SVB – DIGIT INFO

Startups can hedge bank risk with Bitcoin — Tim Draper

DIGIT — Thu, 06 Jun 2024 14:15:00 +0000

The fall of Silicon Valley Bank prompted Venture Capitalist Tim Draper to tell the firms he’d invested in to buy Bitcoin.

Go to Source

Bitcoin’s funding rate flattens, but should BTC bulls rejoice and buy the dips?

DIGIT — Thu, 25 Apr 2024 20:16:04 +0000

Bitcoin bulls tend to celebrate when BTC’s funding rate is negative, but is it really a “generational buying opportunity?”

Go to Source

Bitcoin’s inflation-hedge theory tested as rising interest rates bring turbulence to markets

DIGIT — Fri, 29 Sep 2023 20:11:03 +0000

The losses on US Treasuries recently surpassed $1.5 trillion and the likely outcome is turbulent markets, but how will Bitcoin price fare?

Go to Source

Crypto Biz: Bidding war for SVB Capital, new crypto funds and Citi’s private blockchain

DIGIT — Fri, 22 Sep 2023 21:15:02 +0000

This week’s Crypto Biz explores SVB Capital bids, new funds from Blockchain Capital, the Hut 8-US Bitcoin merger and Citigroup’s private blockchain.

Go to Source

BTC bull market began in March, more will realize in a year: Arthur Hayes

DIGIT — Tue, 05 Sep 2023 08:30:05 +0000

The BitMEX co-founder says Bitcoin’s been on a bull run since the Fed’s $25 billion dollar program aimed at stabilizing the U.S. banking system.

Go to Source

Fed, NYDFS assess their supervisory performance after March’s big bank failures

DIGIT — Fri, 28 Apr 2023 21:50:00 +0000

Internal reviews of the supervision of Silicon Valley Bank and Signature Bank have been released, showing weaknesses on the part of the banks’ regulators as well as management.

Go to Source

NFT markets are out of balance, with sellers dominating: Data

DIGIT — Thu, 27 Apr 2023 08:05:17 +0000

In April there hasn’t been a single day where total sellers on the market haven’t exceeded total buyers.

Go to Source

US Treasury seeks to tighten nonbank rules following banking crisis

DIGIT — Mon, 24 Apr 2023 06:54:56 +0000

Janet Yellen called for further regulation of nonbank institutions claiming they pose a systemic risk to U.S. financial stability.

Go to Source

Tether ‘unequivocally reiterates’ no exposure to Signature Bank

DIGIT — Wed, 05 Apr 2023 13:15:00 +0000

The stablecoin provider denied the allegations that began to surface in regard to its exposure to the now-collapsed Signature Bank.

Go to Source

Former Treasury Official Issues Dire Warning, Bill Ackman Fears Economic ‘Train Wreck,’ US Gov. Remains Top BTC Holder, and More — Week in Review

DIGIT — Sun, 02 Apr 2023 13:04:58 +0000

Warnings continue to pervade market and financial news this week, with Monica Crowley, former assistant secretary for public affairs for the U.S. Department of the Treasury, indicating “catastrophic” consequences if the U.S. dollar loses its status as the world’s reserve currency. In related news, billionaire Bill Ackman warned that the U.S. economy is “heading for […]

Go to Source