In this category of TheNewsCrypto, you will see the latest news, top headlines, opinions, current affairs, and much more from around the globe. The section only has handpicked articles by our experienced and profound editors to keep you updated with trends and stay ahead of the pack. Never miss any important news as we make sure this section is regularly updated with only the mainstream and impactful events of the cryptocurrency world.
As the talk of Artificial Intelligence (AI) and chatbots reached the surface by the end of last year, after OpenAI’s ChatGPT. The tokens in the same zone also gained popularity. DeepBrain Chain, SingularityNET, Fetch.ai, and SingularityDAO are a few of those. The integration of AI with blockchain technology can bring
The Bitcoin (BTC) price has skyrocketed over the past week, as a result of the escalating banking crisis in the US and the federal government’s efforts to mitigate its effects. This increase indicates the traders’ belief in the crypto market’s potential for development and profitability, which may end up with
Credits rating agency Moody’s downgraded the debt rating of recently collapsed New York-based Signature Bank deep into “junk territory.” Moody’s rated Signature bank’s subordinate debt c, the grade indicates that the company is vulnerable to adverse economic conditions. It also stated that Moody’s withdraws the future ratings of the collapsed
This past weekend saw a surge in trading activity for USDC across many decentralized exchanges. The 11th of March was the day when Uniswap’s volume was the largest ever, at $11.84 billion. Yet, it isn’t the first decentralized protocol to gain popularity. This occurs following the weekend de-pegging incident of
Since the U.S. Securities and Exchange Commission needs to focus on effective regulations and recommendations relating to securities, rather than erroneous securities cases, Coinbase has submitted an amicus brief in the SEC v. Wahi insider trading case urging the court to dismiss the complaint. According to a tweet sent by
Binance, a cryptocurrency exchange, has announced that it would stop accepting deposits and withdrawals in British pounds sterling as of May 22 unless it can secure a new service provider. According to an email issued to clients on Monday, the British partner that Binance employs for Faster Payments Service transactions,
Past weekend has given a panic attack to every other person in the financial sector, whether the conventional banking arena or the crypto market. The current week has started quite positively now. Bitcoin (BTC) moved up from $19.6K to $24.8K. The intense rise in the price and sudden drop is
With the weekend’s news of the closure of a Silicon Valley bank, which dominated headlines, stock trading in the shares of many banks was suspended today due to extreme volatility. A few examples include Charles Schwab, Western Alliance, and First Alliance. The news follows today’s comments by President Joe Biden
The macroeconomy witnessed a cascade of bank failures – Silvergate, Silicon Valley, and now Signature – in the US economy. Since all these were crypto-friendly banks, the impact of their collapses caused significant declines in the crypto market. The sudden de-pegging of Circle-issued USDC is the evident aftermath of the
Most recently, it was declared by the government of the United Kingdom (UK) that HSBC holdings had acquired the British affiliate of the Silicon Valley Bank. This comes after a U.S. government body took action to protect depositors at the failing bank. The CEO of HSBC, Noel Quinn, was quoted
