The decline of centralized entities has worked out well for their decentralized counterparts. Over the weekend, USDC witnessed a significant trading volume on several decentralized exchanges. Uniswap,...
News
Whiplash Hits Crypto Markets Due to Recent Turmoil
The most dramatic week in technology and banking ended with crypto markets up on Monday. The wider industry is suffering from a serious case of whiplash. There’s whiplash, and then there’s whiplash. T...
Goldman Sachs Now Expects No Rate Hike in March Due to Stress in US Banking System – Economics Bitcoin News
Goldman Sachs has revised its U.S. interest rate forecast due to “stress in the banking system.” The global investment bank no longer expects the Federal Reserve to raise interest rates at its Federal...
FDIC to attempt another auction of Silicon Valley Bank: Report
Silicon Valley Bank (SVB) could be returning to the auction block with United States regulators taking a second attempt at finding a buyer for the now-collapsed bank. According to a Mar. 13 report fr...
Bears Surprisingly Re-Invest To Fill Void Left By Roquan Smith Trade
ORCHARD PARK, NEW YORK – JANUARY 08: Taron Johnson #7 and Tremaine Edmunds #49 of the Buffalo Bills … [+] celebrate after an interception during the fourth quarter against the New England ...
Evercore warns SVB fallout will force new market low
Evercore ISI is comparing the bank stress to another critical time on Wall Street: The year of the savings and loan crisis and epic crash. “To think you would see financial stress of this kind d...
Coinbase Working on New Strategies To Attract More Users
Coinbase (COIN), the largest cryptocurrency exchange platform in the US, is working on new strategies to attract more crypto users to the platform. In February 2023, Coinbase announced ‘Base,’ a new t...
This biopharma stock jumped over 250% on Monday: what happened?
Shares of Provention Bio Inc (NASDAQ: PRVB) more than tripled on Monday after Sanofi S.A. (EPA: SAN) confirmed plans of buying the biopharmaceutical company that focused on autoimmune diseases. Here’s...
ARK Invest’s Cathie Wood ‘not surprised’ at crypto market rebound
Ad Cathie Wood, the founder and CEO of ARK Invest, said that more regional banks could fail if the ongoing banking crisis in the U.S. isn’t resolved. Wood looked back at the factors that led to Silico...
BTC and USDC Rally To Avoid Further Damages After US Mediation
The failure of Silicon Valley Bank caused ripples in the crypto industry, but after mediation of US authorities, USDC and Bitcoin rallied. When the news of the SVB fallout broke, USDC stablecoin lost ...
DigiToads (TOADS), ADA & Ankr (ANKR)
Advertisement     Staking tokens is a strategy that allows individuals to earn passive income by holding onto their crypto assets in exchange for participating in the ...
Crypto Firms Announce Funds Caught in Signature Bank Closure
Coinbase announced that it had about $240 million in corporate funds at Signature Bank, but expects a full recovery of all its funds. Several crypto firms, including Paxos, have disclosed their level ...
Crypto Exchange Bybit and Red Bull Launch Athlete Development Program
Crypto derivatives exchange Bybit has teamed up with Oracle Red Bull Racing to launch an athlete development program called The Bybit Performance Accelerator. According to a press release shared with ...
Because Of Evan Mobley, Jarrett Allen’s Eye Injury Won’t Change The Course Of The Cleveland Cavaliers’ Season
Detroit Pistons’ Marvin Bagley III looks to shoot over Cleveland Cavaliers’ Jarrett Allen (31) and … [+] Evan Mobley during the first half of an NBA basketball game in Cleveland, Sat...
Yes Bank share price crossed key support level: Buy the dip?
Yes Bank (NSE: YESBANK) share price crashed to the lowest level since July 2022 in an important day for the company. It nosedived to a low of 14.45 INR and then pared back some of those losses to clos...
U.S. Crypto Firms Explore European Banking Partners Amid Financial Crisis
The recent banking crisis in the U.S., which resulted in losing three crypto-friendly banks, Silvergate Capital, Silicon Valley Bank, and Signature Bank, has raised concerns among U.S.-based firms. A...
Fed rate expectations flip as US inflation data may take backseat to banking tumult
Crypto prices soared throughout the day as the turmoil in U.S. regional banking continued and interest rate hike expectations were recalibrated. The target rate probability of no increase next ...
Bloxmith Launches Raiders Rumble on the Flow Blockchain To Bring Mainstream Users To Web3
Advertisement     Bloxmith, a player-first Web3 gaming studio, is delighted to announce that the open beta for its game Raiders Rumble is now available for download on...
Banking Crisis Won’t Leave Crypto Industry Unbanked Despite Short-Term Pain
Regardless of the final outcome, every bear cycle in crypto has experienced such conundrums, and came out stronger, Xu said. “Having been in this industry for as long as I have, this news doesn’t surp...
Justice Department Probe Into the TerraUSD Crash
The U.S. Justice Department is investigating the collapse of the TerraUSD stablecoin, according to a report from the Wall Street Journal, citing sources familiar with the matter. Former team members b...
Jimmy Fallon Sparks Online Feud with Bored Ape NFT Collectors
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United Airlines, First Republic, Charles Schwab
United Airlines (UAL) United Airlines stock fell more than 7% after the company said it expects to see a quarterly loss stemming from its labor contract. United now sees a first-quarter loss of 60 ce...