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8 out of 10 investors store crypto on hot wallets: CoinGecko survey
Eight out of 10 crypto investors store their digital assets on hot wallets, according to a CoinGecko survey observing crypto storage behavior post-FTX collapse. The post 8 out of 10 investors store crypto on hot wallets: CoinGecko survey appeared first on CryptoSlate. дальше »
2023-3-24 16:30 | |
How Tether (USDT) Benefited from the Silicon Valley Bank Collapse
Stablecoin operator Tether is expected to announce profits of $700 million for the first quarter of the year after publishing its figures for the first time. The post How Tether (USDT) Benefited from the Silicon Valley Bank Collapse appeared first on BeInCrypto. дальше »
2023-3-24 13:00 | |
Bitcoin [BTC]: Derivatives demand soars, but what are its implications
Bitcoin demand in the derivatives market takes advantage of inflows fueled by banking collapse. Sell pressure may put a cap on the latest rally and trigger some long liquidation, but investors The post Bitcoin [BTC]: Derivatives demand soars, but what are its implications appeared first on AMBCrypto. дальше »
2023-3-24 04:30 | |
Sygnum sees increased crypto firm inquiries after US banking giants collapse
The Swiss crypto bank, however, would stick to its policy of not onboarding United States clients as it focuses on its core target market. дальше »
2023-3-24 22:00 | |
LUNA falls sharply on Do Kwon’s arrest allegations
Terra LUNA crashed last year following the collapse of its Terra UST stablecoin project. The crash was followed by a hard fork where the current Terra LUNA token was created. There is news that Terra LUNA’s founder Do Kwon has been arrested. дальше »
2023-3-23 18:02 | |
BREAKING: Luna Founder Do Kwon Reportedly Arrested In Montenegro
Per a report from Bankless, Terra (LUNA) co-founder Do Kwon was allegedly arrested in the region of Podgorica, Montenegro. South Korean authorities and the International Criminal Police Organization (Interpol) were on the hunt for Kwon for his alleged involvement in the collapse of the Terra ecosystem. дальше »
2023-3-23 16:42 | |
Litecoin (LTC) price surges over 9%, pre-terra highs in sight
Litecoin (LTC) has seen a surge in value, rising by over 9% in the last 24 hours and over 11% in the last week. The cryptocurrency is now on track to reclaim its previous highs prior to the Terra collapse. дальше »
2023-3-23 12:37 | |
FTX pursuing $460m from SBF-backed Modulo Capital
Amid SVB's collapse, the defunct cryptocurrency exchange FTX is suing the venture capital company Modulo Capital, which got a significant investment from Alameda Research last year. дальше »
2023-3-23 09:33 | |
Fed Increases Interest Rates by 25 Basis Points, Suggests Rate Hike Pause Likely
Federal Reserve chair Jerome Powell said that the collapse of banks has tempered interest rate hikes. The post Fed Increases Interest Rates by 25 Basis Points, Suggests Rate Hike Pause Likely appeared first on BeInCrypto. дальше »
2023-3-23 00:52 | |
US lawmakers reiterate concerns about ‘sham’ crypto firm audits to PCAOB
Two U.S. senators cited the collapse of FTX when writing to Public Company Accounting Oversight Board chair Erica Williams in January, but now suggest improper auditing could have affected three banks as well. дальше »
2023-3-23 22:35 | |
Mysterious crypto trader quit FTX and SVB just before they collapsed
A crypto trader with an address dubbed Smartestmoney has deposited 7,868 ETH tokens (roughly $14 million) on Binance. They also withdrew $19 million from FTX before its collapse last year. Blockchain analytics platform Lookonchain has revealed that a crypto trader… дальше »
2023-3-22 19:08 | |
Banks should report exposure to crypto-related businesses: Australia
The Australian regulator has reportedly asked local banks to report on cryptocurrency transactions in the aftermath of SVB’s collapse. The announcement comes just a few days after the AustralThe post Banks should report exposure to crypto-related businesses: Australia appeared first on AMBCrypto. дальше »
2023-3-22 14:30 | |
