Silvergate And Signature’s demise could torpedo a key driver of crypto growth
The Signature Bank headquarters at 565 Fifth Avenue in New York, the United States, on Sunday, March 12, 2023. Signature Bank was closed by New York...
Category: crypto
CBDCs should protect privacy, not be a surveillance tool: Former CFTC head
The US should lead the development of central bank digital currencies (CBDCs) away from being “surveillance coins” and towards being “freedom coins”, says the former head...
Is Crypto a Scapegoat for Fed Policy?
York, USA, Monday March 13, 2023. The sudden closure of New York’s Signature Bank by state regulators on Sunday underscored the urgency of extraordinary US efforts...
Crypto funds hit record outflows last week, wiping out all inflows
Cryptocurrency investment products last week suffered their biggest outflows ever as investors pulled money out of bitcoin and Ethereum funds, CoinShares reported on Tuesday. Bitcoin posted...
Cryptocurrency prices rise due to support for depositors from Silicon Valley Bank
Cryptocurrency prices have risen as investors breathed a sigh of relief that US regulators moved to strengthen the US banking system following the collapse of Silicon...
Bitcoin’s BTC Price Store With Value Narrative Is On Full Display; Crypto prices remain green
Twenty-four hours ago, crypto was in deep trouble. The industry’s fiat pipelines were disconnected one by one. Circle’s USDC had been turned off due to its...
How is crypto taxed? Here’s what you need to know
Cryptocurrency is classified as property by the IRS. This means that crypto income and capital gains are taxable and crypto losses may be deductible. Last year,...
Whiplash Hits Crypto Markets Due to Recent Turmoil
The most dramatic week in tech and banking ended with crypto markets rallying on Monday. The wider industry is suffering from a serious case of whiplash....
Guide to Using Hardware Wallets to Store Crypto – Forbes Advisor Australia
Hardware wallets generate and store your private keys in a secure, offline environment. Private keys are the passwords that allow you to access your cryptocurrency and...
π΄ Banks Shock Crypto | This Week in Crypto β March 13, 2023
ο»ΏThe crypto market goes wild after a banking collapse, causing the USDC to decline against the dollar and raising concerns about the future of the entire...