Sam Altman’s OpenAI has released GPT-4, an upgrade of its third-generation artificial intelligence engine that will affect the entire crypto industry. The prior version, GPT-3, underpinned the viral h...
Tag: Crypto
Institutions Ditched Bitcoin, Ethereum and Crypto Market at Record Pace Right Before Massive Rallies: CoinShares
Institutional crypto investment products suffered their largest weekly total of outflows ever last week, according to digital asset manager CoinShares. In its latest Digital Asset Fund Flows Weekly Re...
Brett Harrison on how the meltdowns of Silvergate and Signature can reshape crypto
Episode 23 of Season 5 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Architect Founder & CEO Brett Harrison. Listen below, and subscribe to The Scoop on Apple,...
The Crypto App, Industry’s All-in-One Utility Platform, Raises Stakes with Its New Pro and Pro+ Services
The Crypto App, an all-in-one cryptocurrency tracking, analytics and content platform, allows crypto traders and holders to advance their understanding of crypto markets, to create and implement data-...
FED Wants Tougher Rules As Crypto Friendly US Banks Collapse
Crypto News: The recent collapse of major Crypto Friendly Banks has spiked the volatility in the global market. The intervention of the U.S. Financial Regulator helped the markets to recover while inv...
Crypto bank Anchorage Digital cuts 20% of staff citing regulatory uncertainty
Crypto bank Anchorage Digital announced it would be letting go of 75 employees, representing approximately 20% of its workforce, citing regulatory uncertainty in the United States as a factor in its d...
Crypto Bank Closures to Impact Business in the US
The crypto industry may have weathered the storm, but the aftermath will be significant as they face a de-banking crisis and some uncertain next steps. So, to start with, three banks collapsed in less...
CFTC Includes Crypto and Tech Executives in Advisory Committee
The Technology Advisory Committee focuses on guiding CFTC regarding technology’s impact on the financial system. CFTC is the US financial regulator that monitors the derivatives market. US financial...
Signature Bank Closure Has Nothing to Do With Crypto, Says Regulator – Finance Bitcoin News
The decision to close down Signature Bank had “nothing to do with crypto,” said the New York State Department of Financial Services, the regulator that took possession of the troubled bank on Sunday. ...
Crypto stocks rally as US inflation data comes in line with expectations
Bitcoin soared to its highest point since June before gains were mostly wiped out, trading at $24,595 at 5:55 p.m EDT, up 1.4% on the day, according to data from TradingView. Ether was up about ...
Crypto Not It, Regulators Denied Signature Bank Was Targeted For Ties With Digital Assets
After being shut down by U.S. regulators on Sunday, crypto-friendly Signature Bank director and former Congressman Barney Frank claimed they had “no indication of problems.” They suggested the bank’s ...
Crypto, Now Safer Than Fiat – Trustnodes
Crypto went through some turbulent months during the second half of ’22, but that might now largely be over as the excesses and carelessness of the bull exuberance might largely have been erased by th...
Giancarlo– the Crypto Dad Talks of CBDC; Calls them Freedom Coins
Ex-CFTC Chair said the rise of CBDCs is a change to reassess and rebalance current financial surveillance with American constitutional norms, the presumption of innocence and the rule of law. He also ...
Major British Bank Limiting Customer Crypto Payments
Alex Dovbnya Two UK companies have announced restrictions on cryptocurrency payments for their customers, putting further pressure on the struggling digital asset industry On Tuesday, NatWest, one of ...
Crypto bank Anchorage Digital cuts 20% of staff amid regulatory uncertainty, market volatility
Anchorage Digital, the only federally chartered crypto bank in the U.S., said Tuesday that it would cut about 20% of its staff amid regulatory uncertainty in the U.S., macroeconomic challenges and cry...
Signature Bank Closure is a Signal for Crypto Market, says Frank
Signature Bank collapsed on Monday morning, after which Barney Frank says regulators shut down the bank to send “a strong anti-crypto message.” In the last 4 days, this was the second US bank collapse...
Pandemic cash creation lifted markets, now small banks and crypto are in limbo
The views and opinions expressed here belong solely to the author. The COVID-19 pandemic caused governments and central banks to create a lot of new money, which had a significant impact on the bankin...
Bitcoin tops $26,500, spurs Crypto Twitter chorus of ‘we’re so back’ before falling again
Markets • March 14, 2023, 4:15PM EDT Bitcoin soared to its highest point since June before gains were mostly wiped out. Bitcoin briefly broke $26,500 shortly after the release of U.S. inflation ...
Silicon Valley Bank Contagion: Crypto Companies Affected Include BlockFi, Circle, Avalanche, Ripple
As the fallout from the stunning collapse of Silicon Valley Bank (SVB) plays out, numerous crypto companies have signaled their exposure to the bank, which long maintained a reputation as one of the m...
Lawyer Says SEC’s 200 Crypto Enforcement Actions?
XRP Price News: XRP lawyer John Deaton said the political and economic war on crypto is real. He predicted that there might not be legislation for crypto in the United States until late 2025. Deaton r...
Could the Silicon Valley Bank Crisis End Crypto Winter?
Following the collapse of Silicon Valley Bank, markets are predicting the Federal Reserve will take a softer approach to raising interest rates, a potentially hopeful sign for cryptocurrencies that ha...
Coinbase Stock Rallies 9% Amid Crypto Market Revival
Coinbase (COIN) jumped more than 9% at the opening bell Monday, once again exposing the stock’s correlation to the broader crypto market. COIN, which is trading at the Nasdaq exchange, ended last week...
Crypto Fund Outflows Hit All-Time High Last Week, $255M in Bitcoin, Ethereum
Investors pulled a net total of $255 million out of exchange-traded crypto funds last week, the largest weekly outflow CoinShares has ever recorded, according to a report on Monday. Assets under manag...
How Can Crypto Staking Be Utilized For Passive Income?
Which cryptos are best for staking? In the world of cryptocurrencies, crypto staking is the equivalent of receiving interest or dividends while holding onto your assets. It is a way to generate passiv...
UK’s Third Largest Bank NatWest Places £1,000 Daily Limit on Crypto Deposits
Popular UK-based financial institution National Westminster Bank (NatWest) has restricted the funds its customers can spend on crypto purchases to reduce their exposure to the volatile asset class. Ac...
Former FTX exec Brett Harrison thinks banks will compete for crypto business
New banks will compete for business from crypto companies following the demise of Silvergate and Signature bank, former FTX.US president Brett Harrison said. “Previously those banks couldn...
Crypto Futures Trading Volume Hit $140B In 24H; Binance Leads BTC & ETH
Binance leads in both BTC and ETH futures volumes and open interest. Bybit, MEXC Global, and Deribit also record high BTC and ETH futures volumes and open interest. Crypto futures trading volume surge...
Elon Musk Backs Cathie Wood’s Bullish Crypto Comment Amid Banks Crisis
Elon Musk News: Cathie Wood, CEO of Ark Invest launched an attack on the US banking system targeting the recent collapse of multiple banks. However, she went on to praise the digital asset networks du...