[ad_1] Silicon Valley Bank is in the process of filing for bankruptcy, bringing back harsh memories of the FTX disaster five months ago. However, the effect appears to be the opposite of…
Category: Silicon Valley
More 186 US banks well-positioned for collapse, SVB analysis reveals
[ad_1] The perfect mix of losses, uninsured leverage and a larger loan portfolio, among other factors, resulted in the collapse of Silicon Valley Bank (SVB). Comparing SVB’s situation with other players reveals…
This Crisis Will Define the Future of Money
[ad_1] The recent collapses of three high-profile banks – Silicon Valley Bank, Silvergate Bank and Signature Bank – have caused alarming outflows at hundreds of regional banks. Now, with the US Federal…
Robinhood Users Unable to Realize Bets Profits against SVB and Signature Bank
[ad_1] Robinhood users have taken to Twitter to express their displeasure that they weren’t able to enjoy the SVB and Signature Bank fiasco. Users of the Menlo-Park-headquartered financial services firm Robinhood Markets…
Bitcoin Price Tops $26.4K, Quickly Rejected as Over $311M Liquidated in Crypto Market
[ad_1] High impact news, including CPI releases and the US banking crisis, significantly contributed to the Bitcoin price crossing $26K. For the first time since June last year, Bitcoin price traded above…
US Could Fall Behind In The Race To Lead Crypto Revolution, Here’s Why
[ad_1] The United States which has always been the second leading country in the world in technology after Japan will step back to lose its race as a leader in cryptocurrency innovation…
Goldman Sachs No Longer Expects Fed’s Interest Rate Hikes
[ad_1] 15 seconds ago | 2 minutes of reading Bitcoin News The American multinational investment company Goldman Sachs expects no more rate hikes. The collapse of Silicon Valley Bank sent shockwaves through…
Silicon Valley Bank UK arm acquired by HSBC for one pound
[ad_1] Global banking giant HSBC Holdings is coming to the rescue of its UK-based branch of Silicon Valley Bank with a new acquisition. HSBC officially announced on March 13 that its subsidiary…