A widely followed crypto analyst says there’s evidence that Bitcoin (BTC) could have much further to drop before sparking a fresh bull run. In a new video update, prominent crypto analyst Benjamin Cow...
News
FDIC Creates Bridge Banks for Failed Silicon Valley Bank and Signature Bank Clients to Access Funds – Bitcoin News
The U.S. Federal Deposit Insurance Corporation (FDIC) has announced that clients of Silicon Valley Bank (SVB) and Signature Bank (SBNY) can access their funds during normal banking hours on Monday, Ma...
Ethereum Circles Above The $1,500 Mark, But Can Not Hold Above $1,600
Mar 13, 2023 at 10:55 // Price Ethereum price (ETH) has started to climb upwards while rallying above the level of recent support. Long-term analysis of the Ethereum price: bearish Today’s...
Dow Jones Falls On SVB Rescue Plan; First Republic, Charles Schwab Crash On Bank Fears
The Dow Jones Industrial Average dropped Monday, as global markets grappled with the ongoing crisis among U.S. banks. The FDIC and other financial regulators guaranteed all deposits of SVB Financial (...
Crypto industry may escape lasting damage from Silvergate liquidation
Banks are the lifeblood of a nation’s economic system, and any bank collapse is disturbing. Last week saw two failures. On March 8, Silvergate Capital — the cryptocurrency-focused banking company — en...
Stocks of multiple banks get halted for volatility, more than once, to start the trading day
To gauge the panic-like activity of bank investors in the wake of the recent failures of SVB Financial Group’s SIVB, Silicon Valley Bank and Signature Bank SBNY, -22.87%, investors can check out the N...
Filecoin’s FIL Token Gains 18% Ahead of Network Upgrade
FIL reached a high of $6.20 on Monday, up 18%, according to CoinDesk data. That put the token up 15% for the month. Bitcoin (BTC), meanwhile, has risen just 1% this month, while ether (ETH), the secon...
XRP Sees 112% Increase in Trading Volume as Token Stays Underbought per This Metric
XRP‘s trading volume suddenly jumped 112%, according to CoinMarketCap data. The jump in trading volume was not accompanied by a significant price increase, which leads to speculation as to the r...
Qualtrics stock gains after company agrees to $12.5 billion take-private deal
Qualtrics International Inc. shares XM, +6.13% were rising more than 6% in premarket trading Monday after the software company said it has agreed to be taken private by Silver Lake, in partnership wit...
Cardano (ADA) Is Turning Heads After A 10+% Price Increase
ADA’s price participated in the market’s relief rally in the last 24 hours. The Ethereum killer’s price received a 10+% boost according to CoinMarketCap. The altcoin was also able to outperform both B...
Marathon Digital says it has access to funds held at Signature Bank
Marathon Digital said it has access to $142 million in cash deposits held by Signature Bank, which was closed by state regulators on Sunday. The company said in a statement it has access to the...
Filecoin is up 18% prior to network upgrade
The price of filecoin (FIL) is currently displaying bullish signs as it strives to maintain its position above a crucial support level. At press time, filecoin (FIL) is trading at $5.91, with a 24-ho...
Oil and gas stocks suffer broad selloff as crude prices drop in wake of SVB collapse
The energy sector was suffering a broad selloff Monday, as worries that the recent bank failures will trigger an economic slowdown which saps demand for crude oil. The Energy Select Sector SPDR exchan...
Crypto entrepreneur who fled FBI now works for Russian state media
Christopher Emms, the British blockchain pioneer who is wanted by the FBI for allegedly breaking US sanctions on North Korea has reportedly been hired to provide crypto commentary by Russian state bro...
Gemini had no customer funds, GUSD at Signature Bank
Crypto exchange Gemini said it held no customer funds or Gemini dollars (GUSD) at Signature in the wake of the bank’s closure by regulators on Sunday. While it used to partner with Signatu...
S&P 500 goes negative YTD; almost entire regional bank stocks halted due to volatility
Quick Take Bitcoin extends its gain up 35% YTD, while S&P has gone into negative territory -0.19%. Both Nasdaq and TLT are up over 7% YTD. Chaos in bank stocks as some are halted for volatility. W...
First Republic stock down 65% amid fears of regional bank contagion
First Republic Bank’s (FRC) shares tanked a record 67% and were halted for volatility, leading regional lenders lower, despite measures by U.S. regulators to shore up confidence in the banking system ...
HSBC Buys Silicon Valley Bank for £1
HSBC has signed off on a deal to acquire the Silicon Valley Bank’s United Kingdom arm for £1 and save the tech sector of the U.K. The British multinational bank HSBC acquired the Silicon Valley Bank’s...
Framework and Bitkraft lead $6 million seed funding into gaming studio Jungle
Bitkraft and Framework Ventures co-led a $6 million seed funding round into Jungle, a Brazil-based web3 gaming studio. Delphi Digital, Karatage, Fourth Revolution Capital, Monoceros, 32bit Vent...
FED Is Unlikely To Hike Interest Rates In March Amidst Banking Stress And Chaos: Goldman Sachs
The current state of the cryptocurrency market seems to be very unstable. With banks collapsing, stablecoin de-pegging, and the Fed raising interest rates, there is turmoil everywhere. The year began ...
Bitget Ramps Up Shark Fin Product ARP to 5% —…
Bitget, leading crypto derivatives and copy trading platform has announced the update of its Shark Fin products, which have received a major yield boost. The new APR has been raised to 5%, making it t...
Ole Miss To Hire Ex-Texas Coach Chris Beard
NEW YORK, NEW YORK – DECEMBER 06: Texas Longhorns head coach Chris Beard looks on during the second … [+] half of the game against the Illinois Fighting Illini at Madison Square Garden on ...
Ethereum, Solana are pulling in more users than other blockchains: Exec
Placeholder VC’s Chris Burniske recently appeared on a podcast with Raoul Paul. The VC executive believes that everything in the crypto space will eventually be benchmarked to Ethereum. Chris Burniske...
‘Big Short’ Michael Burry warns 2023 market is mirroring dot-com and housing crashes
Legendary investor Michael Burry, a hedge fund manager commonly known as “The Big Short,” has built a reputation for making predictions about the financial markets. In a now-deleted March 12 tweet, th...
Crypto Liquidations Hit $238M As Bitcoin Jumps 10%
Data shows the crypto futures liquidations have hit $238 million during the last 24 hours as Bitcoin has observed an uplift of 10%. Bitcoin Liquidations Reach $238 million Whenever an investor opens a...
SGEN Stock, PRVB Stock Rocket After Nabbing Takeover Deals
Pfizer (PFE) will buy cancer specialist Seagen (SGEN) for roughly $43 billion as Sanofi (SNY) takes over Provention Bio (PRVB) for about $2.9 billion, the companies announced Monday. In response, SGEN...
HedgeUp (HDUP) Presale Continues To Grow Portfolios as ETH, BTC Liquidity Thins
Advertisement     As the liquidity thinning of Bitcoin (BTC) and Ethereum (ETH) gets worse, crypto traders are now on the watch for a new sustainable crypto project to...
How SVB stock price performed in 5 years
Silicon Valley Bank (SVB) has suffered a major fall from grace following half a decade of being rated as one of the best banks in America. SVB and its parent company SVB Financial Group have been held...