Crypto Market March Roundup: Bitcoin Rises Amid Banking Uncertainties, Macro Headwinds
Mask Network’s MASK token surged over 68%, becoming the top-performing token for the month. XRP rose 41%. Source
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Uncertainties
Silvergate Uncertainties May Put TradFi Heavy Hitters’ Stakes in Jeopardy
It's not clear if the stakes in the company are directional bets by the TradFi players and most of the filings were made on Dec. 31, according to FactSet data. There is also no recent data to suggest if the funds remain invested at those levels, given recent volatility in
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Bitcoin Hovers Near $24K as Investors Mull Economic Uncertainties
Bitcoin was trading sideways over the past 24 hours, while ether has risen 2.1%. Source
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Bitcoin Miner SAI.TECH Halts Kazakhstan Expansion, Citing Operation and Cost Uncertainties
Nasdaq-listed Bitcoin miner SAI.TECH has terminated the remainder of its expansion into Kazakhstan in light of uncertainty in the region. Original Source
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Bitcoin Leverage Ratio Sinks As Market De-Risks Amid Uncertainties
On-chain data shows the Bitcoin leverage ratio has gone down recently as market de-risks amid macro uncertainties. Bitcoin Leverage Ratio Sharply Falls Down Over The Past Week According to the latest weekly report from Glassnode, the BTC futures open interest leverage ratio has decreased in the last week as investors de-risk their
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ECB Questions Stablecoin Stability Amidst Regulatory Uncertainties
Stablecoins are not immune to uncertainties. Those are the sentiments shared by the European Central Bank (ECB). According to the regulator, stablecoin stability could be hampered by the uncertainties stemming from the lack of regulations. Uncertainties The fact that regulatory pressures do affect fiat currencies is one of the tailwinds that could take
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