One of the leading American banks – Goldman Sachs – highlighted bitcoin as the best-performing asset since the start of the new year. The primary cryptocurrency surpasses Nasdaq 100, gold, S&P 50...
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DAI-stressed MakerDAO struggles as users look toward other stablecoins
MakerDAO has seen a decline in TVL, DAI’s supply, and annualized fee income in the last week. MKR shed 25% of its value during the same period. While its DAI stablecoin regained its parity with the U...
Binance’s CZ Doubts Banking System’s ‘Free Market’ Credentials
Binance CEO CZ criticized the banking system for repeated bank failures in the wake of the Credit Suisse merger and the recent collapse of Silicon Valley Bank. The emergency merger between Credit Suis...
OKX to cease operations in Canada by June 22 2023
On Mar. 20, cryptocurrency exchange OKX informed Canadian users via email the firm “will no longer provide services or allow users to open new accounts in Canada starting on Mar. 24, 2023, 12:00...
Massive LINK Transfer From Binance by Chainlink Whales, Here’s What It Signals
According to on-chain analytics platform lookonchain, whales are currently accumulating LINK. It notes that 30 new addresses (maybe belonging to the same whale, although this is not certain) bought a ...
Binance CEO CZ Ridicules Troubled US Financial Institutions
“They buy debt, we buy crypto,” Changpeng Zhao said after buying $1B Bitcoin. The Binance CEO said, ‘No one can print Bitcoin out of thin air.’ Bitcoin has hit a nine-month high as the US banking sect...
Former Credit Suisse CEO declared Bitcoin ‘a bubble’ years before banking crisis
As Credit Suisse (SWX: CSGN) becomes another banking giant to feel the effects of the widespread crisis that has already crashed several financial institutions and put many others at risk, it is worth...
Dogecoin (DOGE) Price Trades at Crucial Level
The Dogecoin (DOGE) price is trading below an important confluence of resistances at $0.077-$0.080. Whether it breaks out or gets rejected could determine the future price trend. The Dogecoin price ha...
Crypto Exchange OKX to Exit Canadian Market by June 2023 Due to New Regulations
The crypto market has been facing a wave of regulatory changes in recent years, causing many crypto firms to reassess their operations and even exit certain countries altogether. The latest example of...
Taiwan readies for new crypto regulations as Metacade presale enters 7th stage
The chairman of Taiwan’s Financial Supervisory Commission Huang Tien-mu has confirmed that Taiwan will soon get special legislation to regulate the crypto space in the country. Huang confirmed this to...
D5 Exchange: Solving DEX issues with Gridex Protocol
The recent SEC crypto crackdown has hit many centralized exchanges (CEX). This scrutiny is drawing traders to decentralized exchanges (DEXs). However, insufficient liquidity, impermanent loss, limited...
Nasdaq Leaps Back To The Forefront: 4 Good Value Stocks
Nasdaq MarketSite in New York City. (Photo by Spencer Platt/Newsmakers) Getty Images Like a race-car driver slicing in front of the competition, the Nasdaq Stock Market has resumed market leadership i...
Why Are Crypto Stocks Like Coinbase & Others Up Today?
Shares of Coinbase (COIN) and other crypto-related stocks marched higher as the markets opened on Monday, continuing its rally as it enters into a new week of U.S. banking crisis. There are several re...
Analysts Point To Selected Regional Bank Stock Bargains, Including 7% Yielding Preferreds
Phoenix-based Western Alliance Bancorp. has lost more than half its value in the last two weeks but is in a healthier position than other hard-hit regional banks. Getty Regional bank stocks spent last...
Rattled crypto industry could emerge stronger after USDC depeg
USD Coin (USDC), the world’s second-largest stablecoin, may simply have been in the wrong place at the wrong time. The place was Silicon Valley Bank (SVB), a commercial bank with $209 billion in asse...
a reason to buy Amazon stock?
Amazon.com Inc (NASDAQ: AMZN) is in focus this morning after announcing another massive round of layoffs to streamline costs. What jobs will be affected? On Monday, the tech behemoth confirmed plans o...
