Coinbase explained that it is now “more important than ever” to build an inflation-tracking stablecoin that negates poor monetary policy decisions of central banks. Crypto exchange Coinbase sees inflation-pegged “flatcoins” as one of four “critical” innovations that should be built on its recently launched layer-2 network Base. The other three include an on-chain reputation system,…
The deal was announced on March 26 by the Federal Deposit Insurance Corporation (FDIC). North Carolina-based First Citizens Bank is set to acquire all deposits and loans of Silicon Valley Bank, according to a statement from the Federal Deposit and Insurance Corporation (FDIC). Under a March 26 purchase and assumption agreement, 17 former branches of Silicon Valley…
BTC price action is copying historical patterns to deliver a classic Bitcoin bull market comeback, says Rekt Capital. Bitcoin has a matter of days to go before beginning a new macro uptrend, the latest analysis says. In his latest tweet, popular trader and analyst Rekt Capital flagged a key monthly close in the making for BTC/USD….