Page 1335 – Stay sly and hodl

Silicon Valley Bank Rocks Crypto and Equity Markets Ahead of Nonfarm Payrolls

Pressure on the U.S. banking system is questioning whether the Fed can push ahead with such an aggressive tightening cycle, analysts at ING said.

Replacing Silvergate’s Network Is a Challenge for Crypto Industry: JPMorgan

Some of the services provided by Silvergate will migrate to other banks such as Signature Bank, Provident Bancorp, Metropolitan Commercial Bank and Customers Bancorp, the report said.

U.S. Treasury Department Proposes 30% Excise Tax on Crypto Mining Firms

A provision in the department’s “Greenbook,” its list of tax proposals and explanations for U.S. President Joe Biden’s budget proposal, would create a phased-in excise tax based on the costs

Huobi’s HT Token Suddenly Falls 93%, Then Rebounds Just as Quickly

Huobi’s HT token, the native token of the cryptocurrency exchange, momentarily dropped 93% on Thursday for reasons that are unclear.

What Happens If Ether Is a Security?

A recent suit filed by the New York Attorney general could have far-ranging complications for crypto exchanges that list ether and similar tokens.

Crypto Traders Suffer Over $300M of Losses in Liquidations Amid Market Crash

The largest long liquidation in at least a month suggests that Thursday’s crash in crypto prices caught traders off-guard. Bitcoin traders suffered the most losses, some $112 million in the

Bitcoin Falls Below $20K as 2023 Rally Reverses

A hawkish Fed, the demise of crypto-friendly Silvergate Bank, and a possible government sale of Silk Road-related bitcoin have investors ample reason to sell.

First Mover Asia: Bitcoin Plunges to Mid-January Levels

ALSO: CoinDesk analyst Glenn Williams writes that despite the crypto market’s recent problems, bullish sentiment seems to be prevailing among holders of futures contracts.

Justin Sun Completes $100 Million USDC Transfer to Create Huobi Liquidity Fund

Sun’s USDT is moving after Huobi’s HT Token Dropped 93% and then rebounded.

U.S. DOJ Appeals New York Judge’s Decision to Approve Voyager’s Sale to Binance.US

The appeal comes just one day after Judge Michael Wiles gave Voyager Digital the go-ahead to sell its assets to Binance.US.