Balita sa Industriya ng Crypto at Market Trends

Regulators seize Signature Bank in third-largest US bank failure

Kabuhayan　　Regulators seize Signature Bank in third-largest US bank failure　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Regulators seized New York regional bank Signature Bank (SBNY) two days after shutting down Silicon Valley Bank as overseers of the banking system try to restore calm before markets open Monday.　　Signature becomes the third-largest bank to ever fail in the U.S., behind Silicon Valley Bank and Washington Mutual in 2008, if its assets havent changed significantly since the end of 2022. Signature had $110 billion in assets as of Dec. 31, ranking 29th among U.S. banks. It had $88 billion in deposits as of that date.　　A joint statement from the Treasury Department Secretary Janet Yellen, Federal Reserve Chair Jerome Powell and FDIC Chair Martin Gruenberg said that all deposit holders would be made whole, citing a “systemic risk exemption” that is also being applied to Silicon Valley Bank, but that shareholders and certain unsecured debtholders will not be protected. Senior management, they said, had been removed.　　A worker arrives to the Signature Bank headquarters in New York City, U.S., March 12, 2023. REUTERS/Eduardo Munoz　　Any losses to the FDICs Deposit Insurance Fund to support depositors who exceeded the $250,000-protected limit, they added, “will be recovered by a

2023-03-13Industriya

US Says All SVB Deposits Safe, Creates New Backstop for Banks

Kabuhayan　　US Says All SVB Deposits Safe, Creates New Backstop for Banks　　27 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　(Bloomberg) — US financial regulators moved on Sunday to protect depositors funds following the collapse of Silicon Valley Bank and set up a new financial backstop, seeking to stem fears that households and businesses would flee smaller lenders.　　Karamihan Basahin mula sa Bloomberg　　The Treasury Department, Federal Reserve and Federal Deposit Insurance Corp. jointly announced the efforts Sunday aimed at strengthening confidence in the banking system after SVBs failure spurred concern about spillover effects.　　SVB‘s collapse into FDIC receivership — the second-largest US bank failure in history behind Washington Mutual in 2008 — came suddenly on Friday, following a frenetic couple of days where its long-established customer base of tech startups yanked deposits. After SVB’s collapse, a number of other regional lenders saw their shares plunge amid concerns about the financial stability of smaller banks.　　Treasury Secretary Janet Yellen said the actions will protect “all depositors,” signaling aid to those whose accounts exceed the typical $250,000 threshold for FDIC insurance.　　SVB depositors “will have access to all of their money starting Monday, March 13,” the government said in a statement, adding that taxpayers won‘t be responsible for any

2023-03-13Industriya

FC Barcelona Coach Xavi Addresses ‘Hostility’ From Athletic Bilbao Fans And Protests Over Referee Payments

Kabuhayan　　Sinagot ni FC Barcelona Coach Xavi ang Poot Mula sa Mga Tagahanga ng Athletic Bilbao At Nagprotesta Tungkol sa Mga Pagbabayad ng Referee　　24 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Xavi Hernandez has responded to Athletic Bilbao fans and their protests against FC Barcelona.　　Ang Europa Press sa pamamagitan ng Getty Images　　FC Barcelona head coach Xavi Hernandez has responded to a protest from Athletic Bilbao fans against Barca‘s charges for “continued corruption” in a referee payments scandal during his team’s 1-0 win over the Basque club.　　Barca were charged on Friday by the provincial prosecutors office in Barcelona with “continued corruption between individuals in the sports field”.　　It is said that they allegedly paid over $7 million to the Former Vice President of the Referees Committee Jose Maria Enriquez Negreira from 2001 to 2018, but Barca deny wrongdoing and insist that any payments made were for consultation work.　　On Sunday, as Barca beat Athletic Club 1-0 with a first half goal from Raphinha, the home fans threw around fake bills with “MAFIA$” written on them.　　Reacting to the incident, Xavi said that he respects the crowd at San Mames, as they “have always treated me well”. But he also added that todays atmosphere “surprises me and

