USDC Redemptions. Source: CryptoQuant Moreover, Ki Young Ju believes the USDC situation is completely different from the TerraUSD (UST) collapse. The Luna Foundation Guard sent billions in BTC to cryp...
News
Elon Musk says he’ll buy Silicon Valley and create a digital bank – Cryptopolitan
Elon Musk has always been an entrepreneur who thinks outside the box, and he recently surprised the tech and banking industries by announcing his interest in buying Silicon Valley Bank (SVB) to create...
DeFi Platform Maker DAO Takes Swift Action to Address $3.1B USDC Risk with Emergency Proposal
The crypto market has again met with another stablecoin collapse after UST as investors are rushing to withdraw their funds. Circle, the issuer of USD Coin (USDC), today announced that it faced challe...
Brevan Howard Acquires Dragonfly Capital’s Crypto Fund
Brevan Howard Asset Management has taken over a digital asset fund run by Dragonfly Capital. The takeover signals Brevan Howard’s push into the digital asset space. The new crypto fund will operate un...
$CRM Stock Price Decline as Salesforce Announces More Layoffs
CRM stock price followed a bearish pattern after the company cut hundreds of sales and marketing jobs. Salesforce Inc (NYSE:CRM) is a cloud-based software company which designs and develops cloud-base...
Web3 Startup Helps Indonesia’s Tourism Economy Survive
Linda Adami, founder of Web3 and NFT startup Quantum Temple, is on a mission to preserve and promote cultural heritage through technologies based on an immutable ledger. Through her startup, the 30-so...
SVB shut down, Powell has to decide between a new financial crisis or raising inflation target
Ad TLDR At the upcoming Federal Open Market Committee (FOMC) meeting on March 22, a 25 basis point rate hike is the favored probability. A terminal fed funds rate of 5.50% with a 25bps cut at the end ...
Nigerian Banks Resume Dispensing Recently Demonetized Naira Banknotes
– Advertisement – According to local reports, Nigerian financial institutions have begun abiding by a Supreme Court ruling that invalidated the Central Bank of Nigeria (CBN)’s demonetizati...
Bitcoin (BTC), Ethereum (ETH), and Web 3.0 Asset Backed HedgeUp (HDUP)
The popularity of crypto continues apace with more ‘everyday investors’ – many complete novices – enjoying the benefits and rewards. And while Bitcoin may have heralded the start of disruptive, decent...
United States lawmakers call for accountability from crypto auditors
U.S. Senators Elizabeth Warren and Ron Wyden are calling for more accountability from crypto auditors. The lawmakers are alleging that the sham audits by crypto auditors are responsible for the ongoin...
Solana (SOL) Doesn’t Have Any Long-Term Value, Cyber Capital CIO Claims
Justin Bons, Cyber Capital founder and CIO, has taken to Twitter to voice his latest criticism of the Solana blockchain. Bons says he does not see the point of Solana’s blockchain in the long te...
Bitcoin Fear and Greed Index Drops to 2-Month Low
The cryptocurrency industry experienced its own set of failures last year when numerous internal companies and projects imploded, resulting in declining prices, countless bankruptcy filings, and, some...
SOL gains positive momentum at $17.52 – Cryptopolitan
Solana price analysis for March 11, 2023, reveals the market following a partial bullish movement; moreover, Solana has obtained massive negative momentum, signifying a decline for the SOL market. Sol...
Missed Out On (DOGE) Or (SHIB)? Join the Crypto Elite With HedgeUp (HDUP) Presale
Advertisement     The popular meme coins, Dogecoin (DOGE) and Shiba Inu (SHIB), initially sold tokens at affordable prices and offered terrific returns. However, infus...
The Young Entrepreneurs And Scientists Working To Save The Planet
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Alisha Fredriksson GUERIN BLASK FOR FORBE...
Cardano [ADA] inflicted a bullish breakout- Are short-sellers subdued?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion ADA formed a descending channel pattern since mid-...
USDC’s situation is very different from UST’s – Here is a closer look – Cryptopolitan
The stablecoin world is once again facing uncertainty as the world’s second-largest stablecoin, USD Coin (USDC), faces a potential black swan event that could lead to the collapse of the entire stable...
Maker DAO files emergency proposal addressing 3.1B USDC exposure
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.” ...
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 ...