Representatives for Circle and Coinbase blamed traditional financial institutions — ‘TradFi’ — for instability in the digital asset sector. “What happened over the last several days...
Tag: Crypto
Signature Bank Closure, Strike Three For Crypto Banking Industry
Another setback for digital assets, as a lender Signature Bank was closed by US regulators to circumvent the banking crisis. The United States Treasury Department said on Sunday, March 12, 2023, that ...
Beat Banks Runs With Bitcoin: Meet The New Bull Narrative For Crypto
Bitcoin price is currently soaring, climbing more than 20% since last Friday. The rally could be due to a brand new bull narrative that’s possibly brewing: using BTC to beat bank runs – a situation un...
Binance converts remaining $1 billion in Industry Recovery Initiative to native crypto amidst concerns around stablecoins
On March 13, CZ tweeted that due to the changes in stablecoins and banks, Binance will be converting the remaining $1 billion funds in its Industry Recovery Initiative to native crypto. The native cry...
BTC, ETH backtrack losses- Is crypto rout from U.S. bank collapses truly over
U.S. regulators offer a bailout to customers affected by SVB and Signature bank collapses. Will there be alternatives to these crypto-friendly banks and their payment systems to provide liquidity? Bit...
Rise of Bitcoin ATMs: A Convenient Door of Accessing Crypto
Bitcoin, the world’s most popular cryptocurrency, has seen a surge in demand over the past few years. Easy ways to buy and sell digital currency are becoming more and more necessary as more people ado...
Regulators shuttered Signature Bank to show ‘crypto is toxic’
Crypto panic sparked a deposit run on Signature Bank, former Rep. Barney Frank said, but he argues that the bank had already stabilized before New York state regulators stepped in to close the crypto-...
Countdown To The All-New PrimeXBT Crypto Futures Platform
PrimeXBT is an innovative trading platform that is always ahead of the latest trends in finance and across crypto. In the latest evolution of the brand, the award-winning PrimeXBT is almost ready to d...
U.S. Banking Crisis Sparks Boom In Bitcoin Price & Crypto Stocks
On Monday, the value of major cryptocurrencies increased in the wake of plans shared by the United States government to protect depositors at Silicon Valley Bank and Signature Bank. Bitcoin’s price cl...
Crypto investment products see largest outflows on record amid SVB collapse
Cryptocurrency investment products lost 10% of assets under management last week as institutional investors rushed for the exit during the latest episode of market volatility prompted by the Silvergat...
Messari’s Ryan Selkis: “Crypto Won’t Die Under Federal Pressure”
Ryan Selkis recently highlighted the crackdown on crypto by federal agencies in the U.S. Selkis believes that the crypto industry will not succumb under Federal pressure. The four big banks in the U.S...
Fifth week of losses in crypto investment products sees $255M withdrawals
Ad Digital asset-based investment products saw $255 million in outflows during the week of Mar. 6 – 12, marking the fifth consecutive week of losses, according to CoinShares’ weekly report. The amount...
Discover the Excitement of Crypto Trading with This Bitcoin’s Com…
It’s no surprise that more people are getting hooked on cryptocurrency trading. With its low entry threshold and high volatility, it’s an easy and accessible way to increase the level of l...
Blockchain, NFTs, And The Future Of The Perishables Supply Chain
By Alex Swart As the perishable food industry continues to grow at a rapid pace, investors are searching for … [+] solutions to widespread supply chain issues. Alex Swart Is there a use case for...
Three Major Crypto Firms are Victims of Signature Bank Debacle
Signature Bank has been shut down by the New York Department of Financial Services. Crypto firms like Coinbase, Celsius, and Paxos revealed their exposures to Signature Bank. The fall of Signature Ban...
Crypto Lender Euler Finance Falls Prey To $197 Million DeFi Flash Loan Attack
– Advertisement – Summary: Euler Finance was drained of DAI tokens, staked Ether, USDC, and wrapped Bitcoin after a flash loan attack. On-chain security firms BlockSec and Peckshield said ...
US Could Fall Behind In The Race To Lead Crypto Revolution, Here’s Why
The United States which has always been the world’s second leading country in technology after Japan is about to step down to lose its race as a leader in cryptocurrency innovation and technology. Ove...
Cardano Founder Brings Up Crypto Collaterals; US Bank Collapse
Cardano Price News: Cardano founder Charles Hoskinson made subtle remarks over the ongoing crisis surrounding the failure of Silicon Valley Bank and the Signature Bank. He made the comment in the wake...
LTC, ETC 15% Higher, as Crypto Markets Rebound on Monday – Market Updates Bitcoin News
Litecoin was back in the green on March 13, as cryptocurrency markets rebounded to start the week. The token rose by as much as 15% in today’s session, with the global crypto market cap trading nearly...
What’s next for political crypto donations
On Jan. 25, the Committee on Elections introduced a bill to the Kansas House of Representatives aimed at capping political donations via crypto at $100. Regardless of the success of this legislative i...
Cardano Founder Hits Back at Crypto Critics After Bank Failures
Cardano founder Charles Hoskinson has taken a jab at crypto critics in a recent tweet. Hoskinson compared the operations of major cryptocurrency firms like Circle, Paxos and Tether with those of banks...
Ether skyrockets by 9% in 24 hours with massive crypto bounce
Ethereum (ETH), the second largest cryptocurrency by market cap, is on a bullish streak and is expected to reach new heights in the coming days. Over the past 24-hours, its price surged by a whopping ...
Aave (AAVE), Cosmos (ATOM), RenQ Finance (RENQ), 3 Tokens Ready To Shake The Crypto Market
Three of the most promising new tokens to watch out for are Aave (AAVE), Cosmos (ATOM), and RenQ Finance (RENQ). These tokens are all poised to shake up the crypto market in their own unique ways, off...
Market rally pumps bankrupt crypto firm holdings
Ad The recent crypto market rally has pumped the crypto holdings of several bankrupt crypto firms in the last 24 hours, according to the Arkham Intelligence dashboard. During the last 24 hours, flagsh...
Face-Ripping Bitcoin and Crypto Rally Incoming Amid US Banking Crisis, Says BitMEX Founder Arthur Hayes
BitMEX co-founder Arthur Hayes says he’s preparing for a massive Bitcoin and crypto rally as the Biden Administration fights to contain contagion from spreading through the American banking system. In...
Binance’s CZ announces BUSD recovery funds conversion to ‘native crypto’
Binance CEO has announced that the exchange will convert $1 billion Industry Recovery Initiative funds to native cryptos such as BTC, ETH, and BNB from BUSD. Binance co-founder and CEO, Changpeng “CZ...
Is the SEC Trying to Kill Crypto for Good?
Is an all-out crypto war coming? That’s the sentiment of many analysts now that the Securities and Exchange Commission (SEC) has sworn to sue Paxos, the issuer of stable coin BUSD. The agency says tha...
How crypto market chaos affected US bank stocks
The current market chaos in US banking, tech, and cryptocurrency is hard to summarize without using the common moniker FUD (fear, uncertainty, and doubt) in a very literal sense. After the pandemic, t...
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...
Crypto is Still Alive But US Banks Are Shaking
The unprecedented injection of liquidity into the market from the Federal Reserve during that period was an attempt to stimulate an ailing economy. But before that, crypto, which closely tracked the s...
Global Crypto Market Cap Surges Above $1 Trillion As Bitcoin Makes Bullish Comeback ⋆ ZyCrypto
Advertisement     Bitcoin surged roughly 10% in the past 24 hours to tap $22,620 during the Asian session Monday, recovering all weekend losses after last Friday’s col...