Congressman Warns People That the Digital Dollar May Increase “Financial Control”
Tom Emmer, the majority whip for the Republican Party in the House of Representatives, cautioned against the deployment of a...
Day: March 10, 2023
Love Hate Inu Meme Coin Raises $280k – Next Dogecoin, Shiba Inu or Floki?
After raising more than $280,000 in just two days during its token presale, Love Hate Inu is becoming to be...
USDC depegs as Circle confirms $3.3B stuck with Silicon Valley Bank
At the time of writing, USDC lost 3% of its value as it traded at $0.969, and a Circle executive...
Breaking: Circle discloses $3.3B tied up at Silicon Valley Bank
Circle joined other customers and depositors in calling for the continuity of SVB in the US economy. On March 10,...
US senators write to banking regulators about potential crypto discrimination
The four Republican senators sense hints of the Obama administration’s Operation Choke Point that used regulation against disfavored industries. Four...
Bitcoin battles $20K as trader calls bank chaos ‘2008 all over again’
BTC price targets extend to $18,000 with Bitcoin bulls increasingly failing to preserve $20,000 as support amid further SVB Financial...
Filing shows BlockFi has uninsured $227M in Silicon Valley Bank MMMF
BlockFi’s capital allocated to the money market mutual fund is not FDIC insured, however the fund doesn’t appear to be...
Circle’s exposure to US banks could top $9B
Circle’s reserves are held in a number of banks in the United States, including Silvergate, Silicon Valley Bank and Bank...
Ethereum Shanghai upgrade could benefit liquid staking providers and cement ETH’s layer-1 dominance
Ethereum’s Shanghai upgrade is set to unlock a trove of staked Ether and possibly benefit other staking protocols that offer...
Crypto Biz: Silvergate shutting down, Alameda suing Grayscale
Negative headlines surrounding Silvergate dragged Bitcoin's price below $20,000. Meanwhile, bankrupt Alameda is planning to sue Grayscale and its parent...
CFTC Chair Insists Ether Is a Commodity, Not a Security as Claimed by SEC Chairman
The chairman of the Commodity Futures Trading Commission (CFTC) has insisted that ether is a commodity, not a security as...
Kazakhstan Shuts Down Crypto Exchange That Transferred $34 Million Through Binance
Authorities in Kazakhstan have busted an illegal crypto trading platform, seizing over $350,000. The exchange allegedly processed almost $34 million...
Binance Bans Russians From P2P Transactions With Dollars and Euros
Cryptocurrency exchange Binance has introduced new restrictions for Russian users, in accordance with the latest European sanctions. The platform is...
Bitcoin Price Outlook for March
There are only ten days into March, and volatility in the crypto markets has heightened, with both bitcoin and ethereum...
$920B is the number to watch now that crypto’s trillion dollar total market cap is gone
The crypto market is taking a walloping, and there are three important reasons why BTC’s $380 billion valuation is a...
