Bybit announces an increase in volume for USDC pairings as the third most popular cryptocurrency exchange in the world intensifying efforts to satisfy market expectations. Customers are flocking to Bybit for its rock-solid security and market coverage because they are relying on trustworthy platforms to handle the current turbulence in
Ethereum (ETH) price undergoes an instant surge of 3.8% in just two hours. The price soared up to $1,726.62. The largest altcoin in the crypto market was expected to experience its golden period after the PoS consensus upgrade. But reality differs from it. Post the change of mechanism in September
Once again, the Dog-themed memecoin “Floki (FLOKI) sparks in the Twitter Crypto” by entering the top 10 purchased tokens list among the 2000 largest Binance Smart Chain (BSC) whales in the last 24 hours, according to the Whalestats, a data aggregator who used to monitor whale activities. In addition, the
After the prolonged bear market, the year 2023 starts with a bull run in the cryptocurrency industry. Also, the Silicon Valley Bank’s failure, which led the stock markets to face heightened volatility, brought more attention to the digital market. And the global crypto market cap regained its $1.1 trillion cap.
The inherent nature of the failure of Silicon Valley Bank and its effects on the stock market over the past week have not yet been solved. Investors and authorities have switched their attention from the United States to Europe. Credit Suisse led a selloff of bank shares after its largest
A prominent exchanger monitor, BestChange.com, provides users with a simple and safe method to convert fiat money into well-known cryptocurrencies like BTC, ETH, XMR, and many others. Since its founding in 2007, BestChange, the home of 250+ exchangers, celebrated its anniversary in June 2022. resulting in over 15 years of
Since heightened volatility during pre-market hours on Monday, significant bank stocks have been suspended in the wake of Silicon Valley Bank’s demise. That led equities to witness a crucial selloff. Also, the shares of First Republic Bank dropped by more than 60% due to a cascading effect from the second-largest
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
Bitcoin (BTC) reached its monthly high on March 13 when U.S. bank equities saw one of the greatest collective stops in their history. According to CMC, the price of BTC surpassed the $24k level and is now trading at $24,348. In the last 24 hours, it is up by 18%.
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
