The recent banking crisis in the U.S., which resulted in losing three crypto-friendly banks, Silvergate Capital, Silicon Valley Bank, and Signature Bank, has raised concerns among U.S.-based firms. A...
Tag: Crisis
Banking Crisis Won’t Leave Crypto Industry Unbanked Despite Short-Term Pain
Regardless of the final outcome, every bear cycle in crypto has experienced such conundrums, and came out stronger, Xu said. “Having been in this industry for as long as I have, this news doesn’t surp...
Banking Crisis Escalates Ahead Of CPI Inflation Report; Schwab In Focus
Dow Jones futures were higher ahead of Tuesday’s open, as the banking crisis continues to escalate, with two large bank failures in recent days — SVB Financial (SIVB) and Signature Bank (SBNY). ...
Nouriel Roubini Gloats Over Crypto Banking Crisis
Alex Dovbnya Turkish-American economist Nouriel Roubini celebrated collapse of these crypto-related banks in recent tweet Turkish-American economist Nouriel Roubini has gloated over the collapse of se...
U.S. Banking Crisis Sparks Boom In Bitcoin Price & Crypto Stocks
On Monday, the value of major cryptocurrencies increased in the wake of plans shared by the United States government to protect depositors at Silicon Valley Bank and Signature Bank. Bitcoin’s price cl...
Does Silicon Valley Bank’s failure signal the second Great Financial Crisis?
The US financial and banking system was rocked by the largest bank failure since the 2008 Great Financial Crisis which begs the question if we are on the brink of a new crisis. According to Brad McMil...
Crisis of Silicon Valley Bank, what happened?
Until Wednesday 8 March 2023, there were no obvious signs of the deep crisis into which Silicon Valley Bank would plunge in the space of just two days. For instance, the stock market price of SIVB sha...
Face-Ripping Bitcoin and Crypto Rally Incoming Amid US Banking Crisis, Says BitMEX Founder Arthur Hayes
BitMEX co-founder Arthur Hayes says he’s preparing for a massive Bitcoin and crypto rally as the Biden Administration fights to contain contagion from spreading through the American banking system. In...
ARK Invest’s Cathie Wood Says Bitcoin and Ethereum Have Not Skipped a Beat Amid US Banking Crisis
ARK Invest CEO Cathie Wood says that Bitcoin (BTC) and Ethereum (ETH) have continued to chug along even amid the crises faced in the legacy markets. In a new episode of In the Know, Wood says the Bit...
Banking Crisis Looms: Is Crypto The Future Of Secure Investing?
The collapse of two of the top United States banks, Silicon Valley Bank and Signature Bank, has been considered the most bullish thesis for Bitcoin and other leading digital assets. Moreover, the top ...
Banking crisis takes out crypto on/off ramps
First Silvergate, then SVB, and Signature bank, all in a short time. Liquidity starvation for crypto? Crypto’s banking rails have been effectively shuttered in less than a week. Next up, USDC. The mes...
Coinbase CEO ponders banking features after Silicon Valley Bank crisis
The wider cryptocurrency community continues to debate the ongoing fallout following the closure of three major American banks, with calls for neobank services for the industry on the cards. Silicon V...
Bitcoin rallies amid US watchdogs’ intervention in bank crisis
Bitcoin (BTC) is recovering after a plunge amid the troubles at Silicon Valley Bank and Silvergate that caused investor panic. As US regulators announced support to help customers recover lost funds, ...
Bitcoin And Crypto Register Massive Gains Despite Banking Crisis
Last week has been dramatic on Wall Street and the crypto sector as two crypto-friendly banks – Silvergate and Signature – announced shutting down their operations. However, the broader crypto market ...
You have an elegant fix for the Silicon Valley Bank crisis
“CNBC Special: America’s Banking Crisis” airs Sunday at 7 p.m. ET, where Jim and other experts will discuss the ramifications of Silicon Valley Bank’s demise on the economy and...
Is Circle’s USDC Stablecoin Crisis a Blessing in Disguise for Bitcoin?
Alex Dovbnya The recent crisis surrounding Circle’s USD Coin (USDC) stablecoin may have inadvertently boosted Bitcoin, as people are turning to it to achieve a synthetic USD due to the collapse ...
