Following a rapid decline in Silvergate Bank’s business, Silvergate Bank has stabilized and is able to meet regulatory capital requirements and is in a position to continue serving customers who have deposits with Silvergate Bank.
JinseFinanceIn general, I agree that Ethereum is a social experiment that hopes to create a decentralized, authority-free, and even trustless "cyber immigrant country" vision, as well as its L2 expansion direction based on Rollup.
JinseFinanceThe first episode of Behind the Code Season 2, "Creating the Future of Web3", is now online. The first episode takes a deep dive into the huge potential of Polkadot and Web3 technology in solving digital identity, data ownership, and decentralized governance.
JinseFinanceRecommended reading for this evening: 1. Vitalik's latest blog post: Discussion on multi-dimensional gas pricing; 2. Interpretation of ZK coprocessor network Lagrange with $13.2 million seed round financing; 3. Meme coins replace VC tokens to make Bitcoin better and better;
JinseFinanceThe performance divergence between Bitcoin and Ethereum is growing during this cycle. This manifests itself as weaker price performance for ETH and can be explained by overall weaker capital rotation trends, especially relative to past cycles and ATH breakouts.
JinseFinanceThe BTC elephant dance is the craziest of many asset classes. In the past month, BTC has increased by more than 50%. What is the mechanism behind such crazy market performance? Can the madness continue?
JinseFinanceThe Ethereum ($ETH) market witnessed notable whale accumulation, with over $1 billion added in holdings despite recent price stagnation. Ethereum trades at $2,300, reflecting a 78.5% surge in 12 months, while Bitcoin soared by 170%. Institutional inflows in crypto investment products reached $2.2 billion in a year, with Bitcoin-centric products leading at $1.93 billion. Solana ($SOL) attracted attention, gaining $167 million in investments post FTX's collapse, surpassing Ethereum's inflows. Analysts maintain bullish sentiments, predicting ETH to hit $10,000 and foreseeing potential price surges post Bitcoin ETF approval.
Xu LinSpoiler alert: it hasn’t yet been determined whether he did anything criminal.
Ex-FTX CEO Sam Bankman-Fried is still in the spotlight—but not for the right reasons.
decryptEthereum is trading inside the $1,250-$1,330 support range. It is trading inside a descending parallel channel.
Beincrypto