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The Rise and Fall of Silvergate’s Crypto Business
3.3.2023
Silvergate Bank lost more than $8 billion in deposits from its crypto customers in the final months of 2022 as its core block of business crumbled under the industry’s implosion – just as the bank’s regulators had predicted might happen for such institutions
Biggest Movers: DOGE, SHIB Fall to Lowest Levels Since January
3.3.2023
Dogecoin dropped to its lowest level since January, as a red wave swept through cryptocurrency markets. The Silvergate bank based sell-off has impacted overall sentiment, with the global crypto market cap down 3.63% as of writing. Shiba inu also dropped, falling to a six-week low. Dogecoin (DOGE)...
Xmon Tokens Fall 80% After End of SudoSwap Lock Drop Program
2.3.2023
Traders initially bid up prices of Xmon to get an airdrop of sudo, the governance tokens of SudoSwap
Bitcoin Volatility Expectations Fall Sharply After BTC Price Failure to Break $25K
28.2.2023
This time last week, Bitcoin looked like it might be on the verge of mustering a key short-term bullish breakout. The world’s largest cryptocurrency by market capitalization had formed a bullish short-term ascending triangle pattern and looked like it was about to break above the key $25,200-400...
Bitcoin and Ethereum Price Predictions: BTC Dips to $23,000 - How Much Further Can BTC and ETH Fall?
25.2.2023
Bitcoin has been unable to break its losing streak and is poised to end the week on a bearish note as investors steer clear of riskier investments due to growing macroeconomic uncertainty exacerbated by higher-than-anticipated inflation figures.
The significant losses come in the wake of...
Bitcoin price continues to fall, but derivatives data hints at a short-term rally to $25K
24.2.2023
This week regulators joined hands to highlight the crypto sector’s inherent risk, but pro traders fought back by adding leverage to their long positions
Lebanon Financial Crisis: Banks Torched After Pound Taps New Low Versus the US Dollar
22.2.2023
The Lebanese pound’s fall to its lowest ever versus the U.S. dollar, 80,000 to 1, has piled more misery on residents whose local currency-denominated savings have been decimated by inflation. The ongoing strike by banks demanding the passage of capital control legislation has compounded...
Biggest Movers: BCH Hits Fresh Multi-Month High, Whilst MATIC Extends Declines
21.2.2023
Bitcoin cash jumped to a fresh seven-month high on Tuesday, as prices rallied, despite bearish sentiment increasing. Today’s move comes as the global cryptocurrency market cap is trading 1.50% lower at the time of writing. One of the most notable tokens to fall has been polygon, which...
Bitcoin Holds Near $25K Despite Fall in Non-Zero Balance Addresses – Here’s Where BTC Could Go Next
20.2.2023
Bitcoin held close to yearly highs just below $25,000 on Monday, with the world’s largest cryptocurrency by market capitalization higher by about 2.0% on the day after rebounding strongly from a brief dip back under $24,000 earlier in the session. Bitcoin’s rebound from the $21,000s last week...
Many stablecoins fall short of coming regulatory recommendations, says FSB chair
20.2.2023
The BIS-affiliated advisory body will release its final recommendations on global crypto asset regulation and supervision in July
Fed Governor Warns Crypto Prices Could Fall to Zero — Says ‘Don’t Expect Taxpayers to Socialize Your Losses’
13.2.2023
U.S. Federal Reserve Governor Christopher Waller has warned that crypto prices could fall to zero at some point. “Please don’t be surprised and don’t expect taxpayers to socialize your losses” when that happens, the Fed governor stressed. Crypto Prices Could Go to Zero,...
US Dollar to Keep Losing Its Appeal as Safe-Haven Currency of Last Resort, Says Strategist
8.2.2023
Pacific Investment Management Company (PIMCO) expects the U.S. dollar to “continue to lose its appeal as the safe-haven currency of last resort.” The $1.74 trillion asset management firm added that the USD “is likely to fall further in 2023 as inflation falls, recession risks...
Star Wars Jedi: Fallen Order Sequel Will Fix One Of Its Biggest Problems
6.2.2023
Did you nearly lose your mind over all of the tedious backtracking in Star Wars Jedi: Fallen Order? Well there’s good news: its sequel, Jedi: Survivor, will include fast travel and mounts to streamline that aspect of the game.Read more
Biggest Movers: SHIB Remains Near Recent Highs as Crypto Markets Fall on Monday
6.2.2023
Shiba inu has been relatively stable to start the week, as prices remained close to recent highs, despite Monday’s market sell-off. Cryptocurrencies were mostly lower in today’s session, as markets continued to react to historically low U.S. unemployment figures. Avalanche was down in today’s...
Genesis Capital’s fall might transform crypto lending — not bury it
28.1.2023
TradFi firms with expertise in risk management may soon “fill the void” left by bankrupt crypto lenders, a Duke finance professor predicts
Venture capital investments into blockchain continue to free-fall: Report
25.1.2023
Q4 2022 saw investment capital inflows of $2.3 billion, continuing the trend since April sparked by the collapse of Terra and subsequent fallout
First Mover Asia: Ether Prices Fall Relative to Bitcoin
24.1.2023
The ETH/BTC currency pair has declined 8% since Jan 11, as the price increase in bitcoin has been more pronounced than ether’s; BTC hovers near $23K in Monday trading
Bitcoin and Other Crypto Prices Pump After US Retail Sales and PPI Inflation Falls More Than Expected
18.1.2023
Bitcoin and wider crypto prices are getting a strong tailwind today after the release of the latest US economic data shows softening inflation and slowing retail sales.
Bitcoin at the time of writing is priced at $21,565, up 0.9% and Ethereum is currently 0.85% higher at $1,602.
The closely...
US Government Seizes Robinhood Shares Linked to FTX Founder Sam Bankman-Fried
6.1.2023
The U.S. Department of Justice (DOJ) is in the process of seizing Robinhood shares, worth about $460 million, that are linked to former FTX CEO Sam Bankman-Fried (SBF). “We believe that these assets are not property of the bankruptcy estate or that they fall within the exceptions …...
MicroStrategy, Marathon Digital Shares Fall Amid Crypto Bank Silvergate's Woes
5.1.2023
Silvergate also cut 40% of its staff and has written off the $196 million related to its Diem acquisition