AGIX, STX, CFX, IMX, and MINA are CoinMarketCap’s top gainers. Volatility returned to the crypto market in the wake of the banking crisis. There is increased speculation by crypto investors following ...
Tag: Volatility
Anchorage lays off 20% of staff as crypto volatility persists
Anchorage Digital, the first federally chartered crypto bank in the US, has announced a layoff of around 20% of its staff, totaling 75 people, as the prolonged bear market in the crypto industry conti...
Whales Withdraw $4B Tether Amid Market Volatility: Crypto Crash Or Enticing Opportunity?
According to on-chain analytics provided by Lookonchain, a crypto whale made over $3.3 million over the weekend by purchasing USDC at its lowest point during the USDC de-pegging incident. The whale t...
Crypto bank Anchorage Digital cuts 20% of staff amid regulatory uncertainty, market volatility
Anchorage Digital, the only federally chartered crypto bank in the U.S., said Tuesday that it would cut about 20% of its staff amid regulatory uncertainty in the U.S., macroeconomic challenges and cry...
MakerDAO voting to limit dai volatility during market emergencies
MakerDAO delegates are voting on a proposal to introduce a debt ceiling breaker for collateral assets used to mint dai — to prevent situations where the protocol’s stablecoin is adversely impact...
Welcome to the 2020’s – its going to be full of volatility
Definition The MOVE Index calculates the future volatility in U.S. Treasury yields. The VIX measures the expected volatility of the US stock market. The 30-day Bitcoin Volatility Index is referred to ...
MakerDAO looks to limit volatility after USDC troubles pushed some users to DAI
MakerDAO, which manages the “decentralized” dai stablecoin, launched an emergency proposal to reduce the amount of DAI that can be minted with other centralized stablecoins after concerns ...
Massive Bitcoin Volatility as February CPI Clocks in at 6% YoY
The CPI numbers are in. As always, this caused a considerable uptick in market volatility, with the price of Bitcoin doing rounds. At the time of this writing, BTC trades at above $25,000. Source: Tra...
US banks experience volatility and trading halts amid bank failures and presidential assurances
Banks saw their share prices take a rollercoaster ride over the weekend and into March 13. Trading was temporarily halted for dozens of United States regional banks amid volatility and falling prices....
Trading of Several Banking Stocks Halted Due to Extreme Volatility
Bitcoin News The news follows today’s comments by President Joe Biden regarding closure of SVB. The crypto market on the other hand rallied. With the weekend’s news of the closure of a Silicon Valley ...
Multiple Bank Stocks Stop Trading Amid Post SVB Volatility
While the Fed may have bailed out Silicon Valley Bank (SVB)’s depositors on Monday, the market’s uncertainty surrounding the entire banking sector still loom large. Trading for multiple banking organ...
Stocks of multiple banks get halted for volatility, more than once, to start the trading day
To gauge the panic-like activity of bank investors in the wake of the recent failures of SVB Financial Group’s SIVB, Silicon Valley Bank and Signature Bank SBNY, -22.87%, investors can check out the N...
S&P 500 goes negative YTD; almost entire regional bank stocks halted due to volatility
Quick Take Bitcoin extends its gain up 35% YTD, while S&P has gone into negative territory -0.19%. Both Nasdaq and TLT are up over 7% YTD. Chaos in bank stocks as some are halted for volatility. W...
SVB collapse means more stock-market volatility: What investors need to know
It’s all eyes on federal banking regulators as investors sift through the aftermath of last week’s market-rattling collapse of Silicon Valley Bank. The name of the game — and the key to a near-term ma...
USDC Volatility Lifts Bitcoin’s Coinbase Premium to 3-Year High
“When news broke that Circle’s funds were stuck in Silicon Valley Bank, users rushed to redeem their USDC for USD,” Ignas said. “On Coinbase, users could redeem 1 USDC for $1.0...
Aave Freezes Stablecoin Trading Amid Price Volatility
Aave, a popular lending protocol in the decentralized finance (DeFi) space, has taken action to mitigate the impact of recent price volatility in the stablecoin market. On March 11, the price of USD C...
Circle Issues Update Amid Stablecoin Volatility; Firm Is Prepared to ‘Stand Behind USDC and Cover Any Shortfall’ – Bitcoin News
On Saturday, March 11, 2023, Circle Financial updated the public about its stablecoin, USDC, and noted that the stablecoin’s liquidity operations will resume normally on Monday morning in the United S...
Avoid Market Volatility With Big Eyes, Stablecoins Tether And Origin Dollar
Here is why stablecoins like Tether and Origin Dollar are ideal for those who wish to avoid the instability of altcoins. Although it isn’t a stablecoin, Big Eyes is doing all it can to keep investors ...
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 ...
ARK Invest Buys Record Amount of Coinbase Stock, Despite Market Volatility
ARK Invest, led by tech-focused investor Cathie Wood, has made a record purchase of Coinbase stock amidst a volatile market. Despite Coinbase tumbling by 8% on March 10, ARK Invest bought the largest ...
Crypto Market News: Buckle Up for More Volatility Ahead, Whales Activity on the Rise!
The crypto market awoke to a stream of high-impact news that resulted in a flash sell-off. Over 130k crypto traders have been liquidated, with total liquidations at approximately $393 during the early...
Top 50 cryptocurrencies’ volatility is ‘predictable’ and digital assets behave more like equities: Report
Markets • March 9, 2023, 9:00AM EST Authors of perhaps “the most exhaustive study” ever done on the volatility of cryptocurrencies say they can now more accurately predict the intense swings gripping ...
Top economist Mohamed El-Erian blames the Fed for bad messaging and stock volatility
Economists are unhappy with persistently high inflation and how the Federal Reserve is addressing it. Since the start of 2022, the Fed has hiked interest rates eight times, most recently in February. ...
Expect Volatility on the Crypto Markets, Say Experts
BeInCrypto spoke to crypto market experts about what to expect for the rest of Q1 and Q2. Two themes were clear: expect volatility and look to the fundamentals. 2023 has been a wild ride for investors...
Bitcoin Volatility Picks Up as Powell Reiterates Inflationary Pressure Higher Expected
The Bitcoin price has picked up some steam throughout the past few minutes, and the primary reason for this seems to be the fact that Jerome Powell is testifying before Congress. The Chairman of the ...
Brace for BTC price volatility? Bitcoin ‘coin days destroyed’ metric jumps to 2-month highs
On March 8, the U.S. government moved 49,000 Bitcoin worth $1 billion seized from the Silk Road. The transfer was accompanied by Bitcoin’s (BTC) price slipping below $22,000, as well as a noticeable s...
Lido Dao Stabilizes Amidst Volatility, Binance Avoids US scrutiny, while TMS Network Culminates Presale stage 1 early
The year 2023 presents several promising prospects for investors to regain their financial losses. Among the noteworthy ventures garnering attention is TMS Network (TMSN). This project has recently co...
Volatility Incoming? 3 Things to Watch For This Week
The cryptocurrency market has stalled in the past few days in a rather untypical fashion, but all that can change this week as there’re multiple major events and announcements coming from the world’s ...
Volatility in BTC, ETH Remains High to Start the Week – Market Updates Bitcoin News
Bitcoin consolidated for a third straight session, as markets prepared for a big week of U.S. economic data. Later this week, nonfarm payrolls will be posted, with Federal Reserve chair Jerome Powell ...