Bitcoin

Silvergate Shutters in Latest Blow to Crypto

March 9, 2023 0

The collapse of Silvergate Bank is dragging down bitcoin volume. CryptoQuant data shows that transfer volume, denominated in BTC, is down 35% over the last 24 hours. At the same time, the total number of […]

Bitcoin

Silvergate Collapse Dragging Down Bitcoin Volume

March 9, 2023 0

“Coupled with the drop in the price of bitcoin, we have seen a noticeable drop in trading volumes, too, across the ecosystem when news about Silvergate’s financial difficulties broke,” Guilhem Chaumont, CEO of Paris-based market […]

Bitcoin

Crypto Stakeholders Say No Exposure to Shuttered Silvergate

March 9, 2023 0

“Discouraging banks from providing deposit accounts only exacerbates this problem by creating fewer options for any one sector to obtain banking services. The problem is not about crypto, but concentration risks,” Shelia Warren, the council’s […]