[ad_1] The market witnessed a major banking crisis in March as Silicon Valley Bank and Signature Bank failed and Silvergate Bank entered liquidation as the result of dire financial distress. In Europe, the government brokered a forced takeover of Credit Suisse by UBS. Still, the United States equities markets and the European stock markets closed the month on a positive note.The cryptocurrency market was also shaken by volatility, but Bitcoin
[ad_1] Crypto companies are facing difficulties accessing banking services in the United Kingdom, according to multiple sources interviewed by Bloomberg. The few banks still working with crypto firms are requesting more documentation and information about how they monitor client's transactions.Challenges include having applications rejected, accounts frozen, and being overwhelmed with paperwork. Crypto companies have even complained to the government of Prime Minister Rishi Sunak, as the situation worsened in the
[ad_1] Multiple factors have driven the development of artificial intelligence (AI) over the years. The ability to swiftly and effectively collect and analyze enormous amounts of data has been made possible by computing technology advancements, which have been a significant contributing factor. Another factor is the demand for automated systems that can complete activities that are too risky, challenging or time-consuming for humans. Also, there are now more opportunities for AI
[ad_1] Ethereum's native token, Ether (ETH), eyes a run-up toward $3,000 in Q2 2023 after wrapping the previous quarter with 55% gains.ETH price nears potential breakoutThe price of Ether has more that doubled after bottoming out in June 2022 at around $880, weathering a slew of negative events, including the FTX exchange collapse, interest rate increases, and stricter U.S. regulations.In doing so, ETH/USD has painted an ascending triangle, confirmed by
[ad_1] A proposal to fund the Arbitrum Foundation with 750 million ARB tokens — nearly $1 billion — raised controversy in the ARB community over the weekend, as the Foundation announced that it was only ratifying a decision that had already been made. The conflict comes after a few days the layer-2 protocol airdropped its governance token. According to the AIP-1 proposal on Arbitrum's DAO, the 750 million tokens would be
[ad_1] Bitcoin (BTC) is on the road to a new bull market and should deliver serious returns in the process, fresh analysis revealsIn a tweet on April 2, Charles Edwards, founder of Bitcoin and digital asset hedge fund Capriole Investments, flagged a "familiar" bull signal on the SLRV Ribbons metric.Edwards: SLRV beginning "new trend"SLRV Ribbons is a tool for measuring potential Bitcoin profitability. Put forward by Capriole in 2022, it
[ad_1] The collapse of Silicon Valley Bank (SVB), which suffered a bank run after revealing a hole in its finances over the sale of part of its inflation-hit bond portfolio, led to a depegging event for major stablecoins in the crypto sector, leaving many to wonder whether it was a simple stress test or a sign of weakness in the system.The second-largest stablecoin by market capitalization, the Centre Consortium’s USD
[ad_1] Bitcoin (BTC) stayed on course for its highest weekly close in ten months on April 2 as $28,000 held.BTC/USD 1-week candle chart (Bitstamp). Source: TradingViewBTC price analyst: "Massive" liquidations due at $30,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD stable over the weekend after closing out March at near $28,500.A key point of resistance from earlier in its current halving cycle, the current trading zone represents a major
[ad_1] Oddly, following news of a New York Grand Jury voting to indict former president Donald Trump on March 30, the floor price for the officially licensed Trump Digital Trading Cards NFT project pumped. According to data from OpenSea, NFT traders were seemingly spurred into action by the announcement, with the floor price moving from 0.46 Ether (ETH) or $835 at current prices, to as high as 0.6 ETH ($1090)
[ad_1] Just five days after Binance and its CEO Changpeng ‘CZ’ Zhao got sued by the United States Commodity Futures Trading Commission (CFTC) for alleged trading violations, a new $1 billion lawsuit was filed against the crypto exchange, CZ, and three crypto influencers for promoting unregistered securities.On March 31, the Moscowitz Law Firm and Boies Schiller Flexner filed the $1 billion lawsuit in the Southern District of Florida claiming Binance’s
