Cryptocurrency Market

  • Market Cap: $3,753,835,643,520.71
  • 24h Vol: $118,410,358,455.80
  • BTC Dominance: 55.40%

deposits

robinhood-crypto-launches-crypto-transfers-for-european-users

Robinhood Crypto Launches Crypto Transfers for European Users

Robinhood Crypto has introduced a major new feature for European users, allowing them to deposit and withdraw over 20 different cryptocurrencies. The new crypto transfer service includes a limited-time 1% deposit match. With this launch, the platform also reinforces its focus on self-custody, security, and decentralized finance (defi) accessibility. Robinhood Crypto Rolls Out Crypto Transfers […]

Robinhood Crypto Launches Crypto Transfers for European Users Read More »

almost-50-russian-banks-accept-yuan-deposits-amid-low-demand-for-dollar-accounts

Almost 50 Russian Banks Accept Yuan Deposits Amid Low Demand for Dollar Accounts

A growing number of banking institutions in Russia are offering customers the option to save in Chinese yuan. The trend coincides with declining demand for U.S. dollar and euro deposits amid currency restrictions that triggered a flight of funds to bank accounts abroad. Demand for Dollar, Euro Accounts Expected to Drop Further, Requests for Yuan

Almost 50 Russian Banks Accept Yuan Deposits Amid Low Demand for Dollar Accounts Read More »

post-shapella-hard-fork:-ethereum-deposits-exceed-withdrawals,-wait-time-climbs,-eth-transfer-fees-jump

Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump

It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending withdrawal, and over the past three days, 112,568 ether has been added to liquid staking protocols. Just

Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump Read More »

explaining-‘bank-walks’-—-study-assesses-how-they-might-affect-credit

Explaining ‘Bank Walks’ — Study Assesses How They Might Affect Credit

Bank walks are a new liquidity movement phenomenon identified by analysts, characterized by a slow drift of deposits to take advantage of better yield opportunities. Such “walks” might prove to be pernicious to the banking system, as they cannot be stopped and have effects on credit availability. What Are ‘Bank Walks’? Bank walks, so called

Explaining ‘Bank Walks’ — Study Assesses How They Might Affect Credit 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 »

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 »

a-look-at-the-fed’s-recent-custodia-bank-denial-and-the-central-bank’s-push-back-against-narrow-banking

A Look at the Fed’s Recent Custodia Bank Denial and the Central Bank’s Push Back Against Narrow Banking

Over the past century, the number of American banks has significantly decreased, dropping from 30,000 banks in 1921 to 4,997 U.S. banks in 2021, according to data from the Federal Reserve. Recently, the U.S. central bank denied Custodia Bank of Wyoming, a financial institution that holds $1.08 for every dollar deposited by customers. Although there

A Look at the Fed’s Recent Custodia Bank Denial and the Central Bank’s Push Back Against Narrow Banking Read More »

flagstar-bank-acquires-signature-bank’s-assets-and-branches,-excluding-cryptocurrency-operations

Flagstar Bank Acquires Signature Bank’s Assets and Branches, Excluding Cryptocurrency Operations

On Monday, about a week after the collapse of Signature Bank, the Federal Deposit Insurance Corporation (FDIC) announced that Flagstar Bank, a wholly owned subsidiary of New York Community Bancorp, acquired 40 former branches of Signature and its assets. Flagstar assumed nearly all of Signature’s deposits, except for $4 billion of deposits related to the

Flagstar Bank Acquires Signature Bank’s Assets and Branches, Excluding Cryptocurrency Operations Read More »

circle-partners-with-cross-river-bank,-handful-of-us-‘crypto-friendly’-banks-remain;-okcoin-suspends-usd-deposits

Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits

Circle Financial, the issuer of the stablecoin USDC, is partnering with Cross River Bank after its former settlement partner, Signature Bank, was closed by New York regulators, according to a statement from CEO Jeremy Allaire. “The 1:1 redeemability of all USDC in circulation is of paramount importance to Circle,” Allaire emphasized. Crypto Firms Scramble for

Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits Read More »

bank-of-england-shuts-down-silicon-valley-bank’s-uk-branch-after-us-regulators-close-parent-company

Bank of England Shuts Down Silicon Valley Bank’s UK Branch After US Regulators Close Parent Company

After U.S. regulators shut down Silicon Valley Bank (SVB) on Friday, the Bank of England has closed the company’s U.K.-based arm. The central bank explained that it intends to place the subsidiary into bank insolvency procedures. Fallout From SVB Failure Prompts BOE to Close U.K. Branch The ripple effect of the 16th largest bank in

Bank of England Shuts Down Silicon Valley Bank’s UK Branch After US Regulators Close Parent Company Read More »