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Banks Shouldn’t ‘Punish’ Crypto Industry, Republican Senators Urge

A crackdown on digital-assets companies is reminiscent of a campaign targeting gun sales, Federal Reserve Chairman Jerome Powell was told.

In shutting, silvergate, jan, Mar 10, 2023 · 49 points

Ethereum Co-Founder Vitalik Buterin's Address Sells Trillions of Airdropped Tokens, Causes Illiquid Coin Prices to Plummet – Bitcoin News

The market liquidity of the airdropped tokens was shallow, and the relatively unknown ERC20 tokens plummeted in value.

In cofounder, sells, buterins, Mar 10, 2023 · 32 points

A Coinbase exec tried to tell a crowd of bankers that crypto is ‘the money of tomorrow’ and was immediately shot down

Using the example of Bitcoin, he told audiences digital currency meets all of his benchmarks.

In coinbase, saying, ecb, Mar 10, 2023 · 33 points

More than $70 billion wiped off crypto market in 24 hours

A number of issues are weighing on cryptocurrency markets including a sell-off in U.S. stocks and issues at Silicon Valley Bank. Bitcoin fell below $20,000.

In drops, bitcoin, svb, Mar 10, 2023 · 54 points

Investors might have avoided FTX if the SEC had addressed Bitcoin ETFs, says BitGo CEO

The inaugural hearing of the Subcommittee on Digital Assets, Financial Technology and Inclusion included discussions on FTX and the roles of the SEC and CFTC on crypto.

In investors, avoided, bitgo, Mar 10, 2023 · 35 points

Congressman Warns Digital Dollar Could Expand 'Financial Control' Over Americans

Republican House Majority Whip Tom Emmer raised concerns today over whether a digital dollar could jeopardize American civil liberties.

In americans, central, cbdc, Mar 10, 2023 · 28 points

Over 130 US Banks Have Ongoing or Planned Crypto Assets Activities

The number of banks in the U.S. under the Federal Deposit Insurance Corporation (FDIC) dabbling with crypto assets has continued to surge

In banks, risks, funding, Mar 10, 2023 · 30 points

Polygon Down 6%, Gets Flipped By Dogecoin In Market Cap

Polygon has declined by 6% during the past day as whales have shown signs of selling. The asset has also been flipped by Dogecoin in market cap.

In whale, dogecoin, cap, Mar 10, 2023 · 24 points

This trader was down $3m at one point on this leveraged short, now currently up $9.5m

GMX Decentralized Perpetual Exchange

In gmx, Mar 10, 2023 · 25 points

Bitcoin Falls Below $20K as 2023 Rally Reverses

A hawkish Fed, the demise of crypto-friendly Silvergate Bank, and a possible government sale of Silk Road-related bitcoin have given investors ample reason to sell.

In telling, falls, week, Mar 10, 2023 · 36 points