U.S. regulators are reportedly investigating the crypto-friendly Signature Bank for money laundering. But is it the latest development in operation Choke Point? According to a Bloomberg report, U.S. r...
Tag: Faces
Bitcoin renews assault on $25k but faces rejection
Bitcoin broke through the $25,000 resistance barrier on Tuesday but did not have the strength to hold above, closing below at the end of the day. Bitcoin made its biggest push to get through the doubl...
Lido Finance Faces Regulatory Uncertainty: Should Investors Be Concerned?
Lido Finance, the largest liquidity staking protocol, has been facing regulatory uncertainty in the United States. Despite making a tremendous market entry in the past few years with over $9.8 billion...
Euler Finance faces $197 million hack
BlockSec first broke the news that Euler Finance had been hacked by malicious players. The hacking attempt was reportedly successful since the players were able to take a total of $197 million from th...
US Fed faces internal probe over Silicon Valley Bank failure
The Federal Reserve is investigating the factors that led to the failure of Silicon Valley Bank — including how it supervised and regulated the now-collapsed financial institution. In a Mar. 13 announ...
Euler DeFi Protocol Faces Loss of $177M In Major Attack
Ethereum-compliant lending protocol Euler Finance lost $8 million in an attack. In 2022, it raised $32 million from industry giants Coinbase, Jump, Jane Street, Uniswap, and defunct FTX. BlockSec aler...
Bank Stocks Implode, Bitcoin (BTC) and Ethereum (ETH) Soar As Fed Faces Rate Hike Decision
Crypto markets are flying as banks and traditional finance stocks get hammered by investors grappling with the collapse of several large banking institutions. As a new trading week begins, bank stocks...
Dogecoin Price Faces a 15% Downside Risk as Key Support Level Break
Published 13 seconds ago A descending trendline has been carrying the ongoing correction in Dogecoin price, giving it a visible direction in the last five weeks. During the downfall, the coin price tu...
Stablecoin USDC falls below $1, faces $3.3 billion exposure to Silicon Valley Bank
USDC, a stablecoin that is supposed to trade one-to-one against U.S. dollars, has fallen below $1 on Saturday, after creator Circle said it had over $3.3 billion held at Silicon Valley Bank, which col...
TMS Network (TMSN) Disrupts Trading Industry with Innovative Ideas, While Tether Emerges as Leading Stablecoin as BTC Faces Rate Fears
Advertisement     Join us as we explore the two players revolutionizing cryptocurrency investment: Tether (USDT) and Bitcoin, and learn about the revolution that TMS N...
Silicon Valley Bank Faces Financial Woes as Stock Is Halted, Sells $21 Billion Bond Portfolio at a $1.8 Billion Loss – Bitcoin News
On March 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% in the last 24 hours. SVB was forced to sell a $21 billion bond ...
Ripple Faces New Challenge as Swift Advances CBDC Cross-Border Testing
Global financial messaging giant Swift has announced progress in its CBDC interoperability solution testing. Swift is working closely with the financial community so that, as CBDCs evolve, they could ...
Gary Gensler Faces Flak For ‘Misleading’ Talk On Crypto Market
Crypto News: In sheer contrast to the market perception, U.S. Securities and Exchange Commission (SEC) chair Gary Gensler reiterated that laws around digital asset activities in the US are clear. He e...
Cardano price analysis: ADA faces trouble at $0.3162 after a bearish retest
The recent Cardano price analysis also reveals that the bearish momentum has been strong, and it is likely to continue in the near future. The price of ADA hit a low of $0.3162 today, down from an int...
Crypto.com (CRO) Price Faces More Downside
The Crypto.com (CRO) price could be due a relief rally, but the correction is likely not over yet. CRO is the native token of the Crypto.com crypto exchange. The CRO token price has decreased below a ...
BTC faces rejection at $22,342 as selling pressure intensifies – Cryptopolitan
Bitcoin price analysis indicates a major decline in price today, with the digital asset rejecting to break through the $22,342 level. The bears have been continually winning over the price charts, as ...
MakerDAO faces criticism over tokenomics plan amidst high-stakes US treasury investment strategy
Ad MakerDAO, the governance token behind the fifth most popular stablecoin DAI, is contemplating an increase in its United States Treasury bond investments to $1.25 billion from its previous allocatio...
Coinbase CEO Faces Backlash From Community Amid ‘Crypto435’ Promotion
Brian Armstrong promoted “Crypto 435” by sharing Coinbase’s tweet. Crypto 435 allows users to become an advocate for crypto. The new campaign aims to change the viewpoint of cryptocurrency across 435 ...
Ethereum Price Analysis & Prediction (March 7th) – ETH Faces Crucial Support After 5% Falls, Can it Breakthrough?
Ethereum (ETH) Ethereum went through a lot of squeezes in late February and closed bearish. The price continued to drop this month and has lost almost 7% in the last 72 hours of trading. By this time ...
Perth Mint Faces $9 Billion Recall From China Over ‘Doped’ Gold Scandal – Bitcoin News
Perth Mint, Australia’s official bullion mint, currently faces a $9 billion recall from China for allegedly selling “doped” bullion and attempting to cover it up, as reported by Australia’s ABC News. ...
Litecoin Falls Rapidly As It Faces Fierce Rejection At $97.50
Mar 07, 2023 at 11:18 // Price Litecoin (LTC) price has fallen below the moving average lines. In the bearish trend zone, the cryptocurrency asset is prone to decline. Long-term forecast of Litecoin p...
Utah-based Green United Faces SEC Accusations of Running an $18 Million Crypto Mining Scam – Cryptopolitan
The US Securities and Exchange Commission (SEC) has filed a complaint against Utah-based Green United for allegedly running an $18 million cryptocurrency mining scam. The authority claims that the com...
Stripe Faces $3.5 Billion Tax Bill as Employees’ Shares Expire
(Bloomberg) — Stripe Inc., one of the world’s most valuable startups, told investors it plans to use money it receives in its latest round of fundraising to help cover a roughly $3.5 billion tax...
Terra Classic Coin Faces 14% Downside Risk as Buyers Lose Crucial Support
Published 15 seconds ago LUNC Price Prediction: Amid the increasing bearishness in the crypto market, the LUNC price breached monthly support of $0.000152. This breakdown backed by increasing volume ...
NFT Firm Yuga Labs Faces Criticism Over Bitcoin Auction Plan
Yuga Labs, the non-fungible token (NFT) firm that gained prominence due to multiple Ethereum-based NFT collections, has drawn criticism from the cryptocurrency community over its plan to auction its n...
Silvergate faces bankruptcy concerns amid capital flight
Crypto bank Silvergate may halt operations after it issued a warning last week stating it could be short of capital. Silvergate deposits drop by 42% Silvergate Capital Corp on Jan. 17 announced a stee...
Bitcoin price faces ‘last stand’ as weekly close threatens $22K retest
Bitcoin (BTC) stayed near key support on March 5 as the weekly candle close brought fresh fears of a breakdown. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst warns over fate of $...
Stock market faces crucial test this week: 3 questions to decide rally’s fate
There will be no rest for investors this week as they await a marquee report on the state of the U.S. labor market, along with biannual Congressional testimony from Federal Reserve Chairman Jerome Pow...
Ford’s ‘balanced’ electric bet faces crucial 2023 as restructuring takes hold
Racecar-loving Ford CEO Jim Farley is in the midst of what may be the biggest challenge of his professional life. Ford (F), which is celebrating its 120th anniversary this year, is pushing hard into w...