Caribbean Bitcoiner #62

Weekend Crypto price action according to the Lizard 🦎 (coingecko.com) and top stories. Opening Piece: FDIC failed Bank Information. First National Bank of Nevada, Reno, NV, 2008. FDIC.gov. In the news today: 1) Bitcoin, Ethereum Analysis. BTC above $20, 000, ETH beyond $1,400 on Saturday. news.bitcoin.com. 2) Billionaire warns of imminent bank runs if Govt. fails to guarantee all SBV deposits. news.bitcoin.com. 3) Banks down? That is why Bitcoin was created, crypto community says. Cointelegraph.com. 4) Silicon Valley Bank (SBV) shuttered by California State Regulators. coindesk.com. 5) SBV Contagion: crypto companies affected include Blockfi, Circle, Avalanche, Yuga Labs and Proof. Decrypt.co. 6) USDC stablecoin falls to 87 cents after Circle discloses exposure to Silicon Valley Bank. Decrypt.co. 7) Old story: Circle sounded alarm on Paxos..said Binances's stablecoin wasn't fully backed. Feb 13th. Coindesk.com. 8) Coinbase, Binance suspend USDC conversion as dollar peg wobbles. Decrypt.co. 9) SVB collapse: Blockfi left $227 million @ failed Bank. www.thestreet.com. 10) Crypto whales suffer huge losses due to USDC depegging. cointelegraph.com. 11) Banks are @ risk to Fiat-backed stablecoins, Binance CEO says. www.investing.com. 12) SEC snubbed as Voyager wins court approval for sale to Binance.US. 13) Binance tried to hire Gary Gensler in 2018 for closer ties with US regulators: report. cointelegraph.com. 14) Shiba Inu Burn Machine has no effect on 590 Trillion ShIB supply, data shows. U.today. Do your own research. Any information provided here can be sourced. And this podcast and or the MIB Crew do not offer to sell or purchase crypto. Our focus is communal wealth and educating the Diaspora on the benefits of investing in this asset class for extra income, and establishing generational wealth.