Bitcoin and other financial assets now have a Credit Suisse problem. Credit Suisse credit default swaps signal that the company could collapse. Credit Suisse stock price plunged by 20% and reached a record low. Bitcoin price came under intense pressure on Wednesday as the banking
Bitcoin price fell below $20,000 after its biggest dump since November 2022. The top crypto asset by market cap dumped amid broader selloff for cryptocurrencies, largely fueled by negative news. Among other news, the New York Attorney General has sued KuCoin over offering of unregistered
Chris Burniske says Ethereum could outperform Bitcoin in March due to the Shanghai upgrade. Burniske is a partner at crypto-focused VC Placeholder and formerly of ARK Invest (crypto division). According to the investor, pullbacks are likely to remain “within current uptrend.” Chris Burniske, partner at
CoinShares data shows crypto investment products recorded minor outflows of $2 million. But Bitcoin saw a third straight week of outflows totaling $12 million. Short-bitcoin funds saw inflows of $10 million amid negative sentiment driven by US economic data. Digital asset investment products recorded yet
Stacks price has soared in the aftermath of interest in Bitcoin NFTs with the launch of Ordinals. STX rose to an all-time high of $3.39 in December 2021. Analysts say the upcoming Bitcoin halving could catalyse fresh rallies for the token. Stacks, the Bitcoin layer
Mt.Gox Bitcoin exploit took place in 2014. The exploit remains the largest Bitcoin exploit in the history of cryptocurrencies. Mt.Gox creators may however start receiving their bitcoins this month. Mt.Gox creditors may have a reason to smile after the exchange’s January statement hinted that the
The Plan Initiative was launched on March 03, 2022. The main objective of the Plan was to scale Lugano’s blockchain capabilities. Tether and the City of Lugano have launched the Plan Business Hub to celebrate the first anniversary of the Plan. It is now a
Bitcoin price outlook after this week’s Silvergate and Tether news. BTC is hovering around $22,400 with key resistance near $23k amid a potential technical breakout to YTD highs. The $20k zone is a critical and psychological level for bulls. Bitcoin price remains constrained below $22,500