Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $948 billion. Bitcoin is down by over 8% after a disappointing week. Ethereum decreased by almost 7% over the past seven days. XRP lost more than 4% in value […]
DigiToads presale and its probability to beat 450% growth projection
Cryptocurrency presales are an increasingly popular way for investors to get involved in the crypto space. By buying tokens at a discounted price before they hit the open market, early investors can benefit from potential profits as soon as these assets become available on exchanges. Not only do presales offer financial gains, but they also […]
Crypto Romance Scams Were Prominent This Valentine’s Day
Valentine’s Day this year was wrought with chocolates, roses, and a few dozen romance scams. The Federal Bureau of Investigation (FBI) says several of these scams popped up during or prior to the national holiday, and that the problems surrounding romance scams are getting worse. Romance Scams Were Big This Holiday In 2021 alone, more […]
Can the UK save its startups as SVB fallout spreads around the world
BOE places the UK arm of the troubled Silicon Valley Bank under insolvency. The heads of 130 technology companies in the UK believe lender’s bankruptcy represents an existential threat to the UK tech sector. The UK is racing ahead of the clock to salvage the British arm of the collapsed Silicon Valley Bank after it […]
Baby Doge Coin News Paints a Strong Picture For AI Cryptos Like Avorak In 2023
The post Baby Doge Coin News Paints a Strong Picture For AI Cryptos Like Avorak In 2023 appeared first on Coinpedia Fintech News Cryptocurrencies have taken the financial world by storm, with new coins emerging every day. The crypto market has recently experienced a significant shift; AI cryptocurrencies are becoming increasingly popular. Current Baby Doge […]
Something banks cannot do; clear on weekends, as Bitcoin transactions hit record numbers over weekend
Definition The total number of transactions waiting in the mempool in different size (vByte) cohorts. Quick Take The number of transactions in the mempool has surpassed three-year highs Transaction count surpassed Ordinals hype, and Luna and FTX collapse, showing high transaction demand. This demand is most likely from the fallout of Silvergate and SVB; as […]
Silvergate liquidates, Silicon Valley Bank on receivership, and crypto selloff | weekly recap
Silvergate and Silicon Valley Bank implosions forced the crypto market lower as regulators in the U.S. press on
USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident
On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) platforms such as Uniswap, Curve, and Pancakeswap. Uniswap alone recorded $10.13 billion in trades over the past day, with more than 55% of those swaps involving USDC against wrapped ether, […]
U.S. Treasury Janet Yellen working on SVB collapse, not at bailout: Report
Janet Yellen said in an interview on March 12 that U.S. regulators are working to address Silicon Valley Bank collapse, but not considering a major bailout.
Elon Musk says he is ‘open to the idea’ of Twitter buying SVB to become a digital bank
On Friday, March 10, Elon Musk expressed his openness to buying Silicon Valley Bank following its collapse. Min-Liang Tan, CEO of Razer, suggested on Twitter that Twitter should purchase SVB and transform it into a digital bank. Musk responded briefly, stating, “I’m open to the idea,” without providing additional information. I’m open to the idea […]