George Soros Shorts & Silvergate Collapses | Bitcoin vs. The Banks
We dive into the recent news involving Silvergate Bank's collapse as well as the connection between the institution with George Soros. The regulatory crackdown continues as it appears the real fight between Bitcoin and the banks is heating up!
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► Opening Clip: https://twitter.com/ShehabBawazeer2/status/1592860511024320513?s=20
► Bloomberg TV Silvergate: https://twitter.com/bloombergtv/status/1631343780849672192?s=61&t=VU_9F5guzrqARbDNu9avDg
► Silvergate Capital sinking: https://twitter.com/cnbcwex/status/1631264920787460096?s=61&t=VU_9F5guzrqARbDNu9avDg
► These Crypto Firms Have Decided To Cut Ties With Silvergate: https://bitcoinist.com/crypto-firms-decided-to-cut-ties-with-silvergate/
► SILVERGATE CAPITAL $SI CRASHING: https://twitter.com/winfieldsmart/status/1631275610923323394?s=61&t=VU_9F5guzrqARbDNu9avDg
► George Soros' fund reveals it's betting against Silvergate as the crypto-friendly bank is probed over its ties to FTX: https://markets.businessinsider.com/news/stocks/george-soros-fund-bet-against-crypto-bank-silvergate-2023-2
► Will crypto-friendly bank Silvergate file for bankruptcy this weekend?: https://protos.com/will-crypto-friendly-bank-silvergate-file-for-bankruptcy-this-weekend/
► Coinbase cutting ties with Silvergate forces crypto hedge fund to find a new bank: https://cointelegraph.com/news/coinbase-cutting-ties-with-silvergate-forces-crypto-hedge-fund-to-find-a-new-bank
► "importance" of Silvergate in the crypto industry: https://twitter.com/bogdanduman/status/1631359607640580121?s=61&t=VU_9F5guzrqARbDNu9avDg
► Regulator Warnings Prompt HSBC and Nationwide Banks to Limit Crypto Transactions: https://cryptonews.com/news/regulator-warnings-prompt-hsbc-nationwide-banks-limit-crypto-transactions.htm
► MicroStrategy Claims Minimal Exposure as Crypto.com, Coinbase, and Gemini Pause Transactions with Silvergate Bank – What's Going On?: https://cryptonews.com/news/microstrategy-claims-minimal-exposure-as-cryptocom-coinbase-gemini-pause-transactions-with-silvergate-bank-whats-going-on.htm
► $200M of Bitcoin long liquidations as BTC drops to $22k: https://cryptoslate.com/insights/200m-of-bitcoin-long-liquidations-as-btc-drops-to-22k/
► SEC chair implies crypto exchanges may not be ‘qualified custodians’ as the new rule is drafted: https://cointelegraph.com/news/sec-chair-implies-crypto-exchanges-may-be-qualified-custodians-as-new-rule-is-drafted
► Sen. Elizabeth Warren and colleagues demand to see Binance’s balance sheets: https://cointelegraph.com/news/sen-elizabeth-warren-and-colleagues-demand-to-see-binance-s-balance-sheets
► Choo Johnny Depp meme: https://twitter.com/0xChoo/status/1631342833083850766?s=20
► New court filing shows FTX owes customers $1.6 billion of #Bitcoin but only has $1 million: https://twitter.com/RSync25/status/1631665888679043072?s=20
► If you lie down with dogs, you will get up with fleas: https://twitter.com/JohnReedStark/status/1631637008505249794?s=20
► Be your own bank. #bitcoin : https://twitter.com/Excellion/status/1631446012194697219?s=20
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