Silvergate identified the number of digital-assets customers it was working with each quarter, and that crowd steadily rose to 1,620 last quarter – most of those identified as institutional investors, though more than 100 were “digital asset exchanges.” However, those crypto customers’ deposits plummeted from almost $12 billion in the third quarter last year to less than $4 billion by the end of the year.
Related posts
-
Crypto industry doesn’t need Bitcoin anymore
In an interview posted Thursday, Charles Hoskinson called the Bitcoin following a ‘religion’ and unsustainable. Hoskinson,... -
No, a Sponsored Labeled Crypto Press Release Is Not An Alternative to Editorial Coverage
With these services, press releases are generally just “syndicated”, meaning that, although they will indeed be... -
Bitcoin (BTC) Price Drops Below $68K, Ether Slumps in Crypto Market Sell-Off as ETH ETF Decision Looms
Please note that our privacy policy, terms of use, cookies, and do not sell my personal...