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/biz/ - Business & Finance

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53142869 No.53142869 [Reply] [Original]

Contagion will take down market another 40%

>> No.53143730

>>53142869
silvergate doesn't hold any crypto. They're a bank.

>> No.53143781

>>53143730
>Silvergate's main business is facilitating payments between crypto hedge funds and crypto exchanges.

>> No.53143812

>>53143730
Go back.

>> No.53143888

>>53142869
>Cryptocurrency-focused Silvergate Capital (SI) plunged 46% Thursday morning after the bank was forced to sell assets at a steep loss to cover about $8.1 billion in withdrawals during the collapse of crypto exchange FTX
>>53143730
not for long lmao

>> No.53143901

>"contagion"
retard shills itt. lmao no one is falling for it. why are you so bad at life / your job?

>> No.53143947
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53143947

Zoom out.
Todays 20 to 10 is in light of a crash from 160

>> No.53144047

>>53143781
>>53143812
>>53143888
Absolute retards, again, silvergate doesn't hold any crypto.

>> No.53144102
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53144102

>contagion
holy checked and based may KEK bless you fren shadilay!

>> No.53144302
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53144302

>>53144047
you should have stopped reading at the shill propaganda word of the month: contagion
they're like undercover cops except with giant rainbow dildos on their heads. they're easy to spot my man what are you doing?