Category: Latest news

[ad_1] Ad Binance confirmed to CryptoSlate that it suspended the British Pounds deposit and withdrawals for new users on March 13. In a March 14 emailed statement, a Binance spokesperson said its fiat partner for the British Pounds deposit and withdrawals, Paysafe, would no longer offer the exchanges its services from May 22. Due to…

[ad_1] Quick Take CPI slows as expected YOY Core CPI was forecasted to come in at 5.5%. The result was 5.5% CPI year over year was forecasted to come in at 6.0%. The result was 6.0%. Core inflation accelerates month-over-month from +0.4% in January to +0.5% in February. Bitcoin has smashed through $25,500 BTC Price…

[ad_1] Ad Despite Bitcoin (BTC) price surging +10.34 in the last 24 hours, Jim Cramer claimed that BTC is being “manipulated up.” On the heels of bailouts of SVB and Signature — two major lenders in the U.S. — Cramer says that there is no foreseeable use case for Bitcoin. In response to a question…

[ad_1] Quick Take Bitcoin was heavily shorted from the 10th to the 13th of March on the news of contagion around the regional banks. Yesterday, Bitcoin broke $24,000 as the perpetual funding rate showed investors were going long and open interest increased. However, ahead of the CPI print today at 1:30 GMT, Bitcoin is being…

[ad_1] Quick Take Over $500 million of Bitcoin got put back onto exchanges as Bitcoin broke through $24,000. This was the highest amount of sell pressure since May 22, during the Luna collapse. This selling pressure came from Binance, a whale transaction most likely selling into profits. This is roughly the equivalent of 20,000 Bitcoin.…

[ad_1] Ad Binance CEO Changpeng ‘CZ’ Zhao has denied interest in purchasing the crypto media outlet, CoinDesk. In a March 14 tweet, Zhao denied Blockwork’s report that his exchange was trying to acquire the media firm through its CoinMarketCap subsidiary. According to Zhao, Binance is “not buying” CoinDesk because it does not fit its “geographic…

[ad_1] Ad Several blockchains contain vulnerabilities under the collective term “Rab13s,” according to a report from blockchain security firm Halborn on March 13. DOGE, ZEC, LTC resolve security issue Halborn said that it was contracted to inspect Dogecoin’s code in March 2022 and reported that the project has patched any vulnerabilities it found. Zcash similarly…

[ad_1] Ad Stephane Kasriel, Head of Commerce and Financial Technologies at Meta, said on March 13 that his company plans to discontinue its non-fungible token (NFT) features. Meta will pursue fintech instead of NFTs Kastiel stated in a Twitter thread: “We’re winding down digital collectibles (NFTs) for now to focus on other ways to support…

[ad_1] Ad Cathie Wood, the founder and CEO of ARK Invest, said that more regional banks could fail if the ongoing banking crisis in the U.S. isn’t resolved. Wood looked back at the factors that led to Silicon Valley Bank and Silvergate to close down during the weekend, noting that it was the Federal Reserve’s…

[ad_1] Ad The Federal Reserve Board announced that it will lead a review of its own supervision of Silicon Valley Bank (SVB), according to a statement on March 13. Fed will look into its own regulation Vice Chair for Supervision Michael S. Barr said that SVB’s failure necessitates “humility and … a careful and thorough…