First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B
According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB)…
Bitcoin News
Experts Predict More Bank Failures in the US Following Interest Rate Hike and Unsettled Banking Crisis
After the recent bank collapses in the U.S., a number of people believe that more…
‘The Only Way to Truly Scale Blockchains Is to Parallelize Processing’ Says Piers Ridyard
Despite being touted as the possible panacea, decentralized finance (defi) still faces obstacles which greatly…
Binance Sued by CFTC for Alleged Violations of Trading and Derivatives Rules
The world’s largest crypto exchange by trade volume, Binance Holdings Ltd., has been sued by…
Biggest Movers: XRP Nears 5-Month High to Start the Week, Despite Crypto Market Consolidation
Xrp moved back towards a five-month high on Monday, as prices surged for a third…
Microstrategy Buys 6,455 More Bitcoin — Now Holds 138,955 BTC
Microstrategy has purchased 6,455 bitcoins for approximately $150 million at an average price of $23,238…
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Near $28,000, as First Citizen Agrees to Acquire Silicon Valley Bank
Bitcoin started the week trading around the $28,000 mark, as markets reacted to the news…
Analyst Predicts Gold Prices Might Exceed $8,000 in the Next Decade as Central Banks Lose Confidence in Foreign Currency
Jan Nieuwenhuijs, a gold market analyst, has predicted that gold might exceed prices of $8,000…
Number of Irretrievably Lost BTC Now 6 Million — Cane Island Manager
The number of irretrievably lost bitcoins has now reached 6 million, which leaves 13.3 million…
A Look at the Fed’s Recent Custodia Bank Denial and the Central Bank’s Push Back Against Narrow Banking
Over the past century, the number of American banks has significantly decreased, dropping from 30,000…
US Seizes 18 Crypto ATMs Purchased Using Fraudulent SBA Loans — Arrests Owner
U.S. law enforcement has seized 18 cryptocurrency ATMs that were purchased using fraudulent loans from…
US Lawmaker Introduces Bill to Affirm Blockchain Developers and Non-Custodial Services Are Not Money Transmitters
A U.S. lawmaker has introduced the Blockchain Regulatory Certainty Act to ensure that developers and…
Arrested Bitzlato Exchange Founder Seeks Help From Crypto Community
The founder of crypto exchange Bitzlato, who is facing a money laundering case in the…
Greenpeace Unveils ‘Skull of Satoshi’ to Spark Debate Over Bitcoin’s Environmental Impact; Creator Clarifies It ‘Wasn’t Meant to Be Anti-Bitcoin’
Greenpeace, the well known environmental NGO, has unveiled the “Skull of Satoshi,” an art installation…
Report: Terra Co-Founder Do Kwon Plans to Appeal Detention Extension After Arrest in Montenegro
According to the Montenegro-based newspaper Vijesti, Do Kwon, the co-founder of Terraform Labs, also known…