Silicon Valley Bank shut down by California regulator
The FDIC stated that as the receiver, it had immediately transferred all insured deposits of Silicon Valley Bank to the newly created Deposit Insurance National Bank of Santa Clara (DINB).
Biggest Movers: DOGE Down 10%, Falling to Lowest Point Since October
Dogecoin fell to its lowest level since October, as cryptocurrency prices plunged during Friday’s session. Overall, the global crypto market cap dropped by nearly 9% today, which seems to have been triggered by yesterday’s liquidation…
Polygon (MATIC) Down By 7% Amidst Massive Whale Activity
MATIC, the utility token of the Polygon network and one of the biggest altcoins, has been on a steady decline in the last few weeks along with most of the crypto market due to the ongoing financial troubles of the popular crypto-friendly bank…
Bitcoin Long-Term Holders Still Holding Strong Despite Price Decline
On-chain data shows that Bitcoin long-term holders have continued to hold strong recently despite the price of the asset taking a blow. Bitcoin Long-Term Holders Continue To Not Show Any Significant Movements As pointed out by an analyst in a…
Discover the five basic principles of finance to improve your financial literacy, including, time value of money, risk management, compounding and more.
Silicon Valley Bank Faces Financial Woes as Stock Is Halted, Sells $21 Billion Bond Portfolio at a $1.8 Billion Loss
On March 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% in the last 24 hours. SVB was forced to sell a $21 billion bond portfolio at a $1.8 billion loss. CEO Greg…
“Buy Bitcoin,” Says Messari CEO Amid Market Downtrend
With the Bitcoin market never having a standard state given its volatility, several sentiments can be seen being expressed even at odd times such as the ongoing massive sell-off. Just as some are panic-selling, some are keen on standing their…
Bitcoin, Ethereum Technical Analysis: BTC Under $20,000 as ETH Sinks Below $1,400 on Friday
Bitcoin fell below the $20,000 level for the first time since January, as markets continued to react to the liquidation of Silvergate Bank. This comes ahead of a pivotal U.S. nonfarm payrolls report, which could decide how aggressive the Federal…
Why Did Bitcoin Plunge? Here’s What On-Chain Data Says
Bitcoin has slipped under the $20,000 level today for the first time in two months. Here’s why this plunge may have taken place, according to on-chain data. Bitcoin Price Dropped With Coinbase Premium Turning Negative As pointed out by an…
Lyn Alden On Finding Bitcoin, Skepticism And Inclusion: ‘Money Is For Everyone’
Investment strategist Lyn Alden discusses her own Bitcoin journey, encountering skeptics and the industry’s male skew.A recent survey conducted by OnMessage Inc. in the State of Texas found that men are 30% more likely to own bitcoin than women…
Report: Thai Govt to Grant Tax Waivers to Issuers of Digital Asset Investment Tokens
Thailand’s government has said companies that issue digital tokens will receive a waiver that exempts them from paying corporate and value-added tax. According to a report, the Thai government anticipates losing just over $1 billion in tax…
Buy Signal? Bitcoin Investor Sentiment Falls To Lowest Level In Two Months
Bitcoin and the broader crypto market took a hit over the last day, leading to bitcoin falling below $20,000 for the first time in two months. This decline was followed by a tremendous plunge in investor sentiment. The sharp decline saw sentiment…
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Digitalnote loves the auto staking for better returns in our mobile wallet. #XDN rolling along for a better future. Checkout out our ecosystem over at Digitalnote.org $XDN #BTC#ETH#PassiveIncome @rocketbotpro pic.twitter.com/MpW4ZzKdGB
The pre-trial stage of the project to introduce a digital Iranian rial has been completed successfully, the country’s central bank announced. The authorities in Tehran plan to expand the use of the state-backed currency and integrate it into Iran’s…
Meta working on text-based decentralized social network codenamed P92
Meta is reportedly building a decentralized, text-based social network that supports ActivityPub — the decentralized social networking protocol powering Twitter-rival Mastodon.
US Trustee appeals NY Judge’s approval of Voyager deal with Binance.US
The United States Department of Justice filed an appeal against an approval made by N.Y. just days before to allow a billion-dollar sale of assets from Voyager Digital to Binance.US.
Founders of Multimillion-Dollar Global Crypto Ponzi Scheme ‘Airbit Club’ Plead Guilty
The founders and promoters of multimillion-dollar cryptocurrency Ponzi scheme Airbit Club have pleaded guilty to various criminal charges. Airbit Club victims were promised “guaranteed daily returns on any membership purchased,” the…
Join the Plena Smart Wallet Referral Program and Win Big with $1,000,000 in PLENA Tokens
PRESS RELEASE. Plena Smart Wallet, which is one of the first self-custodial wallets to support Account Abstraction is thrilled to unveil its hotly anticipated referral program that offers rewards worth up to $1,000,000 in $Plena tokens. The program…
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