Streamed live on Mar 13, 2023
#ripple #xrp #gemini #bitcoin #usdc #federalreserve
In this video, we discuss the recent banking failures and how the crypto market is reacting after the Fed and President Biden responded to the situation.
Bitcoin and the crypto market are both booming right now, and there’s a good reason. The banking system is collapsing worldwide, and bitcoin and the crypto market benefit from it.
We have this and more to cover in today’s show, don’t miss it! Thanks for watching!
00:30 What happened over the weekend?
07:25 The entire crypto market
09:00 Crypto total market cap chart analysis
09:40 US dollar #dxy chart
10:10 #btc weekly, daily, 12h & 4h
11:00 BTC CME futures chart
12:05 USDC re-pegs
13:20 #gemini has no exposure to SVB
16:25 How the fed rug pulled the banks
18:05 BTC pumped on a plan to protect all SVB depositors
21:15 SVB execs sold shares before collapse
22:30 SVB CEO cashed out before collapse
23:10 Circle’s USDC reserves are recoverable & new banking partner
24:30 HSBC bank buys SVB UK arm for £1
27:55 FDIC shuts down Signature bank
30:05 #coinbase #paxos & #celsius had exposure to SVB
32:30 #ripple had some exposure
33:20 Exchanges halt bank stock trading
36:00 Binance helps stabalize the crypto market
39:00 Biden’s response to the situation
46:00 FED fund for backstopping banks
49:00 IMF warned G-20 countries about crypto affecting banks
Thank you all for joining us today! LIKE – SHARE – SUB xo