Ethereum (ETH) price is aiming for $1,800 in February — Here is why
ETH price is finding support at $1,560 and multiple data points are beginning to hint at a possible rally to $1,800 before the end of February. Go to Source Powered by WPeMatico
Silvergate
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Silvergate suspends dividends to preserve ‘highly liquid balance sheet’
January has been a rough month for Silvergate, with the dividend halts coming just a few weeks after it announced a Q4 2022 loss of $1B and laid off 200 employees. Go to Source Powered by WPeMatico
Ethereum price rally under question after ETH slams into resistance at $1.6K
ETH price continues to encounter resistance at the $1,600 level, a potential sign that the current rally lacks sustainable momentum. Go to Source Powered by WPeMatico
Silvergate reports $1B net loss in the fourth quarter of 2022
The report highlighted that the average deposits in the fourth quarter were $7.3 billion which was lower than the third quarter which had $12 billion. Go to Source Powered by WPeMatico
3 reasons why Ethereum price keeps rejecting at the $1,300 level
Traders are not sure if ETH will be able to hold the $1,200 level while the S&P 500 rapidly approaches the crucial 3,900 support and ETH derivatives data hints at more downside. Go to Source Powered by WPeMatico
Ethereum derivatives look bearish, but traders believe the ETH bottom is in
Expectations of stringent regulation and further contagion from FTX continue to weigh on ETH price, but derivatives are showing a modest improvement in sentiment. Go to Source Powered by WPeMatico
Silvergate denies recent FUD, confirms minimal exposure to BlockFi
Silvergate Capital has been quick to distance itself from the now-bankrupt crypto lender BlockFi. Go to Source Powered by WPeMatico
Silvergate Bank issues $100M credit line to mining firm Marathon Digital
“We remain optimistic that we are well positioned to scale our hash rate to 13.3 EH/s by the middle of 2022,” said Marathon Digital CEO Fred Thiel. Go to Source Powered by WPeMatico
After Microstrategy downgrade, analysts recommend smallcap crypto-centric bank
Motley Fool analysts think this smallcap bank stock might be the next to benefit from Bitcoin’s surge Go to Source Powered by WPeMatico
Industry Calls on US Regulator to Open Floodgates on Banks’ Crypto Capabilities
A number of crypto businesses and non-profits have written to the main banking regulator in the U.S. asking for banks to have more authorization to deal with crypto. Go to Source Powered by WPeMatico
