Cryptocurrency Market

  • Market Cap: $2,229,447,446,206.33
  • 24h Vol: $78,358,125,010.61
  • BTC Dominance: 55.96%
biggest-movers: xrp-hits-fresh-5-month-high-on-tuesday,-extending-recent-win-streak

Biggest Movers: XRP Hits Fresh 5-Month High on Tuesday, Extending Recent Win Streak

Xrp rose to a fresh five-month high on Tuesday, as prices climbed for a fourth straight session. The token moved to its highest point since November, which comes despite a red wave sweeping over cryptocurrency markets. The global market cap is down 2.35% as of writing. XRP XRP, formerly ripple, rose for a fourth consecutive […]

Biggest Movers: XRP Hits Fresh 5-Month High on Tuesday, Extending Recent Win Streak Read More »

bitcoin-millionaire-tim-draper-advises-startups-to-keep-bitcoin-as-a-hedge-against-a-‘domino’-run-on-the-banks

Bitcoin Millionaire Tim Draper Advises Startups to Keep Bitcoin as a Hedge Against a ‘Domino’ Run on the Banks

Tim Draper, a venture capitalist and bitcoin millionaire, has included bitcoin as part of a series of cash management recommendations offered to startup founders. Draper recommended having at least two payrolls worth of cash in bitcoin or other cryptocurrencies to avoid being affected by bank failures like the collapse of Silicon Valley Bank (SVB). Tim

Bitcoin Millionaire Tim Draper Advises Startups to Keep Bitcoin as a Hedge Against a ‘Domino’ Run on the Banks Read More »

binance-experiences-significant-btc,-eth,-and-stablecoin-withdrawals-following-cftc-lawsuit

Binance Experiences Significant BTC, ETH, and Stablecoin Withdrawals Following CFTC Lawsuit

After the U.S. Commodity Futures Trading Commission sued Binance for alleged violations of trading and derivatives rules, a significant amount of cryptocurrency was withdrawn from the exchange. Data from analytics provider Nansen shows $400 million in Ethereum-based funds were withdrawn in 24 hours, and 3,655 bitcoin worth more than $99 million were withdrawn over the

Binance Experiences Significant BTC, ETH, and Stablecoin Withdrawals Following CFTC Lawsuit Read More »

standing-together-against-disasters:-coinex-charity-passes-on-the-spirit-of-charity

Standing Together Against Disasters: CoinEx Charity Passes on the Spirit of Charity

PRESS RELEASE. Every year, natural disasters like earthquakes, hurricanes, and floods hit countries around the world, severely damaging local infrastructure and homes and causing casualties. Individuals and communities in the catastrophe-hit areas suffer a heavy loss and need help from the outside badly. For years, numerous public welfare organizations and charitable groups have been actively

Standing Together Against Disasters: CoinEx Charity Passes on the Spirit of Charity Read More »

ethereum-co-founder-says-crypto-ecosystem-has-never-been-better-or-stronger

Ethereum Co-Founder Says Crypto Ecosystem Has Never Been Better or Stronger

Ethereum co-founder Joseph Lubin says the strength of the crypto ecosystem “has never been better or stronger.” He believes “more clarity” from regulators would be helpful for the crypto industry. “I think our industry has suffered from having two major factions lumped into one: the money-crypto faction … and the tech-crypto faction,” he explained. Ethereum’s

Ethereum Co-Founder Says Crypto Ecosystem Has Never Been Better or Stronger Read More »

market-strategist-discusses-‘super-bubbles’-bursting-—-warns-of-‘outrageously-consequential,-painful-effects’

Market Strategist Discusses ‘Super Bubbles’ Bursting — Warns of ‘Outrageously Consequential, Painful Effects’

Market strategist Jeremy Grantham, co-founder of asset management firm GMO, has warned of “super bubbles” bursting. He explained that the Federal Reserve has “created an environment conducive to a chain-linked series of super bubbles that break with outrageously consequential, painful effects.” Jeremy Grantham’s Warnings Investment strategist Jeremy Grantham shared his U.S. economic outlook with economist

Market Strategist Discusses ‘Super Bubbles’ Bursting — Warns of ‘Outrageously Consequential, Painful Effects’ Read More »

vaneck-ceo-predicts-bull-cycle-for-bitcoin-and-gold-—-expects-fed-tightening-to-end-soon

Vaneck CEO Predicts Bull Cycle for Bitcoin and Gold — Expects Fed Tightening to End Soon

The CEO of investment management firm Vaneck has predicted a bull cycle for gold and bitcoin. “We are at the very beginnings of what could be a several-year cycle in gold, and I also put bitcoin in that category as well,” the executive said, adding that the Federal Reserve is “close to the end of

Vaneck CEO Predicts Bull Cycle for Bitcoin and Gold — Expects Fed Tightening to End Soon Read More »

bitcoin-hashrate-reaches-400-exahash-per-second,-researcher-says-network-could-reach-zettahash-era-by-2025

Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025

Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400 exahash per second (EH/s). The 400 exahash equates to 0.4 zettahash or four hundred quintillion hashes per second.

Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025 Read More »

first-citizens-bank-acquires-silicon-valley-bank,-costing-fdic-deposit-insurance-fund-an-estimated-$20b

First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B

According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired by First Citizens Bank & Trust Company, which is based in Raleigh, North Carolina. First Citizens acquired all deposits and loans from SVB, as well as the 17 branches that SVB owned across the United States. Silicon Valley

First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B Read More »

experts-predict-more-bank-failures-in-the-us-following-interest-rate-hike-and-unsettled-banking-crisis

Experts Predict More Bank Failures in the US Following Interest Rate Hike and Unsettled Banking Crisis

After the recent bank collapses in the U.S., a number of people believe that more failures are coming following the Federal Reserve’s increase of the benchmark interest rate by 25 basis points (bps). American journalist Charles Gasparino insists that Wall Street’s “low-rate” junkies are ignoring the U.S. banking crisis. Quill Intelligence CEO Danielle DiMartino Booth

Experts Predict More Bank Failures in the US Following Interest Rate Hike and Unsettled Banking Crisis Read More »