Silicon Valley Bank Collapse

On March 17th, according to a report by DappRadar on March 16th, before the collapse of the Silicon Valley bank on March 10th, NFT trading volume hovered between $68 million and $74 million, and then fell to $36 million on March 12th. From March 9 to March 11, the daily sales volume of NFT decreased by 27.9%. DappRadar: The collapse of banks in Silicon Valley has led to a significant impact on NFT trading volume Analysis based on this information:The NFT market has been rapidly growing in recent months, attracting investors and art-lovers alike. However, a recent report by DappRadar suggests that the Silicon Valley bank collapse has had a significant impact on NFT trading volume. Before the collapse on March 10th, NFT trading volume was hovering between $68 million and $74 million. However, after the collapse, the volume fell to $36 million on March 12th. This indicates that the collapse had a sudden and dramatic effect on the market….

It is reported that Liquidity Group, a venture capital company, plans to provide about US $3 billion of emergency loans to start-ups customers affected by the collapse of banks in Silicon Valley. Ron Daniel, CEO and co-founder of the company, said in an interview on Sunday that about $1.2 billion in cash would be available in the next few weeks. The company is also discussing with financing partners such as Mitsubishi UFJ Financial Group Inc. and Apollo Global Management Inc. to provide another US $2 billion in loans. Liquidity Group plans to provide loan assistance to start-ups affected by the collapse of banks in Silicon Valley Analysis based on this information:In a recent move that is set to provide an immediate relief to start-up businesses affected by the recent bank collapse in Silicon Valley, Liquidity Group, a prominent venture capital company, plans to offer a whopping $3 billion in emergency loans. As per CEO and co-founder Ron Daniel, the company…