Silvergate

Bitcoin (BTC) dipped below $20,000 early Friday morning amid a broader market sell-off and Silvergate aftermath, a level the cryptocurrency hasn’t fallen below since mid-Janua...

By CoinDesk Inc

Mar 10, 2023 at 4:24 p.m. UTC

Mar 10, 2023

BitwisecdtvFM ClipSilvergateSocial_ClipRyan rasmussen

Video

Cdtv

Crypto’s Worst Week of 2023

Crypto markets slammed by Fed, Silvergate, lawsuits. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

By CoinDesk Inc

Mar 10, 2023 at 3:58 p.m. UTC

Mar 10, 2023

cdtvDailyForkSilvergateFed

Markets

Signature bank

Signature Bank Stock Down 12% in Volatile Action as Sell-Off Continues

The broader banking sector is down another 4% on Friday.

By Jamie Crawley

Mar 10, 2023 at 3:56 p.m. UTC

Mar 10, 2023

Signature BankSilvergatebanks

Video

Jpmorgan

Warning Signs for Silvergate Bank

The collapse of crypto bank Silvergate and the termination of the Silvergate Exchange Network pose a challenge for the crypto industry, according to a new report from JPMorgan...

By CoinDesk Inc

Mar 10, 2023 at 3:46 p.m. UTC

Mar 10, 2023

JPMorgancdtvFM ClipSilvergateRosetta analyticsAngelo calvello

Bitcoin Bounces Modestly as U.S. Adds 311K Jobs in February

Video

Bitwise

Bitcoin Bounces Modestly as U.S. Adds 311K Jobs in February

Bitcoin (BTC) is attempting to bounce back from its lowest level since mid-January, as the Bureau of Labor Statistics reported 311,000 jobs added in February. Bitwise Crypto A...

By CoinDesk Staff

Mar 10, 2023 at 3:41 p.m. UTC

Mar 10, 2023

BitwiseFederal ReservecdtvFM ClipSilvergatecrypto marketsBureau of labor statisticsRyan rasmussenSilicon Valley Bank

Finance

Silvergate

Replacing Silvergate’s Network Is a Challenge for Crypto Industry: JPMorgan

Some of the services provided by Silvergate will migrate to other banks such as Signature Bank, Provident Bancorp, Metropolitan Commercial Bank and Customers Bancorp, the repo...

By Will Canny

Mar 10, 2023 at 11:52 a.m. UTC

Mar 10, 2023

SilvergateSilvergate Exchange NetworkBanking

Podcasts

The breakdown

The Real Reasons Silvergate Collapsed

Did Silvergate Bank become a political target?

By Nathaniel Whittemore

Mar 9, 2023 at 8:36 p.m. UTC

Mar 9, 2023

The BreakdownPodcastsCryptoSilvergate BankSilvergate

Consensus Magazine

Opinion

Why Financial Analysts Missed Silvergate’s Red Flags

There were numerous signs of the crypto bank’s problems, but none of the analysts following the company picked up on them. Angelo Calvello, of Rosetta Analytics, says that was...

By Angelo Calvello

Mar 9, 2023 at 7:35 p.m. UTC

Mar 9, 2023

OpinionSilvergateTradFiAnalyst RatingsFTXbankingUS

Is there a silver lining to the fall of Silvergate? (Pawel Czerwinski/Unsplash)

Consensus Magazine

Opinion

4 Potential Winners of the Silvergate Unwind

The collapse of crypto's most visible bank could be an opportunity for stablecoins and other financial-services providers.

By Daniel Kuhn

Mar 9, 2023 at 6:37 p.m. UTC

Mar 9, 2023

OpinionSilvergatebanksSignature BankRegulation

Fed Vice Chairman for Supervision Michael Barr (Nikhilesh De/CoinDesk)

Policy

Regulations

Federal Reserve Setting Up New Squad of Crypto Specialists

Michael Barr, the Fed’s vice chairman for supervision, said the central bank is trying not to stomp on crypto innovation and sees the need for stablecoin controls.

By Jesse Hamilton

Mar 9, 2023 at 6:02 p.m. UTC

Mar 9, 2023

RegulationsFederal ReserveMichael BarrSilvergateCrypto