Some of the biggest firms in crypto have denied exposure to any of the failed banks in the United States.
Powered by WPeMatico
Auto Added by WPeMatico
Some of the biggest firms in crypto have denied exposure to any of the failed banks in the United States.
Powered by WPeMatico
Federal Reserve chair Jerome Powell said a “careful and thoughtful” review is needed to understand how the bank collapsed under its watch.
Powered by WPeMatico
Elizabeth Warren and Sherrod Brown didn’t miss a chance to attack the crypto industry after bank failures.
Powered by WPeMatico
Fear and trepidation spread across the crypto market last week following the high-profile collapses of Silvergate Bank and Silicon Valley Bank.
Powered by WPeMatico
Bitcoin price is up nearly 20% in days as Wall Street opens to multiple bank stocks halted over extreme losses.
Powered by WPeMatico
The market frenzy that started with the Silicon Valley Bank collapse is pushing BTC price higher but with some casualties left behind.
Powered by WPeMatico
Positive developments concerning Circle’s $3.3 billion worth of reserves held at Silicon Valley Bank and its new banking partners have seen USDC climb back toward its $1 peg.
Powered by WPeMatico
Bitcoin recovers from the depegging of USDC, the second-largest stablecoin, from the U.S. dollar.
Powered by WPeMatico
Circle joined other customers and depositors in calling for the continuity of SVB in the US economy.
Powered by WPeMatico
BlockFi’s capital allocated to the money market mutual fund is not FDIC insured, however the fund doesn’t appear to be managed by Silicon Valley Bank.
Powered by WPeMatico