City Santiment Financial News

16.03 / 03:19

Provident BTC Bitcoin [BTC] bounces back: All you need to know as king coin crosses $26k

During the intraday trading session on 14 March, Bitcoin [BTC] momentarily traded at a staggering high of $26,500 for the first time since August 2022. The rally in price was due to the positive sentiment that lingered in the market as many expect potential US interest rate cuts.

15.03 / 17:35

Tether USDT Tether [USDT] exchange supply dwindles as whales…

Over the weekend, stablecoins became “unstable” as fifth-ranked cryptocurrency as Circle USDC in market value lost its dollar peg. Following the event, a lot of investors switched sides and held their stables in Tether [USDT] . This led to a drop in USDC’s market capitalization and increased dominance for Tether.

15.03 / 16:37

Blockchain Ethereum Provident CoinMarketCap FIL sees increased interest as Filecoin launches virtual machine, details inside

To provide an execution environment for running the Ethereum [ETH] Virtual Machine (EVM)-compatible smart contracts on its network, leading decentralized storage network Filecoin [FIL] finally launched its Filecoin Virtual Machine [FVM] on the mainnet on 14 March.

15.03 / 13:41

Platform Action Bitcoin USDC depegging makes MakerDAO introduce new mechanism, more inside

In a new emergency executive proposal , leading DeFi platform MakerDAO [MKR] has sought community approval to introduce a debt ceiling breaker for collateral assets used to mint its DAI stablecoin.

15.03 / 12:47

Ethereum Provident Digital CryptoQuant Bullish trend What can spur Polygon’s [MATIC] bullish trend? Analyzing…

There have been many recent periods of uptrend activity on Polygon [MATIC], suggesting that the cryptocurrency has emerged from the doldrums it was mired in since 18 February. With the token garnering some attention in terms of social volume, its movement on exchanges is something that investors can keep monitoring.

15.03 / 09:49

Blockchain Progressive IBC Identifying Proposal 187’s full impact on Cosmos validators, ATOM holders

The Cosmos community has voted in favor of a proposition known as prop 187, which has the potential to benefit ATOM stakers and holders. Due to sufficient votes, the proposal is now expected to go live on March 15.

15.03 / 08:05

Ethereum ETH Twitter Action Ethereum whales accumulate $600M in ETH; Is the green still an anomaly?

Like a ton of assets in the crypto-market, Ethereum’s [ETH] price jumped over the weekend. Even at press time, the second-largest cryptocurrency in market value maintained a 5.11% hike in the last 24 hours. Needless to say, this has brought some calm to the market. Especially since much of it was flashing red over the weekend.

15.03 / 04:37

UPS Provident SVB Bitcoin What next after Bitcoin Cash [BCH] reclaims $110 from riding BTC’s coattails

Due to its statistically significant positive correlation with Bitcoin [BTC], Bitcoin Cash’s [BCH] price has also rallied in the last 24 hours. This, following the decision by the U.S. Department of the Treasury, Federal Reserve, and Federal Deposit Insurance Corporation (FDIC) to restore all customer deposits at failed Silicon Valley Bank (SVB).

15.03 / 04:21

Blockchain UPS Digital Platform Action What DOT holders should know about Polkadot’s latest ‘statement’ partnership

Polkadot is making a significant play in the Non-Fungible Token (NFT), and Web 3 arena as the space grows and the link gets deeper. The development of the Internet and how we interact with digital assets are tied to Web3 and NFTs. Polkadot is putting its foot down early with a recent collaboration announcement with Beatport. Needless to say, a favorable effect on DOT may be on the cards too.

14.03 / 23:35

UPS MakerDAO cites ‘uncertainty’ to usher in new changes to protocol

As the FUD around stablecoins gathers steam, many DeFi protocols have started to implement changes and proposals to their networks. MakerDAO, for instance, has deployed new parameters to mitigate the risk against the volatility of stablecoin markets.

14.03 / 15:57

UPS Waves BTC SVB Bitcoin Want to get in on Bitcoin [BTC]? Here’s the long and short of it all

Because of the Silvergate and SVB (Silicon Valley Bank) saga, many investors have lost faith in traditional banking systems. In fact, due to the aforementioned, there has been a new wave of sustained interest in the crypto-market, especially blue chip coins such as BTC and ETH.

14.03 / 12:29

UPS Provident BTC SVB Bitcoin Bitcoin [BTC] may look poised to hit $25K, but here’s the ‘but’ of it all

During the intraday trading session on 13 March, sentiments across the cryptocurrency market improved. This, following the decision by the U.S. Department of the Treasury, Federal Reserve, and Federal Deposit Insurance Corporation (FDIC) to restore all customer deposits at failed Silicon Valley Bank (SVB).

14.03 / 06:33

UPS Platform OP bulls step up dominance as Optimism social activity rises

According to Lunar Crush, Optimism [OP] ranked as the highest asset with the most social activity as the market shoved itself into bullish dominion.

14.03 / 00:35

UPS BTC Action CoinMarketCap SVB regulatory Bitcoin soars as Silicon Valley Bank depositors get a regulatory lifeline

Following the decision by the U.S. Department of the Treasury, Federal Reserve, and Federal Deposit Insurance Corporation (FDIC) to restore all customer deposits at failed Silicon Valley Bank (SVB), Bitcoin’s [BTC] price rallied by almost 10% in the last 24 hours.

13.03 / 19:47

UPS CoinMarketCap SVB MKR sees green as regulators move to restore deposits at failed SVB

In response to recent developments, Maker’s [MKR] price experienced a substantial increase of nearly 30% in the last 24 hours.

13.03 / 16:27

Blockchain UPS Tether Platform Gap Assessing the state of TRON [TRX] amidst ongoing Stablecoin turmoil

The current stablecoin turmoil has spread far and wide and no crypto project has managed to stay aloof from its impact. Tron [TRX], the layer-1 blockchain, saw its USD Coin [USDC] supply drop from $1.03 billion at the start of March to just over $530 million as of 12 March, almost getting halved.

13.03 / 09:39

Lowe's Target recovery Uniswap [UNI] attempts recovery; short-sellers opportunities limited?

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion

13.03 / 04:55

BTC Lowe's Action Bitcoin Algorand’s [ALGO] downtrend slows down- Is a trend change likely?

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion

13.03 / 01:25

NASDAQ SVB fall Can Uniswap, Curve and Aave reap the benefits of USDC’s fall

The fall of SVB has brought a shockwave to many investors in the crypto community. While major firms and large stablecoin issuers faced the heat, the DEX sector of the crypto space, managed to see growth.

12.03 / 20:03

BTC Progressive Action CryptoQuant Silicon Valley Bank: Bitcoin investors in panic as market goes sideways

As the cryptocurrency market grapples with the uncertainty that lies ahead as banks resume operations on Monday, Bitcoin’s [BTC] funding rates turned negative for the first time since the year began, data from CryptoQuant revealed.

12.03 / 14:41

Provident SUN CEO USDT BNI SVB Decoding the latest USDC update- Are USDT and DAI safer bets

Over the last few days, there has been a lot of FUD surrounding Circle after the firm was impacted by the bank run on Silicon Valley Bank (SVB).

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