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Small banks are crashing

Over the weekend, when parsing through the carnage sweeping the US banking sector, we analyzed which banks are facing the highest deposit-run risk in the aftermath of the SIVB - and now SBNY - failures, and focused on a handful of names who have the bulk of their funding in the form of deposits - deposits which are now suddenly at risk amid what seems to be a major bank run.

https://www.zerohedge.com/markets/small-banks-are-crashing

First Republic Shares Crash 60% As Regional Bank 'Crisis In Confidence' Spreads

First Republic Bank's stock crashed in premarket trading in New York following a statement issued on Sunday night that sought to ease investor worries about its liquidity situation in the wake of the failures of Silicon Valley Bank and Signature Bank.

Shares of the regional bank are down 60% in the premarket. The lender said in a statement late Sunday that it had more than $70 billion in unused liquidity to fund operations from agreements that included the Federal Reserve and JPMorgan Chase & Co.

https://www.zerohedge.com/markets/first-republic-shares-crash-60-regional-bank-crisis-confidence-spreads

Good news, Nostr is growing

Replying to Avatar isabella

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what is your only fans?

Can you please explain what you mean by stackign sats? In wallet of satoshi, you can only buy BTC and BTC is sats so I don't get it

Ok Need some Bitcoin advice. A few days ago I had $213, I bought the dip. Now my portfolio is at $263. Should I sell some of the gains to rebuy or just hold?

Currency should not act this way.

Democratic representatives are scrambling in the wake of the potentially contagious Silicon Valley Bank implosion, looking for a way to divert attention away from them should the crisis expand.

https://summit.news/2023/03/14/the-bank-crisis-has-democrats-scrambling-behind-the-scenes-to-find-a-scapegoat/

A good way. I had $213 invented yesterday and now my portfolio went up to $263