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Altcoin
Regulators take control of Signature Bank
Ad Signature Bank — a New York-based lender focused on servicing companies in the crypto industry — has shut down. The New York State Department of Financial…
Binance CEO CZ ‘Banks are a risk to fiat-backed stable coins’ in reaction to…
Meanwhile, Binance is not alone in considering a move into traditional finance; with Kraken has also stating its intentions to open a bank, a move into traditional…
Bitcoin rises to over $21k, as shorts get squeezed out and returns to pre SVB price levels
Bitcoin made a high on March 12, to $21,500, as futures markets prepared to open in the next few hours.
Almost $100 million of liquidations occurred in the past 24…
Bitcoin perps most negative since FTX collapse, while Bitcoin continues to be withdrawn…
Quick TakeThe second most amount of Bitcoin withdrawn from exchanges this year at roughly 15,000 BTC.
The perpetual funding rate is extremely negative, indicating…
Shiba Inu (SHIB) Dropped by Whales in the Trillions on Shibarium Release Date
Data reported by U.Today has shown that Shiba Inu (SHIB) was dropped by whales in the trillions on the Shibarium release date. Specifically, metrics have shown…
Something banks cannot do; clear on weekends, as Bitcoin transactions hit record numbers…
DefinitionThe total number of transactions waiting in the mempool in different size (vByte) cohorts.Quick TakeThe number of transactions in the mempool has…
Ripple CTO Promises Update on SVB Exposure
In a recent Twitter exchange, Ripple CTO David Schwartz promised an update on the platform’s SVB exposure. Specifically, Schwartz responded to a question from a…
Why the USDC depeg is not a reason to panic
Ad The following is a guest post by Anndy Lian.The crypto industry is currently experiencing anxiety due to concerns about the potential detachment of USDC, a…
Stablecoins rally as Circle announces it will cover all USDC deposits 1:1
Quick TakeOn Saturday, March 11, Circle CEO Jeremy Allaire announced that Circle pledges to cover any shortfall in the assets backing USDC if it does not receive…
Is the crypto industry in danger? VC Nic Carter says Operation Choke Point 2.0 is well…
Ad According to venture capitalist and longtime crypto supporter Nic Carter, the recent crackdown on the US crypto industry can be dubbed “Operation Choke Point…