Newsfeeds - Spark Newswire

1 minute read

Kraken To Launch A Bank To Support Struggling Cryptocurrency Firms

Today, 5:20 AM

Cryptocurrency exchange Kraken is planning to launch its own bank to support struggling cryptocurrency firms that are having difficulty establishing connections with traditional banks.

3 minute read

10 Short Squeeze Candidates: China Jo-Jo Drugstores, Expion360, MoonLake, Silvergate And More

By Chris Katje

Today, 5:20 AM

Potential short squeeze plays gained steam in 2021 and continued through 2022, with new traders looking for the next huge move. High short interest and a high cost to borrow are among the common traits that could lead to a short squeeze.

APRN

1 minute read

Wedbush Downgrades Silvergate Capital to Underperform, Announces $4 Price Target

By Benzinga Newsdesk

Today, 5:20 AM

Wedbush analyst David Chiaverini downgrades Silvergate Capital (NYSE:SI) from Neutral to Underperform and announces $4 price target.

3 minute read

Bitcoin, Ethereum, Dogecoin Slide As Silvergate Crumbles: Analyst Says Apex Crypto’s Streak ‘Has Been Broken’

By Mehab Qureshi

Today, 5:20 AM

Major coins traded in the red on Sunday evening as investors continued to digest crypto-friendly bank Silvergate Capital’s (NYSE: SI) failure.

$DOGE

2 minute read

Silvergate Suspends Crypto Payments Network: ‘This Is A Very Bad Sign’

By Bibhu Pattnaik

Today, 5:20 AM

Cryptocurrency-focused Silvergate Capital Corp (NYSE: SI) has discontinued the Silvergate Exchange Network, its crypto payments network.

COIN

2 minute read

Bitcoin Liquidity Unaffected By Silvergate Fiasco, But Market Depth Remains Low

By Murtuza Merchant

Today, 5:20 AM

Despite the ongoing negative news around Silvergate Bank (NYSE: SI), its potential impact on Bitcoin (CRYPTO: BTC) liquidity has not been as significant as many in the market

BRPHF

2 minute read

Bitcoin, Ethereum, Solana And Shiba Inu Drop: Major Reasons For Growing Fear In Crypto

By Murtuza Merchant

Today, 5:20 AM

While cryptocurrencies are no stranger to sudden market movements and volatility, the latest market shake-up has left many in the industry reeling. A large red bar appeared on trading charts of major cryptocurrencies on Friday, with their values plummeting by hundreds of millions of dollars within hours.

$ADA

3 minute read

Benzinga Bulls And Bears: Tesla, Microsoft, Apple, Novavax And Why Dogecoin May Be Poised For 50% Surge

By Michael Cohen

Today, 5:20 AM

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

$DOGE

1 minute read

Bankruptcy Judge Orders Silvergate Bank To Release $9.9M To Crypto Lender BlockFi

By Murtuza Merchant

Today, 5:20 AM

After filing for bankruptcy protection in November 2022, BlockFi has been granted the release of almost $9.9 million from Silvergate Capital Corp (NYSE: SI) by a U.S. bankruptcy judge.

BRPHF

2 minute read

S&P 500 Snaps 3-Week Losing Streak Ahead Of Powell’s Congress Visit, February Jobs Report Next Week

By Wayne Duggan

Today, 5:20 AM

The SPDR S&P 500 ETF Trust (NYSE: SPY) snapped a three-week losing streak as investors digested the latest interest rate commentary from Federal Reserve officials.

CRM