'I don't think we're out of the woods yet,' 21Shares' hany says. 'Clearly inflation is still rampant.' He weighs in on bitcoin's performance amid macro pressures:
Bitcoin hovered above $22,400 as Silvergate Bank, which warned last week about its ability to remain in business, discontinued its SEN platform that institutions used to move money to crypto exchanges.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Silvergate Bank Terminates Crypto Payments Network as Shares Plunge to Record Low – Featured Bitcoin NewsSilvergate Bank shut down its cryptocurrency payments network after crypto firms, including Coinbase, dropped their banking relationships. bitcoin
Lire la suite »
First Mover Asia: Bitcoin Is Stuck Between Silvergate and ChinaThe largest crypto in market value hovers above $22.4K as investors mull Silvergate's troubles but also likely encouraging economic data from China. ALSO: CoinDesk columnist David Z. Morris considered the gathering of Etherians at ETHDenver, all working together to build.
Lire la suite »
While Bitcoin's Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit – Mining Bitcoin NewsMerge-mining is a process in which miners can mine various cryptocurrencies at the same time without any additional cost.
Lire la suite »
Silvergate Issues Continue: Bank Closes Its Crypto Payments NetworkThe troubled bank said the closure was a 'risk-based decision.'
Lire la suite »
Host of Crypto Firms, Including Coinbase, Paxos and Galaxy, Jump Ship From Silvergate Bank.Coinbase recently switched from Silvergate “out of an abundance of caution,' adding that it has minimal exposure to the crypto-focused bank. PaxosGlobal has also jumped ship, discontinuing all SEN transfers and wires to their Silvergate account.
Lire la suite »