Crypto firms turn to Swiss banks following Signature, Silvergate collapse
The collapse of Signature Bank and Silvergate Bank, two of the most crypto-friendly lenders in the U.S., has left many cryptocurrency firms in a state of uncertainty and desperation. дальше »
2023-3-22 13:39 | |
Existing Home Sales Surged 14.5% in February as Result of Lower Mortgage Rates
Coinspeaker Existing Home Sales Surged 14. 5% in February as Result of Lower Mortgage Rates According to NAR Chief Economist Lawrence Yun, home prices will not collapse, but this is not the bottom yet, meaning there might be a further decrease. дальше »
2023-3-22 13:18 | |
Bitcoin Price Will Hit $50,000 In Under A Year, This Economist Says
Bitcoin price could see a boost amid a widespread financial crisis that has already led to the collapse of several banking giants and put many others at risk, according to Raoul Pal, Real Vision CEO and a former hedge fund manager. дальше »
2023-3-22 05:25 | |
$28.7K Could Be Next Level To Break For Bitcoin, Here’s Why
On-chain data suggests the $28,700 mark, which Bitcoin has yet to hit since the LUNA collapse, could be the next major obstacle to clear for the asset. Bitcoin Has Been Under The $28,700 Level For 310 Days Now According to data from the on-chain analytics firm Glassnode, the $28,700 is the cost basis (that is, the acquisition price) of a specific whale group in the BTC market. дальше »
2023-3-22 22:48 | |
Matrixport Reveals The Investor Demographic That Is Driving The Bitcoin Rally
Bitcoin rallied tremendously last week coming off the back of the devastating new of the Silicon Valley Bank collapse, among others. This saw the digital asset rise to a nine-month high above $28,000 before correcting back downward. дальше »
2023-3-21 17:00 | |
USDC issuer Circle offered $3 billion emergency backstop from Coinbase
Coinbase reportedly offered a $3 billion credit facility to USDC issuer Circle Internet Financial. The credit facility was to guarantee full liquidity for the stablecoin following the collapse The post USDC issuer Circle offered $3 billion emergency backstop from Coinbase appeared first on AMBCrypto. дальше »
2023-3-21 11:15 | |
Coinbase Offered Circle $3.3 Billion to Restore USDC Peg After SVB Collapse, Says Report
Coinbase reportedly agreed to offer Circle a $3.3 billion credit line to shore up USDC liquidity after SVB collapse. The post Coinbase Offered Circle $3.3 Billion to Restore USDC Peg After SVB Collapse, Says Report appeared first on BeInCrypto. дальше »
2023-3-21 01:30 | |
Bitcoin CME Gap at $28,000 Filled, But Correction Risk Looms
Bitcoin’s (BTC) upward trend has persisted, reaching its highest level since June 2022 before the FTX collapse. BTC has breached the nearest resistances, successfully filling the Chicago Mercantile Exchange (CME) gap and breaking above $28,400. дальше »
2023-3-21 00:00 | |
SVB Collapse Paralyses NFT Market
NFT traders are reeling from the SVB crash, which hit the industry hard. There’s nothing like an unexpected catastrophe to kill the buzz. Indeed, following the FTX black swan event, we’ve been dealing with another cataclysmic episode thanks to Silicon Valley Bank (SVB). дальше »
2023-3-20 12:49 | |
Exploring MakerDAO's plans for DAI as stablecoins face FUD
MakerDAO's DAI was safely collateralized, but interest in it was declining at press time. Active development offers hope for MakerDAO's future. Following the collapse of SVB and the stablecoThe post Exploring MakerDAO's plans for DAI as stablecoins face FUD appeared first on AMBCrypto. дальше »
2023-3-20 11:30 | |
Australian Banking Association’s cost of living inquiry reveals bank pressure
An analysis of the rising inflation and concurrent collapse of Silicon Valley Bank proved that more than 186 banks in the U.S. are at risk of a similar shutdown if depositors decide to withdraw all funds. дальше »
2023-3-20 10:47 | |
Former Coinbase CTO Places $2 Million Bet That Bitcoin Will Hit $1 Million In 90 Days
