The post Decentraland Metaverse Fashion Week 2023 Set to Release in March appeared on BitcoinEthereumNews.com. Decentraland, one of the most popular metaverse platforms, announced the Metaverse Fashion Week (MVFW), scheduled to be held between March 28-31, 2023, to experience the latest and upcoming advancements in…
Algorand (ALGO) Price Prediction 2025-2030: More losses for ALGO ahead
The post Algorand (ALGO) Price Prediction 2025-2030: More losses for ALGO ahead appeared on BitcoinEthereumNews.com. Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. ALGO is the native…
How and why do stablecoins depeg?
Discover the causes and mechanisms behind stablecoin depegging. Stablecoins are a type of cryptocurrency designed to have a stable value relative to a specific asset or a basket of assets, typically a fiat currency such as the U.S. dollar, euro or Japanese yen. Stablecoins are designed to offer a “stable” store of value and medium […]
South Korea launches ‘Metaverse Fund’ to expedite domestic initiatives
With the help of the Metaverse Fund, South Korea will support the mergers and acquisitions of various firms from the metaverse ecosystem. While some global economies got distracted by the commotion around price instability and ecosystem collapses in crypto, South Korea doubled down on the metaverse’s potential as a new economic growth engine. South Korea’s Ministry […]
Over 100 VCs, investors voice solidarity with Silicon Valley Bank
Approximately 125 VCs and investors signed a statement supporting Silicon Valley Bank to limit the fallout of the bank’s collapse and the subsequent impact on tech companies. As the 40-year-old banking institution, Silicon Valley Bank (SVB), winds down operations, numerous venture capitalists (VCs) and investors joined hands and decided to cushion the impact in case […]
Bill Ackman warns US gov’t: Fix mistake in ‘48 hours’ or face ‘destruction’
Billionaire Bill Ackman said that SVB’s senior management made a “basic mistake” and should be fired. Billionaire Bill Ackman has urged the United States government to “guarantee” all deposits held by Silicon Valley Bank (SVB) within the next “48 hours,” or it risks the “destruction” of many financial institutions. In a March 11 tweet, Bill […]
Stellar (XLM) Price Prediction 2025-2030: XLM’s downtrend will come to a halt only if…
The post Stellar (XLM) Price Prediction 2025-2030: XLM’s downtrend will come to a halt only if… appeared on BitcoinEthereumNews.com. Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. Stellar Lumens (XLM)…
Extreme Market Turbulence: Critics Call Warren’s Silvergate Take ‘Terribly Misinformed,’ SVB Collapses, Vitalik’s Token Sell-Off Moves Markets, and More — Week in Review
It’s been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its liquidation, U.S. Senator Elizabeth Warren blaming the event on “crypto risk,” and individuals on social media pointing out that Warren is “terribly misinformed.” Additionally, U.S. Regulators closed Silicon Valley Bank after reports of a bank run and other troubles. In […]
Macro Economist Henrik Zeberg Warns Worst Market Crash Since 1929 Incoming
The post Macro Economist Henrik Zeberg Warns Worst Market Crash Since 1929 Incoming appeared on BitcoinEthereumNews.com. Macro guru Henrik Zeberg is issuing a dire warning to investors, saying that a type of market meltdown not witnessed in nearly a century is around the corner. Zeberg shares…
Silicon Valley Bank CEO Sold Stocks Before Collapse
The post Silicon Valley Bank CEO Sold Stocks Before Collapse appeared on BitcoinEthereumNews.com. According to media reports, Silicon Valley Bank (SVB) paid annual bonuses to all eligible employees while its CEO cashed out stock options before its collapse. SVB CEO Greg Becker sold…