Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry

Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes are in decline as

Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market Cap

Pepe (PEPE), the meme coin featuring the popular character Pepe the Frog, has experienced a significant surge in value in the past week, rising by 152.9% против США. доллар. Recent statistics indicate that PEPEs market capitalization has surged from $141

Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork

Following the Shapella hard fork on April 12, 2023, approximately 332,368 Категория, valued at around $699 миллион, has been withdrawn. Despite these withdrawals, liquid staking protocols like Lido, Rocketpool, and others have experienced an increase in ether deposits over the last

Analysts Suspect Banking Crisis Triggered ‘Resting Bull Market’ in Gold, Silver Could Print Much Higher Gains

At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 за единицу. Seven days later, gold rose 9.65% против США. dollar to the current spot price of $1,988 per ounce. Golds rise comes

Биткойн, Технический анализ Эфириума: BTC Above $20,000, ETH Beyond $1,400 on Saturday

Bitcoin rose back above $20,000 on Saturday, despite markets still being spooked by the collapse of yet another banking institution. Silicon Valley Bank was shut down by U.S. regulators on Friday, causing many institutions to lose access to capital. This includes

Silicon Valley Bank Faces Financial Woes as Stock Is Halted, Sells $21 Billion Bond Portfolio at a $1.8 Billion Loss

Категория 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% in the last 24 часы. SVB was forced to sell a $21 billion bond portfolio at a $1.8

Биткойн, Технический анализ Эфириума: BTC Consolidates Recent Losses to Start the Weekend

Bitcoin consolidated recent losses on March 4, as cryptocurrency markets marginally stabilized from Fridays sell-off. Prices plunged to a two-week low in yesterday’сеанс, however sentiment has somewhat shifted. Ethereum also recovered, moving back into the green to start the weekend….

Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year

Биткойн’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, на высоте блока #778,176, достижение 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The networks difficulty increased by 9.95%, which is the second-largest

Stablecoin Market Sees Supply Increase for Tether as Competitors Decline in Light of Recent Regulatory Developments

While the stablecoin market has seen significant redemptions in the past three months, the supply of tether, the largest stablecoin by market capitalization, has increased by 2.46 billion since mid-November 2022. Tether is the only one of the top five stablecoins

FTX and Alameda Research Collapse Sad Event but ‘Good for the Long Run’ Says DWF Labs Managing Partner

While the collapse of the crypto exchange FTX and its affiliate Alameda Research is thought to have left many crypto players, including market makers, in the worst possible position, according to Andrei Grachev, managing partner at DWF Labs, this incident may