First Mover Americas: Crypto Markets Sinking on Silvergate

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The latest price moves in bitcoin (BTC) and crypto markets in context for March 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Publish at: March 03, 2023 at 01:34PM

Was Silvergate on Borrowed Time as Regulators Backed Banks Away From Crypto?

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Silvergate Bank is being hollowed out as its customers retreat following the disclosure that it has to reassess its financials and may not be a “going concern” within a year. The prominent California-based crypto bank’s future gets increasingly murky.Publish at: March 03, 2023 at 01:24AM