Major cryptocurrencies stabilise after US intervenes on SVBUS authorities launched emergency measures on Sunday to shore up confidence in the banking system after the failure of SVB threatened to tr...
13 Mar, 2023, 05.05 PM IST
7 points: What caused the sinking of Signature Bank?Signature Bank had total assets of about $110.36 billion and total deposits of roughly $88.59 billion as of December 31. While a run on the...
13 Mar, 2023, 02.09 PM IST
How is the Fed maneuvering the second largest banking failure in the USUS lenders were recently sent into a tailspin after SVB Financial Group, which specialises in venture-capital financing, announced a stock ...
13 Mar, 2023, 11.23 AM IST
Crypto Week at a Glance: Bitcoin, Ethereum buffeted by market volatilityInvestors and traders reacted to the recent statement by US Fed Chair Jerome Powell regarding potential interest rate hikes, resulting in s...
12 Mar, 2023, 10.24 AM IST
SVB debacle sparks rush to defensive options on fears of contagion"Investors have re-rated banks on a sectoral basis, initiated a huge flight into the safety of short-term (Treasury) notes, and options pri...
11 Mar, 2023, 12.23 PM IST
Bitcoin set for worst week since FTX crash on regulation, ratesThe largest token fell as much 2.1% on Friday, breaking below $20,000 for the first time since January, after falling more than 8% on Thurs...
10 Mar, 2023, 02.45 PM IST
Crypto stocks slide after Silvergate decides to shut downSilvergate's latest move only highlights high-profile collapses among crypto market players since last year. Shorting in shares of Silverga...
09 Mar, 2023, 10.15 PM IST
Silvergate short bets amass $780 million payday as crypto bank sinksWagers against the stock surged in recent months as crypto contagion spread across the market and setbacks for the bank accumulated. About ...
09 Mar, 2023, 08.02 AM IST
Silvergate's deepening crisis jolts crypto stocksSeveral crypto stocks also closed in negative territory. Crypto lending peer Signature Bank was down 2.5%.
07 Mar, 2023, 10.25 AM IST
Crypto Price Today Live: Bitcoin falls below $22,500; Litecoin, Dogecoin tumble up to 8%The market cap of Bitcoin, the world's largest cryptocurrency, was around $432.63 billion. Bitcoin’s dominance is currently 42.09%, a decre...
03 Mar, 2023, 02.04 PM IST
Coinbase, Galaxy, Paxos stop accepting transfers via Silvergate NetworkThe exodus threatens Silvergate’s SEN network, the bank’s key source of deposits and a platform for crypto participants to transfer money a...
03 Mar, 2023, 08.16 AM IST
Crypto giant Binance moved $400 million from US partner to firm managed by CEO ZhaoThe Binance.US account was registered under the name of BAM Trading, the U.S. exchange's operating company, according to the records. Compa...
17 Feb, 2023, 09.19 AM IST
Moody's downgrades Silvergate Bank's long-term deposit ratingSeveral brokerages downgraded or cut their price targets on the bank's stock after a preliminary earnings report in which crypto-focused Si...
06 Jan, 2023, 09.14 PM IST
Crypto stocks teeter near abyss as Fink’s warning adds to angstCryptocurrency firms including Coinbase Global Inc., Galaxy Digital Holdings Ltd. and MicroStrategy Inc. all plunged more than 25% last mon...
04 Dec, 2022, 09.39 AM IST
Crypto collapse opens 1,350% gap between stocks, price targetsShares of crypto exchange Coinbase Global Inc. would need to rally a staggering 782% from their current level in order to reach their avera...
23 Nov, 2022, 04.47 PM IST
No let up in crypto slide as Celsius halt leaves investors 'panicking'The world's largest cryptocurrency, Bitcoin, is down over 50% year to date and 28% since Friday.
14 Jun, 2022, 10.29 AM IST
Want to play the crypto game via equities? Here are names to add to your watchlistDespite the poor performance in the December quarter, Meta (formerly Facebook Inc) remains the top bet to play the theme. The company's sto...
04 Feb, 2022, 01.54 PM IST