Wow, what an absolute wild weekend. Banks closing, government saving depositors. USDC gets unpegged and then restores peg. Concerns over stables. Silicon Valley Bank shuts down. President Biden talks about helping Silicon Valley Bank.

Welcome to Daily Digest. We surface trending news in crypto based on conversations found on Twitter, news publications, blog posts, and other social media, powered by the Coinfeeds platform.

Below are some of the top sentiment changers and news

Projects Sentiment Rankings:

Top

These are the top of mind coins today for crypto twitter.

This is the ranking snapshot at time of writing. It is updated hourly on the Twitter sentiment ranking page

Bottom

These are the most negative coins today on crypto twitter.

• KuCoin getting sued by SEC

• Questions grew over the weekend about Coti’s stablecoin, DJEDSee most negative projects updated hourly.

Projects Sentiment Movers:

Big sentiment moves alway have news behind it, here’s the biggest movers and why. Here is how we find these movers.

USDC (+266): Over the weekend, Circle announced that USDC reserves are 100% safe and secureUniswap (+123): Recorded life time high trading volumes over the weekendRocket Pool (+121): Latest MakerDAO governance decreased the Stability Fee for Rocket Pool, making it lower costs of borrowing and more staking rewards

These are a few of the top sentiment movers for yesterday. To see all of the sentiment movers click the links above

Trending from yesterday 👍

1. Coinbase CEO gives thoughts on the reintroduction of bill

2. Silicon Valley Bank getting shut down by FDIC

3. NYAG suing KuCoin

News

Here’s the trending news items over the last 24 hours. If you’d like to see even more updated news, you can also find trending tweets updated hourly, and trending news updated in real time on our website.

Euler suffered an attack this morning losing roughly $9M

There were growing concerns and depegging of USDC over the weekend. It got down as low as $0.85 over the weekend. Circle CEO put some worries to rest

PUMP THE COINS AND THE BANKS

In record time and after receiving their shut down notice from the FDIC on Friday, all SVB customers will have access to their deposits today

Attack on crypto from the US government remains on full force

There was a lot of misinformation coming out about SVB, here’s a great thread on what happened and how they got to where they did.