Silvergate reportedly talks with FDIC on ways to avoid shutdown
Officials from the government agency reportedly entered Silvergate’s headquarters last week, with discussions revolving around how to salvage the crypto bank.
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Key Bitcoin price metrics point to BTC downside below $22.5K
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.
White House ‘aware of the situation’ at Silvergate, says spokeswoman
The spokeswoman said that she won’t be commenting specifically on Silvergate, but the White House will be actively monitoring the situation.
Coinbase Halts Payments With Crypto Friendly Bank Silvergate
Silvergate Bank is still suffering from the aftermath of the FTX collapse; it admitted to the SEC yesterday that it was uncertain about its ability to continue operating. Silvergates Insolvency...
Bitcoin price would retest $25K without Silvergate saga — analysis
Strong U.S. equities and a floundering dollar normally serve to boost BTC price action — but Silvergate is the elephant in the room.
Total crypto market cap takes a hit amid Silvergate Bank crisis
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.
Silvergate stock plunges 31% after delayed filing raises doubts over future
Crypto-friendly bank Silvergate has delayed filing its 10-K, an annual report on the financial health of the company. The news has sent its stock price down 31%.
SBF and FTX fraud ‘aided and abetted’ by Silvergate Bank, alleges lawsuit
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…
Silvergate faces DOJ investigation over FTX and Alameda dealings: Report
The crypto bank hasn't been accused of wrong doing, but prosecutors want to see how deep the dealings between the crypto bank and FTX went.
Ethereum (ETH) price is aiming for $1,800 in February — Here is why
ETH price is finding support at $1,560 and multiple data points are beginning to hint at a possible rally to $1,800 before the end of February.