Ethereum
The Banking Crisis Is Not Crypto’s Fault
Crypto might have a banking problem, but banks don’t have a crypto problem. Source link
Year: 2023
Bitcoin
Crypto Fund Outflows Hit Record Weekly Level
“While the outflows are the largest on record, they aren’t when expressed as a percentage of total assets under management, that record was on May 2019,” the report said. A full $52 million of outflows […]
Market Analysis
Bitcoin adds $4,000 candle in 24 hours as bulls break $24K
Bitcoin breaks above $24,000 as positive sentiment pushes BTC higher. Analysts say BTC remains in “danger zone” unless bulls break and hold $25k. IntoTheBlock analysts suggest the next major target could be $30,000. Bitcoin broke […]
Regulation
Three Arrows Capital Co-Founder Kyle Davies: No Pending Lawsuits or Regulatory Action
Kyle Davies, co-founder of defunct hedge fund Three Arrows Capital, has claimed he has no pending lawsuits or regulatory action following the collapse of the fund last year. Source link
Ethereum
Silicon Valley Bank's Parent Looking at Strategic Alternatives
The SVB Financial Group appointed a restructuring committee for its venture capital and investment banking arm. Source link
Bitcoin
MakerDAO Weighs Using Emergency Switch to Prevent Future DAI Depegging
Under the proposal, the community would adopt an emergency switch that would pause peg-stability-module (PSM) swaps on its protocol, freezing the token purchases required to mint new DAI tokens, Sam MacPherson, a protocol engineer at […]
Market Analysis
Coinbase Resumes USDC to Dollar Conversion
Coinbase has resumed USDC to USD conversion as the banks reopen after the weekend break. And the stablecoin has regained its $1 peg. As crypto recovers back to normal after a weekend full of volatility, […]
Regulation
Bank Collapses Underscore G-20 Hesitance on Crypto: Source
The recent collapses of crypto banks have only underscored the hesitancy of the Group of 20 (G-20) on crypto assets, a highly placed G-20 source said. Source link
Ethereum
Bitcoin Surges 18% as $300M in Derivatives Positions Liquidated
The largest cryptocurrency by market cap was recently trading near $24,200. Source link
Bitcoin
Coinbase Officially Suspends Binance USD Stablecoin Trading
Cryptocurrency exchange Coinbase (COIN) has delisted the Binance USD (BUSD) stablecoin, according to a tweet on Monday. Source link