No Digital Spring For Crypto: Outlook 2023

Silvergate Bank's balance sheet showed resiliency in the face of 70% drawdown on deposits, says Ivan Zhang. He and Greg Johnson discuss the crypto outlook for 2023. They talk about how Silvergate Capital (SI) too at $781M loss selling debt securities to raise cash. Greg notes that from the crypto winter to endless summer of regulation, there is no spring in digital assets. They then go over the potential catalysts for upsides in crypto. They also mention 2023 crypto investing strategies. Tune in to find out more about the stock market today.

Trading 360

09 Jan 2023

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