Biden pledges ‘no cost to the taxpayer’ to shield SVB, Signature depositors
The overnight collapse of two major traditional banks — Silicon Valley Bank (SVB) and Signature Bank — triggered a series of events that impacted millions...
Bitcoin price nears $25K as analysts place bets on CPI impact
Bitcoin (BTC) eyed key resistance near $25,000 on March 14 as markets awaited key economic data from the United States.BTC/USD 1-day candle chart (Bitstamp). Source:...
CFTC adds execs from Circle, Ava Labs and Fireblocks to tech advisory group
The Commodity Futures Trading Commission (CFTC) has signaled receptiveness to the crypto and blockchain sector after including several executives from the space as part of...
Meta to end support for NFTs on Facebook and Instagram
Key takeaways Meta is ending support for NFTs on Instagram and Facebook. The company introduced the NFT feature roughly a year ago. Meta said it...
CBDCs should protect privacy, not be a surveillance tool: Former CFTC chair
The United States should lead the development of central bank digital currencies (CBDCs) away from being “surveillance coins” and toward being “freedom coins,” says the...
US Fed faces internal probe over Silicon Valley Bank failure
The Federal Reserve is investigating the factors that led to the failure of Silicon Valley Bank — including how it supervised and regulated the now-collapsed...
This financial advisor is keeping bullish on crypto technology
Bitcoin rallied today even after the Signature Bank news late last week. Financial advisor Douglas Boneparth is keeping bullish on blockchain. Crypto analyst Altcoin Sherpa...
FBI, NY authorities probes collapse of TerraUSD stablecoin: Report
The United States Justice Department is reportedly investigating the collapse of the TerraClassicUSD (USTC) stablecoin which contributed to a $40 billion wipe out in the...
Bitcoin futures premium falls to lowest level in a year, triggering traders’ alerts
The price of Bitcoin (BTC) increased by 14.4% between March 12-13 after it was confirmed that financial regulators had rescued depositors in the failing Silicon...
Silvergate and SVB bite the dust: Law Decoded, March 6–13.
Last week, another major quake shook crypto markets. Silvergate Bank — a crypto-fiat gateway network for financial institutions and a significant on-ramp for cryptocurrencies in...