5 / 15 Relevant items tagged with #cryptocurrencynews
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Is Moody’s Ratings Downgrade The Reason Why Silicon Valley Bank Fell?
[Mar 12, 2023 5:33 AM] The collapse of Silicon Valley Bank and news that Circle, the issuer of USDC, was exposed to the tech lender has caused reverberations across the stock and crypto markets. However, could Moody’s rating downgrade of SVB have accelerated the…
Coinbase Stands Firm: Staking Services Will Continue Despite SEC Scrutiny
[Mar 11, 2023 8:00 PM] Even with the Securities and Exchange Commission’s position on staking, Coinbase, the popular crypto exchange, has assured its customers of continuing the service on its platform. In its email, the exchange promised that the staked amounts…
Will The United States Federal Reserve Bail Out Silicon Valley Bank?
[Mar 11, 2023 7:22 PM] The collapse of Silicon Valley Bank has sent shockwaves through the financial world, with many wondering whether the United States Federal Reserve will step in and bail out the startups and venture capital lender. SVB Collapse Raises Doubts The…
Binance And Coinbase Temporarily Suspend USDC Conversion After Silicon Valley Bank Collapse
[Mar 11, 2023 7:20 AM] The two biggest cryptocurrency exchanges, Binance and Coinbase, have revealed that they would temporarily suspend USDC conversions on their platforms. This comes in the aftermath of the collapse of US lender Silicon Valley Bank and concerns about…
Long Queues Seen At Silicon Valley Bank-Owned Boston Private – A Bank Run?
[Mar 11, 2023 7:16 AM] Long queues have been observed at Boston Private, a banking service provider, that was recently acquired by Silicon Valley Bank (SVB). Bank Run At Boston Private Bank? According to Lawrence Lepard, an investment manager, Boston Private might be…
PancakeSwap TVL Drops 12%, Did This Exchange Received A Lethal Blow?
[Mar 10, 2023 3:31 PM] PancakeSwap (CAKE), the leading multichain decentralized exchange (DEX) running on the Binance Smart Chain (BSC), has suffered a significant 12% drop in its total value locked (TVL) to $2.4 billion. The crypto crackdown by regulators targeting…
Cardano Sheds 23% In Value As ADA Woes Pile Up – Here’s Why
[Mar 9, 2023 10:05 PM] Cardano has found itself on rough terrain anew in the past few weeks, and barely able to hit its target, thus giving proponents and investors in the crypto some headaches. As a result of recent profit taking by intermediate-term investors, its…
Why This Crypto Bill Advancing In Illinois is Worrying For DeFi, NFTs, Gaming, and Blockchain
[Mar 9, 2023 4:15 AM] A bill, HB3479, sponsored by Representative Mark L. Walker, has advanced in Illinois and should be a concern for what the proposal lays out for crypto, blockchain, and decentralized finance (DeFi). The Bill In Illinois On March 8, the bill was…
Crypto Based Derivatives Trading Soars In CME – A Sign Of Sentiment Revival?
[Mar 9, 2023 2:03 AM] The year 2022 has been an extremely hard period for investors and traders who wanted to join the crypto bandwagon. Last year saw high profile crypto companies collapsing completely, sending waves across the market and wiping off billions of dollars…
Stacks (STX) Down 36%, Leads Losers In Top 100 Crypto Roster After Weeks Of Rally
[Mar 8, 2023 11:24 PM] Stacks (STX) is now painted in red following weeks of impressive performance, outranking other cryptocurrencies in the top 100 list of crypto market trackers CoinMarketCap and Coingecko. At the time of writing, STX was trading at $0.6589, down…
Ethereum: Several Metrics On The Down-Low As Shanghai Upgrade Nears
[Mar 8, 2023 1:40 AM] Ethereum, the Layer 1 blockchain for most of the DeFi protocols available in the market, has seen drops both in metrics and in price since the start of the month. According to CoinMarketCap, the price of Ethereum went down by 6% in the weekly…
Cardano, XRP Sentiment Plummets, Time To Be Greedy While Others Are Fearful?
