Adoption
AdoptionMajor
SVB Collapse — Bitcoin Rallies
Banking crisis renews the money printer narrative.
BTC Price
$22,000
Location
USA
Importance
82/100
Silicon Valley Bank and Signature Bank collapsed. Bitcoin surged 40% in two weeks as investors questioned fractional reserve banking.
Tags
#svb#banking-crisis#safe-haven
What else happened around this time?
ProtocolNotable
Ethereum Merge Highlights Bitcoin's PoW
ETH's move to proof-of-stake contrasts Bitcoin's security model.
BTC $19,000#ethereum#pos
SecurityLegendary
FTX Collapse
Sam Bankman-Fried's exchange collapses amid fraud allegations.
BTC $16,800#ftx#fraud
PriceLegendary
2022 Bear Market Low — $15,476
FTX aftermath drives BTC to lowest price since 2020.
BTC $15,476#bear-market#bottom
SecurityMajor
Genesis Bankruptcy
Crypto lender files for bankruptcy owing $3.4B.
BTC $21,000#genesis#bankruptcy