Crypto news

HSBC CEO has doused fears that Silicon Valley Bank UK will suspend or not adequately focus plans on helping startups. The CEO of HSBC UK has said that Silicon Valley Bank UK will continue its regular business of serving startups regardless of new ownership. Ian Stuart noted that Silicon Valley Bank will maintain its processes and business without disruption. At the Money 20/20 fintech conference in Amsterdam, Stuart assured CNBC’s Arjun Kharpal of protecting Silicon Valley Bank. He said:...

Bitcoin’s strong bounce back despite the SEC lawsuits has made analysts optimist about the beginning of the next bull run. After facing strong selling pressure earlier this week, the world’s largest cryptocurrency Bitcoin (BTC) has given a strong bounceback today moving closer to $27,000. As of press time, BTC is trading 3.2% up at a price of $26,603 and a market cap of $515 billion. The recent bounce back has created optimism among Bitcoin enthusiasts with analysts turning bullish on the...

Many crypto exchanges including Binance believe that the SEC’s requested relief will do more harm to investors than good.  The United States arm of the Binance exchange, Binance.US has responded to the lawsuit filed against it by the Securities and Exchange Commission (SEC). According to Binance.US, the lawsuit is without any basis and therefore, the exchange is ready to go to court to refute all of the unwarranted accusations. In light of facts, the law at the time, as well as the SEC’s...

There are ongoing efforts to classify Ethereum. As of now, a final decision is yet to be reached regarding whether it should be considered a security or not. Considering the arguments, predicting the final outcome is challenging. With the recent noise about cryptocurrency regulation and events such as crypto exchanges being sued for offering unregistered securities, there have been varying views from experts and high-profile individuals about the state of some specific cryptocurrencies....

Top crypto companies rank amongst the largest Fintech companies in America despite market challenges. Forbes has released its annual list of the top ten largest fintech companies in the US, providing insights into the dynamic landscape of the financial technology industry. However, this year’s list includes a disclaimer due to the market downturn’s impact on fintech valuations. First on the list was payment processing giant Stripe. The crypto-friendly firm, founded by Irish brothers...

The move will help each business to build teams that have an intimate understanding of their local networks and industries. Venture capital (VC) firm Sequoia Capital has revealed its plans to split up into three distinct businesses. According to the announcement, the new businesses will focus on serving the United States, China, and the Asian markets, albeit separately. Sequoia Capital Cites Reasons for Upcoming Split Sequoia announced plans for the three-way split on Tuesday, sharing...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Tron price started a fresh downside correction from the $0.0855 zone against the US Dollar. TRX price is now trading above $0.0770 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.0777 on the 4-hour chart (data feed via Kraken). The pair could continue...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin price is attempting a fresh increase from the $25,500 zone against the US Dollar. The price is now trading near $27,000 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $26,900 on the 4-hour chart of the BTC/USD pair (data feed from...

Aurora – an Ethereum Virtual Machine (EVM) compatible scaling and bridge solution built on top of the NEAR Protocol blockchain network – announced a strategic partnership with blockchain-based employment cooperative for the Web3 ecosystem called Opolios. Aurora-Opolios Partnership According to the official press release shared with CryptoPotato, the latest integration will enable USDC payments on the Aurora network for independent workers to ramp up payment processes,...

Coinbase CEO Brian Armstrong is not shaken by the U.S. Securities and Exchange Commission (SEC)’s new lawsuit against his exchange. Both the executive and his company responded with brief arguments on Monday as to why Coinbase will reign victorious in its legal battle with the regulator.  A Chance to Win Clarity In a tweet on Tuesday, Armstrong said that Coinbase would be “proud” to represent the crypto industry in its SEC court battle, and to “to finally get some clarity...