Bank of Silicon Valley

According to reports, the US stock market of Bank of Silicon Valley plummeted 97.41% to US $2.75 before trading. Previously, First Citizen Bank agreed to acquire Silicon Valley Ban

On March 24th, according to local time on the 23rd, a person familiar with the matter said that United Bank, a US customer, was considering acquiring all or part of the assets of Bank of Silicon Valley. According to reports, the bank has been seeking co investors to cooperate in completing the transaction. A person familiar with the matter said that the customer Unity Bank had not yet made a final decision. In addition, it was reported that Citizen Financial Group of America was interested in acquiring the private banking…

21:00-7:00 Key words: Federal Reserve, Emergency Loan, USDC, Bank of Silicon Valley Interpretation of this information: The message refers to the Federal Reserve’s emergency loan facility for banks in the Bank of Silicon Valley. The Federal Reserve is a central banking system in the US, which provides banking services to the US government, offers protection to the public, and regulates the nation’s monetary policy. The emergency loan facility is a temporary source of funding for banks that are experiencing financial issues. The Bank of Silicon Valley has received a USDC…

It is reported that the Bank of First Republic of the United States fell more than 30% before the opening of the session. After the Bank of Silicon Valley, the Bank was also run late last week. Interpretation of this information: The news has it that the Bank of First Republic, one of the leading banks in the United States, suffered a substantial drop of over 30% before the opening of the trading session. While the reasons behind the sudden decline are not yet clear, it comes as a surprise…

21:00-7:00 Key words: Circle, SEC, Bank of Silicon Valley, Nansen Interpretation of this information: The message seemingly pertains to some sort of event or meeting that is scheduled to take place during the night from 9:00 pm to 7:00 am. There are four main components of the message, including the time frame, the circle, the SEC, and two entities, namely the Bank of Silicon Valley and Nansen. At first glance, it appears that the message might be referring to a private gathering. The reference to the “circle” could signify an…

On March 11, it was reported that USDC and DAI were temporarily slightly anchored due to the Bank of Silicon Valley incident. According to the market, USDC is temporarily quoted at US $0.9952 and DAI is temporarily quoted at US $0.9963. Curve platform stable currency 3pool has a slight proportion tilt, with USDT accounting for 5.95%, USDC and DAI accounting for 44.56% and 49.48% respectively. According to the audit report of Circle in January this year, Circle has reserves in many regulated financial institutions in the United States, including Silicon…

According to CNBC, Brex, an American financial services and financial technology company, received billions of dollars from the Bank of Silicon Valley on Thursday (March 9). A person with direct knowledge of the situation said that Brex opened thousands of new accounts on Thursday, with a total inflow of billions of dollars. Other companies such as JPMorgan Chase, Morgan Stanley and First Republic Bank also saw an increase in capital inflows on Thursday, and SVB’s share price fell sharply due to bank run worries caused by venture capital. The outflow…

According to reports, according to Andrew, the founder of Crypto KOL and Twitter marked as X 3, disclosed on social media, the source said that the U.S. Securities and Exchange Commission was very clear about the bank exposure risk of Circle, especially the Bank of Silicon Valley. The source said: “The U.S. Securities and Exchange Commission absolutely believes that the USDC is a kind of security… It is expected to take further action in the next few weeks.” Interpretation of this information: The message is stating that the US Securities…

On March 10, the Wall Street Journal quoted people familiar with the matter as reporting that the Bank of Silicon Valley was negotiating with the investment bank Centriew and the law firm Sullivan&Cromwell for self-rescue. Among them, Sullivan&Cromwell, a law firm, participated in the FTX bankruptcy case. Interpretation of this information: The recent news about the Bank of Silicon Valley negotiating with Centriew and Sullivan&Cromwell for self-rescue has garnered attention. Speculations suggest that the bank’s poor financial performance and legal issues could have prompted such negotiations. The Bank of Silicon…

It is reported that the Bank of Silicon Valley (SIVB. O) fell more than 50% before the market, after several institutions proposed to withdraw funds. Interpretation of this information: The news about the Bank of Silicon Valley (SIVB.O) falling more than 50% before the market opened, turned out to be a shock for many. The reason for the fall is allegedly multiple institutions proposing to withdraw funds. While the specifics of these institutions have not been named, it is believed that this news is sufficient enough for the Bank of…

According to reports, the market showed that the US stock market of Bank of Silicon Valley fell by more than 46%. Interpretation of this information: The news about the US stock market of Bank of Silicon Valley falling by over 46% is concerning to investors and financial analysts alike. While there is no official statement from the bank regarding the reason for the drastic fall, some speculate that it could be due to the ongoing economic uncertainties caused by the COVID-19 pandemic. The pandemic has adversely affected the financial sector,…

It is reported that the US stock market of Bank of Silicon Valley fell by more than 20%. Previously, Y Combinator, a famous American business incubator, reportedly recommended that many companies limit their exposure to Silicon Valley Bank (SIVB). Founders Fund, the founder’s fund company, suggested that enterprises withdraw funds from SVB Financial Group. Interpretation of this information: The recent news about the US stock market of Bank of Silicon Valley is causing a stir among investors and businesses. The market has reportedly fallen by more than 20%, which is…