Stock
Crypto Platform Bullish's Second-Quarter Earnings Beats Wall Street's Estimates
The crypto platform that went public on the New York Stock Exchange in August sees higher adjusted Ebitda for the third quarter.
Circle to Offer 10 Million Class A Shares at $130 Each
The price is more than quadruple the June IPO price of $31 when the company debuted on the New York Stock Exchange.
Galaxy Digital's Strong Earnings Will Carry Into Current Quarter, Analyst Says
Improved crypto market conditions due to anticipation of spot bitcoin ETF approval helped boost earnings, Stifel Canada said in a report.
Payments Firm Nuvei’s Ties With FTX Questioned in Spruce Point Capital Report
Nuvei's shares fell by as much as 6% in premarket trading after Spruce Point warned of a 50% downside, but rebounded into positive territory mid-morning.
Silvergate Stock Drops Over 50% as Crypto Clients Flee Beleaguered Bank
Silvergate's clients Coinbase, Circle, Paxos, Crypto.com, Bitstamp, Cboe Digital Markets, Galaxy and Gemini said they will suspend business with the bank.
Silvergate Loses a Bull as KBW Analyst Downgrades on Limited Visibility
The analyst slashed the investment bank's price target by about 36% to $16.
Crypto Bank Silvergate Downgraded by Wall Street Banks, Moody's After Q4 Results, Shares Slump
J,P. Morgan cut its rating on the stock to neutral from overweight and slashed its price target to $14 from $30.
MicroStrategy, Marathon Digital Shares Fall Amid Crypto Bank Silvergate's Woes
Both companies were sizable borrowers from the lender, though Marathon late last year moved to pay down some of its debt.
Cowen Downgrades Coinbase Stock, Citing Trading Volume Declines
The firm said it's not clear whether trading will recover after the collapse of FTX.
Crypto Bank Silvergate Shares Plunge 46% After $8.1B Withdrawal in Q4 Prompts 200 Job Cuts
The company also said it is writing off its investment in former Facebook stablecoin project Diem.
