Bitcoin Price News: Credit Suisse Group AG shares price registered a drop of 24% on Wednesday as the global bank crisis stretches. This comes after Saudi National Bank, Credit Suisse’s biggest investo...
Tag: Breaking
Citadel founder Ken Griffin: Fed’s intervention in SVB collapse shows U.S. capitalism is ‘breaking down before our eyes’
“The U.S. is supposed to be a capitalist economy, and that’s breaking down before our eyes. There’s been a loss of financial discipline with the government bailing out depositors in full.” That’s Ken ...
Breaking: Shanghai upgrade executed on testnet but not without issues
Ethereum validators are now one step away from being able to unstake their Ether from the Beacon Chain The Shapella hard fork has been executed on the Goerli testnet — the last test run before Ethereu...
Icahn says economy breaking due to inflation, poor corporate guidance
Carl Icahn at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on September 13, 2016. Heidi Gutman | CNBC Famed investor Carl Icahn believes the U.S. economy is in trouble becaus...
Breaking: Bitcoin Jumps 17% Breaks $26K As US CPI Inflation Cools To 6%
Crypto News: Bitcoin (BTC), the world’s largest digital asset price jumped by a whopping 18% over the past 24 hours to break the $26k price level. This spike comes after the February inflations look t...
Fed rate expectations flip as US inflation data may take backseat to banking tumult
Crypto prices soared throughout the day as the turmoil in U.S. regional banking continued and interest rate hike expectations were recalibrated. The target rate probability of no increase next ...
Justice Department investigating collapse of TerraUSD, WSJ says
The Justice Department is investigating the collapse of the TerraUSD stablecoin, The Wall Street Journal reported, citing sources. Terraform Labs and its CEO Do Hyeong Kwon are already facing ci...
Binance to suspend GBP transactions as payments partner moves away
Binance will suspend GBP deposits and withdrawals after its payments partner Paysafe said it would no longer support them. The move will affect new users starting March 13 and all users on May 2...
DeFiance Capital completes first close of $100 million liquid token fund
Arthur Cheong’s crypto investment firm is back in the game after getting hit by the now-bankrupt crypto hedge fund Three Arrows Capital. DeFiance Capital completed the first close of a new...
Bitcoin hurtles back above $23,000 as crypto prices buoyed amid US banking woes
Cryptocurrency prices have soared over the past day as U.S. President Joe Biden sought to reassure Americans that the country’s banking system was safe in the wake of the collapses of Silicon Va...
Digital asset funds experience biggest weekly outflows on record
Digital asset investment products experienced outflows of $255 million last week, the largest dollar-figure outflows on record, according to asset manager CoinShares. For the fifth consecutive w...
Breaking: HSBC Acquires Silicon Valley Bank UK Subsidiary for £1
Following the takeover of Silicon Valley Bank by the United States Federal Deposit Insurance Corporation (FDIC) over the weekend, SVB’s UK subsidiary has been acquired by HSBC Holdings plc, a British ...
Breaking: HSBC Buys Out Troubled Silicon Valley Bank UK
Crypto News: In the latest turns of events, the United Kingdom (UK) government announced that HSBC holdings acquired the British subsidiary of the Silicon Valley Bank. This move comes after the United...
BCB Group pauses US dollar payments pilot after Signature Bank closure
BCB Group, a London-based provider of payment services and business accounts for crypto firms, halted a planned U.S. dollar payments program after regulators shut down Signature Bank earlier today. &#...
State regulator takes control of Signature Bank, federal regulators guarantee deposits
Policy • March 12, 2023, 7:29PM EDT The New York Department of Financial Services seized crypto-friendly Signature Bank in order “to protect depositors,” the state banking regulator said i...
Cardano (ADA) Price Prediction 2025-2030: The odds on ADA breaking past $0.4 are…
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. Cardano (ADA), like Bitcoin and m...
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...
Breaking Down What Makes The Feel-Good Sports Comedy ‘Champions’ A Winner
(Left to right) Woody Harrelson, Kaitlin Olson and Bobby Farrelly attend the premiere of ‘Champions’ … [+] at AMC Lincoln Square Theater in New York City. Getty Images Champions, the...
Weird crypto quirk sees user turn $1.45 into $2 million
Amid the madness of the last 24 hours, with the USDC stablecoin depegging and fears over how much this will impact the wider crypto market, there was a peculiar trade that stood out. In it, one ...
USDC and DAI remain at about $0.90 following Circle’s disclosure of funds at SVB
The fallout from the collapse of Silicon Valley Bank spread overnight to the USDC stablecoin, which lost its peg to the U.S. dollar and dropped as low as $0.88. Following Circle’s disclosu...
Circle says $3.3 billion of USDC reserves are with Silicon Valley Bank
Circle, the crypto payments firm behind stablecoin USDC, confirmed late Friday evening that $3.3 billion of the cash backing its coin remain with Silicon Valley Bank. Circle, which had early tw...
BlockFi has $227 million in uninsured funds in Silicon Valley Bank
Crypto lender BlockFi has $227 million in “unprotected” funds in Silicon Valley Bank, according to a bankruptcy document, and may be in violation of U.S. bankruptcy law. The bank was shut down b...
Bitcoin falls to $20,000, leads drop in crypto prices as JPMorgan remains negative on crypto
Crypto prices continued to trade down driven lower by the latest U.S. banking casualties and worsening market sentiment. Bitcoin was trading around $19,990, down 5% in the past 24 hours, according to...
Silicon Valley Bank closed by California regulator
Markets • March 10, 2023, 11:56AM EST Silicon Valley Bank was closed by the California Department of Financial Protection and Innovation. The Federal Deposit Insurance Corporation was appointed as the...
Silicon Valley Bank plunges 60% before halt, Signature trading stopped shortly after open
Markets • March 10, 2023, 9:56AM EST Trading in Silicon Valley Bank is halted for pending news, but not before after shares plunged 63% in pre-market trading. Signature Bank was halted for volatility ...
Record Breaking! Big Eyes Coin Offers a Complimentary 5,000% ROI Loot Box, Rivaling Shiba Inu and Floki
Big Eyes Coin, with its awe-inspiring presale number, is offering an exciting opportunity that shouldn’t be missed if you want to be a part of a promising and historic event in the world of cryptocurr...
Bakkt’s Q4 earnings dragged down by goodwill impairment charge of $272 million
Bakkt reported an increase in revenue and expenses in the fourth quarter, driven by another large impairment charge. Revenue came in at $15.6 million, below FactSet estimates of $16 million, but...
New York sues KuCoin, claims ether is an unregistered security
New York Attorney General Letitia James has sued digital asset exchange KuCoin for violating New York laws governing the trading of securities and commodities, and named ether, among other tokens, as ...