[Panic] Crypto banks getting shut down Get link Facebook X Pinterest Email Other Apps March 13, 2023 What this means for crypto traders... The headlines are flashing all over the web. Last week, Silvergate Bank — one of the few banks catering to the crypto industry — saw its stock shares drop by 89%. It was one of the first so-called crypto banks to collapse. Hot on its heels — Silicon Valley Bank. $48 billion were withdrawn by depositors on Friday, March 10. Some are calling it the "first bank run of the digital age." Just hours ago, Signature Bank was closed by regulators who fear a contagion spreading across the banking industry. Meanwhile, in our little neck of the crypto woods… We've seen multiple Markets Pro 2.0 alerts turn into double-digit trades as the panic sets in and the chaos plays out. Like these... 15.54% on TRX 10.17% on BTC 10.47% on ETH 22.08% on CFX 31.12% on STX All of these gains happened within 48 hours. It seems to me that all of the drama in the banking industry is opening up all sorts of opportunities for crypto traders. The trick is knowing where to look. Before most other crypto traders have a clue what happened. This is how we pin down the best plays. Regards, Russell DeCorte Director Markets Pro © 2023 COINTELEGRAPH MARKETS PRO COINFIDENTIAL. Copyright © 2023 Cointelegraph Markets Pro, All rights reserved. You are receiving this email because you opted in at our website. Our mailing address is: Cointelegraph Markets Pro21 W 46th StNew York, NY 10036-4119Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list. Get link Facebook X Pinterest Email Other Apps