This was the 2nd largest bank failure in the United States! Ryan and David discuss the breaking story around the SVB banking crisis. What happened? Why? What's the effect on crypto, the rest of the financial markets, and the banking system?
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0:00 Intro
10:50 Recap https://twitter.com/biancoresearch/status/1634885127179325440) 22:40 Balaji https://twitter.com/balajis/status/1634297491507273730)
28:05 Joint Statement from FDIC, Fed, Treasury https://home.treasury.gov/news/press-releases/jy1337) 32:40 Silvergate says it would have been fine https://twitter.com/tarunchitra/status/1635130119030468608) 36:25 Bank Stocks Today https://twitter.com/krugermacro/status/1635272871563132928) 37:10 Circuit Breaker Day https://twitter.com/EricBalchunas/status/1635277429932699650) 38:14 XLF Banking sector: https://www.tradingview.com/chart/pabiN1CM/?symbol=AMEX%3AXLF) 38:37 Two Tiers of Banks https://twitter.com/DavidSacks/status/1634991519735361536) 39:25 Jake: “Will regulators get in the way of other banks providing services to crypto customers?" https://twitter.com/jchervinsky/status/1635062063583363072) Yano gives 6 options https://twitter.com/JasonYanowitz/status/1635092782665846784)
42:40 Effect on USDC https://twitter.com/circle/status/1634391505988206592) DAI too https://imgur.com/r52CCX1) 44:40 Chadallaire https://twitter.com/jerallaire/status/1635059024050937856?s=20) 48:20 USDC:USD conversions are good to go https://twitter.com/coinbase/status/1635276541545566215?s=20)
52:20 10 yr yield down https://twitter.com/Fxhedgers/status/1635283433684627457) 52:50 Pricing in new interest rates https://twitter.com/tier10k/status/1635218135405195264)
57:20 Meanwhile, crypto: https://twitter.com/Matt_Hougan/status/1635283436981358595) 58:25 Kraken Crypto Prices: https://pro.kraken.com/app/trade/ETH-usd 59:45 Banks down, Bankless up https://twitter.com/DaRealMilkBagz/status/1635317764306112520)
1:00:00 Binance buying 1 billy BTC https://twitter.com/cz_binance/status/1635131601884700674) 1:01:07 NLW Meme https://twitter.com/nlw/status/1635283902339375106) 1:03:29 Quintenz https://twitter.com/brianquintenz/status/1634173078828621825) 1:04:00 Attack on Crypto? https://twitter.com/nic__carter/status/1635328056234766337)
1:04:37 Don’t let them blame this on crypto https://twitter.com/RyanSAdams/status/1635058083071410176?s=20) https://twitter.com/TrustlessState/status/1635049623407726596?s=20)
1:05:05 Memes https://twitter.com/ErikVoorhees/status/1635282975100407812?s=20) https://twitter.com/milesjennings/status/1635319531790045184?s=20)
1:05:50 Closing & Disclaimers
----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
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