The price of Bitcoin (BTC) is soaring as the Biden Administration races to prevent the collapse of Silicon Valley Bank from triggering a mass exodus at regional banks across the U.S. The U.S. Treasury...
Tag: Bitcoin
Binance Trains Ukraine’s Cyberpolice and Security Service – Exchanges Bitcoin News
Crypto exchange Binance has organized training courses for representatives of law enforcement authorities in Ukraine. The leading coin trading platform has been involved in dozens of similar initiativ...
Bitcoin Price Prediction: BTC holds $20K despite global selloff
Bitcoin Price prediction suggests consolidation in the wide range between $18,000 to $24,000 until the crypto bank Silvergate issue is resolved. BTC Price fell below its previous month low at $21,351 ...
Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve Banking – Economics Bitcoin News
After the failure of Silicon Valley Bank (SVB), a great deal of Americans are starting to realize the dangers of fractional-reserve banking. Reports show that SVB suffered a significant bank run after...
Bitcoin (BTC) Reclaims $21,000 Amid SVB Chaos
Alex Dovbnya As Silicon Valley Bank’s sudden collapse sends shockwaves across the technology industry, the price of Bitcoin soared to an intraday high of $21,605 on the Bitstamp exchange The pri...
Bitcoin Price Fall Ignites Huge “Buy The Dip” Moment For Whales As BTC Accumulation Heightens ⋆ ZyCrypto
Advertisement     Despite the recent Bitcoin crash to sub-$20,000 and the subsequent failure of crypto-affiliated lender Silicon Valley Bank pinning markets down, big ...
Bitcoin rises to over $21k, as shorts get squeezed out and returns to pre SVB price levels
Bitcoin made a high on March 12, to $21,500, as futures markets prepared to open in the next few hours. Over $100 million of liquidations occurred in the past 24 hours Markets have been net short Bitc...
Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow – Bitcoin News
The U.S. Federal Deposit Insurance Corporation (FDIC) began an auction process for Silicon Valley Bank (SVB) late Saturday night, according to reports. Final bids are due by Sunday afternoon. Unnamed ...
Aave Freezes Stablecoin Trading Amid Price Volatility
Aave, a popular lending protocol in the decentralized finance (DeFi) space, has taken action to mitigate the impact of recent price volatility in the stablecoin market. On March 11, the price of USD C...
Circle Plans to Cover USDC Shortfall After SVB Shutdown
Circle, the issuer of the stablecoin USD Coin (USDC), has been forced to take action to cover a significant shortfall in its reserves after the closure of Silicon Valley Bank (SVB), one of the largest...
USDC Holders Panic Sell Amid Solvency Concerns
USD Coin (USDC), a popular stablecoin pegged to the U.S. dollar, has been facing solvency concerns since March 10, leading several holders to panic sell their holdings and switch to other stablecoins....
Can Bitcoin Price Retest to 200 Moving Average Restore Bullish Recovery?
Published 11 seconds ago BTC Price Prediction: The last three weeks’ correction phase has plunged the Bitcoin price from a peak of $25200 to $19800, registering a 22% loss. The coin price is currently...
Bank of England halts Silicon Valley Bank UK branch operations
The Bank of England (BoE) has stopped the operations of Silicon Valley Bank’s United Kingdom branch (SVB U.K.), citing its limited presence and no critical functions supporting the financial system. O...
Future of Silicon Valley Bank May Put Trillions of Dollars at Risk
The potential collapse of Silicon Valley Bank (SVB) has caused alarm among regulators, investors, and depositors alike, with experts warning that the fallout could extend far beyond the tech bank itse...
Banks increase risks to stablecoins
The recent depegging of Circle’s USD Coin (USDC) caused a stir in the cryptocurrency market, with Binance CEO Changpeng “CZ” Zhao pointing fingers at traditional banks for their role...
