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With Cryptoz ₿

Banks with potential losses like SVB Bank, 10 of these banks, as of 4Q 2022, have similar "red flags" like SVB Bank.

I already want to believe that everything will be okay. But do not forget that we still have a lot of "problem" banks on the radar. The domino effect has also not been canceled.

Now everything looks good at the crypto level, but it's not the situation to go all-in. The decline of banks may continue.

For example, now the shares of First Republic Bank are falling by more than -60% in the premarket.

@Cryptoz ₿

🔥 Circle burns tokens

Over the past few hours, Circle has burned more than 534 million USDC.

🛑Most likely, the company has begun the process of redeeming the stablecoins it has issued.

Good news for many investors who were worried about the stability of USDC after the SVB collapse.

@Cryptoz ₿

🇨🇦 Falling Canadian Treasury bond yields - record for 27 years (two-day drop)

"We believe that the concerns about financial stability emanating from the United States are significant enough to rethink the function of market reaction in Canada" - Canadian Imperial Bank of Commerce.
( Bloomberg )

@Cryptoz ₿

#regulation #usa
Ava Labs, Circle, TRM, Fireblocks plan to advise CFTC - original

- The US regulator creates an Advisory Group on New Technologies (full list of participants)

- The first meeting will be held on March 22, the creation of Subcommittees on cybersecurity, digital assets and blockchain technology and new technologies will be considered.

@Cryptoz ₿

▫️Meta announces plans to stop working on NFT.

@Cryptoz ₿

❗️ The Justice Department has revealed they are probing the collapse of Do Kwon's TerraUSD stablecoin $UST.

👉🏻 That was almost an year ago, what the hell they have been doing this entire time? 🧐

@Cryptoz ₿

❌Coinbase has stopped trading BUSD

@Cryptoz ₿

💥 BITCOIN HAS BROKEN THROUGH $ 26,000 - THE NEW ATH OF THE YEAR!

@Cryptoz ₿

💥 #MATIC Unstoppable started working with Polygon!

Now you can create personalized Polygon wallets! For example: powell.polygon or cryptohd.polygon

@Cryptoz ₿

The New York regulator said its decision to close Signature Bank "has nothing to do with cryptocurrency" - Reuters

- "a significant crisis of confidence in the management of the bank"

@Cryptoz ₿

🔥 CPI data revealed - today's turning point

Today at 08:30 EST, the US Consumer Price Index (a significant indicator of the current inflation rate) comes to light. The expected index is 6.0% (a 0.4% decrease in CPI).

Possible scenarios are:

🛑 Positive: CPI below 6.0
Indicates rapid decrease in inflation;

🛑 Neutral: CPI in the range of 6.0-6.3
Would signal a moderate decrease in inflation;

🛑Negative: CPI 6.4 and above
A sign of the US monetary policy's ineffectiveness.

💭 Anyway, a volatile day is ahead, so buckle up and exercise caution in your traiding decisions!

@Cryptoz ₿

📆 Global crypto headlines of the day:

🛑Three wallets linked to FTX and Alameda Research moved $145 million in stablecoins on a crypto exchange.

🛑Filecoin's decentralized data storage platform launched its own virtual machine FVM.

🛑Tether printed 2 billion USDT today.

🛑CZ denied rumors that CoinMarketCap planned to buy CoinDesk.

🛑The newly appointed CEO of SVB urges customers to deposit money, stating that his bank is one of the most reliable banks in the country.

🛑Meta will cut 10,000 more employees and close 5,000 positions.

@Cryptoz ₿

🔞 Coinglass: liquidated LONG and SHORT positions on 281,900,000$ (24 hours))

@Cryptoz ₿

Aptos developers have reported that the next network update will lead to a reduction in gas fees throughout the ecosystem.

@Cryptoz ₿

Credit Suisse shares collapse on premarket ↓21% 👀

The Fed saved American banks, but the crisis managed to spread to European ones.

@Cryptoz ₿

To the bottom: Credit Suisse infection has spread to other European banks 😱

@Cryptoz ₿

💥 BTC = strongest 3-day rally since October 2019

@Cryptoz ₿

#records #banks
❗️ Glassnode: BTC was transferred to the crypto exchanges for $1,000,000,000 in 3 days!

Morgan Stanley Analysts:

✔ "Bitcoin is not isolated from the traditional banking system"

✔ The BTC price is supported by "bank liquidity" in US dollars. Bitcoin is not a currency, but a speculative asset.

✔ Everything depends on the policy of the Central Bank.

@Cryptoz ₿

🇨🇭 Swiss National Bank (SNB)

✔ Everything that happens in the USA does not pose a direct risk of infection of our financial markets.

✔ Credit Suisse meets the capital and liquidity requirements.

✔ If necessary, we will provide the bank with the necessary liquidity.
(statement)

@Cryptoz ₿