The digital-asset market is coming off of a turbulent year featuring a number of high-profile blow ups. Now, two shutdowns in the banking industry – SVB Financial Group’s Silicon Valley Bank and Silvergate Capital Corp.- have set off a fresh set of stresses. Annabelle Droulers reports on Bloomberg Television.
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    47 Comments

    1. Despite the economic downturn, I'm so happy 😊i have been earning $33,000 returns from my $10,000 investment every 12 days

    2. Attention: if you have any kind of digital, dump it now and run as fast as you can from it and never look back….

      A storm is coming, when they hit delete, you are the ones with the massive hole in your bank account….

      Always keep your eye on Buffet when the clouds come in.

      Dump the digital now.

    3. what kind of demonic accent is that? australian? jesus christ. had to really pay attention to understand what she was saying

    4. There have already been many triggers to crash the stock market but denial was just too strong. Multiple bank collapses could be the final straw or not. The bullish denial is unreal

    5. These were banks for the wealthy VCs with 97% of their accounts having over $250k. It should come as no surprise that the government will bail out these “uninsured” depositors and make them whole. If the little guy had $1M and a bank that wasn’t for the wealthy went under, you can be sure the government wouldn’t give a shit about making them whole and would cut him a check for $250k and not a penny more.

    6. First Cryptocoin Dev: "Hey, want to exchange your hard earned money for fake digital money?"

      "No"

      "Well, its tradable so you'll have charts and based on our chart that we drew with the buyer and seller being ourselves, the price have gone up. You might miss out on possible future price increase."

      "What's the benefit?"

      "Well, you can buy the fake digital money and send it to someone else. And if that someone else manages to sell the fake money to a greater fool at or above your cost, then its basically remittance without the fees."

      "What if the price goes down?"

      "Then you HODL"

      "HODL as in How Only Dimwits Listen?"

      "No, HODL as in a misspelling of HOLD because we can't legally tell you to hold an illegally issued digital security masked as currency when prices are clearly going down due to it being intrinsically worthless"

      "I'm sceptical"

      "Our fake digital money will be limited in quantity but the kinds of fake digital money is unlimited. In fact, it's open sourced. Anyone can make their own fake digital money. Just change the name a little."

      "I don't buy the premise"

      "But don't you hate the government spending beyond their means and printing money and eroding the value of your savings"

      "Yeah"

      "Well, you're in luck because we're not the government. Putting your savings in fake digital money will erode the value of your savings. But thank God we're not the government. We're decentralized so we can avoid legal regulations and responsibilities. When you lose all your savings, you'll have no way of getting it back"

      "I don't catch your drift"

      "Well, we built scientifically the most energy intensive mechanism that just simply store the data of who owns the fake digital money. This way, we get to destroy the environment as well! We sure pushed the boundaries of what is possible."

      "That sounds terrible"

      "Yes, but we named it after cute animals"

      "Like what?"

      "Doge"

      "Sold! Here take all my money!"

    7. Nəsə pridryzyvam poradi sum navreden I ofrlen iako jas İmişli vo 2022 godina povehe proetite pr in za zlatoto cikot I nikelot. Pose tr mesec I za bitonot I lokymot taka go vikam. Sum navreden I obrykan zato nə preplatam. Nikoj

    8. My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US.

    9. Nice video stocks are falling and bond yields are rising, but markets still don't seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $250,000 stock portfolio, what's the best way to take advantage of this bear market?

    10. Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $280K for sometime now, my major challenge is not knowing the best entry and exit strategies… I would greatly appreciate any suggestions on.

    11. Is now an excellent time to invest in bitcoin? Despite the fact that everyone seems to agree that stocks are currently undervalued, when will the market begin to recover? There are, of course, ways to get around in the modern economy, but the average person cannot employ these methods. Would it be better to put my money somewhere else?

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