A popular crypto strategist believes that a meteoric ascent could be in the cards for Bitcoin (BTC) but not before a brief period of consolidation. In a new video shared with this 338,200 Twitter foll...
Tag: Major
Site resolves ‘major outage’ after nearly 6 hours
Social media platform Reddit is back online after it identified and implemented a fix for a “major outage” that made browsing impossible for desktop and mobile users for almost six hours. ...
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 ...
Moody’s Downgrades US Banking Sector to Negative After Collapse of Three Major Banks – Bitcoin News
After the failure of three major U.S. banks last week, with two of them being the second and third largest banking failures in the country, Moody’s Investors Service has downgraded the rating of the U...
Why Charlotte’s Web Partnered With Major League Baseball To Educate The World About CBD
Jacques Tortoroli, CEO of Charlotte’s Web, and the Stanley brothers (Joel, Jesse, Jon, Jordan, Jared … [+] and Josh Charlotte’s Web Over a decade ago, Charlotte’s Web created the CBD...
TMS Network (TMSN), Avalanche (AVAX), and Filecoin (FIL) Poised For Major Growth During Market Recovery
The crypto market is bouncing back, with projects like TMS Network (TMSN), Avalanche (AVAX) and Filecoin (FIL) on track to make huge price surges in the next few weeks. Investors are now buying each c...
SVB and Silvergate are out, but major banks are still backing crypto firms
Over the last week, the collapse of three of the largest banks backing the crypto scene — Silicon Valley Bank (SVB), Silvergate Bank and Signature Bank — has many industry pundits wondering how United...
This DeFi Protocol Just Got Hacked. Its Token Is Still Doing Better than a Major US Bank’s
FRC and EUL’s price actions underscores how investors’ perceptions of market events can be more influential than the actual events themselves. First Republic has not defaulted, gone insolvent or...
Was Signature Bank Intentionally Shut Down To Kill Crypto’s Last Major Banking Hope?
According to reports, customers of Signature Bank withdrew more than $10 billion in deposits on Friday after being alarmed by the sudden failure of Silicon Valley Bank. As a result, the run on deposit...
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...
Cryptocurrency Community Debates Fallout from Closure of Major American Banks
The closure of three major American banks that serve cryptocurrency firms has sent shockwaves through the broader cryptocurrency community. Silicon Valley Bank (SVB), which has traditionally served st...
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...
These 10 major companies disclosed exposure to collapsed Silicon Valley Bank
After the recent shutdown of Silicon Valley Bank (SVB) by the California Department of Financial Protection and Innovation, which has shaken the United States financial system, multiple large companie...
Bitcoin, Ethereum Gains Over 8%; Whereas Major Altcoins Jump Over 6% As Market Recovers
Crypto Prices Today: Bitcoin and other Altcoins are still seeing a jump today despite the collapse of two major crypto-related banks last week. As of writing, Bitcoin price increased by 8.68% in the l...
Banking Failures Prompt Fed To Reconsider Major March Hike
Federal Reserve Chairman Jerome Powell speaks during a House Financial Services Committee hearing to … [+] examine the Semiannual Monetary Policy Report to Congress, Wednesday, March 8, 2023, on...
No major bailout for Silicon Valley Bank collapse – Cryptopolitan
The collapse of Silicon Valley Bank has caused significant concern among its depositors, many of whom are small businesses that rely on access to their funds to pay bills and employ tens of thousands ...
Two Major Banks Shut Shop $BTC
The loss of these two major banks has hit the crypto space especially hard. Let’s see how this development affected the market and check out some newsworthy crypto moments from this week. DeFi Popula...
Insolvency fears led many to turn to other stablecoins, sell USDC at a major discount
Several USD Coin (USDC) holders have fled to other stablecoins since March 10 amid fears surrounding its solvency following the disclosure that a small portion of USDC’s collateral was held at S...
OpenSea fixes a major vulnerability that could have leaked your identity
The loophole on OpenSea when successfully exploited could have allowed the attacker to obtain the identities of users. OpenSea quickly fixed the issue after the vulnerability came to the fore. Cyber s...
These Companies—Roku, LendingClub, Roblox And More—Held Major Funds In Silicon Valley Bank When It Crashed
Topline Roku—a hardware digital media company known for its streaming devices—held about 26% of its cash at Silicon Valley Bank Financial, according to a securities filing, as other companies have dis...
These Companies—Roku, Roblox, Circle And More—Held Major Funds In Silicon Valley Bank When It Crashed
Topline Roku—a hardware digital media company known for its streaming devices—held about 26% of its cash at Silicon Valley Bank Financial, according to a securities filing, as other companies have dis...
Is USDC Going To “Zero” ? Major Shareholders Selling Off USDC Could Mean Total Value Drop to Zero, Says CryptoQuant Founder
The stablecoin market is in turmoil following the depegging of Circle Internet Financial’s USDC stablecoin from its intended $1 price. The event has been called a “harrowing development” for a product...
USDC Stablecoin Loses Dollar Peg Following Collapse of Major Banking Partner ⋆ ZyCrypto
Advertisement     USDC stablecoin lost its peg to the dollar early Saturday, dropping as low as $0.84 moments after the descent of Silicon Valley Bank, a major banking...
Elon Musk Trolls Those Who Call Crypto a Scam as Two Major Banks Crash
Yuri Molchan Twitter boss Musk has posted another meme related to crypto and to two major banks that are shutting down Contents Elon Musk makes fun of crypto haters as two banks go down Bitcoin grows ...
USDC Dollar Peg Takes Major Hit Amid High Volatility
Circle, the issuer of the USDC stablecoin is facing massive heat from the shutdown of the Silicon Valley Bank (SVB) on Friday, March 10. Circle has recently confirmed that it has $3.3 billion, of its ...
A major Bay Area bank just failed. ‘Spectacular overpriced bubbles’ are going to keep popping, warns legendary investor Jeremy Grantham
As investors grapple with the abrupt failure of Silicon Valley Bank on Friday, many are wondering what its demise says about the market trouble that could lie ahead. Legendary investor Jeremy Grantham...
Crypto funding shifts from CeFi to DeFi after major collapses: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. DeFi has become a pro...
Signature Bank Considered a Buy as Last Major Bank Standing in Crypto Market Amid Silvergate and SVB Troubles – Bitcoin News
Amid the demise of Silvergate Bank and the troubles faced by Silicon Valley Bank (SVB), market analysts believe Signature Bank (SBNY) may be a buy as it’s considered the “last game in crypto-town,” ac...
CryptoLawyers.org To Investigate Major Crypto Exchanges, Here’s Why
The collapse of many crypto firms in 2022 increased regulatory attention on the industry. Some recent enforcement actions by regulators affected vital activities such as stablecoin issuing and staking...
SEC’s Crypto Crackdown: Have The Major Crypto Players Been Exposed To “Fallen” Silvergate?
The fall of FTX and Alameda Research in 2022 began a tidal wave that has since severely affected other crypto-related companies, including Digital Capital Group-backed Genesis Trading, which was even ...