Jim bianco


Finance

'Dapat Maging Perpekto' ang Silvergate Bank ngunit Nagbabayad Ngayon ng Mabigat na Presyo: Strategist

Ang pag-aampon ng Crypto ng mga kumpanya ng TradFi ay "naging mas mahirap sa huling 24 na oras," sabi ni Jim Bianco, presidente ng Bianco Research LLC.

Jim Bianco, president of Bianco Research (Getty Images)

Videos

Silvergate Bank 'Had to be Perfect' Due to the Industry They Were In: Strategist

Silvergate Bank is planning to wind down its operations, roughly a week after the crypto-friendly bank said it would have to delay filing its annual 10-K report due to questions from its auditors. Bianco Research, LLC President and Macro Strategist Jim Bianco weighs in on these developments. "Silvergate had to be perfect because of the industry they were in," Bianco said. "They weren't and they've paid a heavy price for it."

CoinDesk placeholder image

Videos

Crypto-Friendly Silvergate Bank to Wind Down Operations

Silvergate Bank will "voluntarily liquidate" its assets and wind down operations, its holding company, Silvergate Capital (SI), said Wednesday. Bianco Research, L.L.C. President and Macro Strategist Jim Bianco discusses the latest blow to the crypto industry and its impact on the markets. Plus, his reaction to CoinDesk reporting that JPMorgan is ending its banking relationship with Gemini, the cryptocurrency exchange owned by Cameron and Tyler Winklevoss.

Recent Videos

Pageof 1