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Cryptocurrency News

Location American Cryptocurrency News for 10 March 2023
Bitcoin slips under $20K amid Biden budget, Silvergate collapse The price of BTC briefly slipped under $20,000 in the early hours of Mar. 10 and is now hovering just above $20,000 at the time of writing.
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Fed Chair Powell Provides Update on US Central Bank Digital Currency Federal Reserve Chairman Jerome Powell has provided an update on the Fed’s central bank digital currency (CBDC) work in a hearing before the House Financial Services Committee. While stating that the Fed is “making p...
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Thailand's $1B crypto sacrifice, Mt Gox final deadline, Tencent NFT app nixed: Asia Express South Korea is throwing another $51 million at the metaverse, Mt. Gox saga is drawing to a close, Canaan BTC miner sales revenue plunges 60%.
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Binance Bans Russians From P2P Transactions With Dollars and Euros Cryptocurrency exchange Binance has introduced new restrictions for Russian users, in accordance with the latest European sanctions. The platform is restricting access to peer-to-peer (P2P) transactions in U.S. dollars a...
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Bitcoin Price Outlook for March

Bitcoin.com - 10 Mar 2023 22:30
Bitcoin Price Outlook for March There are only ten days into March, and volatility in the crypto markets has heightened, with both bitcoin and ethereum falling to two-month lows. A collapse in Silvergate Bank was one of the major catalysts leading to t...
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Swift Reports Positive Results from CBDC Pilot Test, Continues with Next Phase of Testing The international payment system Swift has reported positive results from a pilot test of transfers between different central bank digital currencies (CBDCs), saying they see "clear potential and value" in it. The pilot ...
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Signature Bank Considered a Buy as Last Major Bank Standing in Crypto Market Amid Silvergate and SVB Troubles Amid the demise of Silvergate Bank and the troubles faced by Silicon Valley Bank (SVB), market analysts believe Signature Bank (SBNY) may be a buy as it’s considered the “last game in crypto-town,” according to Wel...
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Price analysis 3/10: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, SHIB The February U.S. jobs report was a mixed bag, which seems to have provoked interest from a few bulls in BTC and altcoins.
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What does the Silvergate collapse mean for crypto?

Coin Telegraph - 10 Mar 2023 21:15
What does the Silvergate collapse mean for crypto? The recent collapse of crypto-friendly bank Silvergate will likely increase regulatory scrutiny on the ties between the crypto industry and the banking sector in the U.S.
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US Regulators Close Silicon Valley Bank in One of the Largest Bank Failures Since Washington Mutual After Silicon Valley Bank (SVB) experienced financial turmoil, the U.S. Federal Deposit Insurance Corporation (FDIC) and the California Department of Financial Protection and Innovation closed the financial institution. ...
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Best Crypto to Buy Today 10 March - LHINU, KAVA, FGHT, ATOM, METRO, KLAY, CCHG Bitcoin has fallen below the $20,000 mark for the first time since early January, following a significant sell-off that began late Thursday and extended into Friday morning. This comes as the broader cryptocurrency marke...
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The Cryptocurrency Betting Revolution on Wintop․io Since December 2022, Wintop.io has been strongly growing into the crypto world. A new vision of the betting industry, combining crypto and the most exciting casino and sport games, is now available on with a wide variet...
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Biden Budget Proposal Targets Crypto Investors Using Like-Kind Exchange Provision; Plan Aims to Tax Crypto Miners 30% On Thursday, the Biden administration released the U.S. president’s 182-page budget proposal for the fiscal year 2024, which aims to “grow the economy from the bottom up and middle out.” The budget includes an $835...
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Biggest Movers: DOGE Down 10%, Falling to Lowest Point Since October Dogecoin fell to its lowest level since October, as cryptocurrency prices plunged during Friday’s session. Overall, the global crypto market cap dropped by nearly 9% today, which seems to have been triggered by yesterd...
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Today in Crypto: Tender.fi Hacker Returns Stolen Funds, Hedera Confirms Exploit and Turns Off Mainnet Proxies, Meta Mulling Decentralized Text-based App Get your daily, bite-sized digest of cryptoasset and blockchain-related news - investigating the stories flying under the radar of today's crypto news.__________...
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OpenSea Sees Explosive Demand for 'Vitalik' NFT Collection Tied to Ethereum Co-Founder - Here's What You Need to Know Since its association with Ethereum co-founder Vitalik Buterin was revealed, the "Gitcoin Presents" NFT collection has surged to the top spot on OpenSea. Created by Metalabel in collaboration with Web3 funding platform G...
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Griffin Anderson, CEO of Phi Labs, on the Cosmos Ecosystem, Incentivizing Developers, and Archway | Ep. 211 In an exclusive interview with cryptonews.com, Griffin Anderson, CEO of Phi Labs & Core Contributor to Archway, talks about the Cosmos Ecosystem, Archway protocol, and the importance of creating an engaged developer comm...
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Bitcoin battles $20K as trader calls bank chaos '2008 all over again' BTC price targets extend to $18,000 with Bitcoin bulls increasingly failing to preserve $20,000 as support amid further SVB Financial fallout.
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New York Attorney General Alleges Ethereum Tokens are Securities in Lawsuit Against KuCoin Crypto Exchange - Crypto Clampdown Incoming? New York Attorney General Letitia James referred to Ethereum's native ETH token and other cryptocurrencies as "securities and commodities" in a statement issued in relation to her lawsuit against crypto exchange KuCoin. ...
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5 basic principles of finance you should know

Coin Telegraph - 10 Mar 2023 16:37
5 basic principles of finance you should know Discover the five basic principles of finance to improve your financial literacy, including, time value of money, risk management, compounding and more.
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Silicon Valley Bank Faces Financial Woes as Stock Is Halted, Sells $21 Billion Bond Portfolio at a $1.8 Billion Loss On March 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% in the last 24 hours. SVB was forced to sell a $21 billion bond portfolio at a $1....
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S Korean Regulator Launches Crypto Trading Platform Probe - Which Exchanges Are Involved? South Korea's top financial regulator, the Financial Services Commission (FSC), has begun a "comprehensive inspection" of the nation's crypto exchanges. Per Decenter, Financial Services Commission (FSC) specifically want...
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