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JUST IN: Robinhood suspends $USDC trading and deposits.
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JUST IN: Crypto stablecoins $USDC, $DAI, and $USDD all trading under $0.95
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JUST IN: Coinbase temporarily pauses $USDC to USD conversions.
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JUST IN: Elon Musk says he's "open to the idea" of Twitter buying Silicon Valley Bank and making it a digital bank.
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JUST IN: Binance temporarily suspends auto-conversion of $USDC to $BUSD, citing market conditions and high inflows.
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JUST IN: BlockFi crypto bank has $227 million in now-collapsed Silicon Valley Bank.
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JUST IN: Circle $USDC held an undisclosed amount of cash in Silicon Valley Bank $SIVB.
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JUST IN: 🇺🇸 Silicon Valley Bank $SIVB is the largest bank failure since the Great Recession.
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JUST IN: 🇺🇸 President Biden says his "economic plan is working."
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JUST IN: 🇺🇸 South Dakota Governor vetoes bill that excludes Bitcoin & other cryptocurrencies from the definition of money.
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JUST IN: 🇺🇸 US unemployment rate increases to 3.6%.
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JUST IN: $META (Facebook) is developing a decentralized social media Twitter competitor.
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BREAKING: Bitcoin falls under $20,000.
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JUST IN: 🇺🇸 New York says Ethereum is a security in KuCoin lawsuit.
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JUST IN: 🇺🇸 President Biden calls for $5.5 trillion in tax increases over the next decade.
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BREAKING: Circle $USDC stablecoin falls under $0.90
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JUST IN: Circle $USDC depegged and is now trading at $0.95
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BREAKING: Circle confirms $3.3 billion of the ~$40 billion $USDC reserves are in collapsed Silicon Valley Bank.
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JUST IN: President and CEO of collapsed Silicon Valley Bank Greg Becker was a Class A director at the San Francisco Federal Reserve, Reuters reports.
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JUST IN: Nearly 50% of all venture capital-backed startups in the US had exposure to Silicon Valley Bank $SIVB.
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JUST IN: $ROKU discloses 26% of its cash is in now-collapsed Silicon Valley Bank $SIVB.
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JUST IN: Silicon Valley Bank CEO sold $3.57 million worth of $SIVB stock in the past two weeks.
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BREAKING: 🇺🇸 Silicon Valley Bank $SIVB shut down by California regulators.
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JUST IN: 🇨🇴 Binance launches crypto Mastercard in Colombia.
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JUST IN: Silicon Valley Bank $SIVB in talks to sell itself, CNBC reports.
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JUST IN: 🇺🇸 US Government files appeal to block Binance US from acquiring bankrupt crypto lender Voyager Digital's assets for $1 billion.
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One month ago, Jim Cramer urged investors to buy Silicon Valley Bank stock $SIVB, saying it was "still cheap" and has "room to run."
The stock's value has since dropped by 66% following concerns that the bank is on the brink of collapsing.
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JUST IN: 🇺🇸 President Biden calls for a 30% tax on all electricity used to mine Bitcoin and cryptocurrency.
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JUST IN: 🇺🇸 Kucoin crypto exchange sued by New York's Attorney General.
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JUST IN: Discord to implement OpenAI's ChatGPT technology to "improve platform features."
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