BTC has remained in a range between $24,200 and $25,200 over the past 24 hours. Investors are hoping the Federal Reserve relaxes its recent monetary hawkishness. Original
Bitcoin Holds Steady Above $25K as Euro Banking Crisis Eases
Day: March 16, 2023
USDC LA 86 DE CENTI | Coinbase si Avalanche in fata unui Crash Urias
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Piata crypto are noi probleme iar USDC are o scadere de 86 de centi desi Bitcoin are o mica crestere. Coinbase, Avalanche sau … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
LinksDAO Inches Closer to Closing Scottish Golf Club Deal
LinksDAO declined to disclose the value of its offer, noting that the deal has not yet been fully closed. Spey Bay’s seller listed the property at $905,000, according to the property’s listing. Golf Digest has reported that the deal is expected to close higher, however, without naming a specific figure. Source
Ethereum core developers set April 12 for Shanghai hard fork
A target date for the highly anticipated Shanghai hard fork has now been set: April 12. Ethereum core developers approved the target deadline during the All Core Developers Execution Layer #157 call on March 16. Initially estimated for late March, the Shanghai mainnet upgrade features five Ethereum Improvement Proposals (EIPs), including EIP-4985, which will enable staked Ether (ETH) withdrawals on the Beacon Chain, completing Ethereum’s transition from proof-of-work (PoW) to a proof-of-stake (PoS) consensus. The target date April 12 at 10:27:35 PM UTC, epoch 620,9536, will now be confirmed by…
21Shares Closes 6 Crypto Exchange-Traded Products
The products on the chopping block include the 21Shares Crypto Layer 1 ETP (LAY1), the 21Shares DeFi 10 Infrastructure ETP (DEFII), 21Shares S&P Risk Controlled Bitcoin Index ETP (SPBTC), the 21Shares S&P Risk Controlled Ethereum Index ETP (SPETH) and the 21Shares USD Yield ETP (USDY), which will all close after the April 6 trading day. The sixth product – 21Shares Terra Classic ETP (LUNA) – will keep trading until June 12. The six closures have less than $700,000 in assets under management combined. Source
Friendliness Toward Crypto ‘Does Not Exist’
Two days later, Santa Clara, California-based Silicon Valley Bank (SVB), a go-to institution for venture-backed tech startups, was taken over by the California Department of Financial Protection and Innovation, which said the firm had “inadequate liquidity and insolvency.” This past Sunday, New York-based Signature Bank was closed by state regulators in what they called an effort “to protect investors.” Like Silvergate, Signature Bank operated its own real-time payments platform, Signet. Source
How Talent Agency WME Is Expanding Into Crypto
Chris Jacquemin, a speaker at CoinDesk’s Consensus conference, on Hollywood’s embrace of Web3. Source
Banking Giant State Street Cuts Ties With Crypto Custody Firm Copper
State Street will continue to work on “a multi-faceted solution for both tokenized securities as well as native tokens,” the bank said, adding that the “regulatory environment for digital assets has continued to evolve, as has the requirements for servicing this asset class.” Source
SVB Collapse Tanked NFT Trading Volumes, DappRadar Report Suggests
According to Dappradar, there were only 12,000 active NFT traders on Saturday, March 11 – the day after the bank was shut down – a number not seen since November 2021. Saturday also saw the lowest number of single NFT trades in 2023 thus far, totaling 33,112. Source
US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply – Bitcoin News
The U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley Bank (SVB) and Signature Bank (SNBY), this week, with bids due by March 17. However, sources familiar with the matter said the qualifications to purchase the banks are stringent, and reportedly, the purchasers cannot deal with crypto businesses anymore. Controversy Surrounds Alleged Crypto Restrictions for Potential Bank Buyers Last week, the second- and third-largest bank failures in America occurred within 48 hours of each other, and the two financial institutions…