Chia Network cut a third of its workforce today as the blockchain platform sought to reestablish a lost banking relationship, the company told CoinDesk, further delaying what Chia had hoped would be a rapid path to listing as a public company.
Nifty News: Blue chip NFT prices wobble, Credit Suisse tries tokens and more
The floor prices for some of the largest NFT collections sunk to nearly two-year lows, but have started to edge up in the past 24 hours.
Credit Suisse and Swiss Football Association To Release Women’s Football NFT Collection
All of the proceeds from the collection, featuring portraits of the Swiss Women’s National Team, will be donated to support women’s football in Switzerland.
UBS’s acquisition of Credit Suisse brings some good and bad for crypto
Many in Switzerland have said that UBS’ takeover of Credit Suisse was necessary to avoid a calamitous banking crisis like that seen in 2008.
The impact of the Credit Suisse bank crisis on the crypto market
Cointelegraph analyst and writer Marcel Pechman explains how the Credit Suisse bank crisis will impact the crypto market.
Why is Bitcoin rising amid collapsing banks? Watch The Market Report
On this week’s episode of The Market Report, Cointelegraph’s resident expert explains why Bitcoin is rising and why banks are collapsing.
The Credit Suisse Buyout and the Lingering Risks to the Banking Sector
UBS Group doubles offer and acquires Credit Suisse for $2B
Swiss authorities agreed to change the country’s regulations to bypass a shareholder vote and announce the deal over the weekend.
Credit Suisse rescue plan may include nationalization, bondholder losses
A bank rescue plan for Credit Suisse may impose losses on its bondholders and even result in a full or partial nationalization of Credit Suisse Group AG.
This Crisis Will Define the Future of Money
The recent collapse of three high-profile banks – Silicon Valley Bank, Silvergate Bank and Signature Bank – has caused worrying outflows at hundreds of regional banks. Now, with the U.S. Federal Reserve creating a new backstop facility reportedly worth $2 trillion and Switzerland’s central bank bailing out Credit Suisse to the tune of $54 billion, the echoes of prior crisis in 2008 and 2013 are loud.
Let First Republic and Credit Suisse burn
Silicon Valley Bank and Signature Bank set off a cascade among banks that haven’t been handling their finances responsibly. Let them face the consequences.
Let First Republic and Credit Suisse burn
Silicon Valley Bank and Signature Bank set off a cascade among banks that haven’t been handling their finances responsibly. Let them face the consequences.
Bitcoin Is a Clear Winner of the U.S. Banking Crisis
The narratives around bank failures, stablecoins and interest rate hikes seem strong enough to propel the price of bitcoin, says CoinDesk’s George Kaloudis.
Bitcoin Holds Steady Above $24.5K as European Banking Crisis Eases
BTC has remained in a range between $24,200 and $25,200 over the past 24 hours. Investors are hoping the Federal Reserve relaxes its recent monetary hawkishness.
Bitcoin returns to $25K as Credit Suisse bailout precedes EU rate hike move
A day of important macroeconomic news both in the U.S. and Europe sees BTC price action circling the all-important $25,000 zone.
Bitcoin Slides Below $24.5K as European Banking Woes Spook Investors
BTC dropped as low as $23,946 Wednesday midday before pulling back above the $24,000 mark. Equity markets also struggled on the Swiss banking giant news.
Swiss National Bank says it would support credit Suisse if necessary
Swiss regulators reaffirm the soundness of the Swiss financial system, following recent concerns about Credit Suisse.
Price analysis 3/15: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, SHIB
Credit Suisse has pulled the U.S. equities markets lower, but a positive sign is that Bitcoin and select altcoins are holding near their local highs.
Bitcoin rejects at $25K as US PPI data meets Credit Suisse meltdown
BTC price attempts to break towards the week’s highs, but a charging U.S. dollar creates some serious friction for Bitcoin bulls.
BTC price still not at ‘max pain’ — 5 things to know in Bitcoin this week
Bitcoin has plenty of obstacles to weather in the current macro storm as two-year weekly close lows remain inches away.