US Fed faces internal probe over Silicon Valley Bank failure
Federal Reserve chair Jerome Powell said a “careful and thoughtful” review is needed to understand how the bank collapsed under its watch.
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US bank bloodbath: Bitcoin hits $23.7K as BTC price analyst call SVB dip ‘bear trap’
Bitcoin price is up nearly 20% in days as Wall Street opens to multiple bank stocks halted over extreme losses.
Fed starts ‘stealth QE’ — 5 things to know in Bitcoin this week
Bitcoin and crypto react bullishly to news that the Fed is providing liquidity again in the wake of Silicon Valley Bank failing and Signature Bank being closed.
‘Nobody left to bank crypto companies’ — Crypto Twitter reacts
Prominent members of the crypto community have expressed uncertainty after the loss of crypto friendly banks.
US Fed announces $25B in funding to backstop banks
The Federal Reserve established a funding program for banks, making $25 billion available to eligible firms in a bid to avoid further banking liquidity issues.
Breaking: Signature Bank closed by New York banking authorities
The New-York-based bank, which is also known to serve a number of crypto firms, was shut down by state regulators, according to a Federal Reserve announcement.
Bill Ackman warns US gov’t: Fix mistake in ‘48 hours’ or face ‘destruction’
Billionaire Bill Ackman said that SVB’s senior management made a “basic mistake” but should be fired.
Silicon Valley Bank failure could trigger run on U.S. regional banks
A petition urging regulators to step in claims that nearly 40,000 of all depositors at Silicon Valley Bank are small businesses.
How does a stock’s price-to-earnings ratio relate to cryptocurrencies?
Cointelegraph analyst and writer Marcel Pechman explains how price-to-earnings ratios relate to cryptocurrency markets.
Bitcoin clings to $22K as US dollar strength rises to December levels — What’s next?
Bitcoin threatens to remove $22,000 as support as BTC price suffers against a booming DXY.
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