Crypto trading will grow more costly as banking options shrink
The ongoing extinction of banking options for crypto firms may not lead to an industry collapse. But token traders in the short term are likely to...
Tagged: industrial news
Bitcoin rebounds from banking crisis rout. It may be too good to be true.
Bitcoin and other cryptocurrencies edged higher on Monday, more than recovering from losses from late last week amid a crisis of confidence in the US banking...
Crypto is removed. What it means for Bitcoin and the industry
The crypto industry wanted to de-bank the world. Instead, it was itself discontinued. The closure of Signature Bank (ticker: SBNY) by regulators on Sunday effectively shut...
Bitcoin, ether rally as Fed announces new emergency loan program for banks
Published: 12 March 2023 at 8:02 p.m. ET Major cryptocurrencies rallied on Sunday, as the Federal Reserve announced a new emergency loan program for banks after...
Bitcoin Tanks as Silicon Valley Bank’s Collapse Raises Contagion Fears
Published: March 10, 2023 at 1:34 p.m. ET Bitcoin saw its losses deepen on Friday, falling below $20,000 for the first time since January, as investors...
Bitcoin falls, as Silvergate’s collapse highlights the biggest threat to crypto
An earlier version of this article incorrectly described Signature Bank as a crypto lender. The article has been corrected. Hello! Welcome back to the Distributed Ledger....
Biden takes aim at crypto, real estate and oil industries as he unveils his budget
President Joe Biden on Thursday called for an end to tax subsidies for cryptocurrency investors, the real estate industry and the oil and gas sector as...
Bitcoin falls, as Silvergate’s collapse highlights the biggest threat to crypto
Hello! Welcome back to the Distributed Ledger. This is Frances Yue, crypto reporter at MarketWatch. Major cryptocurrencies fell on Thursday after Silvergate Capital Corp SAY ....
Silvergate Bank is discontinuing operations in a blow to the crypto industry
Silvergate Bank, a major player in the world of cryptocurrencies, plans to wind down operations and liquidate, the holding company said Wednesday afternoon. The holding company,...
Bitcoin falls as cryptos get squeezed from all sides. Key levels are at risk.
Bitcoin and other cryptocurrencies fell on Wednesday, with digital assets squeezed on multiple fronts amid regulatory and macroeconomic pressures that have hammered prices and reversed a...