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Bitcoin falling this morning amid broader fears of another high-profile bankruptcy this time at crypto Bank silvergate yes Bitcoin slides five percent in less than an hour amid Silver Gate uncertainty and this is really just the first piece of the puzzle because most of us have heard by now shares in silvergate fell 50 on Thursday after the crypto friendly lender said its evaluating its ability to continue as a going concern and delayed filing its annual report with the Securities and Exchange Commission for a 60-second summation on silvergate its a real bank its based in California its actually been in operation since 1996 but you probably know it because its known as the crypto Bank it was servicing clients such as coinbase such as Gemini such as FTX which is a big reason why you have shares down over 50 percent today alone thats because yesterday silvergate said that it needed more time to file its 10K form because basically it needs more time to really assess the damage to i
