SVB collapsed last week following a $42 billion bank run after it announced plans to sell $2.24 billion in new shares.

The latest price moves in bitcoin (BTC) and crypto markets in context for March 14, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto

Banking sector stress strengthens the case for Fed pause next week. Likely beneficiaries from the financial stress are gold and bitcoin, one observer said.

The bug pertains to the way peer-to-peer communications are conducted on blockchain networks, such as Litecoin and Zcash.

Major banks are still willing to work with crypto firms though they may implement service restrictions, according to messages viewed by CoinDesk.

On Saturday, India’s crypto industry pulled off a near coup by bringing senior leaders from India’s ruling party and the opposition benches to an event to engage in serious discussions.

Traders seek options to hedge against market volatility as U.S. bank failures triggered sharp repricing of interest rate expectations.

USDC depegged over the weekend to 89 cents, and a Buterin-labeled wallet may have bought the dip.

The largest cryptocurrency was trading at just over $24,700 during the Asian morning hours on Tuesday.

The exchange denies that any of the tokens former Coinbase manager Ishan Wahi inside-traded with associates were securities because Coinbase doesn’t list securities – but it would like to if