According to a forum post from Maker DAO, issuer of the U.S. dollar-pegged DAI stablecoin, on Mar. 11, the firm requested an “urgent executive proposal to mitigate risks to the protocol.” ...
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MakerDAO’s Total Collateralization Stands at 15.4%; Report Says
MakerDAO tweeted that the total collateralization of the system is at 15.4%. The platform commented that there was no liquidation over the past week. It also announced the smooth functioning of PSM po...
South Dakota Governor Vetoes Bill Supporting CBDC Over Crypto
South Dakota governor Kristi Noem has vetoed House Bill 1193. The bill changes the definition of money to exclude cryptocurrencies like Bitcoin and includes support of a central bank digital currencie...
Will the Ongoing USDC Depeg Worsen Crypto Winter Further?
10 seconds ago | 2 mins read Altcoin News 25% of Circle’s USDC cash reserves were managed by Silicon Valley Bank. The market cap of USDC crashed down over 14% in the last 24h. The second largest stabl...
USDC depeg – Everything we know so far as contagion spreads from TradFi banking
Ad What we know so far about the SVB collapse and USDC/DAI depeg (updated): Crypto firm Circle reveals $3.3 billion stuck in SVB DAI/USDC depeg as stablecoin pressure continues after Silicon Valley ba...
FRC Stock Analysis: More Buyers To Appear as Shares Regain Position
1 Silicon Valley Bank recently became the second-largest US banking disaster. 2 FRC stock price was changing hands at a market price of $81.76. With the recent collapses of institutions like Silvergat...
TMS Network (TMSN) Disrupts Trading Industry with Innovative Ideas, While Tether Emerges as Leading Stablecoin as BTC Faces Rate Fears
Advertisement     Join us as we explore the two players revolutionizing cryptocurrency investment: Tether (USDT) and Bitcoin, and learn about the revolution that TMS N...
Kucoin and Bone ShibaSwap Surged 6% While Maker and Frax Share Tumbled 10-12%
Published 2 mins ago Cryptocurrency price prediction today Mar 11th: the recent bloodbath in the crypto market triggered by the Silicon Valley Bank crisis has also affected some of the top stablecoins...
hedgeUp performing better Than OKB and XLM
SPONSORED POST* HedgeUp is setting a new trend in the crypto world. As the first cryptocurrency with NFT Alternative Investment Marketplace, HedgeUP (HDUP) is a popular choice. This implies that you c...
Why TMS Network (TMSN), MATIC Are Top Whale Picks, SOL Forecast
Advertisement     After (SOL) tumbled in November last year, many wonder if it is still a safe asset. It would not be surprising if most of those who lost their acquis...
Altcoins to watch out in 2023: DigiToads, Apecoin, and Quant!
The demand for alternative cryptocurrencies or “altcoins” is rising as the crypto market expands. Unlike Bitcoin and Ethereum, which have already established their dominance in the market, altcoins of...
Coinbase Is Willing to Defend the Honor of Staking at All Costs
Coinbase is upping its game in the recent staking battle begun by the Securities and Exchange Commission (SEC). The popular digital trading platform is moving to the frontlines and has vowed to become...
Top Crypto Analyst Updates Outlook on Bitcoin (BTC), Solana (SOL) and Cardano (ADA) – Here Are His Targets
Widely followed analyst and trader Jason Pizzino is mapping out the path forward for three large-cap crypto assets. Starting with Bitcoin (BTC), Pizzino tells his 282,000 YouTube subscribers in a new ...
FDIC Forms Deposit Insurance for Troubled Crypto Start-up Lender SVB
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...
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...