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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2230. (Read 26609892 times)

legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
HSBC just bought the UK arm of Silicon Valley Bank for £1.

https://www.bbc.com/news/business-64937251

Quote
HSBC has agreed to buy the UK arm of collapsed US Silicon Valley Bank (SVB), bringing relief to UK tech firms who warned they could go bust without help.

Customers and businesses who have money deposited in SVB UK will be able to access it as well as other banking services as normal.

The Treasury said the deal with HSBC involved no taxpayer money and the Bank of England said deposits were secure.

HSBC said it paid just £1 for the SVB's UK arm after it failed on Friday.

The bank that got convicted for massive money laundering and got a slap on the wrist?

What could go wrong?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
Give the recent issues with USDC, Binance have decided to pump the price of BTC, BNB and ETH by dumping their $1 billion IRI stablecoin holding Cheesy

Quote from: CZ
Given the changes in stable coins and banks, #Binance will convert the remaining of the $1 billion Industry Recovery Initiative funds from BUSD to native crypto, including #BTC, #BNB and ETH. Some fund movements will occur on-chain. Transparency.

Source: https://twitter.com/cz_binance/status/1635131601884700674

Clearly should of just gone 100% Bitcoin. Ethereum isn't a reserve asset due to the upgrades that take place while BNB is probably less reliable than USDC. But of course, he shills his exchange token in the process even if only a small percentage goes into it (knowing it's not a reliable SoV). Who was it that said stablecoin failings was bad for Bitcoin? So far price is up +10% and not showing any signs of slowing down.

Doubt my $19.2K bid will get filled now, still managed to get $20.2K. Maybe quick pull-back to $21.5K before further upside? Should have just put it all on the 200 Day MA at $19.7K in hindsight. Didn't expect the bullish bounce from support to be so "picture perfect", was anticipating a bit more mess with bear trap, rather than bullish continuation. Now price has left the $19K to $21.5K accumulation zone again.

Anyway. Another day, another pump. Back above $23K local distribution zone and price will be re-testing again $25K in no time. 50 Week MA resistance now at $23.1K, down from $24.7K.

I got some at 21.3 and some at 20.2 passed on 19.9. I got my dca at 21.2
legendary
Activity: 1722
Merit: 2213
Give the recent issues with USDC, Binance have decided to pump the price of BTC, BNB and ETH by dumping their $1 billion IRI stablecoin holding Cheesy

Quote from: CZ
Given the changes in stable coins and banks, #Binance will convert the remaining of the $1 billion Industry Recovery Initiative funds from BUSD to native crypto, including #BTC, #BNB and ETH. Some fund movements will occur on-chain. Transparency.

Source: https://twitter.com/cz_binance/status/1635131601884700674

Clearly should of just gone 100% Bitcoin. Ethereum isn't a reserve asset due to the upgrades that take place while BNB is probably less reliable than USDC. But of course, he shills his exchange token in the process even if only a small percentage goes into it (knowing it's not a reliable SoV). Who was it that said stablecoin failings was bad for Bitcoin? So far price is up +10% and not showing any signs of slowing down.

Doubt my $19.2K bid will get filled now, still managed to get $20.2K. Maybe quick pull-back to $21.5K before further upside? Should have just put it all on the 200 Day MA at $19.7K in hindsight. Didn't expect the bullish bounce from support to be so "picture perfect", was anticipating a bit more mess with bear trap, rather than bullish continuation. Now price has left the $19K to $21.5K accumulation zone again.

Anyway. Another day, another pump. Back above $23K local distribution zone and price will be re-testing again $25K in no time. 50 Week MA resistance now at $23.1K, down from $24.7K.
legendary
Activity: 3512
Merit: 4557
Stocks banksters down.

Bitcoin up.
full member
Activity: 711
Merit: 204
He pretty much said the American banking system is perfect and everything is just peachy.
Don't know why you losers are wasting time with this stupid "bit of a coin" thing.
"funds are safu, USA stronk"
legendary
Activity: 1526
Merit: 2617
SVB, SBF sounds the same…
HoneyBadger doesn’t care…
Keep on the Hodl.


Silicon Very Bankrupt

Sam Bankrupt Fraud
full member
Activity: 711
Merit: 204
Let's see what the CEO of Dollar has to say.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
SVB, SBF sounds the same…
HoneyBadger doesn’t care…
Keep on the Hodl.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 1386
Merit: 132
Precision Beats Power and Timing Beats Speed.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2772
Merit: 2846
Have the cold from hell
Taking thirteen aspirins
Going back to bed


Actually I only took two, but I needed two syllables.

See you when I wake up.

If the coronavirus has added some cold genes could the cold have some added some coronavirus genes?

https://www.reuters.com/business/healthcare-pharmaceuticals/omicron-variant-may-have-picked-up-piece-common-cold-virus-2021-12-03/

Quote
The Omicron variant of the virus that causes COVID-19 likely acquired at least one of its mutations by picking up a snippet of genetic material from another virus - possibly one that causes the common cold
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2772
Merit: 2846
HSBC just bought the UK arm of Silicon Valley Bank for £1.

https://www.bbc.com/news/business-64937251

Quote
HSBC has agreed to buy the UK arm of collapsed US Silicon Valley Bank (SVB), bringing relief to UK tech firms who warned they could go bust without help.

Customers and businesses who have money deposited in SVB UK will be able to access it as well as other banking services as normal.

The Treasury said the deal with HSBC involved no taxpayer money and the Bank of England said deposits were secure.

HSBC said it paid just £1 for the SVB's UK arm after it failed on Friday.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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