Silvergate Capital
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Huobi Withdraws Funds from Signature Bank and Silvergate Capital
On March 14, it was reported that Huobi had withdrawn all funds from Signature Bank and Silvergate Capital, while the funds of customers of the exchange were not affected. Huobi: All funds have been withdrawn from Signature Bank and Silvergate Capital Analysis based on this information:The recent news reports on Huobi indicate that the cryptocurrency exchange had withdrawn all funds from Signature Bank and Silvergate Capital on March 14. Interestingly, the withdrawal had not affected the funds of the exchange’s customers, which indicates that there must have been some internal reasons behind the decision. One possible interpretation of this move is that Huobi may have been dissatisfied with the services or fees charged by these banks. It is worth noting that both Signature Bank and Silvergate Capital are known for providing banking services for cryptocurrency firms, which suggests that Huobi may be looking for alternative banking partners that can better cater to its needs. Another possible explanation for the withdrawal…
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Cryptocurrency-friendly Bank’s Share Price Drops 98% Amid Short Investor Profit
According to reports, S3 Partners data shows that the share price of Silvergate Capital, a cryptocurrency friendly bank, has dropped by about 98% from its peak…
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Closure of Silvergate Capital’s instant settlement service may boost stable currency usage
On March 7, Kaiko, a market research company, said in a report released on Monday that the troubled Silvergate Capital decided to close its popular instant set…
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Title:MicroStrategy clarifies its financial relationship with Silvergate Capital amidst market worries
It is reported that MicroStrategy (MSTR), a commercial software company, said on Thursday that it had no assets under the custody of Silvergate Capital (SI) an…
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Analyst’s decision to downgrade shares of Silvergate Capital
It is reported that one of the few analysts who are bullish on the shares of Silvergate Capital (SI) downgraded its rating from stronger than the market to equ…
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Moody’s Downgrades Silvergate Capital’s Rating Due to Cryptocurrency Market Decline
It is reported that after the independent benchmark credit rating of Silvergate Capital and its bank subsidiary Silvergate Bank was lowered from ba3 to b2, Moo…
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Citadel Securities’ Investment Leads to Silvergate Capital’s Stock Price Soaring
It is reported that the stock price of Silvergate Capital soared after the market maker giant Citadel Securities reported that it had held 5.5% of the shares o…