According to market capitalization, Bitcoin is the most valuable digital asset, but in the past day, its price has dropped by 6.5%. In spite of this, it has increased by 9.6% week over week and has surpassed the market capitalization of the enormous payments company Visa. The market value of Bitcoin is still less than that of Meta (previously Facebook), which is $499.66 billion at the moment. Its market capitalization must rise by $30.06 billion in order to surpass Meta’s and move up to the position of the 11th largest asset in the world according to valuation. Gold, Apple, Microsoft, Saudi Aramco, silver, Alphabet (Google), Amazon, Berkshire Hathaway, Nvidia, and Tesla currently rank among the top ten assets by market valuation. The market value of bitcoin is currently higher than that of silver, which as of Wednesday afternoon was worth $1.245 trillion. To surpass silver, bitcoin’s market valuation would need to increase by approximately $775.4 billion. News Sorce

More than 280 blockchain networks could be vulnerable to “zero-day” exploits, according to Halborn, which could endanger at least $25 billion worth of cryptocurrency. It discovered three flaws, the “most critical” of which enables an attacker to shut down individual nodes by sending them specially crafted malicious consensus messages. Other zero-day flaws it discovered could be used by potential attackers to send Remote Procedure Call (RPC) requests that would crash blockchain nodes. The vulnerabilities have already been patched in Dogecoin, Zcash, and Litecoin. News Sorce

Litecoin (LTC) rose by as much as 15% in Tuesday’s session, as markets reacted to the latest inflation report from the US. Dogecoin (DOGE), a meme coin, also increased recent gains, rising for a fifth straight day. If price strength continues beyond this level, LTC bulls will probably try to reach $90.00. LTC/USD has risen to a seven-day high, breaking out of a ceiling at $85.00. The relative strength index (RSI) for the past 14 days has increased to 49.53, its highest level since March 2. News Sorce

Since the launch of Bitcoin futures on the CME, 550,000 contracts have been traded, and the introduction of BTC event contracts gives investors a less expensive way to trade their predictions of whether the price of Bitcoin will go up or down. The SEC rejected VanEck’s application for a spot Bitcoin trust, and Grayscale’s legal action against the SEC is still pending. News Sorce

A crypto-friendly bank called Signature Bank has been taken over by the New York Department of Financial Services after being closed down by New York regulators owing to “systemic risk” (NYDFS). The purpose of the move, according to the Federal Reserve, was to safeguard the US economy and boost public confidence in the banking system. In 2022, an AI cryptocurrency platform produced 17 winning alerts each month. All Signature Bank depositors are being backed up by the Federal Reserve, ensuring that the American banking system will continue to safeguard deposits and offer access to credit. Senior management has been fired, and holders of some unsecured debt will not be protected. As of December 31, Signature Bank had $88.6 billion in deposits and was regarded as one of the banks that was more crypto-friendly.Silvergate Bank announced last week that it would shut down and voluntarily liquidate due to recent industry and regulatory developments. News Sorce

As bulls returned to the market to purchase the recent slump, Solana recovered from a two-month low to start the weekend. Another significant mover on Saturday was Polygon, whose price increased by about 7%. The relative strength index (RSI), which found support at the 30.00 mark, aided Solana. Although Polygon has lost almost 12% of its value in the past week, it may soon find a floor. News Sorce

Customers have been reminded by Coinbase that its staking services would remain available and “may actually increase.” Coinbase expressly emphasizes in a new client communication that consumers receive rewards through decentralized protocols rather than the exchange itself. This distinction between protocol rewards and providing services appears to be an attempt to avoid any potential gray area problems that rival exchange Kraken recently encountered. For allegedly failing to register its staking-as-a-service operation with the SEC, Kraken agreed to pay a $30 million settlement. News Sorce