DOGE, SHIB Slip Following ECB Rate Hike – Market Updates Bitcoin News

Dogecoin and shiba inu fell by as much as 5% in today’s session, as markets reacted to the European Central Bank (ECB) rate hike. The bank moved to increase rates by 50 basis points, despite the recent banking crisis. As a result of this many now expect that the Federal Reserve will continue to increase rates also. Dogecoin (DOGE) Dogecoin (DOGE) fell by over 5% on Thursday, as markets reacted to the latest interest rate decision from the ECB. Many believe the Federal Reserve could take a similar approach, hiking…

Decentralize and the week’s Breaking News: SVB, USDC and BTC to 26k

Breaking news and insightful views: Decentralize with Cointelegraph drops a new style of podcast, curated for you by the Cointelegraph news team. Breaking news and insightful views: Decentralize with Cointelegraph drops a new style of podcast, curated for you by the Cointelegraph news team.  Decentralize with Cointelegraph, hosted by Global Reporter Joe Hall dissects the crypto market’s breaking–and most impactful news of the past week. From the Silicon Valley Bank fallout to the Consumer Price Index to Bitcoin’s (BTC) brief price pump above $26,000, the period the week commencing March…

10 industry leaders’ tips for regulators as they start to scrutinize NFTs

Many outside the crypto industry first heard of nonfungible tokens only within the last year or so, with most mainstream coverage focused on the digital artwork market. Those not in the know may well have thought NFTs would amount to nothing more than digital collectibles. However, industry pioneers grasped the full potential of NFTs, and new applications are surfacing that could impact multiple industries.  As the value of NFTs as assets is realized, regulation is sure to follow — but it won’t be as simple as applying the rules established…

Stripe Valued at $50 Billion after $6.5 Billion Raise

Stripe has retained its entity as a privately owned enterprise over the past ten years, despite persistent speculations about an IPO. Payment processor Stripe raised $6.5 billion at a $50 billion valuation, the firm announced, with a steep discount from its record valuation of $95 billion in 2021. According to the press release, the company doesn’t require money for expanding its business. The cash collection, with participation from Andreessen Horowitz, Founders Funds, Goldman Sachs, and Temasek will actually participate in offering liquidity to the present and previous employees along with…

Judge’s Order for Binance.US Acquisition of Voyager Digital Reaffirmed

When the financial woes of FTX also lead to the exchange’s bankruptcy, the deal could not proceed, pitching Binance.US as the next major favorite to bail out the company. Judge Michael Wiles, the presiding Judge over the Binance.US and Voyager Digital acquisition case with the United States Securities and Exchange Commission (SEC) has reaffirmed his order for the deal to proceed. The Judge canceled the petition from the SEC to halt the proposed sale of the bankrupt crypto brokerage company to Binance.US on the grounds that such deals will be…

9 key metrics to analyze the health of a bank

A bank health check is a comprehensive assessment of a bank’s financial condition, performance and risk management practices. It is conducted by banking regulators or independent auditors to evaluate the bank’s ability to withstand adverse economic conditions and potential risks, including credit risk, market risk, liquidity risk and funding risk. The bank’s financial statements, including the balance sheet, income statement and cash flow statement, as well as its risk management methods, are often thoroughly examined as part of the health check. Here are nine fundamental metrics to analyze the health…