Tag: Closure

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Silvergate Ex-CEO Challenges Official Account of Bank Closure

Former Silvergate Bank CEO Alan Lane said political and regulatory pressure from the Biden administration drove the crypto-focused lender’s voluntary wind-down in 2023, arguing...

Bitcoin Battles Hormuz Closure, US Inflation as $63,000 Returns

Bitcoin (BTC) returned to $63,000 on Thursday as crypto shook off news that Iran had closed a key global oil route.Key points:Bitcoin sees volatility...

Bitcoin Halts Gains as US-Iran War, Hormuz Closure Make a Comeback

Bitcoin foreshadows fresh market mayhem as it appears that the US-Iran war has returned, including the closure of the Strait of Hormuz oil route.This...