Bitcoin Holds Steady; Dogecoin Leads Slide in Major Cryptocurrencies as Traders Lock In Gains
The market saw higher-than-usual volatility this week following the collapse of crypto-friendly banks over the weekend.
The market saw higher-than-usual volatility this week following the collapse of crypto-friendly banks over the weekend.
Cryptocurrencies rose even after regulators Sunday announced the closure of Signature Bank, the last major crypto bank after Silvergate.
Major cryptocurrencies stabilised on Monday after U.S. authorities announced plans to limit the fallout from the collapse of Silicon Valley Bank (SVB) and the issuer of the USD Coin stablecoin said it remained redeemable with the dollar.
“What [crypto] needs is adult supervision. It needs the Goldman Sachs’ and the Morgan Stanley’s and the BlackRock’s to come in,” Saylor said.
Signature Bank will not handle transactions of less than $100,000 for crypto exchange customers, according to a statement from exchange giant Bina…
The Bank for International Settlements (BIS) has released a bulletin suggesting three possible approaches to address the risks associated with cryptocurrencies to avoid collapses like what we witnessed in 2022. The BIS, a global banking coordination body, has released a paper entitled Addressing th…
“The outlook for crypto is not horrible, but it’s not great,” the Galaxy Digital CEO said. “We’ve got time to heal and rebuild [the] narrative.”
The cryptocurrency market across 2022 has been dominated by the bears, with most digital assets losing a significant share of their value.
These are our top 5 fastest-growing new cryptocurrencies that will explode in 2023. Let’s see why these cryptocurrencies have the potential to rise in the future.
Cryptocurrencies can be launched easily because, instead of building your own blockchain from scratch, the code of an existing blockchain can be copied.