Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

THE HASH: Bitcoin Surges Above $24K as Silicon Valley Bank Customers Will Have Access to Their Money

THE HASH: Bitcoin Surges Above $24K as Silicon Valley Bank Customers Will Have Access to Their Money

FromCoinDesk Podcast Network


THE HASH: Bitcoin Surges Above $24K as Silicon Valley Bank Customers Will Have Access to Their Money

FromCoinDesk Podcast Network

ratings:
Length:
25 minutes
Released:
Mar 13, 2023
Format:
Podcast episode

Description

The most valuable crypto stories for Monday, March 13, 2023. Bitcoin (BTC) is climbing above $24,000, as the Federal Deposit Insurance Corporation said depositors of Silicon Valley Bank will have full access to their money beginning Monday morning, after confirming a successful transfer of deposits to a new bridge bank. This comes as crypto exchange Binance said it will convert $1 billion worth of Binance USD (BUSD) to bitcoin (BTC), ether (ETH), BNB coin (BNB) and other tokens to support the market.See also:Binance Will Convert $1B Worth of BUSD Stablecoin to Bitcoin, Ether, BNB and Other TokensUSDC Stablecoin Regains Dollar Peg After Silicon Valley Bank-Induced ChaosCircle Scrambles to Right USDC After Signature Bank Failure-This episode has been edited by Ryan Huntington. The senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”-Are you building the next big thing in Web3? Apply to pitch your project live on stage at the CoinDesk Pitchfest Powered by Google Cloud at Consensus, the industry’s most influential event happening April 26-28 in Austin, Texas. Apply by March 31 for a chance to be among the twelve finalists selected to pitch. Visit consensus.coindesk.com/pitchfest for more information.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Mar 13, 2023
Format:
Podcast episode

Titles in the series (100)

The top stories and best shows in the blockchain world, delivered daily from the team at CoinDesk.