Silvergate Capital Corporation (SI)
- Motley Fool
Why Shares of Coinbase, Silvergate Capital, and MicroStrategy Incorporated Are Rising This Week
Shares of several crypto stocks are rising this week as the price of the world's largest cryptocurrency, Bitcoin (CRYPTO: BTC), has bounced more than 7.5% since Sunday. For the week, shares of the large crypto exchange Coinbase (NASDAQ: COIN) traded more than 7% higher as of 10:53 a.m. ET today. Shares of the crypto bank Silvergate Capital (NYSE: SI) traded nearly 17% higher, and shares of the business intelligence and Bitcoin buyer MicroStrategy Incorporated (NASDAQ: MSTR) were up more than 21%.
- Motley Fool
Meta's Crypto Project Is Closing. Here's What Investors Need to Know
Earlier this year, Meta Platforms (NASDAQ: META) sold off its holdings in Diem Association -- the cryptocurrency project it had been working on the last few years with other tech and digital payments companies. Crypto bank Silvergate Capital (NYSE: SI) was the buyer of the Diem assets, but it was still unclear what would become of Meta's Novi digital wallet. One year after beginning a pilot program, it looks like Novi is now closing up shop and will no longer be available for use after Sept. 1, 2022.
- Motley Fool
My 3 Favorite Stocks Right Now
Shopify's market cap is down to about $40 billion. It's a highly volatile stock, and it's always been expensive. In fact, I think it was Shopify's announcement that business was outstanding that caused the stock market to bounce back as quickly as it did.