2023-03-13Industriya

Ripple CEO assures ‘strong financial position’ despite SVB collapse

Teknolohiya　　Ripple CEO assures ‘strong financial position’ despite SVB collapse　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ripple CEO Brad Garlinghouse took to Twitter on Mar. 12 to discuss the company‘s exposure to Silicon Valley Bank (SVB) and reassure his followers of Ripple’s stability.　　Ripple had exposure to SVB, Garlinghouse said, but “we expect NO disruption to our day-to-day business, and already held a majority of our USD w/ a broader network of bank partners.”　　His short tweet thread was intended to reassure users. “Rest assured, Ripple remains in a strong financial position,” he tweeted.　　Setting the record straight on SVB Qs:　　Ripple had some exposure to SVB – it was a banking partner, and held some of our cash balance. Fortunately, we expect NO disruption to our day-to-day business, and already held a majority of our USD w/ a broader network of bank partners.　　- Brad Garlinghouse (@bgarlinghouse) Marso 12, 2023　　Garlinghouse did not specify the amount of cash the company had in SVB.　　Many Twitter users responding to the thread reacted positively to the statement:　　“I never doubted you or @Ripple to have taken proper risk management,” one user wrote.　　I never doubted you or @ Ripple to have taken proper risk management. Thank you for the statement.　　Ripple chief

2023-03-13Industriya

Treasury, Fed and FDIC joint statement on SVB and Signature Bank: full text

Kabuhayan　　Treasury, Fed at FDIC joint statement sa SVB at Signature Bank: buong text　　13 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　U.S. financial regulators on Sunday said Silicon Valley Bank　　SIVB,　　-60.41%　　depositors would have access to “all their money” starting Monday and that no losses associated with the banks resolution would be borne by U.S. taxpayers.　　Read the full statement from the Treasury, Federal Reserve and Federal Deposit Insurance Corporation.:　　Washington, DC — The following statement was released by Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell, and FDIC Chairman Martin J. Gruenberg:　　Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system. This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner that promotes strong and sustainable economic growth.　　After receiving a recommendation from the boards of the FDIC and the Federal Reserve, and consulting with the President, Secretary Yellen approved actions enabling the FDIC to complete its resolution of Silicon Valley Bank, Santa Clara, California, in a manner that fully protects all depositors. Depositors will have access to all of their

2023-03-13Industriya

The U.S. Must Go All In On Financing Natural Gas

Kabuhayan　　Ang US ay Dapat Maging Lahat Sa Pagpopondo ng Natural Gas　　7 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Cheniere Energy President and CEO Jack Fusco, right, is applauded as he rings the opening bell of　　Copyright 2019 The Associated Press. Lahat ng karapatan ay nakalaan　　My apologies up front for going long here, but do a printout because I find this one that important.　　I knew I was right.　　CERAWeek last week confirmed our most fundamental energy reality: if there is anything that we‘ve learned from Russia’s illegal invasion of Ukraine over the past year, its just how indispensable natural gas is.　　Gas is the worlds go-to fuel, and energy security and affordability are finally being realized as every bit as integral as climate change considerations in our energy-climate discussion.　　The timing of CERAWeek was perfect as well, as it came just days after our flagship Chenieres giant Sabine Pass (~5 Bcf/d) liquefied natural gas (LNG) export terminal in Louisiana celebrated its seventh year anniversary by shipping its 2,000th kargamento.　　Natural gas is being shown as much more than a “bridge fuel” but as a destination fuel to a clean, affordable, and reliable energy system to lower emissions while also meeting the demands of a constantly growing economy

2023-03-13Industriya

US Fed announces $25B in funding to backstop banks

Teknolohiya　　US Fed announces $25B in funding to backstop banks　　3 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Hot on the heels of several United States bank collapses, the Federal Reserve has announced $25 billion worth of funding aimed at backstopping banks and other depository firms.　　The funds would ensure that “eligible banks” would have enough liquidity to cover the needs of their customers during times of turmoil.　　Sa isang Mar. 12 pahayag, the Federal Reserve said it created a $25 billion Bank Term Funding Program (BTFP) offering loans of up to one year to banks.　　It said it would be an “additional source of liquidity against high-quality securities, eliminating an institutions need to quickly sell those securities in times of stress.”　　It comes as Silicon Valley Bank (SVB) announced on Mar. 8 a significant sale of assets and stocks aimed at raising additional capital which panicked depositors and triggered a run on the bank.　　The bank run contaminated the crypto space as stablecoin issuer Circle disclosed it nagkaroon ng $3.3 bilyon sa SVB, causing further panic and resulting in its stablecoin USD Coin (USDC) nawawala ang peg nito sa US dollar.　　It also comes on the same day that regulators closed New York-based Signature Bank, citing systemic risk.　　Ito

