Hong Kong’s Crypto Hub Ambitions Despite China’s Intervention
Bitcoin logo seen on a smartphone with a Hong Kong flag in the background. Sopa pictures | Lightrocket | Getty Images The crypto industry has had...
Tagged: Silvergate Capital Corp
Crypto firms look to Swiss lenders after Silvergate, Signature Bank failed
Switzerland has created what they call “Crypto Valley” in the region of Zug. Nurphoto | Nurphoto | Getty Images Crypto firms are trying to find institutions...
Crypto firms look to Swiss lenders after Silvergate, Signature Bank failed
Cryptocurrency firms are scrambling to find institutions to bank with following the collapse of Signature Bank and Silvergate Capital. These companies have approached crypto-friendly Swiss banks,...
Bitcoin at ‘redemption arc’ as banking pressure mounts, AllianceBernstein says
Cryptocurrencies are experiencing a “redemption arc” as bitcoin rallies and investors keep an eye on pressures in the US banking system, according to analysts at AllianceBernstein....
Hong Kong’s Crypto Hub Ambitions Despite China’s Intervention
The crypto industry has had a tough year with digital currency markets crashing and companies collapsing across the board. Despite the turmoil, Hong Kong is pushing...
Bitcoin, ether fall after go-to crypto bank Silvergate announces liquidation
Crypto prices fell on Thursday after Silvergate, a bank that has been at the center of the industry’s growth, made a decision to shut down. Bitcoin...
Bitcoin (BTC) price is up 50% this year, outperforming stocks and gold
Bitcoin is up 50% this year despite the collapse of major crypto-focused banks, beating major stock indexes and commodities. On January 1, bitcoin began trading at...
Bitcoin Rally After Collapse of Signature, SVB and Silvergate. Here’s why
Bitcoin is seeing its best three-day performance since October 2019, when the collapse of three US banks in one week fueled some investors’ hopes that the...
Bitcoin, ether rumble on Friday as investors weigh potential fallout from Silvergate issues
A pedestrian walks past signs for Ethereum, top and Bitcoin outside Hong Kong Digital Asset Exchange Ltd. digital currency trading store in Hong Kong, China, Thursday,...
Signature, SVB, Silvergate Flaw: Effects on the Crypto Sector
A man walks into Signature Bank in New York City on March 12, 2023. Reuters Two of the banks friendly to the crypto sector and the...