Silicon Valley Bank down, USDC depegged, FTX billed $34M in Jan

Top Stories This Week Silicon Valley Bank shut down by California regulator, holding over $5 billion for prominent crypto VCs Silicon Valley Bank (SVB) was shut down by California’s financial watchdog on... Read more »

Banks down? That is why Bitcoin was created, crypto community says

The Silicon Valley Bank (SVB) collapse on March 10 has sparked fear, uncertainty and doubt (FUD) across the crypto community, leading many to return to crypto roots — reviving the Bitcoin white... Read more »

Bitcoin price spikes to ‘$26K’ in USDC terms — How high can the BTC short squeeze go?

Bitcoin (BTC) refused to let $20,000 support die for good on March 11 as the weekend opened to a battle for lost ground. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin shakes... Read more »

$920B is the number to watch now that crypto’s trillion dollar total market cap is gone

Big round numbers always pique the interest of investors and the $1 trillion total crypto market capitalization is no exception. It’s a level that held for 48 days before collapsing on March... Read more »

Bitcoin battles $20K as trader calls bank chaos ‘2008 all over again’

Bitcoin (BTC) struggled to reclaim $20,000 support at the March 10 Wall Street open as fears mounted over Silicon Valley Bank (SVB) contagion. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader targets... Read more »

CBDCs could be ‘easily weaponized’ to spy on US citizens: Congressman

United States Representative Tom Emmer believes the launch of programmable central bank digital currency in the country could strip American citizens of their financial privacy. Speaking on March 9 at the Cato... Read more »

Bitcoin price falls to a multi-month low, but data points to a possible short-term bounce

March started off on a low due to a resurrection of inflationary fears. On March 7, hawkish comments from U.S. Federal Reserve chairman Jerome Powell amplified the market’s expectation of a 50-basis... Read more »

5 countries leading the blockchain adoption

Countries lead blockchain adoption for various reasons, including recognizing its potential to transform multiple sectors of the economy, promoting innovation and economic growth, and creating a favorable regulatory environment to attract blockchain... Read more »

AirBit Club execs face decades in prison after pleading guilty to $100M fraud

Six people involved in a cryptocurrency “Ponzi scheme” that raked in about $100 million over five years have pled guilty to a series of fraud and money laundering charges, each carrying a... Read more »

Bitcoin bulls’ desire for a trend reversal could be obliterated by this week’s $565M options expiry

Bitcoin’s price (BTC) fell below a four-day narrow trading range near $22,400 on March 7 following comments by U.S. Federal Reserve Chair Jerome Powell as he sat before a Senate banking committee.... Read more »