Category: Cryptocurrency News

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Remember that USD Circle was used by the US Government to bypass Maduro and send money to Venezuela, this was a news that went under the table. A real crypto usage involving geopolitics.

March 12, 2023

Year was 2020, and US Government was recognizing Juan Guaido as Venezuela President, over Nicolas Maduro. Trump was US president. The COVID situation was really bad here in the country and doctors and nurses were (and still are) having a bad time with monthly wages under 100 USD. Yes, under 100 USD. To support Guaido,…
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NY Regulators Seize Control of Signature Bank, Depositors Assured by Federal Bailout

March 12, 2023

On Sunday, the New York Department of Financial Services, or DFS, announced that it had taken possession of Signature Bank. The DFS appointed the Federal Deposit Insurance Corporation, or FDIC, as the receiver of the bank. In a joint statement, the U.S. Federal Reserve, Treasury Department, and FDIC explained that all Signature depositors would be […]

Daily General Discussion – March 13, 2023 (GMT+0)

March 12, 2023

Welcome to the Daily General Discussion thread. Please read the disclaimer and rules before participating.   Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading,…
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Ripple CEO assures ‘strong financial position’ despite SVB collapse

March 12, 2023

In a short tweet thread with no specifics, Garlinghouse said the SVB situation would not disrupt daily operations.

Every cycle there are loads of coins that were said to be “the next big thing” and even made it to top 20, just to be forgotten in a few years. What do you think about the current top 20? Any coin that won’t be relevant in 2025?

March 12, 2023

Through out the history in recent cycle, so many coins has made it to top 20, being said to be "the next big thing" and never to be seen again. Some examples: NEO – The "Chinese Ethereum": Reach ATH at $196.85 (5 years ago, in Jan 2018). It was on top 8 back then. Currently…
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Bitcoin Bursts to $22,000 As Biden Administration Tries to Stop Contagion in U.S. Financial System

March 12, 2023

submitted by /u/Whole_Visible [link] [comments]

US Fed announces $25B in funding to backstop banks

March 12, 2023

The Federal Reserve established a funding program for banks, making $25 billion available to eligible firms in a bid to avoid further banking liquidity issues.

BTC & ETH prices still increasing. CNBC reporting crypto bank Signature Bank closed by regulators

March 12, 2023

“U.S. regulators said Sunday it shut down New York-based Signature Bank, a second financial institution they shuttered after Silicon Valley Bank's collapse. "We are also announcing a similar systemic risk exception for Signature Bank, New York, New York, which was closed today by its state chartering authority," Treasury, Federal Reserve, and FDIC said in a…
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The scams on r/Ethereum are out of control

March 12, 2023

Every single day I see multiple posts that are obvious scams on this subreddit, and people rightly point it out in the comments but the scammers are using bots to downvote commenters pointing it out submitted by /u/Select-Struggle-9172 [link] [comments]

Bank Bailouts Begin. Bitcoin Betters Banking.

March 12, 2023

With the collapse of Silicon Valley Bank this past week, the UK government has this evening announced planned bailouts from taxpayer funds. https://www.thetimes.co.uk/article/silicon-valley-banks-fall-is-a-threat-to-uks-tech-start-ups-sfngfjzll https://www.gov.uk/government/news/chancellor-update-on-silicon-valley-bank-uk https://www.telegraph.co.uk/business/2023/03/11/crisis-uk-start-ups-silicon-valley-bank-collapses/ We are entering a phase in the global economy, that 15 years ago, was the initial catalyst for the invention of Bitcoin. These past few days have once again proven…
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