Monday, November 18, 2024
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Silvergate Bank revenue soar in Q1 as institutional crypto trading activity falls

On Tuesday, Silvergate Bank, a crypto-fiat gateway network designed for financial institutions, announced its results for the first quarter of 2022. During this period, its revenue and net income grew by 93% and 94% year-over-year, respectively, to $59.9 million and $24.7 million. The company is most notable for its Silvergate

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Signs Point Upward for Crypto in India and South Korea; Bitcoin and Ether Soar on US Executive Order

Recently, bitcoin, the largest cryptocurrency by market capitalization, was trading at around $42,000, up about 3% over the past 24 hours. Ether, the second-largest crypto by market cap, was changing hands at about $2,700, a roughly 1.5% gain over the same period. Both bitcoin were up even higher earlier on

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Cryptocurrency Prices Soar On Possibility Of Russia-Ukraine Talks

Cryptocurrency prices climbed late Friday after Russia agreed to talk to Ukrainian officials regarding the Russian invasion of Ukraine. According to Ukrainian presidential advisor Mykhailo Podolyak, who spoke to Reuters on Friday, Ukraine wants peace and is willing to engage with Russia about its neutral stance with regard to NATO. Russian Foreign

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Privacy-focused altcoins soar after Bitcoin’s ETF news sparks a market-wide rally

Traders and the market are showing extreme optimism on Oct. 15 after rumors and an assortment of documents suggest that the path toward a Bitcoin ETF approval has fewer obstacles lying ahead.Following the positive news, the price of Bitcoin (BTC) rallied to nearly $63,000 for the first time since April and

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