Cryptocurrency Market

  • Market Cap: $2,223,231,983,329.76
  • 24h Vol: $66,480,155,767.33
  • BTC Dominance: 55.92%

Bitcoin

80-crypto-firms-interested-in-establishing-presence-in-hong-kong,-official-says

80 Crypto Firms Interested in Establishing Presence in Hong Kong, Official Says

Hong Kong’s Secretary for Financial Services and Treasury has revealed that more than 80 crypto companies have expressed interest in establishing a presence in Hong Kong. They include companies across mainland China, Canada, European Union countries, Singapore, the U.K., and the U.S. “We attach great importance to virtual asset (VA) and Web3,” said the government […]

80 Crypto Firms Interested in Establishing Presence in Hong Kong, Official Says Read More »

billionaire-‘bond-king’-jeffrey-gundlach-predicts-the-fed-will-cut-rates-substantially-soon

Billionaire ‘Bond King’ Jeffrey Gundlach Predicts the Fed Will Cut Rates Substantially Soon

Billionaire Jeffrey Gundlach, aka the “Bond King,” has predicted that the Federal Reserve will be cutting interest rates substantially soon. “Red alert recession signals,” he added, noting that all U.S. Treasury yields two years and out are “well below the fed funds rate.” Doubleline CEO on Fed Rate Cuts and Recession Jeffrey Gundlach, chief executive

Billionaire ‘Bond King’ Jeffrey Gundlach Predicts the Fed Will Cut Rates Substantially Soon Read More »

moody’s-warns-of-potential-financial-disruption-spillover-beyond-us-banking-sector

Moody’s Warns of Potential Financial Disruption Spillover Beyond US Banking Sector

Roughly ten days ago, the credit agency Moody’s Investors Service downgraded the U.S. banking sector from “stable” to “negative.” In a recent update on Thursday, the company stated that there is still a risk to the U.S. economy. The managing director of credit strategy at Moody’s explained that the country “will be unable to curtail

Moody’s Warns of Potential Financial Disruption Spillover Beyond US Banking Sector Read More »

shares-of-deutsche-bank,-other-euro-lenders-tumble

Shares of Deutsche Bank, Other Euro Lenders Tumble

Deutsche Bank shares plunged on Friday, along with the stocks of other European banks, amid investor concerns over the stability of the global banking sector. The drop comes in the aftermath of the recent emergency rescue of Credit Suisse and follows losses in U.S. banks on Thursday. Deutsche Bank Credit Default Swaps Jump to 4-Year

Shares of Deutsche Bank, Other Euro Lenders Tumble Read More »

terraform-labs-ceo-do-kwon-faces-extradition-to-south-korea

Terraform Labs CEO Do Kwon Faces Extradition to South Korea

According to a report published by AFP, Do Kwon, CEO of Terraform Labs, has been charged with document forgery in Montenegro. Kwon was arrested at the Podgorica airport while traveling with fake documentation. South Korean prosecutors have said the Terra co-founder faces extradition to South Korea. Montenegro Police’s Account of the Falsified Travel Documents Found

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treasury-secretary-yellen-holds-unscheduled-meeting-with-top-financial-regulators-amid-turmoil-in-banking-sector

Treasury Secretary Yellen Holds Unscheduled Meeting With Top Financial Regulators Amid Turmoil in Banking Sector

U.S. Treasury secretary Janet Yellen initiated an unscheduled Financial Stability Oversight Council (FSOC) meeting with the country’s top financial regulators on Friday amid issues plaguing the U.S. banking sector. Banking stocks and all four U.S. benchmark indexes fell again on Friday as the government’s efforts last week failed to quell the country’s financial calamity. Janet

Treasury Secretary Yellen Holds Unscheduled Meeting With Top Financial Regulators Amid Turmoil in Banking Sector Read More »

biggest-movers:-xmr-rises-to-1-month-high,-xrp-moves-4%-lower

Biggest Movers: XMR Rises to 1-Month High, XRP Moves 4% Lower

Monero jumped to a one-month high on Friday, as overall sentiment in crypto markets remained largely unchanged. The global market cap is now trading 0.60% higher at the time of writing. Xrp was back in the red in today’s session, as traders continued to secure recent gains. Monero (XMR) Monero (XMR) has been one of

Biggest Movers: XMR Rises to 1-Month High, XRP Moves 4% Lower Read More »

digital-euro-key-for-european-payment-autonomy,-ecb-president-lagarde-says

Digital Euro Key for European Payment Autonomy, ECB President Lagarde Says

The digital euro has an important role in preserving the payment autonomy of Europe, the head of the eurozone’s monetary authority emphasized. The new currency, which is still under development, is meant to be sovereign and safe, cheap and widely available, Christine Lagarde assured during a discussion devoted to central bank digital currencies. Payment Cards

Digital Euro Key for European Payment Autonomy, ECB President Lagarde Says Read More »

bitcoin,-ethereum-technical-analysis:-eth-drops-from-7-month-high,-as-market-volatility-heightens

Bitcoin, Ethereum Technical Analysis: ETH Drops From 7-Month High, as Market Volatility Heightens

Ethereum fell from a 7-month high March 24, as traders reacted to further uncertainty within the European banking sector. Shares in Deutsche Bank fell by as much as 13% in today’s session, following a spike in the cost of credit default swaps. Bitcoin briefly moved above $28,000 on the news. Bitcoin Bitcoin (BTC) was back

Bitcoin, Ethereum Technical Analysis: ETH Drops From 7-Month High, as Market Volatility Heightens Read More »

multichain-wallet-bitkeep-raises-$30-million-from-bitget-to-strengthen-links-between-defi-and-cefi

Multichain Wallet Bitkeep Raises $30 Million From Bitget to Strengthen Links Between Defi and Cefi

On Wednesday, the multichain wallet Bitkeep announced it raised $30 million from the crypto derivatives platform Bitget. Bitkeep now has an overall valuation of $300 million, with goals aimed at strengthening the links between decentralized finance (defi) and centralized finance (cefi). Bitget Invests $30 Million in Bitkeep; Wallet Firm Is Now Valued at $300M Crypto

Multichain Wallet Bitkeep Raises $30 Million From Bitget to Strengthen Links Between Defi and Cefi Read More »