A Brinks armored truck sits parked in front of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. Justin Sullivan | Getty Images On Wednesday, Silicon V...
Tag: Collapse
What does the Silvergate collapse mean for crypto?
The collapse of crypto-friendly bank Silvergate will likley have a significant impact on the crypto ecosystem and its ties with the banking sector in the U.S. Earlier this week, the parent company of...
Bitcoin long-term holders capitulate at levels seen during FTX collapse
Quick Take Bitcoin long-term holders (LTHs) are defined as investors who have held Bitcoin for longer than six months and are considered the smart money of the ecosystem. Typically they will buy Bitco...
5 Cryptos That Suffered During Altcoin Market Collapse
BeInCrypto looks at the five biggest altcoins losers in the entire cryptocurrency market this week, specifically from March 3 to 10. The altcoins that have fallen the most in the entire altcoin market...
Bitcoin slips under $20K amid Biden budget, Silvergate collapse
The price of the Bitcoin (BTC) briefly slipped below $20,000 for the first time in nearly two months, following the latest budget from United States President Joe Biden and the collapse of “cryp...
Dow Plunges Over 500 Points As Bank Stocks Collapse
Topline Major stock indexes fell on Thursday as shares of banks across the nation collapsed following a stark warning from one of Silicon Valley’s biggest lenders, which said it hopes to raise b...
Bitcoin Volume Takes A Hit in the wake of Silvergate’s Collapse: Can It Bounce Back?
Bitcoin traders are taking a breather as the market digests the collapse of Silvergate Bank, one of the major fiat payment rails in the crypto market. The bank culminated in its “voluntary liquidation...
Silvergate Capital will liquidate after crypto collapse wipes out bank
Silvergate Capital (SI) said Wednesday afternoon it will wind down operations and voluntarily liquidate its bank after a collapse in the crypto market saw billions in deposits leave the bank in recent...
European Asset Manager Believes Bitcoin is Not Doomed Despite Industry Collapse
Despite the recent collapse of the cryptocurrency industry, one major European asset manager, Amundi, believes that digital assets like Bitcoin still have potential. In a recent thematic paper analyzi...
Silvergate’s Collapse May Spell Regulatory Trouble for Crypto
Join the most important conversation in crypto and web3! Secure your seat today Silvergate Bank had a really rough week, to the point where a not-insignificant number of people were waiting for the Fe...
Impact of the Silvergate collapse on crypto — Watch The Market Report live
This week on The Market Report, the resident experts at Cointelegraph discuss all the details regarding Silvergate and its impact on the crypto market so far. We kick things off with this week’s top s...
Justice Department Pushes for Independent Investigation of FTX Collapse
The U.S. Trustee in FTX’s bankruptcy case pushed back against a recent court order by Judge John Dorsey Monday, filing an appeal against the judge’s decision not to appoint an independent examiner to ...
After Nailing 2022 Collapse, Billionaire Chamath Palihapitiya Warns Stock Market in Midst of Worst Earnings Gap in 30 Years
Billionaire Chamath Palihapitiya is issuing a warning to investors, saying that the fundamentals of the US stock market are starting to look shaky. In a new All-In Podcast episode, Palihapitiya, who n...
Could The Housing Market Collapse Again? Recovery Talk ‘Premature’ After Mortgage Rates Surge Past 7%
Topline As fears of inflation push mortgage rates back toward multi-decade highs, economists are warning the resurgence in borrowing costs will deal another blow to the precarious housing market, driv...
‘Rich Dad’ Robert Kiyosaki warns global economy on the verge of collapse
Robert Kiyosaki, author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ has issued another gloomy outlook for the global economy, which he maintains is on the verge of collapsing. Acco...
Economic collapse near warns Robert Kiyosaki
As the world economy slows, best-selling author Robert Kiyosaki advises investors to prepare for the worst by investing in real silver coins instead of crypto, sparking a debate about the future of di...
Robert Kiyosaki Says World Economy on the Verge of Collapse — Warns of Bank Runs, Frozen Savings, Bail-Ins – Economics Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says the world economy is on the verge of collapse. He warned investors about the risks of bank runs, frozen savings, and...
3AC Collapse Costs DCG $1B
The Digital Currency Group (DCG) has reported losses worth $1 billion in 2022 in the aftermath of the collapse of Three Arrows Capital (3AC). 3AC Owes DCG $2B DCG recently released the investor repor...
Economist Peter Schiff Warns the Fed Could Be Fighting ‘Complete Economic Collapse’ – Economics Bitcoin News
Economist Peter Schiff has predicted that the U.S. Federal Reserve will ultimately throw in the towel on its inflation fight to confront “something it fears even more, which is a complete economic col...
DCG losses top $1B on the back of 3AC collapse in 2022
Cryptocurrency venture capital conglomerate Digital Currency Group (DCG) has reported losses of over $1 billion in 2022 due largely to the contagion relating to the collapse of the crypto hedge fund T...
US Durables not so durable; Commercial aircraft orders collapse in January
Preliminary data on Durables, goods that are expected to have a life of at least three years tumbled 4.5% MoM in January, registering the lowest print since April 2020. This was lower than market esti...
Stock Market At ‘Critical’ Level And Braced For ‘High Risk’ Of Collapse In March—Here’s What Investors Should Know
Topline After a slew of data showing the economy in a much more precarious position than previously believed, the stock market could be poised for another forceful plunge in March, according to Morgan...
Bitcoin Correlation With The S&P 500 Falls To FTX Collapse Levels, But Why?
Bitcoin over the years has shown an increasingly strong positive correlation with the S&P 500 and other major US stock market indexes. When the correlation weakens and turns negative, price movem...
Coinbase Reports Revenue Increase in Q4 Despite FTX Collapse
Cryptocurrency exchange Coinbase reported revenue increased slightly from the previous quarter, capping off a year that saw the exchange’s business model stymied by depressed digital asset prices. Com...
FTX Collapse Was A Boom For Other Exchanges, Research Shows
Join Our Telegram channel to stay up to date on breaking news coverage The collapse of the giant cryptocurrency exchange FTX has been good for industry competitors, as trading on major exchanges boome...
Hedge Funds Battle to Survive After FTX Exchange Collapse
Some hedge funds were able to weather the storm and remain solvent despite being adversely affected by the failure of the FTX exchange, while others were forced to make the decision to liquidate their...
CoinShares’ Earnings Take Severe Hit Due to FTX Collapse: Q4 Report
Despite the market turbulence brought about by collapses and scams, Coinshares’ Chief Executive Officer Jean-Marie Mognetti asserted that the group’s “financial health remained solid.” Its earnings di...
Crypto Fund Galois Capital Closes Firm Following the Collapse of FTX
Join Our Telegram channel to stay up to date on breaking news coverage Galois Capital, a San Francisco-based crypto investment firm, has announced that it is closing down. The firm confirmed the news ...