Search

Nalezeno "Collapse": 1052

Biden vows to hold those responsible for SVB, Signature collapse

13.3.2023
US President Joe Biden on Twitter said he is "firmly committed" to holding those responsible for the Silicon Valley Bank and Signature Bank collapse "fully accountable."

NY Regulators Seize Control of Signature Bank, Depositors Assured by Federal Bailout

13.3.2023
On Sunday, the New York Department of Financial Services, or DFS, announced that it had taken possession of Signature Bank. The DFS appointed the Federal Deposit Insurance Corporation, or FDIC, as the receiver of the bank. In a joint statement, the U.S. Federal Reserve, Treasury Department,...

Ripple CEO assures ‘strong financial position’ despite SVB collapse

13.3.2023
In a short tweet thread with no specifics, Garlinghouse said the SVB situation would not disrupt daily operations

Silicon Valley Bank collapse: Everything that’s happened until now

12.3.2023
Events surrounding Silicon Valley Bank are moving fast. Here is a breakdown of the major developments over the course of three days

Lawmakers Seek Answers from Fed, FDIC on Silicon Valley Bank Collapse

12.3.2023
Lawmakers in the US held a meeting with the Federal Reserve and Federal Deposit Insurance Corporation on Friday to discuss the swift and stunning collapse of Silicon Valley Bank (SVB). Democratic US Representative Maxine Waters reportedly discussed with officials from the two federal bank...

UK regulators moving “at pace” to deliver a plan for tech firms hurt by SVB collapse

12.3.2023
An emergency plan to rescue startups and tech companies affected by the Silicon Valley Bank collapse is underway in the United Kingdom

U.S. Treasury Janet Yellen working on SVB collapse, not at bailout: Report

12.3.2023
Janet Yellen said in an interview on March 12 that U.S. regulators are working to address Silicon Valley Bank collapse, but not considering a major bailout

Rich Dad Poor Dad Author Robert Kiyosaki Warns Another Bank Is Set to Crash

12.3.2023
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says that another bank is set to crash following the collapse of Silicon Valley Bank and the voluntary liquidation of Silvergate Bank. Kiyosaki also recently said the world economy is on the verge of collapse, warning...

Bank of England Shuts Down Silicon Valley Bank’s UK Branch After US Regulators Close Parent Company

11.3.2023
After U.S. regulators shut down Silicon Valley Bank (SVB) on Friday, the Bank of England has closed the company’s U.K.-based arm. The central bank explained that it intends to place the subsidiary into bank insolvency procedures. Fallout From SVB Failure Prompts BOE to Close U.K. Branch...

‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion

11.3.2023
Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit Insurance Corporation (FDIC) to shut the bank down on Friday. It was the largest U.S. bank failure since 2008, and various alleged catalysts have been pointed to. Some believe venture...

Crypto whales suffer huge losses due to USDC depeg, SVB collapse

11.3.2023
The depegging of the USDC stablecoin has affected other stablecoins, which in turn wreaked havoc on crypto projects and stakeholders in a massive chain reaction

Bitcoin, Ethereum Technical Analysis: BTC Above $20,000, ETH Beyond $1,400 on Saturday

11.3.2023
Bitcoin rose back above $20,000 on Saturday, despite markets still being spooked by the collapse of yet another banking institution. Silicon Valley Bank was shut down by U.S. regulators on Friday, causing many institutions to lose access to capital. This includes USDC issuer Circle, which led to...

Bitcoin Price Prediction as Silicon Valley Bank Collapse Sends Shockwaves Through Global Markets – Can BTC Recover?

11.3.2023
Bitcoin (BTC) and Ethereum (ETH) managed to halt their downward trend and experienced a rise in value above $20,000 and $1,400, respectively, on early Saturday morning. However, this surge can be attributed to the weaker US dollar, which turned negative after the February labor data showed slower...

U.S. Lawmakers Met With Fed, FDIC to Discuss Collapse of Silicon Valley Bank: Source

11.3.2023
Rep. Maxine Waters convened meetings with federal bank regulators in the wake of the bank's collapse

USDC Issuer Circle Says it 'Awaits Clarity' From FDIC on Silicon Valley Bank Collapse

11.3.2023
In its first statement following the collapse of Silicon Valley Bank, Circle declined to state how much cash it has tied up at the bank

How Silvergate’s Crypto Collapse Differed From Silicon Valley Bank’s: No Bailout

10.3.2023
For all the angst this week about how troubles in the crypto industry are fueling a banking crisis, the reality, so far, is actually something else: Of the two banks that went under, the one squarely focused on crypto – Silvergate Capital – escaped the black mark of a federal bailout

Bitcoin Price Outlook for March

10.3.2023
There are only ten days into March, and volatility in the crypto markets has heightened, with both bitcoin and ethereum falling to two-month lows. A collapse in Silvergate Bank was one of the major catalysts leading to this month’s bearish sentiment, which now sees bitcoin trading under...