USDC, Crypto Rallies on News that SVB, Signature Bank Deposits are Safe
The value of USDC came close to restoring its prior level, while the prices of cryptocurrency increased as a result of the announcement.
Crypto News
Blockchain News
USDC Bounces Back Toward $1 Peg after Fed Announcement
After assurance from CEO Jeremy Allaire that its reserves are secure and the company has new banking partners lined up for “banking open.
Bitcoin News
Silicon Valley Bank Failure Highlights Small Banks’ Vulnerability; Bitcoin Soars Past $22.5K
After a tense Thursday and Friday, crypto investors were reassured by Federal regulators’ decision to fully restore Silicon Valley Bank (SIVB) deposits and.
Crypto News
US House Republicans Blast Biden Administration’s Attack on the Crypto Ecosystem
The Biden administration’s handling of crypto assets, according to Republicans in the US House of Representatives, poses a threat to the budding industry..
Blockchain News
Stablecoins and Ether are ‘going to be commodities,’ Reaffirms CFTC Chair
Stablecoins and Ether are commodities, according to the head of the United States Commodities Futures Trading Commission (CFTC), and should be regulated by.
Blockchain News
Vitalik Dumps $700K Worth of Shitcoins that He Never Asked For
Vitalik Buterin, one of Ethereum‘s co-founders, has been on a buying and selling binge recently, trading roughly $700,000 worth of tokens that were.
Bitcoin News
Bitcoin, Ether Bounce Back After Being Tested by Fed Chair Powell’s Comments
When Federal Reserve Chairman Jerome Powell stated that the economy is expanding faster than anticipated and that the Fed is “prepared to increase.
Bitcoin News
Bitcoin Is Stuck Between Silvergate and China
Both bitcoin and ether prices are relatively unchanged to start the week, with bitcoin now trading at $22,463, an increase of 0.6% on.
Bitcoin News
Bitcoin Continues to Look East for Strength
Despite worries over future access to U.S. financial lines, bitcoin and ether (ETH) stay relatively flat as Asia’s workday gets underway. Bitcoin is.
Bitcoin News
Bitcoin, Ether Drop Over 5% in Massive Sell-Off as Market Continues to Digest Silvergate
On Friday, major digital assets saw a sharp decrease as the work day got underway in Hong Kong. When investors left crypto bank.