Cryptocurrency Market

  • Market Cap: $2,405,003,212,360.21
  • 24h Vol: $54,332,229,412.15
  • BTC Dominance: 56.55%

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ftx-boss-ryan-salame’s-maryland-home-searched-by-fbi-in-unexplained-raid

FTX Boss Ryan Salame’s Maryland Home Searched by FBI in Unexplained Raid

According to unnamed sources, the home of Ryan Salame, the former co-chief executive of FTX Digital Markets, was searched by the U.S. Federal Bureau of Investigation (FBI) on Thursday. The grounds for the raid remain unknown, and neither Salame nor his legal representative have offered any statement concerning the situation. FBI Conducts Mysterious Search on […]

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do-kwon’s-terraform-sent-$7-million-to-law-firm-before-collapse,-report-unveils

Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils

Prosecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent millions of U.S. dollars to lawyers just before the crash of its cryptocurrencies. According to Korean media, the transfers suggest that co-founder Do Kwon was aware of the imminent collapse. Terraform Labs Transferred Large Amounts of Money to South Korean

Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils Read More »

market-analyst-heralds-the-collapse-of-‘everything,’-calls-for-hedging-in-gold-and-silver-before-there-isn’t-any-left

Market Analyst Heralds the Collapse of ‘Everything,’ Calls for Hedging in Gold and Silver Before There Isn’t Any Left

Egon von Greyerz, market analyst and founder of Matterhorn Asset Management, is predicting the collapse of the central bank system in the next few years due to an increasing issuance of currency and debt. Von Greyerz states that in the face of an economy with no buyers, the only hedge will be tangible assets, including

Market Analyst Heralds the Collapse of ‘Everything,’ Calls for Hedging in Gold and Silver Before There Isn’t Any Left Read More »

do-kwon’s-extradition-likely-to-take-time,-montenegrin-prosecutor-says

Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says

A prosecutor investigating Terraform Labs CEO Do Kwon for alleged passport forgery in Montenegro has indicated that he will not be extradited soon. The law enforcement official told South Korean media that Montenegrin authorities intend to indict Kwon within a month, ruling out the possibility of him being handed over to other countries within the

Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says 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 »

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 »

several-major-central-banks-take-coordinated-action-to-boost-liquidity-amidst-banking-crisis

Several Major Central Banks Take Coordinated Action to Boost Liquidity Amidst Banking Crisis

On Sunday evening, March 19, 2023, at 5:00 p.m. Eastern Time, the U.S. Federal Reserve, along with several central banks including the Bank of England, Bank of Canada, Bank of Japan, the European Central Bank, and the Swiss National Bank, announced a coordinated action to enhance the provision of liquidity via the standing U.S. dollar

Several Major Central Banks Take Coordinated Action to Boost Liquidity Amidst Banking Crisis Read More »

chair-of-eu-parliament’s-committee-on-budgets-calls-for-crypto-ban-amid-banking-turmoil

Chair of EU Parliament’s Committee on Budgets Calls for Crypto Ban Amid Banking Turmoil

A European lawmaker has urged authorities to impose a ban on cryptocurrencies citing the current crisis in the banking sector as a reason. Johan Van Overtveldt, former finance minister of Belgium, believes these assets bring no economic or social value. Belgium’s Ex-Finance Minister Suggests Ban on Decentralized Digital Currencies Member of the European Parliament, Johan

Chair of EU Parliament’s Committee on Budgets Calls for Crypto Ban Amid Banking Turmoil Read More »

republican-congressman-tom-emmer-queries-fdic-on-alleged-efforts-to-purge-crypto-activity-from-us

Republican Congressman Tom Emmer Queries FDIC on Alleged Efforts to Purge Crypto Activity from US

On Wednesday, Tom Emmer, the U.S. Republican congressman from Minnesota, revealed he sent a letter to Martin Gruenberg, the chairman of the Federal Deposit Insurance Corporation (FDIC), regarding reports that the FDIC is “weaponizing recent instability” in the U.S. banking industry to “purge legal crypto activity” from the United States. Specifically, Emmer asked Gruenberg if

Republican Congressman Tom Emmer Queries FDIC on Alleged Efforts to Purge Crypto Activity from US Read More »

british-bank-natwest-implements-new-limits-on-cryptocurrency-payments-to-combat-uk-crypto-scams

British Bank Natwest Implements New Limits on Cryptocurrency Payments to Combat UK Crypto Scams

On March 14, 2023, the U.K.-based bank Natwest Group announced new limits on cryptocurrency payments, citing crypto scams that cost U.K. consumers £329 million annually. The limit imposed on crypto exchanges is £1,000 daily ($1,215), with a 30-day limit of £5,000 ($6,077). Natwest’s Cautious Approach Towards Crypto Assets Prompts Another Transfer Limit Amid the banking

British Bank Natwest Implements New Limits on Cryptocurrency Payments to Combat UK Crypto Scams Read More »