Federal Reserve
A Tale of 2 Banks: Why Silvergate and Silicon Valley Bank Collapsed
Every U.S. bank is facing similar structural pressures to what drove crypto’s one-time favorite bank to the moon and then into the ground.
Historia de dos bancos: por qué colapsaron Silvergate y Silicon Valley Bank
Todos los bancos estadounidenses enfrentan presiones estructurales similares a las que llevaron al banco favorito de las criptomonedas a la luna y luego a la tierra.
Uma história de dois bancos: por que o Silvergate e o banco do Vale do Silício entraram em colapso
Todos os bancos dos EUA estão enfrentando pressões estruturais semelhantes às que levaram o outrora banco favorito da criptografia à lua e depois à falência.
L'histoire de 2 banques : pourquoi Silvergate et la Silicon Valley Bank se sont effondrées
Chaque banque américaine est confrontée à des pressions structurelles similaires à celles qui ont poussé la banque préférée des crypto-monnaies sur la lune, puis dans le sol.
Bitcoin Bounces Modestly as U.S. Adds 311K Jobs in February
Bitcoin (BTC) is attempting to bounce back from its lowest level since mid-January, as the Bureau of Labor Statistics reported 311,000 jobs added in February. Bitwise Crypto Analyst Ryan Rasmussen discusses his crypto price outlook amid hawkish sentiment from the Federal Reserve. Plus, reactions to the recent news around Silvergate and Silicon Valley Bank that have rocked the crypto market.
Federal Reserve Setting Up New Squad of Crypto Specialists
Michael Barr, the Fed’s vice chairman for supervision, said the central bank is trying not to stomp on crypto innovation and sees the need for stablecoin controls.
Crypto Markets Digest Silvergate Bank Turmoil
Opimas LLC CEO and founder Octavio Marenzi discusses the crypto market impact of the Silvergate Bank turmoil saying, "the markets reacted with a big yawn." He adds that the macroeconomic backdrop, with U.S. Federal Reserve Chair Jerome Powell saying interest rate hikes are not finished, "is definitely having a bigger effect on crypto markets more generally."
Crypto Bank Silvergate Announces 'Voluntary Liquidation'
The bank revealed last Wednesday it would have to delay filing its annual 10-K report due to questions from its auditors.
How Bitcoin Responded to Powell's Testimony on Capitol Hill
U.S. Federal Reserve Chair Jerome Powell made a notable change from his Senate testimony on Tuesday, compared to his prepared remarks before the House on Wednesday. The central bank chair said no decision has been made on the size of the coming March rate hike. Arca Head of Research Katie Talati discusses the impact of Powell's remarks on bitcoin (BTC). Plus, her take on the Grayscale Bitcoin Trust (GBTC) discount narrowing and Alameda Research's lawsuit against Grayscale. CoinDesk and Grayscale are owned by Digital Currency Group (DCG).
