News with the tag "SVB"

The Federal Deposit In surance Corporation (FDIC) filed a massive lawsuit today targeting 17 former executiv es and directors of Silicon Valley Bank (SVB), accusing them of gross negligence and fiduciary failures that triggered the bank’s spectacular March 2023 collapse. The lawsuit names former CEO...

US bank stocks are reaching new heights, hitting their highest levels since the infamous collapse of Silicon Valley Bank (SVB) in 2023. JPMorgan Chase and Wells Fargo have reported strong quarterly earnings, which have boosted investor confidence in the overall economy. JPMorgan, which is the larges...

The fall of Silicon Valley Bank prompted Venture Capitalist Tim Draper to tell the firms he’d invested in to buy Bitcoin.

Bitcoin bulls tend to celebrate when BTC’s funding rate is negative, but is it really a “generational buying opportunity?”

The losses on US Treasuries recently surpassed $1.5 trillion and the likely outcome is turbulent markets, but how will Bitcoin price fare?

This week’s Crypto Biz explores SVB Capital bids, new funds from Blockchain Capital, the Hut 8-US Bitcoin merger and Citigroup’s private blockchain.

Anthony Scaramucci’s SkyBridge Capital is among the asset management firms leading the bids for Silicon Valley Bank’s venture capital arm, with a sale expected in the coming weeks.

The BitMEX co-founder says Bitcoin has been on a bull run since the Fed’s $25 billion dollar program aimed at stabilizing the U.S. banking system.

The BitMEX co-founder says Bitcoin's been on a bull run since the Fed's $25 billion dollar program aimed at stabilizing the U.S. banking system.

Optimism's native token is also on the rise yet again today, with another 7% increase.