Ackman Urges US Government to Guarantee SVB Deposits
Billionaire hedge fund manager Bill Ackman has warned the US government that failing to guarantee all deposits held by Silicon Valley Bank (SVB) within 48 hours could result in the destruction of seve...
Investors Rally to Support Silicon Valley Bank Amidst Possible Closure
Silicon Valley Bank (SVB) has been a major player in the tech industry for over 40 years, providing banking and funding services to countless startups and established companies alike. However, recent ...
Yellen Works with Regulators to Address Silicon Valley Bank Collapse
On March 10, 2023, California’s financial watchdog shut down Silicon Valley Bank (SVB) following an announcement of a significant sale of assets and stocks to raise $2.25 billion in capital to s...
Bitcoin Price to Plunge Back Below $4,000, Peter Schiff Predicts
Alex Dovbnya Peter Schiff, the CEO of Euro Pacific Capital and an ardent critic of Bitcoin, has predicted a steep decline in the value of the world’s largest cryptocurrency, suggesting that it w...
US Treasury Secretary Rules Out Government Bailout of Silicon Valley Bank – Featured Bitcoin News
U.S. Treasury Secretary Janet Yellen has ruled out a government bailout of the collapsed Silicon Valley Bank (SVB), which was shut down by regulators on Friday. Yellen explained that the reforms put i...
Bitcoin perps most negative since FTX collapse, while Bitcoin continues to be withdrawn from exchanges
Quick Take The second most amount of Bitcoin withdrawn from exchanges this year at roughly 15,000 BTC. The perpetual funding rate is extremely negative, indicating Bitcoin is being shorted aggressivel...
Bitcoin Price Analysis: Glide to 20700
BTC/USD Gains Modest Ground: Sally Ho’s Technical Analysis – 13 March 2023 Bitcoin (BTC/USD) added to recent gains over the past couple of trading sessions early in the Asian session as the pair was ...
Silicon Valley Bank: Bitcoin investors in panic as market goes sideways
BTC has logged negative funding rates for the first time this year. On-chain data shows increased selling as many exit trading positions. As the cryptocurrency market grapples with the uncertainty tha...
Something banks cant do, is clear on weekends, as Bitcoin transactions hit record numbers over weekend
Definition The total number of transactions waiting in the mempool in different size (vByte) cohorts. Quick Take The number of transactions in the mempool has surpassed three-year highs Transaction co...
USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident – Market Updates Bitcoin News
On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) p...
Is Circle’s USDC Stablecoin Crisis a Blessing in Disguise for Bitcoin?
Alex Dovbnya The recent crisis surrounding Circle’s USD Coin (USDC) stablecoin may have inadvertently boosted Bitcoin, as people are turning to it to achieve a synthetic USD due to the collapse ...
Lugano After One Year on its Bitcoin and Tether Standard
It’s been one year since the Swiss city of Lugano established Bitcoin and Tether (USDT) as de facto legal tender within its borders. Since then, how has its adoption initiative fared?On Monday, Tether...
Bitcoin (BTC) Price Prediction 2025-2030: Post-Silvergate, where can BTC go now?
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. With just twenty days remaining i...
Critics Call Warren’s Silvergate Take ‘Terribly Misinformed,’ SVB Collapses, Vitalik’s Token Sell-Off Moves Markets, and More — Week in Review – The Weekly Bitcoin News
It’s been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its liquidation, U.S. Senator Elizabeth Warren blaming the event on “crypto risk,” and individuals o...
Bitcoin And Flow Coin Slump, As Big Eyes Coin Continues Its Unstoppable Presale Run Past $31.24 Million
There have always been significant swings in the value of Bitcoin and other cryptocurrencies, including sudden peaks and rapid drops. Nonetheless, investors and cryptocurrency enthusiasts are quite an...
Judges Will Likely Rule in Favor of Grayscale in Bitcoin Spot ETF Battle With SEC, Says Bloomberg Expert – Here’s Why
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...