First Mover Asia: Silicon Valley Bank Failure Highlights Small Banks’ Vulnerability; Bitcoin Soars Past $22.5K
After a tense Thursday and Friday, crypto investors were reassured by Federal regulators’ decision to fully restore Silicon Valley Bank.
Bitcoin News
Blockchain News
Crypto Has Just Been Reminded About the Importance of Banks
Although most people had a terrible year in 2020, the tech industry had a boom. Consumers were spending more time.
- by Oladapo Hapostle
- March 14, 2023
Latest News
100% Of USDC Reserves Are Safe As U.S. Gov’t Bails Out Silicon Valley Bank
Financial markets have been tumultuous. In particular, for USDC stablecoin and Silicon Valley Bank and its stakeholders, since the lender.
- by Oladapo Hapostle
- March 14, 2023
Latest News
Crypto Market Rallies on FDIC Banking Intervention, USDC Regains Dollar Peg
All cryptocurrencies’ market capitalization has surpassed $1 trillion once again. The damaged cryptocurrency market turned green after a joint statement.
- by Oladapo Hapostle
- March 14, 2023
Latest News
USDC Stablecoin and Crypto Market Go Haywire After Silicon Valley Bank Collapses
The crisis surrounding cryptocurrencies kicked into high gear early on Saturday morning after the collapse of Silicon Valley Bank (SVB),.
- by Oladapo Hapostle
- March 12, 2023
Blockchain News
Silicon Valley Bank Collapse Hammers Dogecoin Price Down 11% – More Pain For DOGE?
Once Silicon Valley Bank collapsed on Friday morning due to a bank run and capital problem, Dogecoin (DOGE) fell in.
- by Oladapo Hapostle
- March 12, 2023
Latest News
Stablecoin Issuers Seek to Diversify Banking Partners in the Wake of Silicon Valley Bank’s Meltdown
Today’s bankruptcy of California’s Silicon Valley Bank removes one lending partner from the cryptocurrency industry, increasing pressure on stablecoin producer.
- by Oladapo Hapostle
- March 12, 2023
Latest News
Crypto VC Firm Pantera Used Silicon Valley Bank as a Custodian
According to a regulatory document that was published this month, crypto-focused venture capital and investing behemoth Pantera Capital formerly owned.
- by Oladapo Hapostle
- March 12, 2023
Bitcoin News
USDC Tumbles to $0.93 as Circle Reveals $3.3 Billion Held at SVB, Tether and Binance Not Exposed
Market players are concerned about Silicon Valley Bank’s contagion after Friday’s second-largest bank collapse (SVB). Venture capitalists and crypto executives.
- by Oladapo Hapostle
- March 11, 2023
Latest News
Sen. Warren calls out ‘sham audits’ while SVB threatens crypto bankruptcy
Elizabeth Warren and Ron Wyden, both of the United States Senate, have submitted a request to the Public Company Accounting.
- by Oladapo Hapostle
- March 11, 2023
