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Últimas de Sam Reynolds
First Citizens to Buy Much of Silicon Valley Bank, Assuming $72B in Loans, $56B in Deposits
The Federal Deposit Insurance Corp. also acquired equity appreciation rights in the parent of First Citizens Bank, which are potentially worth up to $500 million.
First Citizens to Buy Silicon Valley Bank: Bloomberg
SVB, a bankrupt lender, was the bank for some big crypto firms, including Circle Internal Financial.
First Mover Asia: Bitcoin Is Ready for a Consolidation Phase
ALSO: Sam Reynolds writes that decentralized derivatives platforms are having a liquidity problem. The shortage may stem from crypto traders' current caution, but at least one stakeholder is optimistic that the situation will change.
ARK Uses 'Wells Dip' to Stock Up Again on Coinbase Shares, Two Days After Selling
Coinbase shares tumbled 16% Thursday after the company disclosed late Wednesday it had received a Wells Notice from the Securities and Exchange Commission.
Floor Prices for Donald Trump NFTs Surge on News of Possible Indictment
Meanwhile, the Polymarket prediction contracts relating to the former U.S. president's indictment have become some of the most actively traded on the platform.
Avalanche Blockchain's X and C Networks See Brief Outage
On-chain data shows that transactions sent over X-Chain are lagging, while C-Chain has recovered from an earlier outage.
Crypto Exchange Luno Rejiggers Leadership Roles as It Seeks to Boost Investor Base, Eyes Public Listing
CEO Marcus Swanepoel is moving into a new role as executive chairman, and COO James Lanigan has been promoted to CEO.
First Mover Asia: Traders Focused on Liquidity, FOMC as Asia Opens Its Business Day
Crypto prices remain flat ahead of the FOMC's rate decision.
ARK Invest Sells $13.5M Coinbase Shares After Steady Buying Streak
The crypto exchange's shares saw a five-day gain of 22.09%.
First Mover Asia: Crypto VC Funding Was Resilient in the Bear Market; It’s Now Powering Through This Mini-Bull Cycle
A Crypto Rank team of analysts wrote that “despite the inherent volatility of the cryptocurrency market, venture capitalists…continue to pour significant investments into the industry.”
