Silicon Valley Bank

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)

(Silicon Valley Bank)
Yellen Says No to SVB Bailout, but Says Government Is Working to Help Depositors
The Treasury Secretary sought to ease concerns that the bank’s collapse could lead to a domino effect.
(Silicon Valley Bank)

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)
Circle to ‘Cover Any Shortfall’ in USDC Reserves, Sparking Stablecoin Rally
The company plans to use corporate resources to fill the gap, including external capital.
Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

(Pixabay)
Bitcoin Regains $20K After $200M in Crypto Liquidations; Some Traders Brush Off USDC Fears
Some traders are signaling strength for USD coin, citing its treasury backing in U.S.-issued bonds.
(Pixabay)

Markets Daily Podcast Cover
4 Potential Winners of the Silvergate Unwind
On today’s show we’re taking a look at how the collapse of crypto's most visible bank could be an opportunity for stablecoins and other financial-services providers, courtesy...
Markets Daily Podcast Cover

(Pixabay)
Traders Bet on USD Coin Rebound as USDC Falls to 90 Cents
Some $4 million in USDC futures were liquidated in the past 24 hours, Coinglass data shows.
(Pixabay)

(Pixabay)
DAI Depegs to Lifetime Lows as Stablecoin Rout Plagues Crypto
MakerDAO’s decentralized stablecoin hit an all-time low of 88 cents in Asian afternoon hours on Saturday.
(Pixabay)

Rep. Maxine Waters (Alex Wong/Getty Images)
U.S. Lawmakers Met With Fed, FDIC to Discuss Collapse of Silicon Valley Bank: Source
Rep. Maxine Waters convened meetings with federal bank regulators in the wake of the bank's collapse.
Rep. Maxine Waters (Alex Wong/Getty Images)

(DALL-E/CoinDesk)
USDC Stablecoin Depegs, Crypto Market Goes Haywire After Silicon Valley Bank Collapses
USDC's normally stable price sank to 87 cents from $1 while Ethereum gas fees soared hours after the crypto-tied bank failed.
(DALL-E/CoinDesk)

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)
Circle Confirms $3.3B of USDC's Cash Reserves Stuck at Failed Silicon Valley Bank
Silicon Valley Bank, one of the reserve banking partners for Circle's USDC stablecoin, was shut down by regulators on Friday.
Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)