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Tag: silicon valley bank

Circle CEO ‘able to access’ $3.3B of USDC’s reserves at Silicon Valley Bank

March 15, 2023 wp-bot Cointelegraph

Circle’s earlier disclosure that $3.3 billion worth of USDC reserves were held with Silicon Valley Bank resulted in it losing market share to its competitor

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Moody’s Expect U.S. Banks To Deteriorate, Boon For Bitcoin?

March 14, 2023 wp-bot News BTC

Moody’s Investor Service, better known as Moody’s, has revised its view on the entire U.S. banking system from “stable” to “negative.” They cite rapid deterioration in the

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Moody’s Downgrades US Banking Sector to Negative After Collapse of Three Major Banks

March 14, 2023 wp-bot Bitcoin News

After the failure of three major U.S. banks last week, with two of them being the second and third largest banking failures in the country,

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A Record 67.7% Of Bitcoin Remains Unmoved As U.S. Banks Implode

March 14, 2023 wp-bot News BTC

Onchain data suggests that Bitcoin (BTC) appears to be a haven for investors looking to escape the unfolding banking crisis in the United States. A

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Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders

March 14, 2023 wp-bot Bitcoin News

The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The

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The US Fed is Sitting On A $1.2 Trillion Loss On Its Bond Portfolio

March 14, 2023 wp-bot News BTC

The United States Federal Reserve (Fed) is sitting on a $1.2 trillion loss on its $8.3 trillion bond portfolio. Is The FED Failing? Out of their bond

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