2023-3-7 02:02 |
BTC has traded in a narrow range since it dropped sharply last Thursday as Silvergate’s woes grew increasingly apparent.
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Silvergate stock dropped by about 30% as financials raise concerns
2023-3-2 14:27 | |
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Silvergate Capital Corp (NYSE: SI) shares dropped sharply on Thursday, with intraday declines as of midday more than 47% to see the crypto-focused bank’s stock trade around $11. 52. Silvergate shares fall as investors withdraw $8 billion in deposits Losses for crypto-friendly bank’s shares followed the company’s fourth-quarter report before markets opened.
2023-1-6 20:18 | |
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| Analogue Notcoin - TapSwap |
Detractors claim Bitcoin to be a Ponzi scheme. A history of such schemes shows this to be untrue. Yet, paradoxically, Bitcoin is being used to perpetuate the largest Ponzi scheme in history. The second report in the "FUD Fighters" series powered by HIVE Digital Technologies LTD.
One analyst firm said over $13 billion in open interest was wiped out as $1.5 billion in bullish bets were liquidated.
Recent price appreciation veils the far greater potential of blockchain technology.
Bitcoin ETF inflows could lead to a “sell-side” crisis in the coming months, one market observer said.
Some meme coins are surging in anticipation of more exchange listings in the coming months.
Greed, irrationality and anxiety have contributed to chaos in the crypto market. Investors should work on self-improvement if they want the industry to succeed.
Cointelegraph Markets Pro hands investors breaking alerts leading to multiple double-digit trades in a “dead” crypto market.