Silvergate
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Regulation
White House ‘aware’ of the Silvergate situation, says spokeswoman
The Biden Administration is “aware of the situation” at Silvergate and will continue to monitor reports on the troubled bank…
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Regulation
White House ‘aware of’ stressed crypto friendly bank Silvergate, says press secretary Karine Jean-Pierre
Ad On March 6, White House Press Secretary Karine Jean-Pierre was pressed on whether the President was monitoring the evolving…
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Regulation
Silvergate closes exchange network, releases $9.9M to BlockFi
Crypto bank Silvergate announced on March 3 that it is discontinuing its digital assets’ payment network, claiming the termination is…
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Analysis
Flurry of Additional Crypto Companies Back Away From Silvergate As Crypto Markets Dip Across the Board
More crypto firms are distancing themselves away from the crypto-friendly bank Silvergate as digital asset markets dip across the board.…
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Regulation
Coinbase cutting ties with Silvergate forces crypto hedge fund to find a new bank
Silvergate Bank — a prominent lender to crypto firms — lost five partners on March 2 due to a slew…
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MicroStrategy, Tether adds to firms distancing from Silvergate as stock dives 57%
Business intelligence firm MicroStrategy, stablecoin issuer Tether have become the latest two firms to publicly deny any meaningful exposure to…
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Bitcoin
Bitcoin drops amidst Silvergate woes- Can bulls defend the $21K support?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s…
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Bitcoin
Assessing the impact of Silvergate episode on the crypto market
Global crypto market capitalization declined by over 4% in the last 24 hours. Though BTC and ETH were affected, a…
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Altcoins
Bitcoin sees a rise in new addresses as doubts around Silvergate impact BTC
The number of new Bitcoin addresses has hit a three-month high. However, concerns over Silvergate contributed to a drop of…
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Analysis
Crypto-Friendly Bank’s Stock Crashes Over 45% As Coinbase Cuts Off Silvergate Payments
A crypto-friendly bank’s stock price is free-falling as the top US-based crypto exchange platform by volume cuts off its payments.…
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