Discover and read the best of Twitter Threads about #Binances

Most recents (1)

The biggest banking collapse since 2008 explained. And how it will impact the crypto markets.

Thread 👇
#SiliconValleyBank ('SVB') was the 16th biggest bank in the US.

Primarily servicing US technology startups.
During COVID, SVB massively benefited from the tech startup golden period.

In lockdown, tech companies did very well providing entertainment & delivery services.

These companies' excess cash was stored with SVB in the form of deposits. Image
Read 21 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!