Crypto whales were on the move over the weekend as several large transactions worth over $350 million were spotted on the Ethereum (ETH) network. First seen by blockchain-tracking service Whale Alert,...
Tag: Crypto
Binance CEO announces recovery funds conversion from BUSD to ‘native crypto’
The failure of three major crypto-backing banks, Silicon Valley Bank (SVB), Silvergate Bank and Signature Bank caused the stablecoin (USDC) to fall to as low as $0.87 from its $1 benchmark. Amid the ...
From Bank Crash to Crypto Comeback: These 3 Coins Could Rebound Stronger After the Crash!
The failures of Silvergate and Silicon Valley Bank sent shockwaves through the financial world. However, while the traditional financial world is still bracing for the long-term impact, the crypto mar...
the collapse of SVB: crypto experts views on it
Silicon Valley Bank (SVB), one of America’s largest banks, declared bankruptcy on Friday, March 10, but what really happened? The implosion of the Silicon Valley bank, predictably, sparked fear and co...
Binance Delivers $1 Billion Blow to Crypto Bears
Alex Dovbnya Binance, one of world’s largest cryptocurrency exchanges, has announced conversion of remaining funds from its Industry Recovery Initiative from BUSD stablecoin to native cryptocurr...
Bitcoin (BTC), crypto prices surge as SVB depositors protected
Jakub Porzycki | Nurphoto | Getty Images Cryptocurrencies rallied on Monday as the U.S. government moved to protect depositors of the collapsed Silicon Valley Bank and HSBC bought the lender’s U...
IMF had Warned G-20 That Widespread Crypto Use Would Impact Banks
“A widespread proliferation of crypto assets comes with substantial risks to the effectiveness of monetary policy, exchange rate management, and capital flow management measures, as well as to f...
Have Crypto Markets Risen Above the Bearish Captivity? Here’s What to Expect This Week
Bitcoin’s price suffered a massive crash due to the collapse of a US bank in just a couple of days and displayed its strength and self-assurance to maintain a healthy upswing. However, it has also to ...
ETH Hikes Over 9% Ahead Of Goerli Testnet As Crypto Market Cap Breaches Trillion Mark
Ethereum Price Today: The market is trading in green as Bitcoin and other Altcoins are seeing a jump today despite the collapse of two major crypto-related banks last week. As of writing, Bitcoin pric...
3 Reasons Why AI Crypto Will Dominate In 2023 – Avorak AI vs. SingularityNET
With the increasing need for automation, the advent of AI crypto is timely in helping businesses become more efficient and effective. As blockchain technology evolves, there is a growing demand for AI...
Crypto Market Analysis: Bitcoin to Struggle to Rach $24,000 While Ethereum May Surge Beyond $1700 Soon
The crypto markets have risen above the recent price action, which drove the global market cap below $930 billion. However, the current price jump raised the market cap back above $1 trillion and also...
Emergency FED Meeting Could Set Tone For Crypto Market Direction
Emergency FED meeting decision could affect the market direction in the coming week. James Bull thinks the FED might lower interest rates to protect more banks from collapsing. Crypto prices could pum...
Ethereum and XRP Shine in the Crypto World, Orbeon Protocol Takes the Market by Storm with 1988% Increase During Presale
Although Ethereum took a tumble from Friday’s Silvergate situation, it is now holding steady and as always, offers utility for the ever-developing use cases. The heat between XRP v SEC continues to i...
‘Nobody left to bank crypto companies’ — Crypto Twitter reacts
Crypto companies could find it harder to access traditional banking partners with the loss of two major crypto-friendly banks in less than a week, according to some in the crypto community. On Mar. 1...
The Ultimate Crypto Companion: Live Coin Watch Mobile App
After a successful launch of its popular iOS app, Live Coin Watch is thrilled to unveil its mobile app for Android, now available for free on Google Play. The native app is designed to cater to the re...
Australian Tax Regulators Know Your Crypto Investments
Crypto usage has been increasingly on the radar of tax authorities worldwide in recent years. The growing popularity of cryptocurrencies has increased their use for transactions and investments. Tax a...
Bitcoin And Crypto Register Massive Gains Despite Banking Crisis
Last week has been dramatic on Wall Street and the crypto sector as two crypto-friendly banks – Silvergate and Signature – announced shutting down their operations. However, the broader crypto market ...
Signature Bank Announces Shutdown In Another Blow to Crypto
In another major blow to the crypto industry, regulators announced the shutdown of yet another crypto-friendly bank aka Signature Bank. The collapse of Silicon Valley Bank (SVB) last week has already ...
Crypto Receives a Reminder of the Relevance of Banks
The closure of Silicon Valley Bank last week has sparked a period of unprecedented bank turmoil last seen during the Global Financial Crisis (GFC) in 2008. While 2020 was a nightmare year for most, it...
Signature Bank Closure Deals Another Blow to Crypto Industry
(Bloomberg) — The closure of Signature Bank, a lender that counted a number of crypto companies as customers, marks another major setback for digital assets as the industry becomes ever more cut...
USDC, crypto rallies on news that SVB, Signature Bank deposits are safe
Markets • March 12, 2023, 8:16PM EDT USDC nearly regained its peg and cryptocurrencies rallied on the news that all Silicon Valley Bank and Signature Bank deposits will be fully returned to customers....
Crypto Addiction Is a Growing Problem, but How Big?
More clinics are offering services to help crypto addiction. But how bad is this emerging problem? For years society has been increasingly concerned about gambling addiction, and rightly so. Gambling ...
Crypto Platform Huobi Exchanged $100,000,000 USDC for DAI During Stablecoin Depegging Scare: On-Chain Data
Crypto exchange Huobi converted $100 million worth of USD Coin (USDC) to Dai (DAI) as uncertainty spread in the stablecoin market this weekend, on-chain data shows. According to blockchain tracking fi...
Mac Crypto Trojan Horse Discovered, Apple Chips A Rich Target
Minneapolis-based cybersecurity firm Jamf Threat Labs found a crypto-jacking program well hidden in pirated copies of Apple’s Final Cut Pro. Jamf warns Apple chip speed will make Macs increasingly pop...
Privacy Centric Brave Browser Now Allows Crypto Asset Selling Inside of Wallet Extension
Privacy-focused browser Brave just added a new feature that gives users the ability to sell crypto assets within its native Web3 wallet. The software firm says Ramp Network’s off-ramp solution is now ...
This Year’s Super Bowl Featured No Crypto Ads
In 2023, the Super Bowl had two football teams pitted against each other and a halftime show that ultimately caused controversy with some while really hitting chords with others. However, something wa...
As Crypto Markets Struggle To Recuperate, New Data Predicts Further Decline ⋆ ZyCrypto
Advertisement     The cryptocurrency market took a major hit on Friday after the market recorded a significant decline in overall value. Liquidations were sitting abov...
Is Crypto Dead Now? Why Crypto 2023 Outlook Is More Positive Than You Think – Cryptopolitan
A lot of confusion regarding the future of cryptocurrency is prevalent in the market right now, especially after the recent de-pegging of the USDC stablecoin. If you search “is Bitcoin dead” on Google...
Indian College Student Commits Suicide Due to Crypto Scam
25 seconds ago | 2 mins read Bitcoin News The victim was a second-year B.Com student in the Indian city of Lucknow. After hearing the company’s assurances of profits, the student sent over $4,200 in B...
TRON Founder Justin Sun Wants to Bridge Banking With Crypto
TRON network founder Justin Sun has offered financial support to anyone building “a reliable bank that can cater to the needs of the crypto industry.” In a March 12 Twitter thread, Justin Sun said the...