By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data New York-based Signature Bank, which has a number of crypto clients, was shut down Sunday by state regulators, the Federal Reserve announced.Publish at: March 12, 2023 at 10:25PM
Crypto-Friendly Signature Bank Shut Down by State Regulators
Ripple Had ‘Some Exposure’ to Silicon Valley Bank, Says CEO
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Ripple, best known for its connection to XRP, kept some capital at the failed Silicon Valley Bank.Publish at: March 12, 2023 at 09:47PM
Bitcoin Rises on Report Government Weighing Plan to Protect All Silicon Valley Bank Depositors
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Publish at: March 12, 2023 at 09:00PM
USDC Volatility Lifts Bitcoin’s Coinbase Premium to 3-Year High
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Coinbase premium is usually taken to represent stronger buying pressure from stateside investors. But that’s not the case this time.Publish at: March 12, 2023 at 06:32PM
Yellen Says No to SVB Bailout, but Says Government Is Working to Help Depositors
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Yellen sought to ease concerns that the bank’s collapse could lead to a domino effect.Publish at: March 12, 2023 at 04:04PM
Circle to ‘Cover Any Shortfall’ in USDC Reserves, Sparking Stablecoin Rally
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The company plans to use corporate resources to fill the gap, including external capital.Publish at: March 11, 2023 at 08:58PM
Bitcoin Regains $20K After $200M in Crypto Liquidations; Some Traders Brush Off USDC Fears
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Some traders are signaling strength for USD Coin, citing its treasury backing in U.S.-issued bonds.Publish at: March 11, 2023 at 12:43PM
Traders Bet on USD Coin Rebound as USDC Falls to 90 Cents
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Some $4 million in USDC futures were liquidated in the past 24 hours, Coinglass data shows.Publish at: March 11, 2023 at 11:02AM
DAI Depegs as Stablecoin Rout Plagues Crypto
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data MakerDAO’s decentralized stablecoin hits an all-time low of 0.88 cents.Publish at: March 11, 2023 at 10:24AM
U.S. Lawmakers Met With Fed, FDIC to Discuss Collapse of Silicon Valley Bank: Source
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Rep. Maxine Waters convened meetings with federal bank regulators in the wake of the bank’s collapse.Publish at: March 11, 2023 at 06:17AM
