Silvergate begins NYSE delisting process as it readies to cut 230 staff

The parent company of the defunct Silvergate Bank disclosed significant staff cuts and the delisting of its securities in an SEC filing. The parent company of the collapsed Silvergate Bank will be delisted from the New York Stock Exchange, and 230 of its staff will be let go, Silvergate Capital has disclosed. In a May 11 filing to the United States Securities…

Silvergate begins NYSE delisting process as it readies to cut 230 staff

The parent company of the defunct Silvergate Bank disclosed significant staff cuts and the delisting of its securities in an SEC filing. The parent company of the collapsed Silvergate Bank will be delisted from the New York Stock Exchange, and 230 of its staff will be let go, Silvergate Capital has disclosed. In a May 11 filing to the United States Securities…

How to Invest in Cryptocurrency: A Beginner’s Guide

The growing interest, adoption, and investment in cryptocurrency, also called crypto for short, has many investors curious about getting into the game. This beginner’s guide will define cryptocurrency as an asset class and take you through the basics of investing in it. Learn what crypto is, the different types, what to consider before investing, and details to help you determine if it…

How Long Do Bear Markets Last?

The average bear market length is 289 days, or roughly nine and a half months.  For the first time since 2020, the S&P 500 closed in bear market territory on June 13, 2022, dropping by over 20% from its peak in January. So, are we in a bear market? The answer is yes.  A bear market indicates a steep decline in stock prices. While bear markets…