Silicon Valley Bank
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.
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.”
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.
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.
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.
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.
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.
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.
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.
