The cryptocurrency market took a major hit on Friday after the market recorded a significant decline in overall value. Liquidations were sitting above $200 million, and the cryptocurrency market lost over 9% of its value. Ever since, predictions for the near-term price performance of Bitcoin and other leading assets have […]
United States Treasury Secretary Janet Yellen is reportedly working with regulators to address Silicon Valley Bank collapse and protect investors, but not considering a major bailout. Yellen made the comments during an interview with CBS News on March 12, claiming that regulators are designing “appropriate policies to address the situation” […]
As the 40-year-old banking institution, Silicon Valley Bank (SVB), winds down operation, numerous venture capitalists and investors joined hands and decided to cushion the impact in case the bank “were to be purchased and appropriately capitalized.” Approximately 125 VCs and investors signed a statement supporting SVB as a way to […]
In a lengthy Twitter thread, a product leader and Web3 advisor Vanessa Harris explained the downsides of the Cardano Cardano governance body. CIP-1694 is a Cardano upgrade expected to introduce the Cardano network into the Voltaire era. The CIP includes 4 components and has since elicited comments from community members. […]
Cardano’s (ADA) is one of the few altcoins to watch out for this weekend. In the month of March, ADA is slowly attempting to prove that it is one of the most promising alternative crypto assets in the top-10 category. ADA has recently recorded a significant surge in daily trading […]
According to a report that began circulating on March 11 in the aftermath of the collapse of Silicon Valley Bank (SVB), prominent blockchain venture capitalists (VCs) have over $6 billion worth of assets held by the now-defunct financial entity. These include $2.85 billion from Andreessen Horowitz (a16z), $1.72 billion from […]
The International Monetary Fund (IMF) has stated that the risks surrounding bitcoin use in El Salvador have not necessarily shown themselves yet. However, the agency has reported it’s necessary to stay aware and that El Salvador still warrants both attention and transparency. The IMF Is Still Worried About El Salvador […]
Ripple (XRP) is in a downtrend as it is below the moving average lines. Long term forecast for Ripple price: bearish On March 8 and 9, traders engaged in a price war. Buyers were able to keep the price above the moving average lines on March 8, but selling pressure […]
The collapse of Silicon Valley Bank (SVB) has raised concerns about the exposure of major players like Circle, the issuer of the popular stablecoin USDC. Circle is actively working to protect the stability of its stablecoin and has sought to instil confidence by emphasizing that it still has access to […]
Despite the recent crackdown by the U.S. Securities and Exchange Commission (SEC) on staking services offered by centralized providers, Coinbase has reiterated to customers that its staking services will continue, and “may actually increase.” In a new customer email, highlighted by popular traders such as @AltcoinPsycho via Twitter on March […]
We and our partners use cookies on this site to improve our service, perform analytics, personalize advertising, measure advertising performance, and remember website preferences.