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16 Mar 2023 1 minute read 6 comments Bfab
Bitcoin is up 48% this year, beating stocks and gold: As banks collapse, more inflows are coming into Bitcoin (BTC) as a hedge against the crash. Therefore, Bitcoin could be considered again the "digital gold" as per its whitepaper. Why Bitcoin is d...
14 Mar 2023 2 minute read 0 comments Bfab
After a big FUD (Fear, Doubt and Uncertainty) around the USDC depeg this weekend, the Silicon Valley Bank rescue plan has pumped the crypto market. However, nothing lasts forever, and as usual in cryptos, some traders will take profits, and a correct...
13 Mar 2023 1 minute read 1 comment Bfab
USDC depegged to 0.9 this weekend due to the collapse of its counterparty Silicon Valley Bank, which holds 7.7% of USDC reserves. Although Circle (USDC creator) managed to reassure USDC owners and USDC is almost back to its peg, it can be worthwhile...
12 Mar 2023 1 minute read 1 comment Bfab
USDC depegged to 0.9 yesterday due to the collapse of its counterparty Silicon Valley Bank, which holds 7.7% of USDC reserves. While Circle (USDC creator) tries to reassure USDC owners on the redeem of USDC at 1:1 against USD from tomorrow at the ope...
8 Mar 2023 1 minute read 4 comments Bfab
A new report from the Rousseau institute in France, which aims to prepare the future vote of the MiCA (Markets in Crypto-Assets) regulation by the European parliament in April, proposes to ban the Proof-of-Work (PoW) consensus which allows Bitcoin to...
8 Mar 2023 1 minute read 6 comments Bfab
Crypto market immediately dumped after Jerome Powell's yesterday speech, where he warned against inflation... Well, nothing new under the sun. Last week the market also suffered due to Gary Gensler's multiple attempts to regulate everything, includin...
7 Mar 2023 1 minute read 1 comment Bfab
I used to get cashback through Crypto.com card. However, after FTX collapse, I became a bit paranoid and decided to withdraw my staked CRO which automatically ended the cashback program. I moved then to Binance, but all the FUD (Fear, Uncertainty and...
6 Mar 2023 1 minute read 1 comment Bfab
As Silvergate delayed its financial report to the SEC, the cryptosphere starts to think they will soon go bankrupt. Therefore, we may wonder which cryptos could be impacted by this bankrupt. A short answer would be: all of them, including Bitcoin (BT...
3 Mar 2023 2 minute read 2 comments Bfab
You have all noticed that today crypto market is bearish. One of the reasons is due to the situation of Silvergate. By the way, it could be useful to look at the links they have with USDC and USDT... Just imagine these links are tight, it might creat...
2 Mar 2023 2 minute read 1 comment Bfab
If you invested into DeFi (Decentralized Finance), for instance on Binance Smart Chain, Polygon or Solana chain, you may know that there are some risks. One of these risks is called "rug pull". What is a rug pull? A "rug pull" is a type of scam that...
