Crypto-friendly Silvergate Bank’s Q4 net income fell 55% year-over-year but it beat street estimates

Silvergate Bank – which counts major crypto exchanges Coinbase, Gemini and Kraken as clients – reported that it had 804 crypto-related clients at the end of 2019, adding 48 during the final quarter alone. On the net income side, the bank earned $3.6 million in Q4 2019 compared to $6.7 million in Q3. On a […]

Read more...