Liquidated Bitcoin longs reach highest level since August

Most major crypto exchanges and companies have announced to cut business ties with Silvergate.

Silvergate’s troubles began when FTX went bankrupt. Silvergate is currently facing investigation from the US Department of Justice over their involvement in last year’s FTX crash.

Coinbase announces termination of partnership with Silvergate

At the time of writing, the price of Bitcoin (BTC) is trading at $22391, down nearly 5% in the past 24 hours.

Synthetic Kyptos

Stay in the Loop

Get the daily email from CryptoNews that makes reading the news actually enjoyable. Join our mailing list to stay in the loop to stay informed, for free.

Latest stories

- Advertisement - spot_img