Another week is behind us, which means it's time to wrap things up.
06 Mar 2023, 19:20
Another week is behind us, which means it's time to wrap things up📋
🔹As usual, let's start with bitcoin, which tested levels below $22,000. By the end of the week, the coin regained its positions to the $22,400 level, but the total drop was around 3% and affected all altcoins, which also ended the week in the red.
🔹Bad news also hit Silvergate Bank. Due to a delayed SEC filing and rumors of bankruptcy, many companies that had partnered with the bank terminated their contracts. Among them: Coinbase, Circle, Paxos, Crypto.com, Gemini, Bitstamp, Bakkt, and Galaxy Digital. Against this backdrop, Silvergate's capitalization dropped by 50%.
🔹However, there is also positive news! The Ethereum Shapella update testing was successful on the Sepolia testnet. On the main network, the update will appear around mid-April, after another test phase on Goerli.
That was the most interesting news from last week! Stay up to date on the latest crypto news with ChangeNOW!
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06 Mar 2023, 19:20
Another week is behind us, which means it's time to wrap things up📋
🔹As usual, let's start with bitcoin, which tested levels below $22,000. By the end of the week, the coin regained its positions to the $22,400 level, but the total drop was around 3% and affected all altcoins, which also ended the week in the red.
🔹Bad news also hit Silvergate Bank. Due to a delayed SEC filing and rumors of bankruptcy, many companies that had partnered with the bank terminated their contracts. Among them: Coinbase, Circle, Paxos, Crypto.com, Gemini, Bitstamp, Bakkt, and Galaxy Digital. Against this backdrop, Silvergate's capitalization dropped by 50%.
🔹However, there is also positive news! The Ethereum Shapella update testing was successful on the Sepolia testnet. On the main network, the update will appear around mid-April, after another test phase on Goerli.
That was the most interesting news from last week! Stay up to date on the latest crypto news with ChangeNOW!
Another week is behind us, which means it's time to wrap things up.
Another week is behind us, which means it's time to wrap things up📋
🔹As usual, let's start with bitcoin, which tested levels below $22,000. By the end of the week, the coin regained its positions to the $22,400 level, but the total drop was around 3% and affected all altcoins, which also ended the week in the red.
🔹Bad news also hit Silvergate Bank. Due to a delayed SEC filing and rumors of bankruptcy, many companies that had partnered with the bank terminated their contracts. Among them: Coinbase, Circle, Paxos, Crypto.com, Gemini, Bitstamp, Bakkt, and Galaxy Digital. Against this backdrop, Silvergate's capitalization dropped by 50%.
🔹However, there is also positive news! The Ethereum Shapella update testing was successful on the Sepolia testnet. On the main network, the update will appear around mid-April, after another test phase on Goerli.
That was the most interesting news from last week! Stay up to date on the latest crypto news with ChangeNOW!