Cryptocurrency Market

Cryptocurrency Market

Menu
  • Market Cap: $2,212,995,644,299.50
  • 24h Vol: $107,313,126,748.28
  • BTC Dominance: 56.01%

Finance

report:-us-government-auctions-off-failed-banks-svb-and-snby,-crypto-restrictions-apply

Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply

Leave a Comment / American Banks, anti-crypto, Auction, auctioning banks, bailout plan, bank failures, bank shutdowns, Banking Industry, Barney Frank, bidders, Bids, Bitcoin, Chartered Bank, controversy, crypto businesses, Crypto Hacked, Cryptocurrency, depositors, Ethereum, FDIC, Finance, Financial Institutions, Financial News, New York State Department of Financial Services, News, Piper Sandler Companies, potential buyers, private equity companies, Regulations, regulations vs innovation, restrictions, Reuters, Signature Bank, Silicon Valley Bank, sources, strict rules, traditional lenders, unidentified sources, US economy, US government / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley Bank (SVB) and Signature Bank (SNBY), this week, with bids due by March 17. However, sources familiar with the matter said the qualifications to purchase the banks are stringent, and reportedly, the purchasers cannot deal […]

Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply Read More »

bitcoin-becomes-12th-largest-asset-worldwide-by-valuation,-surpassing-visa

Bitcoin Becomes 12th Largest Asset Worldwide by Valuation, Surpassing Visa

Leave a Comment / 12th largest, aapl, Alphabet, Alphabet (Google), Amazon, Apple, Assets, Berkshire Hathaway, Bitcoin, Bitcoin (BTC), Bitcoin and Gold, bitcoin silver, BTC, Crypto asset, Crypto Asset Markets, Crypto Hacked, Cryptocurrency, Digital Assets, Ethereum, Facebook, Finance, Global Economy, gold, gold (Au), Google, investment, Market Capitalization, Market Update, Market Updates, Market Valuation, market value, Meta, Microsoft, Nvidia, payment systems, Satoshi Nakamoto, Saudi Aramco, silver, Stock Market, Technology, Tesla, trading, U.S banks, USD, valuation, VISA, worldwide assets / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After dropping below $26,000 per unit, the price of bitcoin, the leading digital asset by market capitalization, is still up 9.6% since last week. However, its price has decreased by 6.5% in the last 24 hours. Out of the 7,316 companies, crypto assets, precious metals, and exchange-traded funds worth more than $82 trillion in value,

Bitcoin Becomes 12th Largest Asset Worldwide by Valuation, Surpassing Visa Read More »

signature-bank-closure-has-nothing-to-do-with-crypto,-says-regulator

Signature Bank Closure Has Nothing to Do With Crypto, Says Regulator

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, Ethereum, Finance, Signature Bank, Signature Bank closure, Signature Bank crypto, Signature Bank cryptocurrency, Signature Bank DFS, Signature Bank New York Department of Financial Services, Signature Bank NYDFS, Signature Bank shutdown / / / , , , , , , , ,

The decision to close down Signature Bank had “nothing to do with crypto,” said the New York State Department of Financial Services, the regulator that took possession of the troubled bank on Sunday. The financial watchdog insisted that its decision to put Signature Bank in receivership “was based on the current status of the bank

Signature Bank Closure Has Nothing to Do With Crypto, Says Regulator Read More »

silicon-valley-bank-failure-highlights-dangers-of-fractional-reserve-banking

Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve Banking

Leave a Comment / 19th century, bank runs, Banking, banks, Bitcoin, Crypto Hacked, Cryptocurrency, cybersecurity, data privacy, digital transformation, Economics, Economist, electronic transactions, Ethereum, FDIC, FDIC insurance, Finance, financial contagion, Financial Crisis, Financial Institutions, Financial Markets, Financial Regulation, Financial Services, financial stability, fractional reserves, Global Economy, Information Security, Mises, Mobile banking, Modern Day Bank runs, Murray Rothbard, online banking, risk management, Robert Murphy, Satoshi Nakamoto, Silicon Valley Bank, SVB, Technology, US Banking, White Paper / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After the failure of Silicon Valley Bank (SVB), a great deal of Americans are starting to realize the dangers of fractional-reserve banking. Reports show that SVB suffered a significant bank run after customers attempted to withdraw $42 billion from the bank on Thursday. The following is a look at what fractional-reserve banking is and why

Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve Banking Read More »

usdc-stablecoin-depegging-causes-concern-among-crypto-advocates,-5-other-stablecoins-slip-below-parity

USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity

Leave a Comment / Banking, Binance, Bitcoin, BitPay, Blockchain, Cash, Circle, Circle Financial, Circle USDC, Coinbase, Crypto, Crypto Hacked, Crypto.com, Crypto.com USDC, Crypto.com USDC suspension, Cryptocurrency, DAI, Decentralized, depegging, Digital Assets, Ethereum, Exchanges, Finance, Fintech, FRAX, GUSD, Investors, Liquidity, Market Capitalization, market volatility, News, Regulation, risk management, Silicon Valley Bank, Stablecoin, SVB, SVB deposits, Tether, trading, USD parity, USDC, USDC Depeg, USDC depegging, USDD, USDP / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Saturday, March 11, 2023, crypto advocates are concerned as a few stablecoin assets have depegged from their $1 parity. The second-largest stablecoin USDC, issued by Circle Financial, fell below $0.90, reaching a low of $0.877 per coin. Additionally, around five other stablecoins have dropped below the U.S. dollar parity during the early morning (ET)

USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity Read More »

signature-bank-considered-a-buy-as-last-major-bank-standing-in-crypto-market-amid-silvergate-and-svb-troubles

Signature Bank Considered a Buy as Last Major Bank Standing in Crypto Market Amid Silvergate and SVB Troubles

Leave a Comment / Assets, Banking, Bitcoin, buying opportunity, capital, Crypto, Crypto Hacked, crypto-town, Cryptocurrencies, Cryptocurrency, deposit, equity analyst, Ethereum, Finance, financial difficulties, institutional investors, investment, Investors, Liquidity, market analysis, Market Trends, market volatility, mono-line provider, News, on-ramp, Piper Sandler, pricing power, Regulation, Signature Bank, Silicon Valley Bank, Stock, Stock Market, stock price, trading, Wall Street, Wells Fargo / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Amid the demise of Silvergate Bank and the troubles faced by Silicon Valley Bank (SVB), market analysts believe Signature Bank (SBNY) may be a buy as it’s considered the “last game in crypto-town,” according to Wells Fargo equity analyst Jared Shaw. Silvergate’s liquidation caused SBNY shares to sink on Friday, dropping more than 13% as

Signature Bank Considered a Buy as Last Major Bank Standing in Crypto Market Amid Silvergate and SVB Troubles Read More »

digital-real-pilot-to-run-on-ethereum-compatible,-permissioned-blockchain

Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain

Leave a Comment / Bitcoin, Brazilian, CBDC, Central Bank of Brazil, chinese, Crypto Hacked, Cryptocurrency, digital real, Digital Yuan, Ethereum, Ethereum Compatible, fabio araujo, Finance, Hyperledger Besu, Open Source, tokenized, two tier / / / , , , , , , , , , , , ,

According to the Central Bank of Brazil, the digital real pilot project will use an Ethereum-compatible, permissioned blockchain for the issuance of the tokenized version of the country’s currency. Hyperledger Besu, the open-source platform elected for the tests, will allow the project to run without any licensing costs and to deal with maintenance costs later,

Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain Read More »

bitcoin-miners-brace-for-another-projected-difficulty-increase-as-hashrate-heats-up-amid-market-uncertainty

Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty

Leave a Comment / Bitcoin, Block reward, Blockchain, computational power, cost, Crypto Hacked, Cryptocurrency, cryptocurrency market, Decentralized, difficulty, Digital Currency, Economics, Ethereum, Fees, Finance, Global Hashrate, Hashrate, investment, market, Miners, Mining, Mining Pools, network, operations, participants, Profitability, Regulation, Speculation, Spot Price, Technology, trading, uncertainty / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate has been around 308 EH/s over the past 2,016 blocks. The next difficulty change, set to occur on March 10, is estimated to

Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty Read More »

avalanche-sees-surge-in-btc-bridged-to-its-network-with-over-$44-million-in-bitcoin-ported-on-thursday

Avalanche Sees Surge in BTC Bridged to Its Network With Over $44 Million in Bitcoin Ported on Thursday

Leave a Comment / Avalanche, AVAX, BENQI, BEP20, Bitcoin, Blockchain, Bridge, bridged Bitcoin, Bridges, BTCB, Crypto, Crypto Hacked, Cryptocurrency, decentralized finance, DeFi, Digital Currency, Dune Analytics, Ethereum, Finance, GMX, investment, lightning network, Liquid, market, network, News, Onchain data, protocol, public channels, RSK, Supply, trading, transfer, Unique addresses, Virtual Currency, WBTC / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to statistics, the number of bitcoin bridged to the Avalanche blockchain saw a significant inflow on March 2, as more than 2,000 bitcoin were bridged on that day. Data further shows that as of Friday, March 3, a total of 8,504 bitcoin worth $190.9 million was bridged over to the Avalanche network. Bitcoin Bridged

Avalanche Sees Surge in BTC Bridged to Its Network With Over $44 Million in Bitcoin Ported on Thursday Read More »

bitcoin’s-price-drop-causes-over-$200-million-in-long-liquidations-across-crypto-derivative-exchanges

Bitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges

Leave a Comment / Analysis, Binance, Bitcoin, Blockchain, Bybit, Coinex, Coinglass, Crypto Hacked, Cryptocurrency, deribit, derivatives, Digital Assets, Ethereum, Exchanges, Finance, Futures, Futures Open Interest, Futures Volumes, Huobi, investment, Investors, Liquidations, Long Positions, market, News, Okx, Open Interest, options, perpetual futures, perpetual swaps, Price, REKT, Short Positions, Statistics, Traders, trading, Trading Volume, Value, volatility, Wipe Outs / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Feb. 24, 2023, bitcoin’s price remained above the $23,000 threshold and then rose to a peak of $23,829 per unit on March 1. On March 2 at 8 p.m. Eastern Time, the price of bitcoin fell, dropping below the $23,000 mark. This decline resulted in a significant $237.97 million worth of long liquidations on

Bitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges Read More »