Silvergate Capital posts $1B loss in Q4’22
Silvergate Capital posts $1B loss in Q4’22Silvergate reported a net loss of $1 billion and a decrease in digital asset customers and customer-related fee income.
Happy Tuesday!The global crypto market cap is $991.93 billion with a 24-hour volume of $49.97 billion. The price of Bitcoin is $21,202.88 and BTC market dominance is 41.2%. The price of Ethereum is $1,574.48 and ETH market dominance is 19.4%. The best performing cryptoasset sector is Yield Farming, which gained 13%.
Latest NewsSilvergate Capital posts $1B loss in Q4’22
Silvergate reported a net loss of $1 billion and a decrease in digital asset customers and customer-related fee income. Hashkey Capital commits $500M to advance crypto, blockchain initiativesHashkey's Fund III will focus on infrastructures, toolings, and applications with mass adoption potential. Bitcoin mining emissions down 10% as Kazakhstan’s hash rate share decreasesZero-emission energy resources account for 52.2% of the network's energy usage. Meanwhile, Kazakhstan now represents only 6.4% of the global hash rate. Circle: USDC stablecoin is always 1:1 redeemable for US dollarsCircle published a recap of 2022 and said it had kept its promise of dollar parity and the future for digital dollars looks bright. Thailand’s SEC mandates exchanges to establish digital wallet management systemDigital asset providers in Thailand are required to have contingency plans in case of events that compromise their digital wallets. CryptoSlate Daily wMarket Update: Bitcoin breaks $21,000 in sustained bull market performanceThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. Binance burns $600M BNB in 22nd burn eventBinance reported that 2.05 million tokens were burnt through its auto-burn program — the Pioneer Burn Program accounting for 7,181 BNB. Ethereum mainnet hits record-breaking 32B weekly gas expenditureEthereum L2 networks spent a record-breaking 32 billion gas to validate transactions and activate bridges between Jan. 9 and Jan. 15. SushiSwap to launch DEX aggregator and decentralized incubator in Q1Head Chef Jared Grey said that by properly executing its vision, SushiSwap intends to increase its market share by 10x in 2023. Alameda liquidators lose $11.5M due to liquidations over 2 weekOver $4 million of losses were preventable if liquidators closed positions instead of pulling collateral, according to Arkham Intelligence.
Read CryptoSlate in the app Listen to posts, join subscriber chats, and never miss an update from CryptoSlate.
|
Older messages
Bitcoin sinks 4% to $20,400 as US producer prices show inflation easing
Friday, January 20, 2023
The leading cryptocurrency tanked after news of better than expected producer inflation data.
Research: On-chain metrics continue signaling a Bitcoin bottom
Friday, January 20, 2023
On-chain Bitcoin metrics continue to suggest a market bottom, but it remains to be seen if the current cycle plays out the same as past cycles.
How to Make Profit in Bear Market?
Friday, November 11, 2022
Ad: Earn 22.2% APY guaranteed with MIDAS token.
Excited for the World's First Live Web3 Esports Event?
Thursday, October 20, 2022
Get FREE tickets online and reserve your spot now before it's too late 🔥
Get Excited for Istanbul Blockchain Week 2022
Monday, August 22, 2022
You'll never guess who's speaking at this event...
You Might Also Like
What is DeFAI? The AI-enabled DeFi narrative looking to take 2025 by storm
Wednesday, January 15, 2025
AI-driven DeFi projects aim to simplify finance with real-time insights, trading, and personalized strategies, but face hurdles in transparency and security. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈Solana’s daily DEX trading volume beat Ethereum’s by 84%; Sony launched its L2 blockchain, …
Wednesday, January 15, 2025
Solana's daily DEX trading volume beat Ethereum's by 84%. Sony launched its L2 blockchain, Soneium. Compound integrated Ethena's stablecoin and Mantle's liquid staking token. ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈Solana’s daily DEX trading volume beat Ethereum’s by 84%; Sony launched its L2 blockchain, …
Wednesday, January 15, 2025
Solana's daily DEX trading volume beat Ethereum's by 84%. Sony launched its L2 blockchain, Soneium. Compound integrated Ethena's stablecoin and Mantle's liquid staking token. ͏ ͏ ͏ ͏ ͏
OKX Founder's Full Speech: "Always Hold Bitcoin"
Wednesday, January 15, 2025
January 14, 2025, OKX CEO Star delivered a speech via video link. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
JPMorgan believes Solana, XRP ETPs could attract $15 billion in net inflows
Tuesday, January 14, 2025
Both assets register $2.5 billion in assets under management currently, with a little over $500 million in inflows registered last year. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Coin Metrics’ 2025 Crypto Outlook
Tuesday, January 14, 2025
Key Trends & Outlooks Shaping Digital Assets in the Year Ahead ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin’s sharp rise and fall starts week with $418 million in liquidations
Monday, January 13, 2025
Crypto positions unwind with $245M in longs liquidated across major exchanges. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
₿ US-based entities hold 65% more BTC reserves than non-US entities; Crypto.com launched stocks and ETFs trading i…
Monday, January 13, 2025
US-based entities hold 65% more BTC than non-US entities; Crypto.com launched stocks and ETFs trading in the US; South Korea is reportedly planning to gradually allow institutional crypto trading ͏ ͏ ͏
Crypto Crash Imminent As US DOJ Sells Over 69K BTC
Monday, January 13, 2025
Monday Jan 13, 2025 Sign Up Your Weekly Update On All Things Crypto TL;DR Crypto Crash Imminent As US DOJ Sells Over 69K BTC Senator Lummis To Head New Crypto Subcommittee Dogecoin Fails To Break
2024 Cex Annual Report: Binance's lead narrowed, while Bybit spot and Bitget contracts grew significantly
Monday, January 13, 2025
In December, major exchanges recorded a 14% increase in spot trading volume, with Bitget leading at 102% growth, and a 6% rise in derivatives trading volume, where Gate saw the largest increase at 111%