The stock is down around 1.15% at the 5-day view. But for the 30-day period ending Friday, SI has rallied some 74% to a 6-month capitulation of 13%. Silvergate shares were trading for $93.29. Why One Crypto Stock Crashed While Its Earnings Blew Up Silvergate stock took a dive with the rest of crypto stocks...Read More
Don’t call it an “Ethereum killer.” Polygon (MATIC) builds on and enhances Ethereum’s blockchain. Its developers and user base must have missed the memo that we’re in crypto winter. While prices crashed, Polygon’s ecosystem grew in leaps and bounds to finish quarter two. The crypto platform enables developers to build bridge infrastructure between blockchains. As...Read More
The reality for the crypto industry and cryptocurrency prices in 2022 is institutional investment has only just begun. When it happens for real, the market will suddenly and drastically revise the exchange rate of crypto upward. Without looking it up, how much money would you know or reckon that institutional investors have exchanged for cryptocurrency...Read More
The bear market weeds out unnecessary frills and enables legitimate projects to stand out but also cripples portfolios of investors, both big and small. The ongoing market conditions are no different. But one vertical that market participants remain bullish on is – blockchain games and metaverse projects. Winner in Bear Market According to DappRadar’s report,...Read More
Bitcoin and major altcoins witnessed a notable upswing in the past couple of days. Despite the current pullback, the asset maintains a decent strength and displays a tendency to regain bullish momentum. The bearish cartel is attempting very hard to restrict the rally but the assets appear to be poised to keep up the upward...Read More
Nearly half of the surveyed cryptocurrency investors (46%) admitted to selling some of their possessions in the last several weeks. Those with lower salaries were more likely to part with their holdings. Most HODLers Tend to Be Wealthy The American-based business intelligence company – Civic Science – polled thousands of cryptocurrency investors to find out...Read More
Bitcoin price is currently consolidating just below $24,000 after facing rejection at $24,400 during the previous trading day. Despite the current consolidation, the asset displays huge possibilities of breaking out from the bullish pattern and hitting $25,000 at the earliest. Conversely, the BTC price is expected to visit the buying zone once again by tanking...Read More
After the US GDP was released on July 28th, it was learnt that the GDP had fallen around -0.9%. Yet, the US officials had claimed that there is no recession. Meanwhile, BCA Reserache’s Chief Global Strategist, Peter Berezin has disclosed a few recession proof assets where he is of the opinion that this will help...Read More