Balaji Srinivasan, a former CTO of Coinbase, has placed a $2 million bet that Bitcoin would hit the $1 million price mark in 90 days. This bet was in response to financial expert James Medlock who proposed a $1 million bet that the US would not enter hyperinflation despite the recent collapse of banks in […] дальше »
2023-3-20 08:38 | |
MakerDAO suffers a fall in annualized fee income, thanks to SVB
MakerDAO's annualized fee income has been decreasing since SVIB's collapse. Waning buying pressure puts MKR's price at risk of further decline. The annualized fee income of leading decentralThe post MakerDAO suffers a fall in annualized fee income, thanks to SVB appeared first on AMBCrypto. дальше »
2023-3-19 01:30 | |
SVB Analysis Shows More Than 186 US Banks Might Still Collapse
The banks that collapsed recently faced diverse challenges that affected their operations. For instance, Silvergate faced multiple regulatory actions due to its dealings with the bankrupt FTX exchange, its founder Sam Bankman-Fried and its sister company Alameda Research. дальше »
2023-3-20 15:20 | |
This Crisis Will Define the Future of Money
The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has caused worrying outflows at hundreds of regional banks. Now, with the U.S. Federal Reserve creating a new backstop facility reportedly worth $2 trillion and Switzerland’s central bank bailing out Credit Suisse to the tune of $54 billion, the echoes of prior crisis in 2008 and 2013 are loud. дальше »
2023-3-20 21:11 | |
SVB Financial Group Files for Bankruptcy – the Largest Bank Failure Since 2008
SVB Financial Group has filed for Chapter 11 Protection due to the impact of Silicon Valley Bank's collapse. The post SVB Financial Group Files for Bankruptcy – the Largest Bank Failure Since 2008 appeared first on BeInCrypto. дальше »
2023-3-17 15:59 | |
This US Lawmaker Says Signature Bank Collapse Was Due to Instability in Crypto
Coinspeaker This US Lawmaker Says Signature Bank Collapse Was Due to Instability in Crypto Senator Michael Bennet from Colorado said that Signature Bank didn't make “prudentially sound” decisions while dealing with crypto. дальше »
2023-3-20 13:48 | |
NFT trading plummets following SVB crisis: Report
NFT trading volumes took a massive hit following the collapse of SVB last week, as per a recent DappRadar report. There were only 11,440 active NFT traders on the day after the FDIC took controThe post NFT trading plummets following SVB crisis: Report appeared first on AMBCrypto. дальше »
2023-3-17 13:30 | |
SVB collapse soars crypto apps downloads
Reports indicate that the number of people downloading crypto applications has increased massively following the dawn of problems in the US banking system. Based on recent reports, the number of downloads for crypto apps has been surging over the past… дальше »
2023-3-17 10:14 | |
US lawmaker suggests Signature’s collapse was tied to instability of crypto
Senator Michael Bennet said crypto was not “even as stable as the marijuana industry,” questioning Signature Bank’s ability to service digital asset firms but not dispensaries. дальше »
2023-3-17 01:00 | |
USDC Survives Silicon Valley Bank Collapse and Clears Backlog
Circle, the issuer of USDC, announced that they had cleared all the backlog of minting and redemption. The stablecoin got depegged over the weekend. The post USDC Survives Silicon Valley Bank Collapse and Clears Backlog appeared first on BeInCrypto. дальше »
2023-3-17 18:01 | |
New FTX management says FTX paid $2.2 billion to Sam Bankman-Fried
FTX filed for Chapter 11 bankruptcy in November 2022 and shortly after the new CEO John J. Ray III described the exchange’s collapse as a “complete failure of corporate controls and a complete absence of trustworthy financial information. дальше »
2023-3-18 14:16 | |
Crypto Whales Ditch Shiba Inu (SHIB) and Blur (BLUR) — Here’s Why They’re Backing the TMS Network (TMSN) Presale Event
The cryptocurrency market is up following the collapse of two US banks, but not all increases are equal. While Shiba Inu (SHIB) and Blur (BLUR) started the month strong, investors are now ditching both and backing TMS Network (TMSN). дальше »
2023-3-17 10:29 | |