A senior litigation analyst at Bloomberg Intelligence believes that the odds are now in favor of Grayscale in its legal battle with the U.S. Securities and Exchange Commission (SEC). Last year, Graysc...
News
Hybrid DEX, INNODEX, emerges amid FTX, Silvergate liquidity crises
Silicon Valley Bank (SVB), representing the United States information technology hub, Silicon Valley, went bankrupt due to a bank run, massive deposit withdrawals, in under 14 hours. SVB’s bankruptcy...
Silicon Valley Bank UK Closed by Bank of England (BoE)
20 seconds ago | 2 mins read Bitcoin News The bank liquidators would be responsible for handling the remaining SVB UK assets. Major blockchain VCs had over $6 billion in assets with the bankrupt finan...
USDC Regains Footing Following Circle Pledge to Cover Shortfalls
After depegging yesterday, USD Coin (USDC) rallied back to as high as $0.98 following news that its issuer Circle promised to cover any shortfall in its reserves amid the Silicon Valley Bank (SVB) cri...
10 Biggest Silver Mining Companies
Silver mining companies are engaged in the exploration, development, and production of silver. Many companies in the silver mining industry also mine for other metals, such as gold, palladium, lead, a...
PancakeSwap’s attempt to flip Uniswap’s TVL thwarted for now
PancakeSwap enhances its strategy for its next attempt at surpassing Uniswap’s TVL. The latest transaction volume data reveals a win for PancakeSwap. PancakeSwap and Uniswap have been locked in a batt...
South African Rand Plunges to New 2023 Low Versus the US Dollar – Africa Bitcoin News
Just a few weeks after tapping its best exchange rate versus the greenback in 2023, the South African rand fell to a new 2023 low of 18.636 local currency units for every dollar on March 7. South Afri...
Gala (GALA) Rallies as HedgeUp (HDUP) Spike 50% Restructures The Crypto World
The crypto market has been an exciting place for crypto enthusiasts. The marketplace is much greener, and the year is looking promising. Investors can be excited about having access to HedgeUp (HDUP) ...
This Bitcoin Cycle Signal Suggests Bear Market Is Nearing an End
A powerful new on-chain analysis tool called the Bitcoin Cycle Extremes indicator has been released. It’s designed to help find extreme conditions in the Bitcoin market. It attempts to answer the ulti...
Vitalik Buterin Deposited 500 ETH to Mint This Token, Here’s Why
Arman Shirinyan Vitalik Buterin deposits 500 ETH to mint token not everyone is familiar with Vitalik Buterin moved 500 ETH to the Reflexer protocol to mint a RAI token, which he then exchanged for USD...
MakerDAO Devises Emergency Plan To Safeguard DAI Stablecoin
6 seconds ago | 2 mins read Altcoin News The value of DAI, a stablecoin tied to the U.S. dollar, fell to an all-time low of $0.88. The stablecoin issuer has recommended similar measures for DeFi proto...
Two Major Banks Shut Shop $BTC
The loss of these two major banks has hit the crypto space especially hard. Let’s see how this development affected the market and check out some newsworthy crypto moments from this week. DeFi Popula...
CZ blames banks for the increase in stablecoins risks – Cryptopolitan
Binance CEO Changpeng CZ Zhao has waded into the SVB conversation that has been ongoing for some days. The Binance boss has faulted the role of traditional banks for the heightened risk in dealing wit...
Morgan Creek Capital Pleads Government to Bail SVB; Says Analyst
Mr. Whale tweeted that Morgan Creek Capital was a large depositor at SBV. The tweeter added that Anthony Pompliano has been urging the government to bail the bank out. Reports suggest that many banks ...
Avorak AI, SingularityNET And Fetch.ai Called “Best AI Projects For 2023” By Polygon Holders
AI has become increasingly popular in recent years, and the rise of AI crypto has been an even more exciting development to witness. Crypto investors are therefore on the look for investment opportuni...
Ethereum Whale Moves 258,837,671,569 Shiba Inu (SHIB) in One Massive Transaction: On-Chain Data
One of the largest Ethereum (ETH) whales in existence is turning heads, shifting over a quarter of a billion Shiba Inu (SHIB) tokens in one massive transaction. Blockchain-tracking service Etherscan s...
USDC Recovers to $0.95, Bitcoin Reclaims the $20K Mark (Weekend Watch)
The past 24 hours saw the cryptocurrency market take a bit of a breather as it managed to recover around $16 billion in terms of its total capitalization. That said, the turmoil around USDC continues,...
Fed Rate Puzzle Gets Final Inflation, Retail Pieces
(Bloomberg) — Reports this week expected to show still-hot US inflation and a backslide in retail sales round out the last of key economic data markers for Federal Reserve policymakers ahead of ...
UNI price slips to $5.46 as bears regain control – Cryptopolitan
Uniswap price analysis for today shows that the price is covering downward movement once again. The value depreciated to a low of $5.46 and is currently consolidating, indicating that the price could ...
We asked ChatGPT what will be Polygon (MATIC) price in 2030
After a recent widespread downturn that has engulfed the majority of the cryptocurrency market, Polygon (MATIC) is back to trading in the green, and OpenAI’s artificial intelligence (AI) tool ChatGPT ...
Will It Bounce From Here?
Arman Shirinyan XRP has reached fundamental support level that might finally become reversal point for asset XRP has been in a downtrend for the last few weeks, moving in a descending channel. However...
Big Eyes Coin Celebrate Women’s Day
SPONSORED POST* This week, Big Eyes Coin (BIG) is celebrating women’s day by platforming the Women of Web3 and other organisations that support women in crypto. They have announced their decision to p...
2023 CoinMarketCap Crypto Playbook – The Cryptonomist
What inspired the 2023 CMC Crypto Playbook? It’s the end of yet another year in the cryptocurrency industry, and nothing has gone the way that we planned. 2022 has been such an eventful year, that’s w...
Friday’s NFP Report exceeded expectations: so why did the dollar tank?
The Non-Farm Payrolls (NFP) report for February was scheduled for release last Friday – one week later than usual. It showed that the payroll employment rose by 311k in February, while the unemploymen...
Shiba Inu Burn Machine Has No Effect on 590 Trillion SHIB Supply, Data Shows
Arman Shirinyan Shiba Inu burning mechanism struggles to beat enormous 590 trillion supply Shiba Inu, the meme-inspired cryptocurrency, has been burning millions of its tokens since its creation. Howe...
“Banks Are a Risk to Fiat-backed Stablecoins,” Binance CEO Says
Binance CEO worries about USDT and USDC following US bank collapse. Emabattked Silicon Valley Bank has $209 billion in total assets. USDC has over $3 billion with the troubled US Silicon Valley Bank...
After $1 Trillion Lost To Inflation, Consumers’ Resilience Has Reached The Breaking Point
Have American consumers reached burn out? getty The National Retail Federation has gushed over the resiliency of the U.S. economy and the American consumer ever since retail opened up after the pandem...
HedgeUp (HDUP) and Binance Coin (BNB) Expected to Perform Well in 2023
As the bear market continues to create havoc in the crypto space, new token releases are at their all-time high. More and more projects are joining the ranks, and HedgeUp (HDUP) is one of those leadin...
What’s a green bond? Behind the contract that sent Rivian stock sinking
Rivian (RIVN) stock hit an all-time low on Tuesday after the company announced it would be selling $1.3 billion in convertible green bond offerings due in 2029. The electric vehicle maker is just the ...