
Data shows a Solana whale has deposited $10.2 million in SOL to the crypto exchange Coinbase as the asset’s price has risen by 16% today. Solana Whale Transfers $10.2 Million In SOL To Coinbase As per...
Binance to suspend GBP transactions as payments partner moves away
Binance will suspend GBP deposits and withdrawals after its payments partner Paysafe said it would no longer support them. The move will affect new users starting March 13 and all users on May 2...
How ‘duration risk’ came back to bite SVB and led to rapid collapse
Following the fall of Silicon Valley Bank, a lot of terms are being thrown around on CNBC and elsewhere in discussions about what went wrong. One key term is “duration risk” along the yiel...
Was Signature Bank Intentionally Shut Down To Kill Crypto’s Last Major Banking Hope?
According to reports, customers of Signature Bank withdrew more than $10 billion in deposits on Friday after being alarmed by the sudden failure of Silicon Valley Bank. As a result, the run on deposit...
The Block: Bitcoin mining report: March 13
Bitcoin mining stocks tracked by The Block were mostly higher on Monday, with 18 gaining and one declining. Bitcoin rose 15.1% to $24,230 by market close. © 2023 The Block Crypto, Inc. All...
Bitcoin futures premium falls to lowest level in a year, triggering traders’ alerts
The price of Bitcoin (BTC) increased by 14.4% between March 12-13 after it was confirmed that financial regulators had rescued depositors in the failing Silicon Valley Bank (SVB). The intraday high of...
Japanese Automaker Nissan Files 4 Web3 Trademarks for Infiniti, Nismo, Nissan Brands
Japanese multinational automobile manufacturer – Nissan – has reportedly filed for four Web3-related trademarks at the United States Patent and Trademark Office (USPTO) last week. The applications are...
Solana Price Set for 17% Upswing As Buyers Reclaimed Crucial Support
Published 12 seconds ago While the selling pressure in the crypto market eased off, the Solana coin price bounded back from the $17.25 support on March 10th. The bullish reversal surged the coin price...
Silvergate and SVB bite the dust: Law Decoded, March 6–13.
Last week, another major quake shook crypto markets. Silvergate Bank — a crypto-fiat gateway network for financial institutions and a significant on-ramp for cryptocurrencies in the United States — sh...
Bitcoin (BTC) Comes Close to Hitting $25,000. Here’s Why
Alex Dovbnya #Bitcoin has surged to almost $25,000 on the Bitstamp exchange today, experiencing a 20% rise since Friday’s lows Bitcoin (BTC) saw a significant climb, nearly hitting $25,000 on th...
SVB Shareholder Files First Lawsuit Against Bank Executives Over Historic Collapse
Topline A Silicon Valley Bank shareholder filed a lawsuit Monday against the financial firm just days after it collapsed in the biggest bank failure since 2008, marking the first of what will likely b...
DOGE Price Analysis for March 13
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all tradi...
Affirm Stock: AFRM stock price near 52 week low, rebound possible?
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Ethereum Rival Explodes 26% Ahead of New Network Upgrade
A top Ethereum (ETH) rival is rallying out of a dip ahead of a highly anticipated network upgrade launching tomorrow. Peer-to-peer decentralized storage network Filecoin (FIL) is worth $6.22 at time o...
Ripple Reassures Investors Over Its Financial Strength Despite Having Exposure To Silicon Valley Bank ⋆ ZyCrypto
Advertisement     Ripple CEO Brad Garlinghouse on Sunday disclosed exposure to Silicon Valley Bank. While Garlinghouse declined to say how much capital was held at the...
Air Force And Space Force On Right Vector—But Need More Resources To Meet Defense Strategy
USAF and USSF Department of the Air Force Secretary of the Air Force Frank Kendall’s first budget built entirely under his direction does a fine job of underwriting Air Force and Space Force capabilit...
US banks experience volatility and trading halts amid bank failures and presidential assurances
Banks saw their share prices take a rollercoaster ride over the weekend and into March 13. Trading was temporarily halted for dozens of United States regional banks amid volatility and falling prices....
Gundlach says Fed will hike rate next week to save face, but shouldn’t
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 6th, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach believes that the Federal Reserve will still pull the tr...
Ripple in ‘Strong Financial Position’ despite SVB Exposure, CEO Says
Garlinghouse noted that financial systems are broken given their high susceptibility to rumors as evidenced by the current banking crisis. In a March 12 Twitter thread to his 700,000 followers, Rippl...
Ethereum Co-Founder Vitalik Buterin Selling ETH Holdings, This Might Be Reason
According to blockchain security firm PeckShieldAlert, Ethereum creator Vitalik Buterin recently moved 200 ETH to the Kraken crypto exchange. Investors often move their crypto to exchanges when they a...
Imagine If Your March Madness Picks Were 90% Accurate? 5 Day Weather Forecasts Are
SALT LAKE CITY, UTAH – MARCH 20: A general view of a ‘March Madness’ logo is seen during practice … [+] before the First Round of the NCAA Basketball Tournament at Vivint Smart...
BTC and ETH Price Analysis for March 13
The new week has started with the market bounce back as the rates of most of the coins are rising. BTC/USD The price of Bitcoin (BTC) has rocketed by 14% over the last 24 hours. The price of Bitcoin (...
Bybit, Oracle Red Bull Racing Launch Unique Accelerator for Athletes
Vladislav Sopov Novel accelerator program is set to unlock unmatched opportunities for e-athletes globally Contents Bybit and Oracle Red Bull Racing introduces joint initiative for e-athletes: What is...
Democrats Blame SVB Collapse On Trump-Era Regulatory Rollbacks—But GOP Opposes Stricter Rules
Topline Democrats placed blame for the collapse of Silicon Valley Bank and Signature Bank over the weekend on looser regulations signed by former President Donald Trump, and called for Congress to rei...
Nouriel Roubini Gloats Over Crypto Banking Crisis
Alex Dovbnya Turkish-American economist Nouriel Roubini celebrated collapse of these crypto-related banks in recent tweet Turkish-American economist Nouriel Roubini has gloated over the collapse of se...