Crypto

The sudden collapse of Silicon Valley Bank (SVB) has quickly unfolded over the last week, depegging stablecoins, leading regulators in...

Bitcoin price falls to a multi-month low, but data points to a possible short-term bounce

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March started off on a low due to a resurrection of inflationary fears. On March 7, hawkish comments from United...

Banks down? That is why Bitcoin was created, crypto community says

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The Silicon Valley Bank (SVB) collapse on March 10 has sparked fear, uncertainty and doubt (FUD) across the crypto community,...

‘Bad batch’ or flawed design? Compass Mining flags problems with new ASIC miners

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Bitcoin mining company Compass Mining claims to have found “three issues” in the ASIC design of the two new Antminer...

Aavegotchi bonding curve closes on exact day of DAI depeg

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According to play-to-earn nonfungible token (NFT) protocol Aavegotchi, on March 11, the entity closed the bonding curve defining the exchange...

USDC slowly repegs on unconfirmed reports of SVB resolution

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According to a post on March 11 by Bob Elliot, the chief investment officer of Unlimited Funds, relief efforts may...

USDC depegs as Circle confirms $3.3B stuck with Silicon Valley Bank

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Almost immediately after USD Coin (USDC) issuer Circle revealed it could not withdraw $3.3 billion of its $40 billion reserves...

Russian crypto advocates urge Putin to stop regulatory hostility

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As Russia continues to delay adopting cryptocurrency regulations, local advocates have appealed to Russian President Vladimir Putin to change the...

Coinbase reiterates that staking services will continue, despite SEC crackdown

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Despite the recent crackdown by the United States Securities and Exchange Commission (SEC) on staking services offered by centralized providers,...

Circle’s USDC instability causes domino effect on DAI, USDD stablecoins

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The stablecoin ecosystem felt an immediate effect as USD Coin (USDC) depegged from the U.S. dollar due to a subsequent...

Brace for BTC price volatility? Bitcoin ‘coin days destroyed’ metric jumps to 2-month highs

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On March 8, addresses linked to the United States government moved 49,000 Bitcoin seized from the Silk Road, worth $1 billion. The transfer...

Silicon Valley Bank shut down by California regulator

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Silicon Valley Bank, a major financial institution for venture-backed companies, was shut down by California’s financial watchdog on March 10...

SEC denies VanEck spot BTC trust product, commissioners see double standard

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On March 10, the United States Securities and Exchange Commission ruled against a change that would allow investment manager VanEck...

Bitcoin thought leaders weigh the pros and cons of Ordinals

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Ordinals are here to stay. Ordinals, or the ability to permanently ink the Bitcoin (BTC) blockchain with data, typically in...

Filing shows BlockFi has uninsured $227M in Silicon Valley Bank fund

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According to a new bankruptcy filing, defunct crypto lender BlockFi has $227 million worth of uninsured funds allocated to a...

It’s not the end of crypto: EU asset manager gives 5 reasons why

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The ongoing cryptocurrency winter and massive collapses in the industry do not mean that digital assets like Bitcoin (BTC) are...

Breaking: Circle discloses $3.3B tied up at Silicon Valley Bank

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On March 10, Blockchain payment tech company and USD Coin (USDC) issuers Circle confirmed that wires initiated on Thursday to...

Bitcoin clings to $22K as US dollar strength rises to December levels — What’s next?

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