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Silicon Valley Bank shut down by California regulator
10.3.2023
The FDIC stated that as 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
10.3.2023
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 of Silvergate bank. Litecoin has been another...
Signature Bank Stock Down 12% in Volatile Action as Bank Selloff Continues
10.3.2023
SBNY shares sank as low as $64.60 at 14:45 UTC on Friday, a drop of around 28% from its opening price of just over $90
New York Attorney General Files Lawsuit Against Kucoin and Declares Ethereum a Security
9.3.2023
On March 9, 2023, New York attorney general Letitia James announced that her office had once again cracked down on crypto platforms by filing a lawsuit against the Seychelles-based crypto exchange Kucoin. Members of the Office of the Attorney General (OAG) were able to purchase crypto assets...
Biggest Movers: MATIC, SOL Fall to Lowest Point Since January
9.3.2023
Polygon fell to its lowest point since January earlier in today’s session, as overall sentiment in crypto markets remained bearish. Overall, the global market cap is now down 1.46% as of writing. Solana also slipped on Thursday, as the token neared a two-month low. Polygon (MATIC) Thursday...
Final Fantasy XIV Fans Are Melting Down Over This 'Insulting' Chair
9.3.2023
Final Fantasy XIV just dropped a new patch this week, which added new sidequests and a massive dungeon to the popular MMO. It also added quality of life features, one of which has made fans extremely upset. You’ll never guess what it is: A chair. Many FFXIV players are rioting in the Square Enix...
Bitcoin, Ethereum Technical Analysis: BTC Moves to Fresh Multi-Week Low Following Silvergate Liquidation Announcement
9.3.2023
Bitcoin continued to trade lower on March 9, as prices fell to a fresh multi-week low in today’s session. The decline came as crypto bank Silvergate confirmed that it will be winding down operations. Ethereum also edged lower. Bitcoin Bitcoin (BTC) fell for a fourth straight session...
Crypto Options Market Flashes Bitcoin Warning as Silvergate Winds Down Operations
9.3.2023
Bitcoin's options skew favors bearish put options by the most in two months
Silvergate Collapse Dragging Down Bitcoin Volume
9.3.2023
Data from CryptoQuant shows that active addresses and transfer volume have seen significant declines as Silvergate weighs heavy on the market
Biden wants to double capital gains and clamp down on crypto wash sales: Reports
9.3.2023
The Biden administration wants to apply the wash sale rule to digital assets
UK Widens Crackdown on Unauthorized Crypto ATMs
9.3.2023
Britain’s top financial regulator, the Financial Conduct Authority (FCA), has widened its crackdown on unauthorized cryptocurrency ATMs. “There are currently no crypto ATM operators registered with the FCA, which they must be to operate legally,” the regulator noted. FCA Cracks...
Silvergate Bank Announces Voluntary Liquidation as Crypto Industry Woes Persist
8.3.2023
At 4:30 p.m. Eastern Time, Silvergate Bank announced its intention to wind down the crypto-friendly bank’s operations and voluntarily liquidate the company’s assets. The news follows significant financial troubles the bank faced, and the firm’s stock plummeted in value. Details...
Stargate Finance Token Down 8% on Coinbase Delisting
8.3.2023
The token underlying cross-chain bridge protocol Stargate Finance (STG) will be delisted by Coinbase (COIN), STG has slumped by 8.04% in the past 24-hours
Biggest Movers: XRP, MATIC Rebound on Tuesday, Following Recent Lows
7.3.2023
Xrp rose higher in Tuesday’s session, as prices continued to move away from a long-term support point. Overall, sentiment in cryptocurrencies remained largely bearish, with the global market cap down 0.34% as of writing. Polygon was also in the green at the time of writing. XRP XRP, formerly...
Warning sign for ETH price? Ethereum volume profile is down 90% since March 2020
6.3.2023
Ether’s 78% price recovery since July 2022 is at risk of exhaustion due to an unconvincing volume profile
Biggest Movers: ETC Remains Near 2-Month Low, LTC Down by 4% on Monday
6.3.2023
Ethereum classic remained near a two-month low on March 6, as a cloud of uncertainty continued to hover over markets. The global crypto market cap remained bearish to start the week, and is down 0.55% at the time of writing. Litecoin also moved lower on Monday. Ethereum Classic (ETC) Ethereum...
ETHDenver Teases Spin-off Plans as Conference Winds Down
6.3.2023
After a successful week of hacking, networking, and partying, ETHDenver co-founder John Paller revealed he is in talks to organize satellite events in other countries
Silvergate Bank Terminates Crypto Payments Network as Shares Plunge to Record Low
5.3.2023
Silvergate Bank has discontinued its cryptocurrency payments network. The decision to shut down Silvergate Exchange Network followed the withdrawal of banking relationships by several major cryptocurrency firms, including Coinbase, Gemini, Paxos, and Circle. Silvergate Discontinues Crypto Payments...
Nifty News: Dan Harmon’s NFT show set for season 3, NFT-friendly Square Enix CEO steps down and more…
4.3.2023
Square Enix’s NFT-friendly CEO is stepping down, but it may not impact the firm’s NFT plans, while Disney-backed Baobab Studios' first NFT drop sold out ahead of its upcoming RPG game
Bitcoin Price Prediction – Why is BTC Down and Where is the Next Support?
3.3.2023
Bitcoin has experienced a significant decline in its value over the past few days, prompting concerns among investors and traders. The market is currently trying to gauge the reasons behind this decline and determine where the following support for the cryptocurrency may lie.
In this article,...