The FDIC said depositors would have access to their insured deposits. Silicon Valley Bank has over $209 billion in assets and $175.4 billion in total deposits. Binance CEO mocked US critics as two ban...
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The Greed Of The US Banking System In Action: BTC Price Fell Again
Mar 11, 2023 at 09:00 // News Just a week ago, everyone in the cryptocurrency market expected that the “crypto winter” was over and that we were moving towards the spring of 2023, with a p...
Is USDC Another UST? DeFi Analyst Shares His Take
Vladislav Sopov Seasoned cryptocurrency researcher and educationist who goes by @DefiIgnas on Twitter is sure that USD Coin (USDC) will not collapse in TerraUSD (UST)-like manner Contents No, USD Coin...
Bitcoin (BTC) Price Analysis, What Does This Mean For Polygon (MATIC) and Orbeon Protocol (ORBN)?
– Advertisement – Bitcoin (BTC) has been trending for the past two weeks following consecutive price increases, which took Bitcoin (BTC) to highs of $24,982. Although the Bitcoin (BTC) val...
Cardano Founder Says Algorithmic Stablecoins Are Essential for Bitcoin (BTC) to Achieve Its Vision
Tomiwabold Olajide This comes in wake of embattled Silvergate and Silicon Valley Bank (SVB) buzz Cardano founder Charles Hoskinson voices his faith in algorithmic stablecoins in the long term as being...
BTC Above $20,000, ETH Beyond $1,400 on Saturday – Market Updates Bitcoin News
Bitcoin rose back above $20,000 on Saturday, despite markets still being spooked by the collapse of yet another banking institution. Silicon Valley Bank was shut down by U.S. regulators on Friday, cau...
Arthur Hayes Believes the Public was Mislead by SBF’s Demeanor
Arthur Hayes has shared his perception about SBF’s fall from grace to grass. Hayes believes SBF’s victims were attracted to the things they knew about him at ‘face value’. A glance at SBF’s resume wou...
BlockFi warned over $227m stuck in Silicon Valley Bank
BlockFi, a cryptocurrency lending platform, has been warned by the bankruptcy trustee that the $227m the company has in Silicon Valley Bank (SVB) may go against bankruptcy laws. This is because these...
Ark picks up more Coinbase stock, adding $6.4 million
Cathie Wood’s Ark Invest picked up a tranche of 119,429 Coinbase shares across two funds on Friday, purchasing about $6.4 million of the stock. The investment management firm, which focuses on d...
Is Vitalik Buterin Supporting USDC Amid Heavy Depegging?
USDC Crash News: Silicon Valley Bank collapse turns out to be the biggest bank to fall since the financial crisis erupted in 2008. However, this crisis has also indulged the cryptocurrency industry wi...
USDC depegs as Circle burns $2.34b in 24 hours
USD Coin (USDC) lost its $1 peg to the USD, trading to low as 81.5 cents on Mar. 11. Meanwhile, trackers indicate that Circle, the issuer of USDC, has burned $2.34b in the last day to meet increasing ...
End of Signature Bank Stock? Silicon Valley Bank, Silvergate Bleed
Signature Bank Stock faced the aftermath of the fall of major crypto supporting banks, as many witnessed bloodbath along with Silicon Valley Bank and Silvergate (SI). Signature Bank stock (SBNY) along...
RenQ Finance (RENQ) Looking To Replicate The Success of Avalanche (AVAX) And Chainlink (LINK) Has Kept Up With The Expectations Till Now
Despite facing significant challenges in the competitive crypto space, RenQ Finance is exceeding expectations and gaining momentum at an impressive pace. The presale for RENQ tokens has already sold o...
Cardano price forms solid foundation at current low, can Avorak AI help users trade these patterns?
The cryptocurrency market has always been volatile; token prices rise or drop within hours or minutes. However, Cardano has recently formed a solid foundation at its current low price, and more invest...
BTC Proxy Is Live on BNB Chain and Interoperable With WBTC and BTCB – Press release Bitcoin News
press release PRESS RELEASE. Leading DeFi protocol BTC PROXY today expanded support for the Binance BNB Chain as well as updating support on Ethereum and Polygon for their ($BTCpx) Bitcoin Proxy. Mint...
Robinhood reportedly suspends USDC depositing and trading
Robinhood, a platform that allows the commission-free trading of, among other instruments, cryptocurrencies, via a mobile app, has halted the depositing and trading of USDC. Robinhood temporarily paus...
542 Billion Shiba Inu Grabbed by Whale This Week as SHIB Begins Recovering, Zero ‘Burned’ Again
Yuri Molchan This top whale continues to buy massive chunks of SHIB this week — hundreds of billions of meme coins Contents 215.8 billion SHIB bought by this whale SHIB price rises as 490 million toke...
Binance Switches To Multiple Stablecoins, Discontinues Auto-Conversion Policy
Binance CEO Changpeng “CZ” Zhao on Saturday announced that Binance will now support multiple stablecoins and discontinued its Binance USD (BUSD) Auto-Conversion policy introduced last September. The m...
Circle ($USDC) Has Over $3B Tied Up At Silicon Valley…
The issuer of the second-largest stablecoin Circle has stated that it held an undisclosed portion of its $9.8 billion cash reserves at the failed Silicon Valley Bank as of 17th January 2023. Circle S...
Robert Kiyosaki warns 3rd U.S. bank to crash, Peter Schiff says ‘bigger collapse’ ahead
The United States financial system has been rattled by the collapse of Silicon Valley Bank (SBV) and Silvergate Bank within 48 hours as economic uncertainty prevails. Therefore, some financial sector ...
USDC Stablecoin Loses Dollar Peg Following Collapse of Major Banking Partner ⋆ ZyCrypto
Advertisement     USDC stablecoin lost its peg to the dollar early Saturday, dropping as low as $0.84 moments after the descent of Silicon Valley Bank, a major banking...
17th Edition of Digital Transformation Summit: Qatar
Exito, having successfully organized 15+ editions of the Digital Transformation Summit globally, is now preparing to host another significant event that provides an excellent opportunity to “Future-Pr...
DigiToads between analysts picks for March- The Cryptonomist
SPONSORED POST* Top Crypto Picks for March 2023 With the rapid evolution of the digital economy, it’s no surprise that savvy investors are looking to the latest technologies to grow their wealth. Ma...
Senator Warren slams fake audits amid SVB collapse – Cryptopolitan
United States Senator Elizabeth Warren has hit out at the fake audits currently ongoing in the crypto market. In a statement released by Senator Warren and Wyden, the lawmakers tasked the oversight bo...
Near House by Supermoon Drives Collaboration Between Near Protocol builders During ETH Denver
Supermoon Camp successfully organized Near House ETH Denver, bringing together 20 selected builders and founders from the Near ecosystem for an 8-day “Stay Together, Build Together” experience. Near ...
Life Lessons And 17 Stock Ideas From Billionaire Value Investor Mario Gabelli
The Bronx-born mutual fund maven illustrates the value of education and hard work, and offers a trove of his best ideas for the current market. The old cynical adage that holds that the best way to en...
Dow Plunges Nearly 1,500 Points In Worst Week Since June As Bank Stocks Collapse
Topline Major indexes fell on Friday as bank stocks struggled following the sudden collapse of one of Silicon Valley’s biggest lenders, which launched a failed bid to help shore up cash during t...