Yesterday, Silvergate Bank announced its intention to wind down the crypto-friendly bankâs operations and voluntarily liquidate the companyâs assets. The news follows significant financial troubles the bank faced, and the firmâs stock plummeted in value. #crypto2023
On Wednesday,Binance CEO Changpeng Zhao (CZ),announced the launch of a new non-fungible token (NFT) platform infused with artificial intelligence (AI).The AI-centric product is named Bicasso,and CZ said the beta version dropped today and was limited to 10K mints. #Binance #NFT
Global crypto exchange Binance is now hiring IT specialists and customer service representatives for its operations in Romania.The leading coin trading platform is also engaged in a number of educational initiatives in collaboration with Romanian universities & authorities. #BNB
Crypto prices have surged in value over the past few days, and the total value locked (TVL) in decentralized finance (defi) has surpassed the $50 billion mark for the first time since the collapse of FTX. As of Feb. 16, 2023, the TVL in defi is $51.1 billion. #DeFi #BTC
Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still High.Dogecoin and Shiba Inu Dominate Meme Coin Market With 94% Market Share. #crypto2023 #SHIB #DOGE
Non-fungible token (NFT) sales increased 41.96% from the previous month, according to data recorded on Feb. 1, 2023.NFT sales reached nearly $1 billion in 30 days,exactly $997.53 millionl.The number of digital collectible transactions rose more than 22% in the past month. #NFT
Bitcoin and ethereum, experienced double-digit gains against the U.S. dollar. Meanwhile, several alternative cryptocurrencies saw even greater increases in value, with metaverse tokens like Decentralandâs MANA and The Sandboxâs SAND rising 92-150% against the greenback.
A new survey shows that institutional investors expect âa strong year ahead for bitcoinâ and are confident about the cryptocurrencyâs long-term valuation. In addition, 65% of institutional investors surveyed agree that bitcoin could reach $100,000. #bearorbull #BTC #crypto2023
Today has seen trillions of Shiba Inu wired despite a noticeable decline in the burn rate of the meme coin. Subsequently, Shiba Inu Developer, Shytoshi Kusama, has affirmed that trillions of SHIB will hopefully burn with the Shibarium release. #bearorbull #SHIB #crypto2023
What is SHIB: The Metaverse? The Metaverse is the Shiba Inu ecosystemâs own metaverse space,described by developer Eric M. Eric M claims that the entire Shib Army community will be integrated into the Shiba Inu metaverse with tokens,games,and much more related to the ecosystem.
Seven major banks, including Bank of America, JPMorgan Chase, and Wells Fargo, have reportedly teamed up to launch a digital wallet that will compete with other third-party wallet providers such as Paypal and Apple Pay. #bearorbull #news
The #Crypto market cap looking strong and still sitting above the $1Trillion range! #BitcoinâŻhas started the week well and I believe will finish well to đđđťđ #bearorbull #crypto2023 #btc