March 17, 2023 Anatomy of Bitcoin’s current rally as Fed attempts to save the day Inflation fears fuel Bitcoin demand as investors shift attention to hard money. Assessing the probability of short-term sell pressure or sustained upside. Bitcoin has…
March 17, 2023 Banking crisis: What does it mean for crypto? In our latest Cointelegraph Report, we broke down the main events that led to the collapse of Silvergate, SVB and Signature Bank and explain…
March 17, 2023 Let First Republic and Credit Suisse burn Silicon Valley Bank and Signature Bank set off a cascade among banks that haven’t been handling their finances responsibly. Let them face the consequences….
March 17, 2023 Hopes in TMS Network (TMSN) Increases In The Bear Market as Optimism (OP) Declines Optimism (OP) is a layer 2 blockchain. Optimism (OP) benefits from Ethereum mainnet’s security and helps scale the ecosystem with the help of optimistic…
March 17, 2023 ‘If a government bans drugs, it should also ban crypto’ — Belgium’s former finance minister Members of the European Parliament have been discussing the impact of the failure of Silicon Valley Bank, Signature Bank, and Silvergate Bank on markets…
March 17, 2023 Binance converts its BUSD in SAFU funds to other stablecoins Paxos-issued BUSD exists from Binance’s SAFU funds as a move made in users’ interest The stablecoin was previously taken out from Industry Recovery Initiative…
March 17, 2023 Bitcoin Hurtles Back Above $26,000 As SVB Financial Group Files For Bankruptcy Bitcoin (BTC) has skyrocketed over the past day as cryptocurrency prices are buoyed amid banking woes in the United States. The pioneer crypto is…
March 17, 2023 SVB Financial Group Files for Chapter 11 Bankruptcy Protection to ‘Preserve’ Firm’s Value On March 17, 2023, SVB Financial Group, the parent company of Silicon Valley Bank, filed for Chapter 11 bankruptcy protection in the Southern District…
March 17, 2023 Binance removes BUSD from SAFU fund — adds TUSD, USDT Binance will no longer hold BUSD in its Secure Asset Fund for Users (SAFU) and has swapped the stablecoin for ERC-20 TUSD and BEP-20…
March 17, 2023 Belgian foreign minister calls for crypto ban An EU member of parliament has recently tweeted that he believes an EU-wide ban should be imposed on crypto. In a tweet from March…