City Silvergate Financial News

11.03 / 12:37
Digital Extreme Action CoinMarketCap EOS Bitcoin Assessing EOS agony as Silvergate shutdown leads Block.One to count losses
The native token of the EOS Network [EOS] suffered a great loss in value following the crypto market tumble. Many altcoins experienced the same fate. However, for EOS, the case was not just related to an across-board Bitcoin [BTC] drawdown.
10.03 / 21:35
NFTS Metro ATOM FGHT CCHG Best Crypto to Buy Today 10 March – LHINU, KAVA, FGHT, ATOM, METRO, KLAY, CCHG
Bitcoin has fallen below the $20,000 mark for the first time since early January, following a significant sell-off that began late Thursday and extended into Friday morning. This comes as the broader cryptocurrency market experienced a sell-off driven mainly by negative news.
09.03 / 19:49
Silvergate Stock Crashes After Closing Crypto Bank
Shares of Silvergate Capital (SI) crashed more than 37% at Thursday's market open after the California-based crypto bank said it is shutting down operations and starting the liquidation process.
09.03 / 19:29
shares Silvergate short bets amass $780 million payday as crypto bank sinks
Silvergate Capital Corp.Shares have plunged roughly 98% from a November 2021 peak, earning bearish bettors about $780 million in mark-to-market profits in the process, including more than $190 million last week alone as questions about Silvergate’s viability surfaced, data from S3 Partners show.Wagers against the stock surged in recent months as crypto contagion spread across the market and setbacks for the bank accumulated. About 85% of Silvergate’s float is sold short, one of the highest rates among US stocks, S3 data show. Traders looking to increase short exposure are now hampered by a severe lack of stock available to borrow and rising financing costs, said Ihor Dusaniwsky, the head of predictive analytics at S3.
09.03 / 04:30
Digital Ripple coinbase Crypto Bank Silvergate Says It Will Shut Down
Silvergate Capital (SI), the San Diego crypto bank under investigation by regulators, said it shut down, sending ripples through an industry that’s been on edge since the collapse of FTX in November. Its shares lost almost half their value.
08.03 / 03:45
business Banks Bloomberg Silvergate reportedly talks with FDIC on ways to avoid shutdown
United States banking regulators have reportedly been sent to Silvergate's headquarters in La Jolla, California — looking for ways to save the crypto-friendly bank from a possible shutdown. 
07.03 / 19:07
Ethereum ETH BTC Lowe's Digital Bitcoin Bitcoin [BTC]: Short products for the win as investors shy away from long positions
In a new report , digital asset investment firm CoinShares found that ongoing apprehension among investors regarding the uncertain regulatory landscape of crypto-assets led to a fourth consecutive week of outflows for Bitcoin [BTC]. This, as investors rallied around short investment products instead. 
06.03 / 23:03
BTC CryptoQuant Fallout Bitcoin Bitcoin [BTC]: Indicators point at a bull cycle, and on-chain data reveals…
In a new report , CryptoQuant analyst Sachi found that the assessment of Bitcoin’s [BTC] Net Unrealized Profit/Loss (NUPL) revealed that the leading coin has commenced a new bull cycle. 
06.03 / 21:53
Blockchain UPS Ethereum Provident Ripple Platform EOS week Cryptocurrencies To Watch: Week of March 6
The cryptocurrency market is holding tight at its current ranges. News of crypto bank Silvergate Capital (SI) potentially being investigated by the U.S. Department of Justice and delaying its annual report sent ripples through the market late last week, but may not have a significant impact. On the whole, it was a middling week for crypto.
06.03 / 21:01
Metro Taro FGHT CCHG Best Crypto to Buy Today 6 March – FGHT, MKR, METRO, IMX, CCHG, TARO
Shares of cryptocurrency-related firms, including Coinbase Global, Signature Bank, and Ebang International, plunged during premarket trading following Silvergate Capital's decision to discontinue its cryptocurrency payment network, SEN. 
06.03 / 16:37
Target JPMorgan Apple Tesla Stocks making the biggest premarket moves: Ferrari, Apple, KB Home and more
Check out the companies making the biggest moves in premarket trading:
05.03 / 08:25
Dogecoin BTC litecoin Manufacturing Tether Action Bitcoin Bitcoin Price Prediction as Tether Fear Uncertainty and Doubt Sends BTC to $22,000 Level – Where is BTC Heading Now?
The price of Bitcoin has been highly volatile in recent days due to the uncertainty surrounding Tether, the world's largest stablecoin. Tether has been facing legal issues, which have led to fear, uncertainty, and doubt in the cryptocurrency market, causing BTC to drop to the $22,000 level. 
05.03 / 01:07
UPS BTC Binance Digital CryptoQuant Fallout Bitcoin Drop analysts Bitcoin’s [BTC] price struggles continue as analysts warn of further drop
Following the sharp decline in Bitcoin’s [BTC] price in the early trading hours of 3 March, long liquidations soared to a seven-month high, data from Coinglass showed.
04.03 / 12:53
COST Binance Reuters Digital coinbase Kraken network Silvergate stock dips following suspension of crypto payments network
Silvergate Capital Corp has announced that it will suspend the Silvergate Exchange Network (SEN), its crypto payments network.
03.03 / 22:13
BTC FIVE SEC CryptoQuant BURST Bitcoin sees a rise in new addresses as doubts around Silvergate impact BTC
Price fluctuations in Bitcoin [BTC] have been driven in the past by both individual and institutional investors. Recent developments, however, indicate that one party has far more sway than the other over the direction of the price.
03.03 / 11:39
Digital Crypto firms cut ties with top banking partner Silvergate
A raft of crypto companies cut ties on 2 March with one of the top digital-currency market’s banks, Silvergate Capital, whose financial troubles threaten the industry’s ability to fulfil basic financial transactions.
03.03 / 10:21
COST Ethereum ETH BTC Lowe's Bitcoin Low Bitcoin Price and Ethereum Prediction: BTC and ETH Take a 5% Dive, but How Low Can They Go?
The cryptocurrency market has taken a hit as both Bitcoin (BTC) and Ethereum (ETH) experience a 5% dip in their value. As the two largest cryptocurrencies by market cap, this downward trend has left many wondering how low BTC and ETH can go.

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