𧨠Black Swan from SVB bank.
They announced the sale of assets for $1.75 billion
Bank shares collapsed by 60%
π° This affected the entire banking segment, the largest drop in banking shares in the last 3 years.
βοΈApproximate unrealized bank losses $690,000,000,000
#Bitcoin
They announced the sale of assets for $1.75 billion
Bank shares collapsed by 60%
π° This affected the entire banking segment, the largest drop in banking shares in the last 3 years.
βοΈApproximate unrealized bank losses $690,000,000,000
#Bitcoin
π€―3π1
π©Έπ©Έπ©ΈWelcome to BLOOD BATH
BITCOIN and ICP
https://youtu.be/ucSuUwFEjcg
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BITCOIN and ICP
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ICP Token Price Predictions [ bloodbath ]
Bloodbath for Banking Sector and Crypto
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BLACK SWAN for crypto? Its not over till end of march.
https://youtu.be/TGK34qCP4cw
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ALGORAND Price Prediction [ Black SWAN? ]
Is it a black swan what everyone waiting for or this drop is not enough?
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New video with my experiment portfolio meme coins and all this trash =)
https://youtu.be/gf1ZqDf1pjY
https://youtu.be/gf1ZqDf1pjY
YouTube
FLOKI INU Coin [ New altcoins with potential or Scam? ]
Should you buy Folk Inu coin or not? New meme coin is it a scam or not?
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π² What's going on with USDC?
β‘οΈLet's face the truth. All stablecoins sooner or later meet the same fate. This is the fate of the moon. These assets are absolutely not protected by anything and will not be protected anywhere. They are convenient to use for transferring funds or for speculative trading, but cryptocurrency itself is a class of high-risk assets, even stablecoins.
π₯ And now, in order, what happened.
1οΈβ£Circle (USDC issuer) had $3.3B of cash out of $40B of collateral in Silicon Valley Bank, which could lead to losses of up to $200-350M.
2οΈβ£Coinbase and Binance have stopped the USDC -> USD and USDC -> BUSD exchange mechanism respectively.
3οΈβ£There is an imbalance in favor of USDC in the 3pool pool from Curve.
4οΈβ£Large ones, such as genesis, galaxy, blocktower, 0xsisyphus, are trying to get out of USDC.
π¦ And the bank where Circle held assets is now bankrupt. Silicon Valley Bank (SVB), declared bankrupt. It specialized in technology start-up financing and venture capital financing, had about $209 billion in assets and $175 billion in client deposits.
The Federal Deposit Insurance Corporation (FDIC) has seized control of the bank and will begin disbursing insured deposits on March 13, before proceeding to liquidate its assets and distribute the certificate pro rata to the remaining uninsured investors. The investment portfolio of the bank amounted to 54% and consisted mainly of long-term bonds, mainly mortgage bonds in the MBS segment.
β‘οΈThe situation looks unfavorable for Circle, especially in light of the possible onslaught of arbitrageurs on Monday and the flow of $10-15B. It is not yet clear if Circle can survive this situation, most likely not.
#news
β‘οΈLet's face the truth. All stablecoins sooner or later meet the same fate. This is the fate of the moon. These assets are absolutely not protected by anything and will not be protected anywhere. They are convenient to use for transferring funds or for speculative trading, but cryptocurrency itself is a class of high-risk assets, even stablecoins.
π₯ And now, in order, what happened.
1οΈβ£Circle (USDC issuer) had $3.3B of cash out of $40B of collateral in Silicon Valley Bank, which could lead to losses of up to $200-350M.
2οΈβ£Coinbase and Binance have stopped the USDC -> USD and USDC -> BUSD exchange mechanism respectively.
3οΈβ£There is an imbalance in favor of USDC in the 3pool pool from Curve.
4οΈβ£Large ones, such as genesis, galaxy, blocktower, 0xsisyphus, are trying to get out of USDC.
π¦ And the bank where Circle held assets is now bankrupt. Silicon Valley Bank (SVB), declared bankrupt. It specialized in technology start-up financing and venture capital financing, had about $209 billion in assets and $175 billion in client deposits.
The Federal Deposit Insurance Corporation (FDIC) has seized control of the bank and will begin disbursing insured deposits on March 13, before proceeding to liquidate its assets and distribute the certificate pro rata to the remaining uninsured investors. The investment portfolio of the bank amounted to 54% and consisted mainly of long-term bonds, mainly mortgage bonds in the MBS segment.
β‘οΈThe situation looks unfavorable for Circle, especially in light of the possible onslaught of arbitrageurs on Monday and the flow of $10-15B. It is not yet clear if Circle can survive this situation, most likely not.
#news
π’3
π’Risky long for ALGORAND!
Watch this video about SP500/ Bitcoin and Algo before Monday
https://youtu.be/vE4WsG26l10
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Watch this video about SP500/ Bitcoin and Algo before Monday
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ALGORAND Price Prediction [ Bitcoin and SP500 ]
Algo price analysis today. Risky long from this current price?
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π₯3
Big risk = big money!
You should see something what I dont wanna see on ICP chart, but if its play out ICP can drop under 1$
https://youtu.be/Q0R19uhaeAI
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You should see something what I dont wanna see on ICP chart, but if its play out ICP can drop under 1$
https://youtu.be/Q0R19uhaeAI
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ICP Token Price Predictions [ big risk = big money ]
Let's analyse ICP token price chart. ICP price prediction today
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π€―4
A month ago, Jim Cramer advised to buy shares of Silicon Valley Bank at $320 per share
The bank is bankrupt todayπ Jim is still unbeaten.
π€‘ By the way, one of the leaders of Silicon Valley Bank, Joseph Gentile, previously worked at Lehman Brothers, which collapsed in 2008, provoking the global financial crisis. Another curious detail: Silicon Valley Bank CEO Greg Becker sold $3.6 million worth of company stock as part of a trading plan less than two weeks before the bank went bankrupt.
#sp500
The bank is bankrupt todayπ Jim is still unbeaten.
π€‘ By the way, one of the leaders of Silicon Valley Bank, Joseph Gentile, previously worked at Lehman Brothers, which collapsed in 2008, provoking the global financial crisis. Another curious detail: Silicon Valley Bank CEO Greg Becker sold $3.6 million worth of company stock as part of a trading plan less than two weeks before the bank went bankrupt.
#sp500
https://www.circle.com/blog/an-update-on-usdc-and-silicon-valley-bank
Read full updates about USDC
Read full updates about USDC
π°Low Cap crypto playlist. Interesting things...Mr.Beast followed this project. Watch video till the end, to see full quick review and know would i add this play2earn low cap coin to portfolio or not
https://youtu.be/NcdHZ2VcHHM
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https://youtu.be/NcdHZ2VcHHM
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Sidus Heroes coin [ Mr.Beast will pump this crypto? ]
Mr Beast followed account Sidus on twitter. So should you buy this coin or not, in today quick review.
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February 6 Forbes: SVB - One of the best banks in America π€‘
November 14 JP Morgan Bank: Calls to buy SVB in a separate report
#news
November 14 JP Morgan Bank: Calls to buy SVB in a separate report
#news
π€£3