Silicon Valley Bank

CoinDesk - Unknown
Crypto Banking Crisis Concerns Loom
Host Joel Flynn weighs in on what could happen next after Silicon Valley Bank and Signature Bank's respective collapses. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
CoinDesk - Unknown

Silicon Valley Bank Sign (Provided)
First Mover Americas: Bitcoin Gains as FDIC Steps In for Silicon Valley Bank
The latest price moves in crypto markets in context for March 13, 2023.
Silicon Valley Bank Sign (Provided)

Silicon Valley Bank Shut Down By Regulators
Silicon Valley Bank Customers Can Fully Access Funds After FDIC Creates New Bridge Bank
Loans and other services will resume on normal schedule Monday following a switch to a new bridge bank, the regulator said
Silicon Valley Bank Shut Down By Regulators

Silicon Valley Bank Sign (Provided)
HSBC Subsidiary to Acquire Silicon Valley Bank's UK Unit for 1 British Pound
Depositors will be protected, the U.K. government said, as it seeks to limit wider economic fallout from the bank's collapse.
Silicon Valley Bank Sign (Provided)

Binance Trade Show logo (Danny Nelson/CoinDesk)
Binance Will Convert $1B Worth of BUSD Stablecoin to Bitcoin, Ether, BNB and Other Tokens
Binance tapped into its Industry Recovery Initiative funds to cover the move.
Binance Trade Show logo (Danny Nelson/CoinDesk)

CDCROP: Circle CEO Jeremy Allaire is part of the consortium behind USDC (Danny Nelson/CoinDesk)
Circle Scrambles to Right USDC After Signature Bank Failure
Circle Internet Financial is racing to find new banking partners for its USDC stablecoin.
CDCROP: Circle CEO Jeremy Allaire is part of the consortium behind USDC (Danny Nelson/CoinDesk)

Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. (Justin Sullivan/Getty Images)
Silicon Valley Bank Depositors Will Have Access to 'All' Funds Monday, Say Federal Regulators
“Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system,” a joint statement read.
Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. (Justin Sullivan/Getty Images)

Brad Garlinghouse Ripple
Ripple Had ‘Some Exposure’ to Silicon Valley Bank, Says CEO
Brad Garlinghouse declined to say how much capital is at the failed bank but said Ripple “remains strong.”
Brad Garlinghouse Ripple

DO NOT USE: Bitcoin vault (DALL-E)
Bitcoin Rises on Report Government Weighing Plan to Protect All Silicon Valley Bank Depositors
The price of the largest cryptocurrency briefly rose back above $21,500 before giving back some gains.
DO NOT USE: Bitcoin vault (DALL-E)

Bitcoin's Coinbase Premium Index (CryptoQuant)
USDC Volatility Lifts Bitcoin's Coinbase Premium to 3-Year High
While the Coinbase premium is usually taken to represent stronger buying pressure from U.S. investors, that's probably not the case this time.
Bitcoin's Coinbase Premium Index (CryptoQuant)