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Month: January 2023

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  • Jim Cramer explains Silvergate’s failure on Mad Money

Jim Cramer explains Silvergate’s failure on Mad Money

Shares are down by more than 90% from their all-time high in November 2021 Silvergate is a “great example of everything that’s wrong with this industry” They were working on…

Ethereum Classic breaks above descending trendline but exercise caution

Ethereum Classic is up 18% in the week The network has witnessed an increased hash rate Ethereum Classic still faces bear pressure at $19 Ethereum Classic (ETC/USD) has been of…

BNB prediction as price maintains a recovery

Binance coin has been bearish since the FTX collapse The cryptocurrency trades on an upside at $255 BNB faces resistance at $266, a crucial resistance level While 2022 was largely…

Near Protocol adds 20% in a week. What price action says about the token

Near token has recovered by almost 20% in a week The cryptocurrency saw increased volumes at the $1.25 bottom after a disastrous 2022 NEAR face bears at the descending trendline…

XRP price stalls as Ripple CEO remains “cautiously” optimistic about 2023

XRP has stalled for the last 3 weeks The price has been tied to the crypto sentiment and case with SEC Garlinghouse expects a “breakthrough” in crypto regulation in 2023…

What is Bitcoin and How Does It Work?

Table of Contents What is Bitcoin and How Does it Work? History of Bitcoin Bitcoin in the News Bitcoin (BTC) Tokenomics Bitcoin Price Peaks and Drops Bitcoin Dominance and Inf...

Creating centralised products defeats the purpose of using blockchain, says MyEtherWallet’s CEO

MyEtherWallet’s CEO believes that blockchain technology should be used to buid decentralised products. The CEO added that MyEtherWallet remains a decentralised wallet because that is the best way to use…

73% less Bitcoin millionaires than a year ago, as crypto losses top $2 trillion in torrid 2022

Key Takeaways Cryptocurrency industry was valued close to $3 trillion entering 2022, now it is $800 billion There are 73% less Bitcoin millionaires after 2022 Bitcoin has pulled back 75%…

Cowen downgrades Coinbase to market perform

Cowen cited the absence of clarity on a possible trading volume recovery after FTX collapsed Cowen also reduced its price target on the shares Coinbase has features that make it…

Silvergate plunges after crypto meltdown triggered deposit run

Silvergate held deposits for FTX units and Alameda Research Silvergate appears to be most at risk from what happened to FTX Shares plunged by more than 40% Shares of crypto…