A bank rescue plan for Credit Suisse may impose losses on its bondholders and even result in a full or partial nationalization of Credit Suisse Group AG.
Former Coinbase CTO Bets $2M Over Bitcoin Reaching $1M in 3 Months
If Bitcoin’s value doesn’t hit $1 million by June 17, Medlock will get 1 BTC and $1M USDC. Srinivasan claims a crisis is imminent, which would cause the deflation of the U.S. dollar. Balaji Srinivasan, a former CTO at cryptocurrency exchange Coinbase, has placed a $1 million bet on the price of Bitcoin (BTC) rising […]
Wrapped Crypto: How Does wBTC Bring Deeper Liquidity to DeFi?
What are wrapped tokens and how do they work? Continue reading at DailyCoin.
Litecoin Price May Stagnate With Lack Of News, Does Avorak AI Offer Stronger Returns?
The post Litecoin Price May Stagnate With Lack Of News, Does Avorak AI Offer Stronger Returns? appeared first on Coinpedia Fintech News As crypto news of partnerships and integrations dominate the crypto space, Litecoin is dormant, with no updates to keep investors engaged. Like any other cryptocurrency, Litecoin’s price owes its performance to various parameters, […]
Ripple v. SEC: Deaton Predicts Hinman Emails Will Be Made Public
Emails and speech drafts relating to former SEC official William Hinman could be made public, despite the regulator’s request for them to remain sealed, according to crypto lawyer John Deaton
186 Banks Have Similar Vulnerabilities As Silicon Valley Bank
Recently, 186 banks were recognized as being at risk. These banks are dealing with problems akin to those that led to Silicon Valley Bank’s demise. Due to rising interest rates depleting the bank’s assets, SVB fell earlier this week. Customers became scared and withdrew their unsecured deposits as a result. The experts assessed specific U.S. […]
Avalanche sees rapid expansion as subnets attract big gaming platforms
Demand for Avalanche subnets grew rapidly in 2023. Avalanche’s NFT trading volume hits a 1-year high. The Avalanche [AVAX] ecosystem expanded considerably since the start of 2023 and a testimony to this fact was the rise in the network’s development activity. According to a tweet by an analyst, the number of active developers working across […]
Got Bitcoin? Argentina’s Inflation Rate is Now Over 100%
Argentina’s annual inflation rate surpassed 100% in February, marking a 30-year high since the nation’s hyperinflationary period in 1991. Meanwhile, Bitcoin has appreciated against the Argentine Peso by 20% over the past year, despite posting a 34% drop against US dollars over the same period. Government data released on Tuesday showed a Consumer Price Index […]
Bitcoin’s Ordinal Inscriptions Surpass 500,000 Mark as Miners Earn $2.66 Million in Added Fees
According to statistics, there are now more than 500,000 Ordinal inscriptions on the Bitcoin blockchain as the trend continues to gain significant traction. Onchain data also shows that since inscriptions started gaining popularity last month, Bitcoin miners have obtained 98 bitcoins worth $2.66 million in added fees. The Rise of Ordinal Inscriptions on Bitcoin Blockchain […]
Paul Pierce Settles with SEC Over Ethereum Max Promotions
The Securities and Exchange Commission (SEC) has been on a roll over the past few weeks to take down any crypto company or individual it thinks might be going against its agenda, and it’s now added one more victim to its roster. The SEC Targets Paul Pierce This time, the figure targeted by the SEC […]