Problems at Switzerland’s second-biggest lender are causing bank stocks around the world to falter. On Wednesday, Credit Suisse ‘s top shareholder said in a Bloomberg interview that it wouldn’t invest...
Tag: Hits
BTC Hits 9-Month High, as ETH Moves Above $1,700 – Market Updates Bitcoin News
Bitcoin briefly surged to a nine-month high late on Tuesday, as prices moved above the $26,000 mark. Although prices have since declined, overall sentiment remains bullish following the latest U.S. in...
Tether Stablecoin Dominance Hits Highest Point in 18 Months
Stablecoin tether (USDT) continues to dominate the market as traders and investors shun major rivals in favor of the world’s largest digital asset pegged to the US dollar. A view of USDT’s market domi...
Ethereum Deflation Hits Record High Six Months After Merge, What This Means For ETH
Regardless of Ethereum’s odd price action over the past few days, the second-largest crypto by market cap has been breaking records behind the scenes. According to Ultrasoundmoney, ETH supply deflatio...
Coinbase & Other Crypto Stocks Surge As Bitcoin’s Price Hits $26K
On Tuesday, the value of both major cryptocurrencies and crypto-related stocks increased in the wake of inflation data coming at 6% and plans shared by the United States government to protect citizens...
USDC CEXs hits 12 month high following USDC depeg event: Messari
USDC available on centralized exchanges has hit a 12-month high despite the recent calamity surrounding the depeg event. (Source: Messari) Coinbase was forced to temporarily halt USDC to USD conversio...
Bitcoin Hits 3-Week High on ‘Relief’ Rally
Bitcoin continued to rally early Tuesday, building on Monday’s gain, with an 18% increase over the past 24 hours. The world’s largest cryptocurrency broke the $25,000 mark following the re...
Largest single BTC deposit hits Binance since the Luna collapse – over $500M
Quick Take Over $500 million of Bitcoin got put back onto exchanges as Bitcoin broke through $24,000. This was the highest amount of sell pressure since May 22, during the Luna collapse. This selling ...
Uniswap Hits ATH of Almost $12B in Trading Volume Amidst USDC Crisis
The decline of centralized entities has worked out well for their decentralized counterparts. Over the weekend, USDC witnessed a significant trading volume on several decentralized exchanges. Uniswap,...
Whiplash Hits Crypto Markets Due to Recent Turmoil
The most dramatic week in technology and banking ended with crypto markets up on Monday. The wider industry is suffering from a serious case of whiplash. There’s whiplash, and then there’s whiplash. T...
Bitcoin hits $23.7K as BTC price analyst calls SVB dip ‘bear trap’
Bitcoin (BTC) hit its highest since the start of the month on March 13 as U.S. bank stocks saw the largest mass halt in history. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView BTC price se...
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...
Credit Suisse default insurance cost hits all-time high as contagion fears spread
After three banking giants, Silvergate Bank, Silicon Valley Bank (SVB), and Signature Bank, all crashed within days of each other, the cost of insuring the bonds of Credit Suisse against the lender de...
Credit Suisse Default Swaps Hit Record as SVB Failure Hits Banks
(Bloomberg) — The cost of insuring the bonds of Credit Suisse Group AG against default climbed to the highest on record as the collapse of Silicon Valley Bank sparked concern about broader conta...
Silicon Valley Bank collapse hits startups as far away as China
Silicon Valley Bank has a 50% stake in its joint venture with Shanghai Pudong Development Bank. Future Publishing | Future Publishing | Getty Images The Silicon Valley Bank fallout has ripple effects ...
USDC Hits All-Time Low As Investors Pull Out Funds From The Stablecoin
USDC has been hit with a bearish wave following news of the collapse of Silicon Valley Bank on March 11. The stablecoin issuer Circle had revealed that it had $3.3 billion in deposits with the defunct...
Cardano’s Trading Volume Hits Promising Levels — Could A Mega Rally Be Forming? ⋆ ZyCrypto
Advertisement     Cardano’s (ADA) is one of the few altcoins to watch out for this weekend. In the month of March, ADA is slowly attempting to prove that it is one of ...
Dogecoin hits 4-month lows vs. Bitcoin — 50% DOGE price rebound now in play
Dogecoin (DOGE) pared some losses versus Bitcoin (BTC) on March 10, a day after the DOGE/BTC pair fell to its lowest level since October 2022. Can DOGE price see an extended rebound ahead? On the dai...
Bitcoin Hits 2-Month Low as Crypto Markets Shed $70B in a Day: Market Watch
Bitcoin took a serious hit in the past 24 hours, dumping by almost $2,000 to chart a two-month low beneath $20,000. The altcoins are in no better shape, with ETH, DOGE, SOL, LTC, TRX, and many others ...
Ether Hits Two-Month Low Under $1.4K as Coinbase Premium Index Dwindles
The New York Attorney General’s decision to refer to ether as security in its lawsuit against the cryptocurrency exchange KuCoin likely catalyzed the selling. If ether is deemed as a security an...
Bitcoin (BTC) Price Hits $19K, Will the Decline Continue?
5 seconds ago | 1 min read Bitcoin News Price of BTC is in the $19K range whereas ETH is in the $1.4K range. The whole market is in panic as every other cryptocurrency is seen in red. Crypto market le...
Cardano price analysis: ADA coin price hits the $0.30 level
1 ADA coin price is in a strong uptrend and recently it fell to the demand zone as result of positive price structure. 2 ADA coin price is forming a falling wedge reversal chart pattern on a daily tim...
End of Crypto Winter? Dogetti Presale hits Over $421,870 While Bitcoin and Ethereum rise over 30% in 2023
The world of cryptocurrency revolved around scandals in the past year. It faced a series of blows, right from the collapse of Terra to the Sam Bankman-Fried’s FTX controversy, and the market bled rele...
Bitcoin BTC Price Hits 3-Week Low, Lingers Near $21.7K Amid Ongoing Inflation Concerns
“After celebrating disinflation greenshoots the past two months, the Federal Reserve has had to restart its hawkish positioning by talking tough on rate hikes, I think it’s interesting to note t...
XRP Hits 2-Week High, SHIB Marginally Higher – Market Updates Bitcoin News
Xrp rose higher for a third straight session on Wednesday, as prices moved to a two-week high. The rise comes despite market sentiment remaining largely bearish, with the global market cap trading 1.2...
Cardano (ADA) DeFi Hits ATH in Total Value Locked: Details
Godfrey Benjamin Cardano’s DeFi TVL has been growing consistently for over month to hit new ATH The Decentralized Finance (DeFi) ecosystem on the Cardano blockchain network is growing at a spora...
Dow Jones Futures RiseAfter ‘Faster’ Fed Chief Powell Hits Stocks; Tesla Falls On New Probe
Dow Jones futures tilted higher early Wednesday, along with S&P 500 futures and Nasdaq futures. CrowdStrike (CRWD) rallied overnight on earnings. Tesla stock fell on an analyst downgrade and a new...
Rivian Stock Hits All-Time Low After Announcement Of Cash Raise
Images/LightRocket via Getty Images) LightRocket via Getty Images Key Takeaways Rivian stock was down 14.54% on the news that it would be issues convertible notes to raise an additional $1.3 billion i...
Bitcoin [BTC]: As market hits ‘transition phase,’ here are the things to look out for
On-chain data revealed that BTC’s ongoing performance is hinting at an imminent bear market end While many BTC holders remain in profit, the level of profitability has started to decline In its latest...