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Altcoin News

Cardano (ADA) Indicates a Fresh Uptrend as Buyers Buy the Dip

Jeet Adhvaryu Mar 15, 2023 0
After surpassing $0.40 for the first time in 2023, the value of Cardano decreased by 22%.Cardano surpassed $0.40 but has retraced 22% over the last two weeks. Social mood and recent purchasing habits of crypto whales indicate that…
Crypto News

After recent bank collapses, the US banking system outlook was downgraded to “negative”

Jeet Adhvaryu Mar 15, 2023 0
Recent bank failures have shown the necessity for cryptocurrencies based on the Blockchain, such as Bitcoin.The outlook of the entire United States banking system has just been lowered from "stable" to "negative" by Moody's credit…
Crypto News

US Federal Reserve announces $25 billion in aid for banks

Jeet Adhvaryu Mar 14, 2023 0
The Federal Reserve introduced a financing program for banks to prevent more financial liquidity concerns, making $25 billion accessible to qualifying businesses.After multiple bank failures in the United States, the Federal Reserve…
Crypto News

Circle Struggles to Correct USDC After Signature Bank Collapse

Jeet Adhvaryu Mar 14, 2023 0
Circle Internet Finance is frantically searching for additional banking partners for its USDC stablecoin.The issue with Circle Internet Financial's $3,3 billion cash reserves seemed to be resolved on Sunday when federal authorities…
Bitcoin News

Bitcoin Soars to $22,000 As the Biden Administration Struggles to Prevent Financial System Contagion

Jeet Adhvaryu Mar 14, 2023 0
The price of Bitcoin (BTC) is increasing as the Biden Administration hurries to avoid the failure of Silicon Valley Bank from igniting a mass flight of U.S. regional banks.According to the Washington Post, the U.S. Treasury Department…
Bitcoin News

Benjamin Cowen says there is evidence that Bitcoin (BTC) will continue to decline prior to a…

Jeet Adhvaryu Mar 13, 2023 0
According to a prominent crypto expert, there is evidence that Bitcoin (BTC) has a long way to go before triggering a new bull run.In a recent video update, noted crypto analyst Benjamin Cowen informs his 784,000 YouTube followers that…
Crypto News

Grayscale has a 70% chance of prevailing against the SEC

Jeet Adhvaryu Mar 13, 2023 0
Elliot Stein, a Bloomberg analyst, provided commentary on Grayscale's lawsuit against the SEC.The analyst provided his analysis of Grayscale's lawsuit against the Securities and Exchange Commission regarding the SEC's rejection of an…
Crypto News

The UK branch of Silicon Valley Bank was closed by the Bank of England

Jeet Adhvaryu Mar 13, 2023 0
Many U.K. venture capital companies have backed SVB UK, noting that it is a "trusted" partner and performs a "crucial" role in assisting entrepreneurs.The Bank of England (BoE) has ceased operations of Silicon Valley Bank's United…
Altcoin News

Before the bank run, Ripple’s CTO claimed that Silicon Valley Bank was already…

Jeet Adhvaryu Mar 12, 2023 0
CTO of FinTech company Ripple, David Schwartz, recently explained why he believes that Silicon Valley Bank (SVB), which was closed by Californian regulators last Friday (March 10) and is now under the control of the US Federal Deposit…
Crypto News

Henrik Zeberg Predicts Worse Market Crash Since 1929

Jeet Adhvaryu Mar 12, 2023 0
Henrik Zeberg, a macroeconomics expert, has issued a grave warning to investors that a market crash not seen in almost a century is imminent.Zeberg shares a chart with his 102,100 Twitter followers showing the correlation between the…
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