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Cryptocurrency News

Location American Cryptocurrency News for 18 March 2023
Indian Central Bank Chief: US Banking Crisis Clearly Shows Risks Crypto Poses to the Financial System The governor of India's central bank, the Reserve Bank of India (RBI), says the "ongoing U.S. banking crisis" clearly demonstrates the risks cryptocurrency poses to the financial system. The central bank chief added that...
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Dubai Free Trade Zone Partners With South Korean Companies to Expand Web3 and Metaverse Business The Dubai Multi Commodities Centre, one of the biggest free trade zones in the world, signed agreements with governments and companies in South Korea to bring more Web3 and metaverse businesses to the emirate. The object...
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Africa-Focused Fintech Chipper Cash Weighs Possible Sale of Business One of Africa’s fintech giants, Chipper Cash, is said to be weighing the possibility of selling the business or bringing in new investors. According to the CEO of the FTX and Silicon Valley Bank-backed fintech startup,...
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UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the governm...
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Bitcoin Price Prediction as BTC Hits Highest Level in 9 Months - How High Can BTC Go? As Bitcoin hits its highest level in nine months, many are wondering just how high the cryptocurrency can go. With a market cap of over $1 trillion and a surge in demand, as investors seek a safe haven amid economic unce...
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SBF legal fees, BTC market cap flips Meta and USDC climbs back to $1: Hodler's Digest, March 12-18 Sam Bankman-Fried seeks to use FTX's corporate insurance, Bitcoin outperforming Wall Street banks in 2023 and USDC repegs after turbulent days.
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Analysts Suspect Banking Crisis Triggered 'Resting Bull Market' in Gold, Silver Could Print Much Higher Gains At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 per unit. Seven days later, gold rose 9.65% against the U.S. dollar to the current spot price of $1,988 per ounce. Gold’s rise comes at a t...
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Elon Musk Criticizes Federal Reserve's Data Latency and Calls for Immediate Rate Drop Amidst Banking Chaos Amidst the chaos in the U.S. banking sector, Elon Musk, the CEO of Tesla and owner of Twitter, has been critical of the country’s central bank. Musk insists that the U.S. Federal Reserve is operating with “way too mu...
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Coinbase Crypto Exchange Considers Overseas Trading Platform Amid U.S. Crypto Crackdown - Here's What You Need to Know Coinbase is considering setting up a digital asset exchange outside the United States amid increasing regulatory pressure and a souring banking climate for crypto firms. The largest cryptocurrency exchange in the U.S. ha...
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Biggest Movers: ETC up 12%, as SOL Nears 1-Month High Ethereum classic rose by as much as 12% in today’s session, as cryptocurrency markets rallied to start the weekend. The global market cap is trading over 3% higher at the time of writing, as investors continue to buy c...
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What are the Howey test and its implications for cryptocurrency? The Howey test's impact on cryptocurrency, explained -- legal implications, compliance requirements and more.
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Shiba Inu Price Prediction as SHIB Blasts Up 15% From Recent Bottom - New Bull Market Starting? SHIB, the token powering the second-largest meme coin, Shiba Inu flew 15% to trade at $0.00001120 at the time of writing. Shiba Inu price retested critical descending trendline support earlier in March--and rebounded, im...
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Bitcoin, Ethereum Technical Analysis: ETH Moves Above $1,800 as BTC Nears $28,000 Ethereum rose above $1,800 for the first time since August, as markets continued to react to the Fed’s decision to inject $300 billion into the economy. This comes following the recent banking crisis, which saw the lik...
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Bitcoin Price and Ethereum Prediction: BTC and ETH Surge Over 25% in Seven Days, How High Can They Go? Bitcoin (BTC) and Ethereum (ETH) have seen significant price surges in the last seven days, with Bitcoin soaring by more than 35% and Ethereum by more than 25%. This boost in the crypto market has sparked the interest of...
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Bitcoin market cap grows 60% in 2023 as top Wall Street banks lose $100B Bitcoin has decoupled from stocks and continues to rise 10 years after the Cyprus banking crisis coincided with a BTC price boom.
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Russian Parliament Votes on Bill Opening Door for Digital Ruble Russian lawmakers have approved a draft law facilitating the implementation of the digital version of the national currency, the ruble. The legislation amends various other acts to introduce definitions and establish pro...
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Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for "gray" miners. The draft legislation seeks to punish those who fail to r...
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Polygon Partners With Salesforce for NFT-Based Loyalty Program Salesforce partnership with the blockchain platform marks another major company's investment into customer engagement initiatives using Web3 technologies.
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Undeterred by Fears of a Banking Crisis, ECB Raises Interest Rates by 50bps The European Central Bank (ECB) has convened to raise three of its key interest rates by 50bps (0.5%), fueled by the persistence in the inflation numbers reported by the bloc. Christine Lagarde, president of the institut...
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