2023-3-11 18:07 |
BTC price targets extend to $18,000 with Bitcoin bulls increasingly failing to preserve $20,000 as support amid further SVB Financial fallout.
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Though the price of Bitcoin has fallen over the past few days, Bitcoin’s dominance has seen some growth. In fact, in just two months, the growth of Bitcoin has risen by almost 10%. Recent reports now find that some of this could be down to the sheer number of failing ICO’s that have surfaced over the coming months.
2018-7-4 06:30 | |
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In an off crypto market event, Nalin Kotadiya who formerly held positions in the Indian legislative council has been declared a “proclaimed offender” after failing to show up at a court hearing for an alleged involvement in a Bitcoin extortion case.
2018-6-20 17:42 | |
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As the South Korean government steps up its anti-money laundering (AML) oversight, major crypto exchanges in the country are voluntarily complying while banks are reportedly failing to meet the guidelines for compliance.
2018-6-18 08:40 | |
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SkyBridge Capital, led by Anthony Scaramucci, is among the frontrunners bidding for Silicon Valley Bank’s VC arm, with a sale foreseen in the coming weeks. SVB Financial Group, once the umbrella organization for Silicon Valley Bank, is reportedly nearing the…
Consistent with the volatile nature of the cryptocurrency market, the Bitcoin (BTC) price has been experiencing a string of fluctuations in the past few weeks. Despite the renewed optimism, thanks to Grayscale’s recent victory against the United States Securities and Exchange Commission (SEC), the price of the premier cryptocurrency has failed to stay above the […]
Tether’s reported new partnership with Britannia Bank makes it the third Bahamas-based bank to join forces with the stablecoin issuer.
Crypto-related firms, Circle and Sequoia, were among the top five depositors at the failed Silicon Valley Bank. The post Silicon Valley Bank Crisis: Feds Backstop Saves Circle and Sequoia $4B appeared first on BeInCrypto.
A recent report by Bloomberg states that Circle, the issuer of the USDC stablecoin, emerged as a primary recipient of support from the government-backed rescue of Silicon Valley Bank (SVB).
The FDIC guarantee included over $3.3 billion the USDC stablecoin issuer held at the lender.
Goldman Sachs is currently under investigation by federal regulators for its involvement in the acquisition of Silicon Valley Bank’s securities portfolio while simultaneously providing advisory services to the struggling lender regarding capital raising, prior to its subsequent collapse this year.