[Mar 7, 2023 10:53 AM] Data shows the sentiment of XRP and Cardano investors has plummeted recently, but if history is anything to go by, this may be the time to become greedy. XRP, Cardano, Bitcoin, And Ethereum All Show Negative Sentiments As per data from the on-chain…
Bitcoin Backpedals To $22,000 Region Amid Worries About Silvergate
[Mar 7, 2023 8:29 AM] Key on-chain measures provided resistance throughout the first week of March, thus dampening the excitement of Bitcoin traders. Over the course of the previous week leading up to the beginning of February, Bitcoin (BTC) had been trading at roughly…
These 5 Cryptos Are Set To Break The Bears’ Backs This Week
[Mar 7, 2023 4:09 AM] The bears are in full swing as of writing, as major cryptos bleed. According to CoinMarketCap, the crypto market shed 0.3% in the past 24 hours in total valuation. Popular cryptos like Bitcoin and Ethereum suffered corrections, pulling the entire…
Crypto Fear & Greed Index Drops To One-Month Low, Here’s What It Means
[Mar 6, 2023 12:30 PM] Crypto investor sentiment is already on the downside following the market crash, erasing the progress that has been made over the last month. The Fear & Greed Index is now on a reversal, falling back to its lowest point in over one month…
Stacks (STX) Posts Positive Moves While Top Cryptos Nosedive
[Mar 6, 2023 11:30 AM] Nowadays, achieving the slightest percentage gain amid the crypto market-wide reproach seems like a noble fit. The fear in the market has caused a rise in volatility with strained investor sentiment, making it nearly impossible for digital coins to…
Investors Shifted Funding From CeFi To DeFi Following Major Crashes
[Mar 6, 2023 10:30 AM] In the wake of significant collapses in centralized finance (CeFi) platforms, the crypto industry is witnessing a significant shift in funding from CeFi to decentralized finance (DeFi) platforms, according to a recent report by CoinGecko. The…
Shiba Inu Is The Crypto Of Choice By Top 100 Ethereum Whales – Here’s Why
[Mar 6, 2023 4:54 AM] Shiba Inu has surged in popularity in recent months, drawing the attention of investors and cryptocurrency enthusiasts alike. As the cryptocurrency market continues to evolve, SHIB’s rise has caught the attention of those looking for the next big…
SingularityNET (AGIX) Scores 16% In A Week – Will It Test $1?
[Mar 5, 2023 7:50 AM] SingularityNET (AGIX) token has continued to confound expectations with its extended bullish run in recent weeks. Despite the bearish trend that has engulfed the crypto market, AGIX has been largely immune to this, with its price up 16% in the past…
Litecoin (LTC) Miner Enthusiasm Fades Out Despite Recent Upgrade
Maker (MKR) Survives Onslaught With 21% Gain As Other Top 100 Cryptos Suffocate
[Mar 3, 2023 3:10 AM] In the midst of an onslaught in the crypto market today, only one crypto made the biggest gain: Maker (MKR). At the time of writing, MKR was trading at $896, notching an impressive 21% increase in the weekly scale, and outperforming the rest of its…
Bears Lose Grip On Filecoin (FIL) As Market Sentiment Flips Positive
AI-Powered SingularityNET (AGIX) Beats Rivals In Top 100 Coin Listing With 32% Gain
[Mar 2, 2023 12:51 AM] By establishing new higher highs, the SingularityNET (AGIX) token price is in an upswing, indicating that long-term investors are optimistic about the future of artificial intelligence and expect SingularityNET to beat its rivals in the AI…
DCG Lost Over $1 Billion In 2022 Due To Crypto Market Crash: Report
[Mar 1, 2023 6:30 AM] The crypto winter of 2022 affected many firms, digital assets, and investors. The fall of crypto asset prices led to massive losses for many participants. Fast-forward to 2023, some firms still struggle to survive the aftermath of last year’s…
Stacks (STX) Survives Market Massacre Of Top 100 Cryptos With 40% Rally
[Feb 28, 2023 6:59 AM] STX, the native token of the Stacks network, is the only cryptocurrency that has resisted the assault that has devastated the broader crypto market on February 28. The majority of currencies have been covered in red. At the time of writing, STX was…
Stacks (STX) Shines With 50% Weekly Gains While Market Drops
[Feb 27, 2023 10:15 AM] Stacks is a Bitcoin-adjacent blockchain, and STX is the native token powering it. The network was launched on Bitcoin in 2017 to enable developers to build and launch smart contracts secured by the host blockchain. As the NFTs on the network keeps…
How Bitcoin Has Revolutionized the Crypto Market
[Feb 27, 2023 7:12 AM] The crypto market is among the fastest in growth today. Here are ways in which Bitcoin has revolutionized the crypto market. Bitcoin has proven to be one of the fast and consistently growing cryptocurrencies. For the duration Bitcoin has existed…
NanoLabs Is Suing Coinbase, Here’s What You Should Know
Bone ShibaSwap (BONE) Spikes 20% In A Week – Here’s Why
[Feb 26, 2023 7:44 AM] Shiba Inu ecosystem token BONE has experienced a price surge of 20% making it one of the best-performing altcoins in the past week. This starkly contrasts the crypto market, which experienced a significant consolidation during this period. BONE…