Data from Nansen shows that the total amount held by smart money wallets, and active addresses, are at multi-month lows. Author: Sam Reynolds
Archives for March 2023
First Mover Asia: Silicon Valley Bank Failure Highlights Small Banks’ Vulnerability; Bitcoin Soars Past $22.5K
Since September 2021, the growth in cash assets in small bank balance sheets has turned negative. Author: Sam Reynolds, James Rubin
Bitcoin Rises on Report Government Weighing Plan to Protect All Silicon Valley Bank Depositors
Author: Kevin Reynolds
Circle to ‘Cover Any Shortfall’ in USDC Reserves, Sparking Stablecoin Rally
The company plans to use corporate resources to fill the gap, including external capital. Author: Danny Nelson
Bitcoin Regains $20K After $200M in Crypto Liquidations; Some Traders Brush Off USDC Fears
Some traders are signaling strength for USD Coin, citing its treasury backing in U.S.-issued bonds. Author: Shaurya Malwa
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