Senator Cynthia ‘Crypto Queen’ Lummis Plans New Cryptocurrency Bill
So it’s more robust, I would say. [The legislation has] been on a diet and it’s been on exercise, so it’s meatier and a little shorter, but we also have tried to address some issues ...
Cardano Creator Charles Hoskinson Slams Politicians for Blaming US Banking Crisis on Crypto
Cardano (ADA) creator Charles Hoskinson is slamming politicians for blaming the US banking crisis on the crypto industry. In a new statement, the Input Output Hong Kong (IOHK) chief executive urges di...
FTX Takes Legal Action Against Liquidators of Its Bahamian Affiliate for False Ownership Claims of Failed Crypto Exchange
Alex Dovbnya Crypto exchange FTX has filed lawsuit against FTX Digital Markets and its joint provisional liquidators, alleging false ownership claims of trading platform Failed crypto exchange FTX has...
2023 Layoff Tracker: Amazon Slashes 9,000 Employees
Amazon will cut 9,000 employees in the coming weeks, CEO Andy Jassy announced in a statement Monday morning—marking the company’s third major round of cuts since November, following a major job reduct...
UniLend v2 Launched on Polygon zkEVM, Offering Lightning-Fast Transactions
UniLend, the decentralized finance (DeFi) platform that’s taking the world by storm, announced its upcoming launch on Polygon ZK. This move will allow UniLend to offer its users lightning-fast transac...
Fed’s Looming Rate Decision Could Confirm Crisis At Hand—Or Raise Odds Of ‘Imminent Recession’
Topline Ahead of a pivotal interest rate decision on Wednesday, the Federal Reserve faces a novel dilemma: stubbornly high inflation amid massive uncertainty over a banking crisis that could force a p...
Belgium to introduce new crypto ad regulation
Belgium’s Financial Services and Markets Authority (FSMA) is set to introduce a new set of crypto ad regulations by May 17, Finance Magnates reported on March 20. Belgium’s Official Gazette published ...
TMS Network (TMSN) Climbs In Popularity With Its Presale While OP and FTM See Worrying Momentum In The Red Zone
The blockchain space is unpredictable, and cryptocurrencies might increase in value one day only to be in the red zone the other day. With the collapse of numerous banks, risks surrounding increased i...
Why Ripple’s XRP Price Risks Falling Lower
Ripple’s native token, XRP, hovered around $0.38 despite the mid-March rally that saw the crypto market capitalization surge by 28%. Its poor price performance may intensify as crypto whales appear to...
10 Numbers And Charts That Sum Up March’s Banking Fiasco
Topline The most chaotic two weeks in the banking sector since the Great Recession has wiped out hundreds of billions of dollars in global wealth; here are seven numbers and three charts that help def...
Microsoft may integrate an Ethereum wallet
A few days ago, screenshots surfaced on Twitter that appear to refer to an Ethereum wallet for Edge, Microsoft browser. Newest in the gauntlet of questionable upcoming Microsoft Edge features, a crypt...
Trump Tries To Block Georgia Election Investigation As Criminal Charges Loom
Topline Former President Donald Trump asked a state court Monday to throw out all evidence from a grand jury investigation in Georgia over the 2020 election and block investigators from continuing the...
Here’s When Ethereum Price May Trigger a 25% Rally to Reach $2000
Ethereum price has been bullish ever since the beginning of the year but has undergone minor swings, lower compared to that of Bitcoin. While BTC price soared by more than 45%, ETH price managed to ri...
Oddsmakers Believe The Green Bay Packers Will Finish Last In The NFC North
Green Bay Packers head coach Matt LaFleur suffered his first losing season in 2022. Copyright 2022 The Associated Press. All rights reserved. With or without Aaron Rodgers, the folks in the desert did...
Stardust Utilizes Space and Time for Blockchain Gaming Analytics
Stardust, a leading Web3 game development platform, has announced a strategic partnership with Space and Time (SxT), a leader in decentralized data warehousing. The partnership aims to provide game d...
Credit Suisse shares tank over 50% as historic UBS merger fails to quell fears
Credit Suisse was saved from the verge of a catastrophic bankruptcy thanks to the purchase of the bank by UBS, the biggest bank in Switzerland. The transaction was intended to soothe the mounting wor...