At the time of writing, USDC lost 3% of its value as it traded at $0.969, and a Circle executive envisions broader implications for business, banking and entrepreneurs without a Federal rescue plan.

Circle joined other customers and depositors in calling for the continuity of SVB in the US economy.

BlockFi’s capital allocated to the money market mutual fund is not FDIC insured, however the fund doesn’t appear to be managed by Silicon Valley Bank.

The crypto market is taking a walloping, and there are three important reasons why BTC’s $380 billion valuation is a key support for the entire market.

SEC Commissioners Mark Uyeda and Hester Peirce have issued a joint statement highlighting discrepancies they see in the application of standards to applicants for ETPs.

Circle's reserves are held in a number of banks in the United States, including Silvergate, Silicon Valley Bank, and Bank of New York (BNY) Mellon.

Negative headlines surrounding Silvergate dragged Bitcoin's price below $20,000. Meanwhile, bankrupt Alameda is planning to sue Grayscale and its parent company DCG.

The plan intends to allow developers to recover tokens from certain AAVE contracts and send them to owners who transferred them by mistake.

The bill, criticized by many conservatives, proposed amending the state’s Uniform Commercial Code to specifically exclude digital assets — with the possible exception of CBDCs.

The February U.S. jobs report was a mixed bag, which seems to have provoked interest from a few bulls in BTC and altcoins.