2022-06-23 03:39:24

Crypto-Stock Trifecta: One of these Isn’t Like the Others

Bitcoin (BTC-USD) temporarily dropped below the psychological and technical level of $20,000, but that level appears to be acting as a sort of floor. In the same way, the headwinds facing cryptocurrency-related stocks like Coinbase (COIN), Silvergate Capital (SI), and MicroStrategy (MSTR) are likely only temporary. However, there are reasons to be bullish on Silvergate, bearish on Coinbase, and neutral on MicroStrategy over the longer term. Silvergate, Coinbase, and MicroStrategy: The Basics Silvergate Capital is generally known as a crypto bank, but that's not its entire business. The company has a 20-year track record of serving entrepreneurs in unique and niche industries, including cryptocurrency.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.