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…
Bitcoin News
FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders
According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s…
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…
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…
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…
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…
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…
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…
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,…
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…
‘Next Round of Bailouts Is Here’ — Bitcoin and Precious Metals Soar Amid Speculation of Fed Policy Change
At around 7:30 a.m. ET, the price of bitcoin skyrocketed past the $27,000 range to…
Stablecoin Supply Plummets After Depegging Event: $7.4B Dollar-Pegged Tokens Withdrawn From Circulation
During the past 11 days, over 7 billion USDC stablecoins have been withdrawn from circulation,…
SVB Financial Group Files for Chapter 11 Bankruptcy Protection to ‘Preserve’ Firm’s Value
On March 17, 2023, SVB Financial Group, the parent company of Silicon Valley Bank, filed…
Biggest Movers: LINK Climbs Above $7.00, as DOGE Rebounds From Recent Decline
Dogecoin rebounded from a recent decline on Friday, as cryptocurrency markets shook off yesterday’s bear…
US Bank Outflows and Concerns Mount: 11 Banks Bail Out First Republic Bank From Collapse
After the fall of Silvergate Bank, Silicon Valley Bank (SVB), and Signature Bank (SNBY), First…
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