Bitcoin rises with $30,000 in sight. The weekend could bring some wild moves.

Bitcoin and other cryptocurrencies were gaining on Friday after a volatile but dynamic week. However, Saturday and Sunday promise to be a challenge for crypto traders, with a lack of liquidity in the markets likely to exacerbate price swings. The price of Bitcoin has risen 1.5% in the past 24 hours to $28,100, bringing it … Read more

Crypto will be “finished” in the US if Coinbase loses the battle with the SEC. here’s why

Good morning! Welcome to Distributed Ledger. Meet Frances Yue, crypto reporter at MarketWatch. Coinbase crypto exchange PIECE OF MONEY said Wednesday that he received a Wells notice from the Securities and Exchange Commission, which could lead to formal charges. The SEC’s Wells notice related to an unspecified portion of the exchange’s listed digital assets, its … Read more

Signature Bank, compatible with cryptocurrencies, closed by regulators

Last updated: March 12, 2023 at 7:22 p.m. ET First published: March 12, 2023 at 6:35 p.m. ET State authorities shut down New York-based Signature Bank SBNY on Sunday after regulators shuttered Silicon Valley Bank on Friday in the biggest bank failure since the 2008 financial crisis. All Signature Bank depositors will be compensated, according … Read more