2nd highest weekly close ever — 5 things to know in Bitcoin this week

Billionaire Bill Ackman said that SVB’s senior management made a “basic mistake” but should be fired. 747 Total views 9 Total shares Own this piece of history Collect this article as an NFTBillionaire Bill Ackman has urged the United States government to “guarantee” all deposits held by Silicon Valley Bank (SVB) within the next “48…

When the sentiment in the market turns bearish, every bit of negative news, however insignificant, pulls the price down as traders panic sell. This is what happened after China’s social media giant, Weibo, suspended a number of crypto-related accounts and triggered fears that a wider crackdown could occur.In other news, a note from Goldman Sachs…

The request was denied by U.S. District Judge Lewis Kaplan, who characterized it as a “fishing expedition” lacking justification. Sam Bankman-Fried, the co-founder of FTX, has been denied his request to obtain documents from a Silicon Valley law firm, Fenwick & West LLP, as part of his defense strategy in his ongoing federal fraud case,…

The crypto-friendly Signature Bank was a key partner for many crypto firms, some which have been voluntarily disclosing their exposure to the recently closed firm. 171 Total views 1 Total shares Own this piece of history Collect this article as an NFTCrypto exchange Coinbase, crypto lender Celsius and stablecoin issuer Paxos are among the crypto…

Ethereum (ETH) co-founder and ConsenSys CEO Joe Lubin has said that with blockchain, society will move “from a scarcity to an abundance mindset,” in a New York Times (NYT) interview published Nov. 12.Lubin made his remarks at the NYT’s International Luxury Conference at the Intercontinental Hotel in Hong Kong, which runs Nov. 12-13 and brings…

Over 80 percent of the total circulating supply of Ethereum (ETH) is held by 7,572 addresses, claims a report released by digital asset research company Delphi Digital on March 7.More precisely, the data contained in the report claim that over 80 percent of the total supply of ETH coins are held by addresses with a…

Iguodala said he will also be giving out $1 million worth of BTC to fans to increase the cryptocurrency's adoption. 339 Total views 19 Total shares On Monday afternoon, Andre Iguodala, three-time NBA champion and the professional basketball player for the Golden State Warriors, announced via Twitter that he would be taking a portion of…

Market analysts weigh in on an intriguing ‘flippening’, as Bitcoin futures open interest on global derivatives marketplace CME overtakes Binance. 790 Total views 20 Total shares Binance’s dominance of Bitcoin futures open interest has been toppled by traditional derivatives market place heavyweight Chicago Mercantile Exchange (CME), following Bitcoin’s first move past the $37,000 mark in

Gibraltar-based Xapo Bank, a private bank and Bitcoin custodian, reported a surge in Bitcoin trading volumes in the first quarter as its high-net-worth members scooped up Bitcoin amid market turbulence.  Xapo Bank said that Q1 trading volume grew 14.2% compared to the Q4 2024, as the Bitcoin (BTC) price drop helped drive trading volume growth