Silicon Valley Bank

Lifeboat
Bitcoin Emerges as Safe Haven as Traditional Finance Faces Turmoil
Conflicting data creates the question of how the Fed will react to both rising inflation and failing banks - and whether bitcoin will be a lifeboat.
Lifeboat

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SVB Financial Group Bankruptcy Hearing: Key Takeaways
SVB Financial Group, the former parent company of Silicon Valley Bank and the Federal Deposit Insurance Corporation (FDIC), appears to be at odds over $2 billion in cash. Kleinberg, Kaplan, Wolff and Cohen, P.C. Partner Dov Kleiner breaks down the key takeaways from the bankruptcy hearing and what is likely to happen next.
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CoinDesk - Unknown
Fight Brewing Between Silicon Valley Bank's Former Parent Company and FDIC
A legal fight is ramping up between the FDIC and the former parent company of Silicon Valley Bank SVB Financial said the banking regulator took improper actions and can't access its money held at its former unit Dov Kleiner partner at Kleinberg Kaplan Wolff Cohen P C discusses the key takeaways from the bankruptcy hearing [...]
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The Future of Bitcoin Amid U.S. Banking Sector Concerns
The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has left many regional banks reeling. Angel investor and MythOfMoney.com author Tatiana Koffman joins “All About Bitcoin” to discuss her last opinion piece on CoinDesk, titled "Bitcoin Was Built for This Moment."
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Bitcoin Breaks Above $28K as UBS Agrees to Buy Credit Suisse
Bitcoin BTC is climbing above 28 000 for the first time since last June as some traders see the cryptocurrency as a hedge against the traditional banking system which has had its share of troubles over the past few weeks including the collapse of Silicon Valley Bank and regulators takeover of Signature Bank First Mover [...]
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Port in a storm
No Crypto Banking Port Has Really Opened Up in This U.S. Storm
As Silvergate, Signature and Silicon Valley banks imploded, crypto customers grabbed assets and ran, but those hoping to land at major U.S. banks have been mostly disappointed.
Port in a storm

CDCROP: Fire and Ice (Pixabay)
Bitcoin, Ether Swing From Cold to Hot in Event-Filled Week
The two largest cryptocurrencies have risen 31% and 26%, respectively, even as bank failures, inflation concerns and ETH selling pressure have roiled traditional asset markets.
CDCROP: Fire and Ice (Pixabay)

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Bitcoin Flirts With $27K Following Silicon Valley Bank's Failure
Silicon Valley Bank SVB failed on March 10 and the price of bitcoin BTC has been rallying since then The narratives around bank failures stablecoins and interest rate hikes seem strong enough to propel the price of the largest cryptocurrency by market capitalization Coin Desk Senior Research Analyst George Kaloudis breaks down bitcoin's latest price [...]
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(Tuomas A. Lehtinen/Getty Images, modified by CoinDesk)
Bitcoin Is a Clear Winner of the U.S. Banking Crisis
The narratives around bank failures, stablecoins and interest rate hikes seem strong enough to propel the price of bitcoin, says CoinDesk's George Kaloudis.
(Tuomas A. Lehtinen/Getty Images, modified by CoinDesk)

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SVB Implosion Tanked NFT Trading Volumes, DappRadar Report Suggests
The day after the Federal Deposit Insurance Corp took control of Silicon Valley Bank there were only 12 000 active NFT traders according to Dapp Radar That's a number not seen since November 2021 Animoca Brands co founder and Executive Chairman Yat Siu reacts to this report and discusses his outlook for the NFT market [...]
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