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Bitcoin fell to a roughly two-week low on Friday amid the latest decline in the broader crypto market after key crypto bank Silvergate Capital warned it might not survive the storm.
Silvergate Capital Corp said on Friday it made a "risk-based decision" to discontinue the Silvergate Exchange Network, its crypto payments network, two days after the digital asset-focused bank raised

Silvergate Collapse Hurts Crypto Sentiment

07:10pm, Friday, 03'rd Mar 2023
Kadena COO Anastasia Bez joins Ed Ludlow and Caroline Hyde to discuss the need to build solid tech to support crypto companies and innovation in the wake of the Silvergate meltdown, and the importance
Global ratings agency Moody's downgraded Silvergate Capital Corp's deposit rating to 'Caa1' from 'Ba3' on Friday, after the crypto-focused bank raised going concern doubts earlier this week.
After delaying its annual report to the SEC, shares of Silvergate Capital SI, +0.79% , a cryptocurrency-focused lender, slumped 29% in premarket trading on Thursday. Since then, the bank has been maki
CNBC's Deirdre Bosa joins 'Power Lunch' to discuss Silvergate Capital's potential insolvency crisis, connected crypto industry compared to the traditional financial system and Silvergate plunging 58 p
Major cryptocurrencies tumbled Friday as concerns over Silvergate Capital Corp.'s ability to continue its operation keep brewing.
Silvergate Capital Corporation stock has been downgraded to ‘Hold' by analysts at Canaccord Genuity (TSX:CF, LSE:CF) after the crypto-focused US bank delayed the filing of its annual 10K earnings re
Yahoo Finance's Jared Blikre joins the Live show to discuss how cryptocurrencies are trading as concerns of a Silvergate Bank collapse swirl.
A delayed 10K filing by Silvergate Capital sent the stock cratering 58%Thursday and shook crypto markets overnight. Andrew Rocco breaks down the latest in crypto news.
Bitcoin saw its largest one-hour drop since the blowup of FTX in November, as the crypto industry's once go-to bank faces a slew of financial woes.
Silvergate Capital Corp, one of the most cryptocurrency-friendly financial institutions in the US, continues to plummet on the New York Stock Exchange, causing other high-profile crypto-related compan
Signature Bank pivoted away from the cryptocurrency industry after FTX's collapse—a move that looks smart as peer Silvergate faces a financial crisis.
Shares in the banker to the cryptocurrency industry plunged on Thursday after filings raised worries over the group's survival.
Some of the biggest names in crypto have backed away from lender Silvergate Capital after the key digital-currency player warned it's having to evaluate its ability to survive.
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