Binance Coin (BNB) Price Prediction 2025-2030: Is BNB really immune from Silvergate crisis?
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. Binance Coin, also known as BNB, ...
Circle Released its Examination Report After SVB Crisis
Circle recently announced that it uses Silicon Valley Bank (SVB) to manage almost 25% of USDC reserves held in cash. After the Circle’s announcement, USDC started depegging, with USDC falling by near...
Bitcoin Price Unfazed By USDC Crisis; Signals Upcoming Bull Run
After suffering significant losses on Friday due to the spread of potential contagion risks from the failure of Silicon Valley Bank to crypto markets, Bitcoin and Ethereum have experienced gains of up...
SVB shut down, Powell has to decide between a new financial crisis or raising inflation target
Ad TLDR At the upcoming Federal Open Market Committee (FOMC) meeting on March 22, a 25 basis point rate hike is the favored probability. A terminal fed funds rate of 5.50% with a 25bps cut at the end ...
SVB closure spurs a crypto crisis: Coinbase and Binance suspend USDC conversions
Just a day after covering Silicon Valley Bank stock (NASDAQ: SIVB) 60% dip after it announced it was raising funds to cover a loss it made after selling securities at a loss, the SVB closure is causin...
PacWest (PACW) Stock Recorded 52-Week Low After SVB Crisis
PacWest Bancorp (NASDAQ:PACW) is a bank holding company that offers commercial banking services. The share price of PACW stock tumbled after the collapse of Silicon Valley Bank (SVB) on March 10th, Fr...
Stablecoins In Trouble? USDC, DAI, USDD Depeg As SVB Crisis Deepens
Crypto News: Dealing with a heavy sell off, the global digital asset market registered a broad recovery on Saturday morning. Bitcoin, Ethereum price jumped by 3% and 5%, respectively. However, the top...
Coinbase Pauses Conversions Between USDC and US Dollars as Banking Crisis Roils Crypto
While temporary, the pause speaks to the chaos that’s roiled the crypto industry’s second-largest stablecoin in the wake of Silicon Valley Bank’s demise. All day Friday crypto trader...
Banking Sector In Crisis: Silicon Valley Bank Closed
Another bank is in crisis; Silicon Valley Bank (SVB) has followed the financial freefall amid Federal Reserve (Fed) Chairman Jerome Powell’s hawkish macroeconomic view and tightening policies to contr...
Why Silicon Valley Bank’s crisis is rattling America’s biggest banks
The problems of two small banks on the West Coast are rippling across markets and causing new investor concerns about some of the country’s largest financial institutions. Why? Three words: rising int...
Independent Expert Commission Needed To Probe “Deadly Mistakes” Made By Government During Covid-19 Crisis
The Covid-19 crisis and the too-often catastrophic mistakes made in response to it need a thorough examination so we can learn the right lessons and begin the process of restoring trust in our public ...
Do we have another global bank crisis?
Lloyds (LON: LLOY) share price nosedived on Friday as global banking groups continued selling off. The stock retreated to a low of 49p, the lowest level since January 20th of this year. It has dropped...
Biggest Crisis Ever For Crypto Market? Crash To Continue?
Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry throug...
Crypto crisis: Bitcoin crashes below $20,000
After its global market capitalization dropped below the psychological threshold of $1 trillion, the cryptocurrency sector has continued to slump even further, with the market cap of Bitcoin (BTC), it...
Silvergate Crisis Pummels Global Payment Cryptos Litecoin (LTC) and Dash (DASH); TMS Network (TMSN) Remains Unaffected
After a rather calm February, the crypto markets have plunged into uncertainty again with the Silvergate crisis. The top cryptocurrency exchanges in the world, mining companies, and even institutional...
SoFi CEO Noto makes ‘opportunistic’ million-dollar stock purchase as SVB crisis fuels selloff
As SoFi Technologies Inc. shares fell Friday amid the fallout over Silicon Valley Bank’s collapse, the financial-technology company’s chief executive bought up stock. SoFi Chief Executive Anthony Noto...