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Tag: silicon valley bank

Silicon Valley Bank was the tip of a banking iceberg

March 14, 2023 wp-bot Cointelegraph

Bank forecasting needs to become more than a “check-the-box” motion for regulatory compliance. It needs to be treated as a strategic decision-making tool.

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Signature Bank’s Closure Is Political And A Strong Anti-Crypto Message, Ex-Congressman

March 14, 2023 wp-bot News BTC

Barney Frank, the director of Signature bank and a former congressman who helped draft the Dodd-Frank Act, has stated that the lender is solvent and that there

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Bitcoin market cap flips tech giant Meta, widens gap on Visa

March 14, 2023 wp-bot Cointelegraph

BTC’s market cap has climbed to the 11th spot amongst top assets by market cap and now sits behind electric vehicle maker Tesla.

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Debtors saved over $100M using de-pegged stablecoins to repay loans

March 14, 2023 wp-bot Cointelegraph

Debtors jumped on the opportunity to grab a discount on their loan repayments when USDC and DAI de-pegged from the dollar.

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US Fed faces internal probe over Silicon Valley Bank failure

March 14, 2023 wp-bot Cointelegraph

Federal Reserve chair Jerome Powell said a “careful and thoughtful” review is needed to understand how the bank collapsed under its watch.

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Goldman Sachs Now Expects No Rate Hike in March Due to Stress in US Banking System

March 14, 2023 wp-bot Bitcoin News

Goldman Sachs has revised its U.S. interest rate forecast due to “stress in the banking system.” The global investment bank no longer expects the Federal

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