Cryptocurrency Analysis and News Portal
Regardless of the final outcome, every bear cycle in crypto has experienced such conundrums, and came out stronger, Xu said. “Having been in this industry for as long as I have, this news doesn’t surprise me to the point where we have become numb to the effects. It is to
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Crypto might have a banking problem, but banks don’t have a crypto problem. Source
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With the collapse of SVB, many commentators have been echoing the phrase that no firm is “too big to fail.” Uncertainty has continued to grip active players in the United States stock market with futures tied to major indices shedding off significant gains on Monday. The futures tied to the Dow
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The US government appears to be solely focused on strengthening public confidence in its banking system. The United States government has swung into immediate action with the BTFP fund following a series of bank collapses that has caused widespread fears of a potential banking crisis. To this end, the US Federal
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"Not your keys, not your coins' is a lesson that, apparently, has to be learned again and again as history finds ways to repeat," Mike Fay, Author of Blockchain Reaction, said in the latest article at Seeking Alpha, discussing investor takeaway from the collapse of SVB and Silvergate Capital and
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The wider cryptocurrency community continues to debate the ongoing fallout following the closure of three major American banks, with calls for neobank services for the industry on the cards.Silicon Valley Bank (SVB), which has traditionally served startups across a number of innovation sector industries, was shuttered by California’s Department of
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"During periods of heightened activity, conversions rely on USD transfers from the banks that clear during normal banking hours," Coinbase said in its tweet announcing the conversion pause. "When banks open on Monday, we plan to re-commence conversions." Original Source
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The exchange’s current banking partner is only accessible to users based in the European Economic Area (EEA). Source
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The crypto market experiences a significant slump following the announcement of Silvergate Bank’s earnings report for the fourth quarter of 2022. Cryptocurrency investors were in for a rude awakening as the market experienced a steep decline in recent weeks. Investor and trader, The Elite Crypto, expressed in a tweet they believe
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Cryptocurrency markets experienced a relatively calm month in February as the total market capitalization gained 4% in the period. However, the fear of regulatory pressure appears to be having an impact on volatility in March.Bulls will undoubtedly miss the technical pattern that has been guiding the total crypto market capitalization
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