More clinics are offering services to help crypto addiction. But how bad is this emerging problem? For years society has been increasingly concerned about gambling addiction, and rightly so. Gambling addiction is responsible for untold […]
Bitcoin Rises on Report Government Weighing Plan to Protect All Silicon Valley Bank Depositors Source link
“When news broke that Circle’s funds were stuck in Silicon Valley Bank, users rushed to redeem their USDC for USD,” Ignas said. “On Coinbase, users could redeem 1 USDC for $1.00, but Coinbase suspended conversions […]
According to Reuters, U.S. Treasury Secretary Janet Yellen confirmed that the failed Silicon Valley Bank (SVB) would get help from the government but ruled out a bailout for the bank. Reacting to calls for a government […]
Yellen sought to ease concerns that the bank’s collapse could lead to a domino effect. Source link
TRON network founder Justin Sun has offered financial support to anyone building “a reliable bank that can cater to the needs of the crypto industry.” In a March 12 Twitter thread, Justin Sun said the […]
According to media reports, Silicon Valley Bank (SVB) paid annual bonuses to all eligible employees while its CEO cashed out stock options before its collapse. SVB CEO Greg Becker sold $2.27 million worth of the […]
DeFi and Bitcoin have disrupted the financial world, raising questions about the future of traditional retail banks. DeFi offers decentralized financial services outside of traditional banking. While Bitcoin provides a decentralized and borderless currency. Can […]
After depegging yesterday, USD Coin (USDC) rallied back to as high as $0.98 following news that its issuer Circle promised to cover any shortfall in its reserves amid the Silicon Valley Bank (SVB) crisis. According […]
A powerful new on-chain analysis tool has been released – the Bitcoin Cycle Extremes indicator. It is designed to help find extreme conditions in the Bitcoin market. It attempts to answer the ultimate question of […]
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