Silicon Valley Bank holds $173B of deposits.
Fed interest rate is at 4.57%
SVB's $117B of securities (MBS) yield 1.56-1.66%
This is causing a bank run
If enough VC / tech cos pull their money,
—SVB may be bankrupt
—Many startups may be wiped out
—Crash may cause a recession!
Excited to announce our partnership with @CoinbaseWallet! Young people (13-25) can now send Bitcoin to their #Coinbase Wallets after earning through our L2E platform. Proud to be pioneering a new space while breaking down financial barriers for underrepresented youth! #bitcoin
Seeking asylum is 100% a legal form of entry. #EndTitle42 now.
Can I count on you, @repbarbaralee, to protect people seeking safety at our border by rejecting any bill that would extend #Title42? via @RAICESTEXAS
Seeking asylum is 100% a legal form of entry. #EndTitle42 now.
Can I count on you, @SenAlexPadilla, to protect people seeking safety at our border by rejecting any bill that would extend #Title42? via @RAICESTEXAS
Seeking asylum is 100% a legal form of entry. #EndTitle42 now.
Can I count on you, @SenFeinstein, to protect people seeking safety at our border by rejecting any bill that would extend #Title42? via @RAICESTEXAS
URGENT! Mumia Abu-Jamal desperately needs medical care. Freedom is the only treatment. Release him now! https://t.co/3t9nDPgOD2 #FreeMumia via @DA_LarryKrasner
URGENT! Mumia Abu-Jamal desperately needs medical care. Freedom is the only treatment. Release him now! https://t.co/3t9nDPgOD2 #FreeMumia via @GovernorTomWolf
@helloevalato Is your billing platform down? My team and I have tried to pay on your platform several times and it will not accept payment. Can you let us know if this is a backend issue?