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Cryptocurrency News

Location American Cryptocurrency News for 19 March 2023
Mike Novogratz Warns of Credit Crunch in US and Globally -- Expects Fed to Cut Rates 'Sooner Than We Think' Galaxy Digital CEO Mike Novogratz has warned of a credit crunch in the U.S. and globally. Emphasizing that “we are heading into a recession,” he expects the Federal Reserve to cut interest rates “sooner than we thi...
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Economist Peter Schiff Expects Worse Financial Crisis Than 2008 -- Says 'Future Rate Hikes Are Now Pointless' Economist Peter Schiff has warned that the current financial crisis will be worse than in 2008. “Future rate hikes are now pointless,” he stressed, adding that any effect will be more than offset by the Fed’s quant...
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Burry on Banking Crisis, Kiyosaki Warns of 'Fake Money' Injections; Talk of 'Anti-Crypto' Agenda Behind Signature Bank Collapse -- Week in Review Speculation and debate continue to rage surrounding the current global banking debacle. Hedge fund manager Michael Burry -- known for predicting 2008’s economic crisis -- is drawing comparisons to the Panic of 1907, wh...
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Software Researcher Finds Secret Crypto Wallet in Microsoft Edge Browser - What's Going On? Microsoft has been quietly testing a built-in non-custodial cryptocurrency wallet for its Edge browser. According to screenshots shared by software researcher Albacore, Microsoft is experimenting with a built-in non-cust...
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Dutch Financial Regulator Vows Strict Treatment of Crypto Business Under MiCA The financial regulatory body of the Netherlands intends to maintain tough attitude towards the Dutch digital assets sector despite looser European rules. The head of the agency overseeing the industry doesn't think cryp...
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Balaji Srinivasan Says Hyperinflation Happening Now -- Makes Million-Dollar Bets on Bitcoin Price Exceeding $1M in 90 Days Venture capitalist and angel investor Balaji Srinivasan says hyperinflation is happening now. Expecting the price of bitcoin to soon hit $1 million, he is making million-dollar bets that it will happen in 90 days. Sriniv...
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Blackrock CEO Warns More Bank Seizures and Shutdowns Could Result From Regulatory Changes The CEO of Blackrock, the world's largest asset manager, has warned about additional bank seizures and shutdowns that could result from regulatory changes in response to the failures of several major banks in the U.S. �...
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'Self-Custody Should Mean the Ownership of Everything About You' Says Sharering's Tim Bos According to Sharering, a blockchain-based platform enabling the creation and use of “self-sovereign” verifiable credentials, millions of potential world wide web users are still disconnected from the internet becaus...
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Bitcoin hits $28k as uncertainty surrounds banks

Coin Telegraph - 19 Mar 2023 22:47
Bitcoin hits $28k as uncertainty surrounds banks Bitcoin's price surged to surpass the $28,000 zone, marking a 16% boost in value in the past 7-days
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Google Trends Data Reveals Searches for 'Banking Crisis,' 'Bank Runs,' Skyrocket Interest in the U.S. banking crisis has risen greatly over the past two weeks, as shown by Google Trends data. There has been a sharp increase in queries related to search terms such as “banking crisis,” “bank coll...
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These 5 cryptocurrencies may continue to surprise to the upside Bitcoin, ETH, BNB, STX, and IMX remain strong on the charts, increasing the likelihood of more gains in the near term.
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Bitcoin Price Prediction as BTC Breaks Through $27,000 Barrier - Here are Price Levels to Watch Bitcoin, the world's largest cryptocurrency by market capitalization, has been making headlines recently as it broke through the $27,000 barrier for the first time. This surge in price has reignited speculation about whe...
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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...
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Bitcoin levels to watch as BTC price eyes highest weekly close in 9 months BTC price action continues to hold higher, with analysis also flagging the 200-week moving average potentially flipping to support.
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Several Crypto Mining Operations Busted in Russia

Bitcoin.com - 19 Mar 2023 10:30
Several Crypto Mining Operations Busted in Russia Authorities and power utilities in various Russian regions have shut down illegal crypto mining farms, seizing hardware and taking operators to court. The action against the coin minting facilities comes amid discussions...
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Peter Schiff blames 'too much gov't regulation' for worsening financial crisis Finding the right balance between regulations and banking institutions is important for Schiff, considering that Puerto Rico regulators closed down Schiff's bank due to non-compliance.
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Chair of EU Parliament's Committee on Budgets Calls for Crypto Ban Amid Banking Turmoil A European lawmaker has urged authorities to impose a ban on cryptocurrencies citing the current crisis in the banking sector as a reason. Johan Van Overtveldt, former finance minister of Belgium, believes these assets b...
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Major Cryptocurrency ATM Manufacturer General Bytes Hacked, Over $1.5M in Bitcoin Stolen General Bytes experienced a security incident on March 17 and 18 that enabled a hacker to remotely access the master service interface and send funds from hot wallets, according to the company and sources. The breach for...
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