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3232Silvergate Bank Announces Voluntary Liquidation as Crypto Industry Woes Persist
https://www.digit.info/silvergate-bank-announces-voluntary-liquidation-as-crypto-industry-woes-persist/
Wed, 08 Mar 2023 22:38:42 +0000https://www.digit.info/2023/03/08/silvergate-bank-announces-voluntary-liquidation-as-crypto-industry-woes-persist/Read more]]>At 4:30 p.m. Eastern Time, Silvergate Bank announced its intention to wind down the crypto-friendly bank’s operations and voluntarily liquidate the company’s assets. The news follows significant financial troubles the bank faced, and the firm’s stock plummeted in value. Details of Silvergate’s Wind Down and Liquidation Plan Over the last six months, Silvergate Capital Corporation’s […]
]]>Goldman Sachs Downgrades Coinbase to Sell Rating — Analyst Says Firm Needs to Make Cost Base Reductions
https://www.digit.info/goldman-sachs-downgrades-coinbase-to-sell-rating-analyst-says-firm-needs-to-make-cost-base-reductions/
Tue, 28 Jun 2022 11:30:52 +0000https://www.digit.info/2022/06/28/goldman-sachs-downgrades-coinbase-to-sell-rating-analyst-says-firm-needs-to-make-cost-base-reductions/Read more]]>Analysts from the multinational investment bank and financial services company Goldman Sachs Group Inc. have downgraded Coinbase Global Inc. in a note to investors on Monday. Today, Coinbase shares are down 83.68% from the stock’s all-time high (ATH) in November 2021. Goldman analyst William Nance explained that his group of market strategists believes “Coinbase will […]
At 4:30 p.m. Eastern Time, Silvergate Bank announced its intention to wind down the crypto-friendly bank’s operations and voluntarily liquidate the company’s assets. The news follows significant financial troubles the bank faced, and the firm’s stock plummeted in value. Details of Silvergate’s Wind Down and Liquidation Plan Over the last six months, Silvergate Capital Corporation’s […]
Analysts from the multinational investment bank and financial services company Goldman Sachs Group Inc. have downgraded Coinbase Global Inc. in a note to investors on Monday. Today, Coinbase shares are down 83.68% from the stock’s all-time high (ATH) in November 2021. Goldman analyst William Nance explained that his group of market strategists believes “Coinbase will […]