[Mar 14, 2023 2:00 PM] Onchain data suggests that Bitcoin (BTC) appears to be a haven for investors looking to escape the unfolding banking crisis in the United States. A staggering 67.7% of all BTC has remained unmoved for over a year, recent data from Glassnode shows…
[Mar 14, 2023 9:00 AM] While Signature’s Barney Frank referred to the recent events with SVB as an “anti-crypto message,” Trezor’s Josef Tetek says they are “definitely good” for Bitcoin.
[Mar 13, 2023 7:53 PM] Federal Reserve chair Jerome Powell said a "careful and thoughtful" review is needed to understand how the bank collapsed under its watch.
[Mar 13, 2023 10:55 AM] Fear and trepidation spread across the crypto market last week following the high-profile collapses of Silvergate Bank and Silicon Valley Bank.
[Mar 13, 2023 6:06 AM] The market frenzy that started with the Silicon Valley Bank collapse is pushing the BTC price higher, with some casualties left behind.
[Mar 12, 2023 6:24 PM] Positive developments concerning Circle's $3.3 billion worth of reserves held at Silicon Valley Bank and its new banking partners have seen USDC climb back toward its $1 peg.
[Mar 10, 2023 7:27 PM] BlockFi’s capital allocated to the money market mutual fund is not FDIC insured, however the fund doesn’t appear to be managed by Silicon Valley Bank.
[Mar 10, 2023 4:05 PM] The crypto market is taking a walloping, and there are three important reasons why BTC’s $380 billion valuation is a key support for the entire market.
[Mar 10, 2023 9:07 AM] BTC price targets extend to $18,000 with Bitcoin bulls increasingly failing to preserve $20,000 as support amid further SVB Financial fallout.
[Mar 10, 2023 8:00 AM] With the Bitcoin market never having a standard state given its volatility, several sentiments can be seen being expressed even at odd times such as the ongoing massive sell-off. Just as some are panic-selling, some are keen on standing their…
[Mar 9, 2023 8:40 PM] Concerns have been raised around the financial health of the tech-focused bank, which services the likes of crypto-friendly VCs such as Sequoia and a16z.
[Mar 9, 2023 11:30 AM] The last few weeks of the crypto market have been marked by steady losses, with most assets experiencing a decline in value. ADA, the native token of the Cardano blockchain and the 7th biggest cryptocurrency, has been one of those tokens suffering…
[Mar 8, 2023 3:43 PM] The company claimed that the bank's voluntary liquidation is its best path forward due to recent industry and regulatory developments.
[Mar 7, 2023 6:39 PM] Officials from the government agency reportedly entered Silvergate’s headquarters last week, with discussions revolving around how to salvage the crypto bank.
[Mar 7, 2023 1:33 PM] BTC’s $1,420 decline in the span of 1-hour negatively impacted demand for stablecoins in Asia and it shifted futures traders into a more defensive attitude.
[Mar 6, 2023 8:22 PM] The spokeswoman said that she won’t be commenting specifically on Silvergate, but the White House will be actively monitoring the situation.
[Mar 4, 2023 5:00 PM] Silvergate Bank has discontinued its cryptocurrency payments network. The decision to shut down Silvergate Exchange Network followed the withdrawal of banking relationships by several major cryptocurrency firms, including Coinbase, Gemini, Paxos…
[Mar 4, 2023 4:18 AM] Strong U.S. equities and a floundering dollar normally serve to boost BTC price action — but Silvergate is the elephant in the room.
[Mar 3, 2023 12:01 PM] The total crypto market cap slipped below $1.025 trillion as concerns over Silvergate Bank’s solvency triggered a sharp sell-off in BTC, ETH and altcoins.
[Mar 3, 2023 9:30 AM] Crypto assets such as Bitcoin and Ethereum have always been known to be impacted by the news, and the latest news today that resulted in a plummet in the market is the Silvergate fallout. This news has caused a sharp decline in two of the largest…
[Mar 2, 2023 8:08 PM] MicroStrategy confirmed that none of its 130,000 BTC is custodied by Silvergate. However, the firm does have a loan to pay off to the bank by Q1 2025.
[Mar 2, 2023 2:30 PM] On March 2, 2023, the cryptocurrency exchange Coinbase announced that, in light of recent developments, the company is “no longer accepting or initiating payments to or from Silvergate Bank.” The news follows the crypto bank’s…
[Mar 2, 2023 7:39 AM] Following the alleged troubles at Silvergate Bank, Coinbase announced that the crypto exchange will no longer accept or initiate payments with Silvergate.
[Mar 1, 2023 5:12 PM] Crypto-friendly bank Silvergate has delayed its 10-K filing, which reveals the financial health of the company. The news has sent its stock price down 31%.
[Feb 15, 2023 12:22 AM] The filing is the latest proposed class action in a string of lawsuits aimed at Silvergate over the last two months about its links with Sam Bankman-Fried and defunct crypto exchange FTX.
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