Category: Latest news
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Coinbase CEO discusses new staking service and reactions to regulatory hurdles
[ad_1] Ad Brian Armstrong, the CEO of Coinbase, told a recent episode of the Bankless podcast that cryptocurrency is the key to updating the current financial system. Armstrong said in the podcast that traditional system is outdated and slow, with laws and codes that are decades old. “The financial system needs to be updated. It’s…
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Fifth week of losses in crypto investment products sees $255M withdrawals
[ad_1] Ad Digital asset-based investment products saw $255 million in outflows during the week of Mar. 6 – 12, marking the fifth consecutive week of losses, according to CoinShares’ weekly report. The amount also marks the most significant single weekly outflow on record, which currently accounts for 1% of the whole market, as CoinShares’ data…
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Signature Bank closure highlights benefits of holding Bitcoin, says Marathon Digital
[ad_1] Ad Bitcoin (BTC) miner Marathon Digital said its funds held at Signature Bank are safe and available for use despite the closure of the bank. In a March 13 statement, the BTC said $142 million in cash deposits at the bank and has access to the funds for treasury purposes. Besides that, Marathon said…
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Helium on last leg in Lebanon despite high adoption as profit, utility remain elusive
[ad_1] Ad Lebanese are starting to disconnect and give up on Helium boxes as the cost of keeping them online has become increasingly unsustainable and unprofitable, Wired reported. Lebanon has become a hotbed of crypto adoption and use as the country contends with a collapsed economy and banking system. Stablecoins are more common than fiat…
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Bitcoin hash rate booms as BTC breaks through $24k
[ad_1] The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $24,081.17 and BTC market dominance is %. The price of Ethereum is $1,669.86 and ETH market dominance is %. The best performing cryptoasset sector is PoW, which gained 2,027%. [ad_2] Source link
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Market rally pumps bankrupt crypto firm holdings
[ad_1] Ad The recent crypto market rally has pumped the crypto holdings of several bankrupt crypto firms in the last 24 hours, according to the Arkham Intelligence dashboard. During the last 24 hours, flagship digital assets like Bitcoin (BTC) and Ethereum (ETH) rose by more than 7%, respectively. The global crypto market cap also rallied…
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BitMEX halts all activities for a short time temporarily
[ad_1] Ad Crypto exchange BitMEX published an announcement on its website and said it halted all activities except for canceling options. However, BitMEX was able to solve the issue within 20 minutes and unlocked all trading on Mar. 13, 14:26 UTC. BitMEX’s first announcement was published on Mar. 13 at 14:12 UTC and stated: We…
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S&P 500 goes negative YTD; almost entire regional bank stocks halted due to volatility
[ad_1] Quick Take Bitcoin extends its gain up 35% YTD, while S&P has gone into negative territory -0.19%. Both Nasdaq and TLT are up over 7% YTD. Chaos in bank stocks as some are halted for volatility. Western Aliance sank a record 76% and halted for volatility. KBW index falls 4% to its lowest since…
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Crypto market cap regains $1T as Feds measures spark green run
[ad_1] Ad Since the last wMarket update, the cryptocurrency market cap saw net inflows of over $50 billion in the previous 24 hours and currently stands at $1.01 trillion — up 6.14%. Over the reporting period, Bitcoin and Ethereum’s market cap increased by 7.24% and 7.22% to $427.5 billion and $193.7 billion, respectively. The top…
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Majority of stablecoins re-store peg as USDT dominance hits 58%
[ad_1] The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $22,104.70 and BTC market dominance is %. The price of Ethereum is $1,582.07 and ETH market dominance is %. The best performing cryptoasset sector is PoW, which gained 1,869%. [ad_2] Source link