Silvergate

Could Silvergate collapse cause more pain in the crypto industry? That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

Mar 9, 2023

By Adrian Blust, Adam B. LevineMar 7, 2023

Digital assets data provider Kaiko says Silvergate Capital's decision to shutter its instant settlement service SEN, which was popular among large investors, will boost the role of stablecoins and their issuers in crypto trading. Maple Finance Head of Capital Markets Quinn Thompson discusses Kaiko's assessment and the outlook for stablecoins.

Mar 7, 2023

OANDA Senior Market Analyst of The Americas Edward Moya discusses his outlook for bitcoin as the largest cryptocurrency by market cap continues to trade sideways amid continued Silvergate woes and potential regulatory headwinds ahead.

Mar 6, 2023

Bitcoin (BTC) sunk to a 24-hour low of $22,020.75 as customers abandon crypto-friendly bank Silvergate. CoinDesk Crypto Markets Analyst Glenn Williams Jr. weighs in on the sell-off for the largest cryptocurrency by market capitalization in the wake of these developments. Plus, insights on the state of macroeconomic conditions.

Mar 3, 2023

Bitcoin (BTC) and ether (ETH) are trading lower on Friday as customers fled crypto bank Silvergate after it delayed its 10K filing and said there were concerns about its ability to continue. "The Hash" panel discusses what the Silvergate news means for the crypto markets.

Mar 3, 2023

Bitcoin (BTC), ether (ETH) and most other major cryptocurrencies are sinking as customers fled crypto bank Silvergate. Forex.com Global Head of Research Matt Weller discusses the reaction from the broader crypto market and his outlook on Ethereum ahead of the Shanghai upgrade. Plus, why bitcoin long liquidations hit the highest level since August, according to Glassnode data.

Mar 3, 2023

Bitcoin is trading at around $23,400, as the largest token by market capitalization remains relatively unfazed by a number of crypto firms, including Coinbase and Paxos, ending their relationship with crypto-focused bank Silvergate. VanEck Head of Digital Assets Research Matthew Sigel joins "All About Bitcoin" with his reaction to the latest developments and why it resembles "friction between crypto on-ramps and off-ramps."

Mar 2, 2023

A growing group of crypto firms is ending its relationship with crypto-focused bank Silvergate, after the bank delayed its 10K filing and said there were concerns about its ability to continue as a "going concern." "The Hash" panel discusses the outlook for Silvergate and how its next moves could impact the crypto industry at large.

Mar 2, 2023

Investment banking giant Goldman Sachs (GS) is looking to spend tens of millions of dollars on crypto firms whose valuations have been hit after the implosion of FTX, Reuters reported Tuesday. Senators Elizabeth Warren (D-Mass.), John Kennedy (R-La.) and Roger Marshall (R-Kan.) asked crypto-friendly bank Silvergate (SI) for answers over its supposed role in facilitating transfers between bankrupt exchange FTX and its sister firm Alameda Research.

Dec 6, 2022