Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
Etherscan data showed the average cost of Ethereum transactions rose as high as $15 on May 4, a 1-year high.Gas fees on L2 networks also skyrocketed, particularly on chains built using zero-knowledge proofs like Polygon zkEVM and zkSync...
Bitcoin News / Bitcoin.com - 1 year ago
The European Central Bank (ECB) raised its key interest rates by 25 basis points, slowing the pace from previous increases. However, as inflation in the euro area remains persistently high, future rate hikes may still be expected with the regulator i...
Cryptocoins News / CoinJournal - 1 year ago
Key Takeaways
First Republic has become the latest bank to collapse in the US
Bitcoin has bounced this week, as it did in March when SVB fell and the banking crisis was triggered
Our Head of Research, Dan Ashmore, contends that Bitcoin remains a ris...
Bitcoin News / Bitcoin.com - 1 year ago
Russia is closely monitoring the U.S. economy amid discussions of the U.S. government defaulting on its debt obligations. Treasury Secretary Janet Yellen said the Treasury will be unable to pay the government’s bills if Congress does not act by June...
Cryptocoins News / The Cointelegraph - 1 year ago
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses whether Bitcoin’s $28,000 support has a chance amid the recent banking crisis. I...
Bitcoin News / Google News Bitcoin - 1 year ago
How can Bitcoin hold $28K amid the banking crisis?& & CointelegraphBitcoin Rises as Latest Teetering U.S. Bank Sends Traders to Crypto Haven& & CoinDeskBitcoin Set New Record of Daily Transactions the Same Day the U.S. Government Quietly Engineered a...
Bitcoin News / Bitcoin.com - 1 year ago
Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes ar...
Cryptocoins News / EthereumWorldNews - 1 year ago
Coinbase has launched an offshore crypto derivatives exchange based in Bermuda.& Coinbase International Exchange will allow non-U.S. customers to trade perpetual futures.& The Bermuda Monetary Authority recently granted a regulatory license...
by COINS NEWS - 1 year ago
The Coinbase International Exchange will roll out trading by listing Bitcoin and Ether perpetual futures. As the cryptocurrency industry faces regulatory challenges in...
Bitcoin News / Bitcoin.com - 1 year ago
Gold companies operating in China ramped up their production levels during the first quarter of 2023. According to industry reports, the Chinese gold industry managed to recover its extraction levels, reaching numbers it saw before the Covid pandemic...
Bitcoin News / Bitcoin.com - 1 year ago
Amid the collapse of the second, third, and fourth largest banks in American history, U.S. president Joe Biden reassured the public that the country’s banking system remains sturdy. However, the president also acknowledged the “threat by...
Bitcoin News / Bitcoin.com - 1 year ago
According to multiple reports, First Republic Bank is facing significant financial difficulties and could be taken over by the Federal Deposit Insurance Corporation (FDIC) if private sector banks do not intervene. The FDIC has reportedly approached s...
Bitcoin News / Bitcoin.com - 1 year ago
A growing number of banking institutions in Russia are offering customers the option to save in Chinese yuan. The trend coincides with declining demand for U.S. dollar and euro deposits amid currency restrictions that triggered a flight of funds to b...
Cryptocoins News / EthereumWorldNews - 1 year ago
Crypto miner Core Scientific has signed a new hosting contract amid its bankruptcy proceedings.& The struggling miner has agreed to host nearly 18,000 BTC mining rigs from three firms.The new contracts will bring the mining firm’s total mining r...