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One month ago, Jim Cramer urged investors to buy Silicon Valley Bank stock $SIVB, saying it was "still cheap" and has "room to run."
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The stock's value has since dropped by 66% following concerns that the bank is on the brink of collapsing.

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JUST IN: 馃嚭馃嚫 President Biden calls for a 30% tax on all electricity used to mine Bitcoin and cryptocurrency.

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JUST IN: 馃嚭馃嚫 New York says Ethereum is a security in KuCoin lawsuit.

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JUST IN: 馃嚭馃嚫 Kucoin crypto exchange sued by New York's Attorney General.

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JUST IN: 馃嚭馃嚫 President Biden calls for $5.5 trillion in tax increases over the next decade.

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JUST IN: Discord to implement OpenAI's ChatGPT technology to "improve platform features."

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JUST IN: 馃嚜馃嚭 Gate鈥o to launch crypto Visa card in Europe.

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JUST IN: Binance CEO says they do not have any losses from Silvergate Capital shutdown, and all funds are safe.

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JUST IN: 馃嚭馃嚫 President Biden calls to double capital gains tax from 20% to 40%.

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JUST IN: Silvergate $SI to cease operations and liquidate its bank.

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JUST IN: 馃嚞馃嚙 UK plans to regulate crypto under new "tough" financial services law this year.

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JUST IN: 馃嚭馃嚫 FED Chair Jerome Powell says "we'll have real-time payments in this country very very soon."

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JUST IN: 馃嚭馃嚫 FED Chair Jerome Powell says the cost of failing to control inflation will be extremely high.

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JUST IN: 馃嚭馃嚫 FED Chair Jerome Powell says no one should assume the Federal Reserve can protect the economy in a debt default.

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JUST IN: 馃嚭馃嚫 President Biden to propose a 5.2% federal pay increase, WAPO reports.

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JUST IN: Binance US gains court approval to acquire bankrupt crypto lender Voyager Digital's assets for $1 billion.

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JUST IN: Elon Musk says it's possible for Twitter to become the "biggest financial institution in the world."

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JUST IN: Twitter suspended 800,000 accounts that distributed child sexual abuse material in February.

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JUST IN: 馃嚭馃嚫 Missouri passes bill to protect Bitcoin and crypto mining rights.

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