Tag: BitcoinUSD
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Crypto will be ‘over’ in the US if Coinbase loses battle with SEC. This is why
Hello! Welcome back to Distributed Ledger. This is Frances Yue, crypto reporter at MarketWatch. Crypto exchange Coinbase MINT said Wednesday it received a notice from Wells from the Securities and Exchange Commission that could lead to formal charges. The SEC’s Wells notice covered an unspecified portion of the exchange’s publicly traded digital assets, the staking […]
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What happened to Silvergate Capital? And why does it matter?
Silvergate capital AND served as one of the most important banks for the crypto industry before it collapsed earlier this week. The news came just a week after the company delayed its annual report to the U.S. Securities and Exchange Commission, causing Silvergate Capital’s shares to collapse. Here’s a rundown of the timeline of what […]
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Bitcoin Tanks as Silicon Valley Bank Collapse Fuels Contagion Fears
Published: March 10, 2023 at 1:34 PM ET Bitcoin saw its losses widen on Friday, dropping below $20,000 for the first time since January as investors worry about the spread of contagion from Silicon Valley Bank, which was shut down by regulators and acquired by the Federal Deposit Insurance Corp., days after the crypto-friendly Silvergate […]