Banks Step Up to Serve Crypto Firms After Signature, Silvergate Blowups

As crypto companies have scrambled to establish new bank relationships, industry executives say they have received a positive reception from some regional banks.

• 2023-03-27
• Signature Bank banking services banking business Silvergate industry executives regional banks Cross River Bank bank relationships

Cathie Wood Spells Out Why Crypto is Gaining During Bank Crisis

Ark Invest's Cathie Wood has been saying all along that certain characteristics of cryptocurrency make it a good bet for the future. In a series of tweets she wrote the evening of March 22, she details her views on some specifics of the ongoing situation and the virtues of crypto. "Ironically, as crypto assets soared during the Silicon Valley Bank meltdown, this administration suggested that investors in regional banks -- equity and bond holders -- should prepare to be 'wiped out' in the after

• 2023-03-24
• Silicon Valley Bank Cathie Wood SVB banking crisis regional banks cryptocurrency

SVB Collapse Reveals a Surprise for Bitcoin

The banking crisis caused by the collapse of Silicon Valley Bank continues to worry investors. Since regulators shut down the California bank, which primarily catered to startups and venture capital firms, all eyes have turned to other regional banks. Then there's the crisis across the Atlantic Ocean: Investor mistrust revolves around Credit Suisse, the Swiss bank weakened by a series of scandals over the past three years.

• 2023-03-17
• Credit Suisse Silicon Valley Bank Michael Saylor Swiss National Bank SVB institutional investors bank account regional banks commercial banks venture capital firms Treasury Department