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Bitcoin BTC Price Slides Below 24.5K as European Banking Woes Spook Investors
The largest cryptocurrency by market capitalization dropped to $23,946 at one point before regaining ground to recently trade at $24,502, roughly flat over the 24 hours. But that was still well off BTC's highs of the previous day when it…
Helium's HNT Crypto Token Slides to 2-Month Low After Binance.US Delisting Announcement
The token is migrating to the Solana blockchain as of March 27.
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Crypto-Friendly Silvergate Was Not Cut Off From Loans, FHLB Says
The Federal Home Loan Bank of San Francisco, the bank that supplied $4.3 billion to Silvergate late last year, did not force Silvergate to repay the advances which have been rumored to be the reason why the crypto-friendly bank went into…
Ethereum price reaches lowest level relative to Bitcoin in 5 months
The previous six months should have been extremely beneficial to Ether's (ETH) price, especially after the project's most significant upgrade ever in September 2022. However, the reality was the opposite: between September 15, 2022, and…
Bitcoin Options Market Still Afraid of USDC Volatility
Bybit and Deribit calculate the payoff or profit/loss from the options trade, referencing the dollar value of the underlying asset (BTC). However, at Deribit, the actual settlement is paid in BTC, while Bybit uses USDC. Settlement refers…
Over Two Billion USDC Stablecoin Burnt in Single Day, Data Shows
The dollar-pegged stablecoin has failed to win back investors following last week’s depegging. Circle Internet Financial's USDC stablecoin massively depegged from its intended $1 price on Friday night after Silicon Valley Bank (SVB),…
Ethereum's Network-to-Value Ratio Slides to 3-Month Low as ETH Rallies 20%
The widely-tracked ratio measures ether's market capitalization in relation to the value of onchain transactions processed on the Ethereum network.
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Bitcoin, Ether Volatility Stuns Bears And Bulls Alike; Some Say Recent Price Action Driven by Bank…
The volatility caused over $140 million in bitcoin futures and $80 million in ether futures to take on losses. Of this, 58% of futures losses came from shorts, or bets against price rises, while the remaining came from longs, or bets on…
Bitcoin BTC Price Holds Near $25K as Investors Remain Upbeat About Inflation Data, Fed Rate Hikes
Ether was changing hands just above $1,700, about where it stood on Monday, same time. The second largest cryptocurrency has roughly matched BTC's upswing this week. Other major cryptos spent most of Tuesday healthfully in the green…
Circle USDC Rebounds From De-Pegging, but Stablecoin Observers See an Uncertain Future
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