Startups can hedge bank risk with Bitcoin — Tim Draper
[Jun 6 8:15 AM] The fall of Silicon Valley Bank prompted Venture Capitalist Tim Draper to tell the firms he’d invested in to buy Bitcoin.
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Bitcoin’s funding rate flattens, but should BTC bulls rejoice and buy the dips?
[Apr 25 2:00 PM] Bitcoin bulls tend to celebrate when BTC’s funding rate is negative, but is it really a “generational buying opportunity?”
An In-Depth Look Into the 2023 Banking Crisis — 3 of the Largest Bank Failures in US History
[Dec 28, 2023 12:30 AM] The U.S. economy experienced an interesting year in 2023, marked by unprecedented upheaval within the American banking sector due to the combined collapse of three major banks, the largest the nation has historically seen. Amidst this chaos, crypto…
Bitcoin’s inflation-hedge theory tested as rising interest rates bring turbulence to markets
[Sep 29, 2023 2:11 PM] The losses on US Treasuries recently surpassed $1.5 trillion and the likely outcome is turbulent markets, but how will Bitcoin price fare?
Crypto Biz: Bidding war for SVB Capital, new crypto funds and Citi’s private blockchain
[Sep 22, 2023 3:00 PM] 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.
BTC bull market began in March, more will realize in a year — Arthur Hayes
[Sep 5, 2023 2:04 AM] The BitMEX co-founder says Bitcoin has been on a bull run since the Fed’s $25 billion dollar program aimed at stabilizing the U.S. banking system.
Fed, NYDFS assess their supervisory performance after March’s big bank failures
[Apr 28, 2023 3:39 PM] 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.
NFT markets are out of balance, with sellers dominating: Data
[Apr 27, 2023 12:45 AM] In April there hasn’t been a single day where total sellers on the market haven’t exceeded total buyers.
US Treasury seeks to tighten nonbank rules following banking crisis
[Apr 24, 2023 12:18 AM] Janet Yellen called for further regulation of nonbank institutions, claiming they pose a systemic risk to U.S. financial stability.
Tether 'unequivocally reiterates' no exposure to Signature Bank
[Apr 5, 2023 7:15 AM] The stablecoin provider denied the allegations that began to surface in regard to its exposure to the now-collapsed Signature Bank.
USDC Market Cap Dips By $10 Billion In 2 Weeks – Here’s Why
[Apr 2, 2023 8:02 AM] USDC has struggled to recover from the negative fallout a few weeks ago after Silicon Valley Bank’s (SVB) collapse. Investors have continued to withdraw their assets from the stablecoin despite assurances from issuer Circle about its…
Former Treasury Official Issues Dire Warning, Bill Ackman Fears Economic ‘Train Wreck,’ US Gov. Remains Top BTC Holder, and More — Week in Review
‘Panic of 2023’: James Corbett Explains How Bank Crisis Could Lead to CBDC ‘Nightmare of Total Monetary Control’
Bitcoin And Ethereum Correlation At A Staggering 97%, BTC Rally Incoming?
[Mar 31, 2023 3:11 AM] As Q1 2023 comes to a close, the Bitcoin and Ethereum correlation stands at a staggering 97%, trackers indicate. The Bitcoin And Ethereum Price Correlation Bitcoin and Ethereum are the world’s most valuable coins by market cap. Because of their…
Circle prefers reserves and payment rails with the Fed, says exec
[Mar 29, 2023 4:25 AM] Circle’s Asia-Pacific vice president said the company currently holds 80% of its reserves but would ultimately like to keep all cash with the Fed in light of the recent banking crisis.
Bitcoin price holds its ground in the wake of CFTC case against Binance
[Mar 28, 2023 2:36 PM] BTC options and derivatives markets seem unfazed by the CFTC’s recent action against Binance, but is that a good or a bad sign?
First Citizens Buys Silicon Valley Bank, Assuming $72B in Loans, $56B in Deposits
[Mar 27, 2023 12:20 AM] The Federal Deposit Insurance Corp. also acquired equity appreciation rights in the parent of First Citizens Bank, which is potentially worth up to $500 million.
First Citizens Nearing Deal for Silicon Valley Bank: Bloomberg
[Mar 26, 2023 8:52 PM] Raleigh, N.C.-based First Citizens is the 30th largest bank in the U.S., with $109 billion in assets, and recently completed an acquisition of New York-based commercial lender CIT.
SVB Financial’s First Bankruptcy Hearing ‘Wasn’t Really So Routine,’ Says Legal Expert
[Mar 22, 2023 12:59 PM] The holding company needs access to the FDIC-locked funds in order to pay back its creditors and support its two external operations, says Kleinberg, Kaplan partner, Dov Kleiner.
Traditional banks rely on ‘tiny buffer’: Paris Blockchain Week 2023
[Mar 22, 2023 8:28 AM] Signature Bank is the best place for crypto banking, even if it goes bankrupt, Woorton co-founder Zahreddine Touag believes.
Tim Draper sings a Bitcoin song dedicated to SVB and world governments: PBW 2023
[Mar 22, 2023 5:52 AM] The American venture capital investor Tim Draper took the stage at Paris Blockchain Week 2023 to talk about the decentralization of the future of money.
Yellen defends government intervention to avoid another SVB
[Mar 21, 2023 7:33 AM] The Treasury Secretary of the U.S. Janet Yellen said the federal government will intervene if it is necessary to protect other small lenders.
Rattled crypto industry could emerge stronger after USDC depeg
[Mar 20, 2023 7:41 AM] Did the depegging reveal stablecoins’ limitations, or was it a learning moment?
More 186 US banks well-positioned for collapse, SVB analysis reveals
[Mar 17, 2023 11:33 PM] Rising interest rates, which brought down the U.S. banking system’s market value of assets by $2 trillion, combined with a large share of uninsured deposits at some U.S. banks, threatens their stability.
Former NY Regulator: Crypto Isn't the Reason Why Signature Bank Was Closed
[Mar 17, 2023 12:59 PM] But instead, the firm did not provide reliable and consistent data, creating a significant crisis of confidence in the bank’s leadership, Maria Vullo, previously a superintendent at the government department, told CoinDesk TV’s “First Mover.”
Crypto Biz: SVB collapses, USDC depegs, Bitcoin still up
[Mar 17, 2023 12:00 PM] Turmoil in traditional finance spilled over into Bitcoin and crypto markets, forcing federal regulators to step in.
Banking crisis: What does it mean for crypto?
[Mar 17, 2023 11:00 AM] Cointelegraph breaks down the main events that led to the collapse of Silvergate, SVB and Signature Bank and explains what this all could mean for crypto.
SVB Collapse Shows the Rot in U.S. Banking and Dollars
[Mar 17, 2023 9:15 AM]
U.S. Banking Collapse Doesn't Necessarily Make Crypto Trustworthy
[Mar 16, 2023 3:13 PM] TK
FDIC asked Signature buyers to stop all crypto business: Report
[Mar 16, 2023 3:10 AM] The FDIC regulators have reportedly required any buyer of Signature to agree to give up all cryptocurrency business at the bank.