Tag: SVB

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Crypto Wallets Withdraw $902M USDC From Centralized Exchanges in Past 24 Hours Amid SVB, Silvergate Shutdowns

Crypto Wallets Withdraw $902M USDC From Centralized Exchanges in Past 24 Hours Amid SVB, Silvergate Shutdowns

$11.4 billion of USDC reserves are held in the form of cash at Reserve Banks, which include the two members of the Federal Reserve System. www.coinde [...]
Gold Rises Amid SVB Nervousness and NFP Data at 13:30 GMT

Gold Rises Amid SVB Nervousness and NFP Data at 13:30 GMT

Gold (XAU/USD) AnalysisGold whipsaws after hawkish Fed speak is undone by softer employment dataOutflows of physical gold in the world’s largest gold [...]
Dow Jones, S&P 500 Plunge as SVB Financial and Silvergate Bank Drive Financial Woes

Dow Jones, S&P 500 Plunge as SVB Financial and Silvergate Bank Drive Financial Woes

Dow Jones, SVB Financial Group, Silvergate Capital Corp – Asia Pacific Market Open:Dow Jones, S&P 500, Nasdaq 100 plunged on ThursdaySVB Financia [...]
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