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.
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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 Bank.
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.
Bitcoin price flash spikes to $50K on Binance after USD Coin peg snaps
The market frenzy that started with the Silicon Valley Bank collapse is pushing BTC price higher but with some casualties left behind.
USDC bounces back toward $1 peg after Fed announcement
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.
Bitcoin price spikes to ‘$26K’ in USDC terms — How high can the BTC short squeeze go?
Bitcoin recovers from the USDC’s depeg from the U.S. dollar.
Circle discloses $3.3B tied up at Silicon Valley Bank
Circle joined other customers and depositors in calling for the continuity of SVB in the US economy.
Filing shows BlockFi has uninsured $227M in Silicon Valley Bank MMMF
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.
$920B is the number to watch now that crypto’s trillion dollar total market cap is gone
The crypto market is taking a walloping, and there are three important reasons why BTC’s $380 billion valuation is a key support for the entire market.
Silvergate Capital Corporation will ‘voluntarily liquidate’ Silvergate Bank
The company claimed that the bank's voluntary liquidation is its best path forward due to recent industry and regulatory developments.