Rattled crypto industry could emerge stronger after USDC depeg
USD Coin (USDC), the world’s second-largest stablecoin, may simply have been in the wrong place at the wrong time. The place...
Bitcoin News
US Lawmaker Urges Government to Guarantee All Deposits to Avoid Runs on Smaller Banks – Finance Bitcoin News
A U.S. congressman has urged the federal government to temporarily insure every bank deposit in the country. Following the collapses...
Congresssman Emmer Says US is Moving Towards CBDC
US lawmaker Tom Emmer said the recent moves of the Federal Reserves suggest that the government will introduce a central...
El Salvador Launches Bitcoin, Lightning Dev Training Office
El Salvador’s government has launched another initiative repping its support for Bitcoin adoption and development of the broader network.This time,...
Bitcoin market cap grows 60% in 2023 as top Wall Street banks lose $100B
The market capitalization of Bitcoin (BTC) has added $194 billion in 2023. Its 66% year-to-date (YTD) growth vastly outperforms top...
Dubai Free Trade Zone Partners With South Korean Companies to Expand Web3 and Metaverse Business – Metaverse Bitcoin News
The Dubai Multi Commodities Centre, one of the biggest free trade zones in the world, signed agreements with governments and...
Bitcoin Worth $50 Million Seized From Crypto Launderer
Authorities supported by Europol have taken down a major crypto launderer and seized 1,909 Bitcoin worth almost $50 million. Europol...
‘Bond King’ Jeffrey Gundlach Says Incoming Rate Hike Will Be The Last
Jeffrey Gundlach – an American businessman and Founder of DoubleLine Capital – thinks the US Federal Reserve will raise interest...
FTX fiasco set back the approval of Bitcoin spot ETFs: Valkyrie investment chief
In episode 11 of Hashing It Out, Cointelegraph’s Elisha Owusu Akyaw speaks to Steven McClurg, the chief investment officer of...
Strategist Warns Credit Suisse Next to Collapse — Says ‘There’s a Run on the Bank’ – Economics Bitcoin News
Market strategist Greg Foss has predicted that Credit Suisse will be the next major bank to collapse, citing capital trouble...
Bitcoin Pumps to $26,000 After Expected CPI Figures
Bitcoin bursts over $26,000 after the Consumer Price Index (CPI) comes at an expected rate of 6.0% Year-over-Year (YoY.) The...
3 Reasons Bitcoin Exploded to a 9-Month High This Week
Bitcoin soared to a high of $26,514 on Tuesday, up 30% since crashing below $20,000 on Friday. What caused the...
Learn to spot the signs of wash trading – Cointelegraph Magazine
Wash trading on nonfungible token (NFT) marketplaces is back in the spotlight after critics claimed the fast-growing NFT marketplace Blur...
Goldman Sachs Now Expects No Rate Hike in March Due to Stress in US Banking System – Economics Bitcoin News
Goldman Sachs has revised its U.S. interest rate forecast due to “stress in the banking system.” The global investment bank...
This Bitcoin Cycle Signal Suggests Bear Market Is Nearing an End
A powerful new on-chain analysis tool called the Bitcoin Cycle Extremes indicator has been released. It’s designed to help find...
BTC, USDC Soar After Government Promises to Rescue All Silicon Valley Bank Depositors
The U.S. government’s biggest financial regulators released a joint statement on Sunday promising to save every last depositor at Silicon...
Banks down? That is why Bitcoin was created, crypto community says
The Silicon Valley Bank (SVB) collapse on March 10 has sparked fear, uncertainty and doubt (FUD) across the crypto community,...
Circle Issues Update Amid Stablecoin Volatility; Firm Is Prepared to ‘Stand Behind USDC and Cover Any Shortfall’ – Bitcoin News
On Saturday, March 11, 2023, Circle Financial updated the public about its stablecoin, USDC, and noted that the stablecoin’s liquidity...
South Dakota Governor Vetoes Bill Supporting CBDC Over Crypto
South Dakota governor Kristi Noem has vetoed House Bill 1193. The bill changes the definition of money to exclude cryptocurrencies...
Bitcoin Sinks Back to $21,000 Triggering $159 Million in Liquidations
Bitcoin is sinking back to lows not seen since January amid ongoing sell pressure spurred by Silvergate woes and hawkish...
ARK buys its biggest batch of COIN in 2023
Amid Coinbase, which trades as COIN, tumbling about 8% on Thursday, Cathie Wood’s investment manager ARK Invest bought the biggest...
Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain – Finance Bitcoin News
According to the Central Bank of Brazil, the digital real pilot project will use an Ethereum-compatible, permissioned blockchain for the...