When I was a kid, I remember watching an old Batman TV show and Robin said to Batman, “Batman! We could have been killed…or worse.” I remember laughing so hard because it was so dumb. This headline takes me back to that moment. “Stablecoin Issuer Circle Reveals $3.3 Billion Exposure to Silicon Valley Bank”. It’s turtles all the way down, folks. There’s Bitcoin and then there’s everything else.

Bloomberg.com

Stablecoin Issuer Circle Reveals $3.3 Billion SVB Exposure

The second-largest stablecoin in crypto fell from its intended $1 peg on Saturday, trading as low as 81.5 cents, hurt by the exposure of issuer Cir...

I know this sounds cliche but Blanton’s is great bourbon.

BREAKING: BILL ACKMAN SEEN LEAVING A CVS BUYING EYE DROPS BEFORE HIS CNBC INTERVIEW WHERE HE’LL BE DISCUSSING SILICON VALLEY BANK.

Talking with #[0]​ this morning. He’s an expert on banking, Bitcoin, ETFs, and fixed income. Send us your questions, Silvergate, Signature, Silicon Valley Bank, and DCG are already on the agenda.

Things starting to look a bit disorderly with the too big to fail banks. #[0]​ #[1]​ #[2]​

US Services PMI Signals Inflation Re-Accelerating In Feb, Return To Expansion

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero