SICP daily data is showing some gradual accumulation at the current price range -- despite being traded only via OTC. On the daily, it is creating both higher lows price wise and in histogram. Further bounce maybe expected from the present price range. Spotted at 0.90 *SICP is fundamentally challenged -- so be guided. TAYOR Safeguard capital always.
Russell represents the true economy of United States. There are 2,000 medium size companies with each value between $300m to $2b. The index includes a diverse range of companies from various sectors, including financials, healthcare, consumer goods, industrials, and technology. In my opinion Russell represents the true economy of united states. If the bank run...
We've seen massive capitulation and it has formed a harmonic shark pattern in the process. It will likely go sideways from here initially but generally we already had our first change of structure under wyckoff accumulation. Its just a matter of time before this fully reverses. If you missed bitcoin a decade ago, this is your next bitcoin. Our trigger is RSI...
If you haven`t sold crypto`s favorite bank, SI Silvergate, here: Then you should know that Silvergate Capital Corp, the parent company of Silvergate Bank, announced its closure and liquidation of assets on Wednesday. Shortly after, New York state banking regulators closed down Signature Bank to prevent the fallout from the failure of Silicon Valley Bank. ...
Two financial institutions, Silvergate Capital and Silicon Valley Bank (SVB), collapsed early last week due to a series of ill-fated investment decisions which were exposed by global interest rate tightening. The collapses came after the institutions invested large amounts of capital in long-dated US government bonds, which were considered relatively low risk....
This 2 charts reminds me of a James Bond movie, Skyfall. There is a claim by many that, these companies are too big to fail. Oh yeah? 7th largest investment bank in the world is get steamrolled. Yesterday about 6pm Malaysia time, Credit Suisse ($CSGN) got halted due to excessive selling. Robert Kiyosaki predicts this bank will be next. Today, Larry Fink of...
Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here, committed to keep you updated on the latest major event that's taking the world by storm: The recent collapse of three major banks: Silicon Valley Bank $SIVB , Silvergate Capital Corporation $SI and now Signature Bank $SBNY . It has since came to light that many cryptocurrency companies had vested...
Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. In a twist of events, an incident that happened within the banking realm created chaos for the crypto realm. I bet you didn't have that...
If you haven`t bought puts here: Then you should know that last week, Silvergate's stock plunged by up to 45% following the company's announcement that it would delay filing its annual report due to ongoing investigations by various regulatory bodies, including the U.S. Department of Justice. This led major players in the crypto industry, including Coinbase...
If you haven`t sold COIN here, ahead of earnings: Then you should know that following a string of investigations and lawsuits against it, Silvergate Bank, a prominent lender to cryptocurrency firms, lost five key partners on March 2. Coinbase, Paxos, Gemini, BitStamp, and Galaxy Digital were among the notable crypto firms that previously relied on Silvergate as...
Yesterday, the share price of Silvergate, a cryptocurrency-focused US bank, dropped by nearly 50% in early trading after it delayed publication of its annual report and announced a fresh sale of assets to repay debts, while warning that it was assessing its ability to continue as a going concern. The delay and warning were prompted by its exposure to the collapse...
So, Silvergate Capital is this bank that services the crypto market and is arguably a pretty shady company. It's a shady company because crypto itself is extremely filthy, is a cult, and doing business with shady cult people who are printing money out of thin air on the Internet brings with itself certain problems that no bank who is legit is willing to muddy its...
A development that just last year would certainly crash Bitcoin down to new lows, today only produces a small scratch on Bitcoin's price. Pressure from all around. Bad news: Inflation, the SEC fighting everybody in the Crypto-industry in order to advance their personal agenda, companies going bankrupt, all hell breaking loose... Bitcoin drops by $300...
I mean when a banks entire operation is based on registered securities sales, NFTs, ponzi scheme yields. Does make you wonder how long does Ethereum have left if it runs on the similar ecosystem? Will be interesting to watch this unfold, even though Ethereum developers locked tokens, what happens when the web3 companies are forced to liquidate after a visit...
Looking at the SI Silvergate Capital Corporation options chain ahead of earnings , I would buy the $12 strike price Puts with 2023-1-20 expiration date for about $1.05 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
Worries around Silvergate Bank have set off a mini plunge today. Crypto has seen a worrying Asian session so far, with most coins seeing heavy selling as traders look to take cover as the Sivergate Bank issue continues. The Banks share price lost 50% yesterday, and reports say most major players will suspend automated clearing with other business operations...
FTX going bankrupt is good for bitcoin bro. My counterparty was involved with FTX too. Bullish! WAGMI.
BingX’s Bitcoin Chart Bitcoin is down 1.81% over the last 24 hours and fell to an intraday low of $19,091.97. The largest cryptocurrency broke below the 20-day exponential moving average ($19,410), suggesting the seller remains active at the higher levels. The RSI is near the midpoint, suggesting a balance between supply and demand. For now, the bulls need to...