Stock

(Nuvei)
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.
(Nuvei)

(Will Foxley/CoinDesk)
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.
(Will Foxley/CoinDesk)

(Unsplash)
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.
(Unsplash)

(Will Foxley/CoinDesk)
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.
(Will Foxley/CoinDesk)

(Will Foxley/CoinDesk)
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.
(Will Foxley/CoinDesk)

(Unsplash)
Cowen Downgrades Coinbase Stock, Citing Trading Volume Declines
The firm said it's not clear whether trading will recover after the collapse of FTX.
(Unsplash)

(CoinDesk)
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.
(CoinDesk)

(Chesnot/Getty Images)
Mizuho Cuts Crypto Exchange Coinbase to Underperform, Trims Price Target
The bank’s analysis shows that 2023 revenue estimates for the crypto exchange are overly optimistic.
(Chesnot/Getty Images)

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Founder of EOS Developer Block.One Buys 9.3% of Crypto Bank Silvergate
The purchase makes Brendan Blumer the largest holder of Silvergate Capital.
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Ark Invest CEO Cathie Woods (Danny Nelson/CoinDesk)
Cathie Woods’ ARK Buys 238K More Shares in Coinbase Exchange Amid Crypto Rout
The purchase adds to the more than 400,000 Coinbase shares bought by ARK’s exchange-traded funds earlier this week.
Ark Invest CEO Cathie Woods (Danny Nelson/CoinDesk)