Bitcoin Flirts With $27K Following Silicon Valley Bank's Failure

As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form ofwhich vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form ofwhich vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG

gckaloudis cryptocom I had no doubt it would happen.

Guess we should all just give up and become day traders, huh? CryptoLife

gckaloudis cryptocom 👀

gckaloudis cryptocom Never forget that bitcoin surges in 2008 banking crisis.. So, the story repeats and crypto makes even more sense now.. Bankcollapse Crypto Bitcoin

gckaloudis cryptocom Despite or BECAUSE of.. ? Self-custodial bitcoin is THE antidote to the counterparty risk in fractional reserve banking, and the coming devaluation of the dollar to keep the debt-based fiat system going. Counterparty risk off : Bitcoin on.

gckaloudis cryptocom Positive effects!

gckaloudis cryptocom 'Despite'? You dont see the direct correlation? 'Because of' would be more appropriate

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Easy Loans, Great Service: Why Silicon Valley Loved Silicon Valley BankSilicon Valley Bank used financial sweeteners to attract clients, powering growth for decades—leaving the sector vulnerable when the bank collapsed Subsidized by the implicit (now explicit) guarantee of taxpayer backing on deposits Wow, a for-profit bank trying to attract clients....say it isn't so🙄 Tthe bank had a Put with the Wok biden group why and how they all got paid no risk here
Source: WSJ - 🏆 98. / 63 Read more »

FDIC taps investment bank to lead Silicon Valley Bank saleThe FDIC has brought in the investment bank Piper Sandler to auction off Silicon Valley Bank, kicking off a high stakes sales process, according to two market sources who were granted anonymity to discuss the sale. No difference between this debacle in the making and the last one in 1990’s — it was junk bonds then and no regulations and it’s crypto - NFT’s and no regulations this time (also a ton of stupidity and corruption back then and will probably be true this time as well).
Source: politico - 🏆 381. / 59 Read more »

Credit Suisse chaos, Silicon Valley Bank collapse: What you need to knowGlobal stocks fell sharply on Wednesday, with embattled Credit Suisse tumbling to a new low, on renewed investor concerns about stresses within the sector triggered by Silicon Valley Bank's sudden collapse. With Trump zero bank runs and failures
Source: Reuters - 🏆 2. / 97 Read more »