The meteoric rise of the Ethereum price was suddenly interrupted on Saturday as a considerable amount of the digital asset was transferred to the Binance exchange. The transfer, which occurred at 1:30 AM ET, sent shockwaves through the market and…
Bitcoin (BTC) is approaching a key weekly close on March 19 with traders concerned about a retest of lower levels. BTC/USD 1 hour candlestick chart (Bitstamp). Source: TradingView Bitcoin bulls need to “step” to protect $26,000 Data from Cointelegraph Markets…
Bitcoin ordinal NFTs are a trending asset on the bitcoin network, with more than 500,000 NFTs printed recently. This unique digital asset has taken over the crypto community, with creators switching from popular blockchains like Ethereum to create NFTs on…
Silicon Valley Bank UK (SVB UK) has been given millions of pounds in employee bonuses, just days after it was rescued by the global banking giant HSBC with only 1 British pound, according to an unnamed source. In a Sky…
The collapse of major banks in the United States and the need for federal intervention led to discussions to identify the most effective way to protect the collapsing economy. Comparing the episode to the financial crisis of 2008, renowned economist…
Balaji Srinivasan, the former CTO of Coinbase, has made a $2 million bet that Bitcoin will reach the $1 million price mark in 90 days. This bet was in response to financial expert James Medlock who proposed a $1 million…
Ethereum co-founder Vitalik Buterin has emphasized the importance of having multiple “guardians” to maximize the safety of crypto-assets self-guarding through multisig and social recovery wallets. Given the increasing rate of crypto fraud and hacking over the past few years, and…
Binance has responded to a letter from a United States Senator since early March requesting information about the crypto exchange’s operations in the country, including its balance sheet. According to a report dated March 18, Binance’s response did not include…
The Swiss National Bank (SNB) and Swiss financial regulators reportedly believe that the acquisition of investment bank Credit Suisse by UBS, Switzerland’s largest bank, is the “only option” to prevent a “collapse of confidence” in Credit Suisse. According to a…
The Mid-size Bank Coalition of America (MBCA) has reportedly asked the United States federal regulator to extend the insurance of all deposits for the next two years. According to a March 18 Bloomberg report, MBCA – a coalition of mid-sized…