Silvergate and SVB bite the dust: Law Decoded, March 6–13.
Elizabeth Warren and Sherrod Brown didn’t miss a chance to attack the crypto industry after bank failures. Last week, another...
Day: March 13, 2023
US banks experience volatility and trading halts amid bank failures and presidential assurances
Dozens of regional banks saw share price swings that triggered trading halts as banks of all sizes feel the impact...
BlockFi in no immediate danger, despite Silicon Valley Bank exposure: Report
Christine Okike, a lawyer representing BlockFi at its bankruptcy hearing claimed that BlockFi is not in immediate danger and has...
US regulators shut down Signature Bank despite ‘no insolvency’: Report
"Regulators wanted to send a very strong anti-crypto message,” said former House of Representatives member and Signature Bank board member...
Shareholders file lawsuit against Silicon Valley Bank, alleging fraud: Report
The class-action suit was filed against Silicon Valley Bank, CEO Greg Becker and chief financial officer Daniel Beck. A group...
Coinbase Suspends BUSD Trading, As BTC Price Surges
What- Coinbase officially suspend BUSD stablecoin trading Why- This is after the platform delisted BUSD, citing liquidity concerns What Next-...
Coinbase disables trading for BUSD
Coinbase assured users that their BUSD funds will remain accessible and that they will still be able to withdraw funds...
Gemini says no funds at Signature Bank backing GUSD
The company stated that it previously had a relationship with Signature but said it no longer has funds there. Crypto...
Price analysis 3/13: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
The banking crisis in the U.S. has led to aggressive buying in Bitcoin and select altcoins, which are nearing stiff...
US bank bloodbath: Bitcoin hits $23.7K as BTC price analyst calls SVB dip ‘bear trap’
Bitcoin price is up nearly 20% in days as Wall Street opens to multiple bank stocks halted due to extreme...
Crypto investment products see largest outflows on record amid SVB collapse
Fear and trepidation spread across the crypto market last week following the high-profile collapses of Silvergate Bank and Silicon Valley...
Silicon Valley Bank Has Collapsed: Which Crypto Companies Have Been Affected?
Silicon Valley Bank has failed, leading to many losses in the tech startup industry. The event has also impacted at...
Biggest Movers: LTC, ETC 15% Higher, as Crypto Markets Rebound on Monday
Litecoin was back in the green on March 13, as cryptocurrency markets rebounded to start the week. The token rose...
FDIC Creates Bridge Banks for Failed Silicon Valley Bank and Signature Bank Clients to Access Funds
The U.S. Federal Deposit Insurance Corporation (FDIC) has announced that clients of Silicon Valley Bank (SVB) and Signature Bank (SBNY)...
Bitcoin, Ethereum Technical Analysis: BTC Back Above $22,000 as Silicon Valley Bank Depositors Are Rescued
Bitcoin moved back above $22,000, as the U.S. Treasury moved to avert a regional banking crisis, following the collapse of...