2023-03-13Industriya

Messi Invests in a Web3 Soccer-based Game Startup Named Matchday

In a surprising move, the legendary football player Lionel Messi has backed the web3 soccer game startup Matchday in a whopping $21 million funding round. The blockchain-based firm that aims to transform the virtual football industry is rumored to have received a sizeable investment from the Argentina star.　　A group of seasoned game developers and blockchain specialists formed Matchday because they recognized an opportunity to make a new soccer game that would be more immersive, realistic, and fun than anything else on the market. Matchday seeks to build a decentralized gaming ecosystem where players can own and control their digital assets by utilizing the strength of web3 and blockchain.　　Ang pamumuhunan sa pamamagitan ng Messi, widely regarded as one of the greatest football players of all time, is a significant vote of confidence for Matchday and its vision. Additionally, it highlights the potential and growing interest in web3 technology, which is positioned to revolutionize several markets, including gaming, finance, and social media.　　The Potential of Web3 and Blockchain-Based Gaming　　Messi emphasized his enthusiasm for the undertaking and his confidence in it. Via this undertaking, he joyfully expresses his enthusiasm and longing for two things he loves– football and video games, and Matchday innovatively combines

2023-03-12Industriya

Circle Issues Update Amid Stablecoin Volatility; Firm Is Prepared to Stand Behind USDC and Cover Any Shortfall – Bitcoin News

On Saturday, March 11, 2023, Circle Financial updated the public about its stablecoin, USDC, and noted that the stablecoin‘s liquidity operations will resume normally on Monday morning in the United States. Circle said that the company’s teams would be ready on Monday to “handle significant volume” and that the firm will “stand behind USDC and cover any shortfall using corporate resources, involving external capital if necessary.”　　Circle Financial Confident in USDC Stability Despite SVB Failure　　Circle, the issuer of the second-largest stablecoin by market capitalization, usd coin (USDC), hinarap sa publiko on Saturday, noting that the firm will be ready on Monday to “handle significant volume.” The company discussed the failure of Silicon Valley Bank (SVB) and also emphasized the USDCs “strong liquidity and reserve assets.” On Monday, the stablecoin issuer noted, “USDC will remain redeemable 1-for-1 with the U.S. dollar.”　　While usd coin (USDC) is a crypto asset that operates 24/7 on various blockchains, Circle emphasized that “issuance and redemption is constrained by the working hours of the U.S. banking system.” Circles stablecoin USDC dropped to a low of $0.877 per unit on Saturday, March 11, 2023, at 3:02 a.m. ET. Following the announcement from Circle, USDC managed to rise 10% higher,

2023-03-12Bitcoin

ETH stumbles below $1,500, with a bearish bias – Cryptopolitan

Ethereum price analysis for today shows ETH has been consolidating around $1,403.96 to $1,450 in the last 24 hours. The current price of Ethereum is $1,403.96, and the 24-hour volume is at $14.5 billion. On the downside, key support levels lie at $1,400 and $1,350 if the bulls fail to defend the lower boundary of the range. A break below this zone could spark further losses toward $1,200.On the upside, if the bulls manage to push the price beyond $1,500 and gain strength above this level, there is a chance of Ethereum trading toward the next resistance levels at $1,600 and $1,700. However, for this scenario to play out, ETH will first have to break above the $1,480 resistance.　　Heatmap ng mga presyo ng Cryptocurrencies: Coin360　　Ethereum presyo analysis on a daily chart indicates ETH has remained above $1,400 for most of the day, trading inside a triangle pattern with resistance at $1,500 and support at $1,400. The Relative Strength Index (RSI) is indicating that the bulls have the upper hand with a reading of 53. However, it remains to be seen if they can break above the triangle resistances in order to take Ethereums price higher. On the downside, the triangle

2023-03-12Ethereum

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