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Cathie Wood’s ARK sells Coinbase stock for the first time in 2023
22.3.2023
The sold amount accounts for 9% of all Coinbase shares bought by ARK Invest so far this year, and about 23% of COIN acquired in March
First Republic Bank’s Shares Downgraded to Junk Status by S&P Global; Stock Slides More Than 25% Lower
20.3.2023
After UBS acquired Credit Suisse and close to a dozen financial institutions injected $30 billion into First Republic Bank four days ago, S&P Global downgraded First Republic’s shares to junk status on Sunday. Investors are concerned that the cash infusion from 11 major financial...
Bitcoin is beating Warren Buffett’s 'crypto bet' in 2023
17.3.2023
Bitcoin's rebound in 2023 has also seen Coinbase stock gaining over 100% year-to-date, boosting Cathie Wood's ARK portfolio
DOJ and SEC to probe SVB collapse and insider stock sales: Report
15.3.2023
The investigations are separate from one another but will both look into Silicon Valley Bank's collapse and stocks sold by executives prior to its fall
Bitcoin, Ethereum Technical Analysis: BTC Nearing $25,000 as Banks Face Exodus of Deposits
14.3.2023
Bitcoin moved closer to $25,000 on Tuesday, as banking withdrawals rose following the collapse of Signature Bank and Silicon Valley Bank. Reports suggest that withdrawals at the likes of JPMorgan and Citibank are nearing a ten-year high. First Republic Bank has been another major firm to fall, with...
GameStop Meme Stock Movie Dumb Money Out Later This Year
13.3.2023
GameStop’s Hollywood moment is finally coming this October. Sony announced its dramatization of the video game retailer’s meme stock explosion will hit theaters in October, starring Paul Dano, Seth Rogen, Pete Davidson and more. It’s called Dumb Money. I hope it lives up to it.Read more
Silicon Valley Bank collapse: How SVB stock price performed in 5 years
13.3.2023
Silicon Valley Bank was rated as one of the top banks in America for five years running prior to its closure by U.S. regulators in March 2023
Bitcoin, U.S. Stock Futures Erase Early Gains as First Republic Bank Tanks 50% in Pre-Market Trading
13.3.2023
Risk assets pared gains while bond yields tanked as emergency measures announced by U.S. authorities failed to assuage investor fears about banking sector problems
How does a stock’s price-to-earnings ratio relate to cryptocurrencies?
10.3.2023
Cointelegraph analyst and writer Marcel Pechman explains how price-to-earnings ratios relate to cryptocurrency markets
Signature Bank Stock Down 12% in Volatile Action as Bank Selloff Continues
10.3.2023
SBNY shares sank as low as $64.60 at 14:45 UTC on Friday, a drop of around 28% from its opening price of just over $90
Silicon Valley Bank Faces Financial Woes as Stock Is Halted, Sells $21 Billion Bond Portfolio at a $1.8 Billion Loss
10.3.2023
On March 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% in the last 24 hours. SVB was forced to sell a $21 billion bond portfolio at a $1.8 billion loss. CEO Greg Becker insists that the financial institution...
Silvergate Bank Announces Voluntary Liquidation as Crypto Industry Woes Persist
8.3.2023
At 4:30 p.m. Eastern Time, Silvergate Bank announced its intention to wind down the crypto-friendly bank’s operations and voluntarily liquidate the company’s assets. The news follows significant financial troubles the bank faced, and the firm’s stock plummeted in value. Details...
Tel Aviv Stock Exchange’s crypto trading proposal a ‘closed-loop system’
8.3.2023
Israeli crypto users will soon have a new means of regulated crypto trading, but the local ecosystem is not convinced that this is what the crypto industry needs
Cathie Wood's ARK ignores Silvergate, buys Coinbase stock for 6th straight month
8.3.2023
ARK appears unfazed by Silvergate as it increases COIN exposure by over 700,000 shares so far in 2023
How do the Fed’s interest rates impact the crypto market?
3.3.2023
Cointelegraph analyst and writer Marcel Pechman explains how the U.S. Federal Reserve’s interest rates impact the crypto market
Top 7 Wall Street movies you must watch
3.3.2023
Discover the best of Wall Street cinema with these top seven films, featuring captivating tales of finance, ambition and power
Regulation and risk: Factors driving demand for a euro-backed stablecoin
3.3.2023
The world’s second most widely held reserve currency seems to be underrepresented in the stablecoin space
MicroStrategy, Tether adds to firms distancing from Silvergate as stock dives 57%
3.3.2023
MicroStrategy confirmed that none of its 130,000 BTC is custodied by Silvergate. However, the firm does have a loan to pay off to the bank by Q1 2025
Silvergate Stock Drops Over 50% as Crypto Clients Flee Beleaguered Bank
2.3.2023
Silvergate Bank has lost most f
Bitcoin price risks $23K rerun as Coinbase stock falls over Silvergate
2.3.2023
Bitcoin wobbles over fresh concerns over crypto firm solvency, but BTC price performance remains stronger than Coinbase and Silvergate bank stock