Startups can hedge bank risk with Bitcoin Tim Draper

The fall of Silicon Valley Bank prompted Venture Capitalist Tim Draper to tell the firms hed invested in to buy Bitcoin.

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SFC Issues Warnings Against Tokencan, VBIT Exchange, and HKD.com for Fraud and Unlicensed Activities

The SFC has issued warnings about Tokencan, VBIT Exchange, and HKD.com Corporation for suspected virtual asset-related fraud and unlicensed activities. (Read More)

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Binance Coin (BNB) Price Analysis: Breakout Above $555 Lead to a Short-Term Rally

BNB experienced notable downward pressure recently, falling to a key support range between $520 and $525. However, this zone once again proved to be a crucial level for buyers. Binance Coin (BNB) has since recovered, trading at $544.27, marking a 6.35% decline in the daily chart, despite a notable 158.42% increase in trading volume, which […]

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Bitcoins funding rate flattens, but should BTC bulls rejoice and buy the dips?

Bitcoin bulls tend to celebrate when BTCs funding rate is negative, but is it really a generational buying opportunity?

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BNB Chain Enhances MVB Program with Rolling Applications

BNB Chain announces a new rolling application process for its Most Valuable Builder (MVB) Program, enhancing accessibility for global Web3 projects. (Read More)

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BNB Chain's MVB Season 9: Key Takeaways from Exclusive Web3 Event

BNB Chain's MVB Season 9 event in Hong Kong gathered leading Web3 figures to discuss blockchain innovation and featured insights from industry leaders like CZ and Vitalik Buterin. (Read More)

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BitcoinSV (BSV) Soars 11% Daily, Bitcoin (BTC) Bounces Off $29K: Market Watch

Optimism's native token is also on the rise yet again today, with another 7% increase.

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Bitcoin And Ethereum Correlation At A Staggering 97%, BTC Rally Incoming?

As Q1 2023 comes to a close, the Bitcoin and Ethereum correlation stands at a staggering 97%, trackers indicate. The Bitcoin And Ethereum Price Correlation Bitcoin and Ethereum are the world’s most valuable coins by market cap. Because of their first mover advantage, Bitcoin, the first blockchain network; and Ethereum, a legacy smart contracting platform; their [...]

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‘Panic of 2023’: James Corbett Explains How Bank Crisis Could Lead to CBDC ‘Nightmare of Total Monetary Control’

Investigative journalist James Corbett has recently referred to the ongoing global banking crisis involving SVB, Signature Bank, Credit Suisse and others as the “Panic of 2023,” drawing comparisons to what he views as historical precedents, and pointing ahead to an inevitable and bleak, technocratic surveillance future leveraging central bank digital currencies (CBDCs) should nothing be [...]

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Circle prefers reserves and payment rails with the Fed, says exec

Circle has been subject to discussion in the crypto industry since the depegging of its stablecoin (USDC) due to the collapse of Silicon Valley Bank (SVB) on March 10. Now that the company cleared its backlogs and USDC regained its 1:1 peg with the United States dollar, it is looking towards the future of both [...]

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Fed, NYDFS assess their supervisory performance after March’s big bank failures

Internal reviews of the supervision of Silicon Valley Bank and Signature Bank have been released, showing weaknesses on the part of the banks’ regulators as well as management.

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Bitcoin price holds its ground in the wake of CFTC case against Binance

BTC options and derivatives markets seem unfazed by the CFTC’s recent action against Binance, but is that a good or a bad sign?

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NFT markets are out of balance, with sellers dominating: Data

In April there hasn’t been a single day where total sellers on the market haven’t exceeded total buyers.

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"Tim Draper's Bitcoin Diversification Advice"

Venture capitalist Tim Draper advises business founders to diversify their cash holdings by keeping at least two payrolls worth of cash in Bitcoin or alternative cryptocurrencies, along with other recommendations, in response to the uncertainty created by the collapse of Silicon Valley Bank. (Read More)

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US Treasury seeks to tighten nonbank rules following banking crisis

Janet Yellen called for further regulation of nonbank institutions claiming they pose a systemic risk to U.S. financial stability.

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Federal Reserve Admits Blindsided Oversight of SVB Collapse

The Federal Reserve Chairman has admitted to being blindsided by the sudden collapse of Silicon Valley Bank (SVB) despite being under their supervision. The collapse of SVB has prompted an internal investigation led by the Vice Chairman to look into the failure of the bank and the Fed’s regulation of it. The bank’s collapse has been linked to the Federal Reserve’s successive interest rate hikes and erosion of its long-term bonds. This has led to depositors requesting withdrawals en masse, causing a bank run, and the Federal Deposit Insurance Commission taking possession of SVB. (Read More)

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Traditional banks rely on ‘tiny buffer’: Paris Blockchain Week 2023

Signature Bank is the best place for crypto banking, even if it goes bankrupt, Woorton co-founder Zahreddine Touag believes.

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Tim Draper sings a Bitcoin song dedicated to SVB and world governments: PBW 2023

American venture capital investor and entrepreneur Tim Draper took the master stage at Paris Blockchain Week 2023 to give his keynote speech on, “The Decentralization of Everything” which he ended with a self-composed Bitcoin song.  The speech opened by touching on the general distrust of cryptocurrencies – primarily Bitcoin (BTC) – from centralized governments. “I [...]

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Yellen defends government intervention to avoid another SVB

The U.S. Treasury Secretary Janet Yellen said the federal government would intervene if necessary to protect other small lenders.

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Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders

The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The proposed class action accuses SVB of hiding the fact that interest rate hikes would leave the bank in jeopardy. Additionally, anonymous sources say the U.S. Department of Justice (DOJ) and [...]

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