USDC Operations Are Redeemed Post Circle Backlog Clearance
Circle team guarantees the removal of backlogs at USDC operations. Post the collapse of SVB, $3.8 billion USDC is redeemed so far.A recent update from the Circle team regarding USDC…
Shiba Inu’s Biggest Whale Transfer After Shibarium?
Shiba Inu Metaverse’s official website has been launched.In the last 24 hours, the Shiba Inu burn rate dropped by over 98%.The last 24-hour window recorded its largest Shiba Inu whale…
Swiss Central Bank Credit Suisse is in Crisis – What Bitcoin Holds?
Credit to borrow up to $54 billion from the Swiss National Bank. Bitcoin reached a 9-month high of the $26K price range.The inherent nature of the failure of Silicon Valley…
Binance to Move Zero Fee Bitcoin Trading from BUSD to TUSD.
Binance moving its zero-fee BTC trading pairs from BUSD to TUSD.Binance native token BNB price surged about 7.7% in a week.Binance, the world’s largest crypto exchange by trading volume updated…
SHIB The Metaverse Becomes a Hit at SXSW 2023
SHIB booth at SXSW was a “popular spot in the hall”.John Richmond has set foot in the digital world to provide makeovers for avatars.Reports from SXSW 2023 conference in Austin…
Decentralized Exchanges Record Massive Sales Volume Surge
This occurs following the weekend de-pegging incident of USDC by Circle.March 11th was the day when Uniswap’s volume was the largest ever, at $11.84B.This past weekend saw a surge in…
Moody’s Lowers the Rating of Signature Bank After its Collapse.
Signature Bank was closed by the state regulators on March 12. Six other U.S. bank ratings are under review to downgrade.Credits rating agency Moody’s downgraded the debt rating of recently…
Bitcoin Analysis — BTC’s Rising Trend Signals Potential Buying Opportunity
BTC price has skyrocketed over the past week.The BTC market sees a bullish rebound with surging Keltner Channel bands.The Bitcoin (BTC) price has skyrocketed over the past week, as a…
Silicon Valley Bank Collapse is Flashback of Lehman Brothers?
Silicon Valley recalls the Lehman Brothers failure.USD Coin price stabilized at a $0.9997 peg. Silicon Valley Bank (SVB), which had connections to big-shot international technology firms and venture capital, failed…
Bitcoin Breaches $26k Level as Crypto Market Rallies Post CPI Inflation.
The 12-month change in the core CPI rate was 0.5% higher in February, bringing it to 5.5%. Bitcoin finally surpassed the critical $26,000 price milestone.The value of Bitcoin (BTC), the…