Earlier today, we reported that Silvergate Bank – a tech-friendly financial institution stationed in Silicon Valley – had collapsed. The company is liquidating all its assets after being shuttered by the federal government due to a high number of monetary failures, and bitcoin suffered because of this. Silvergate Has Closed, but There’s Still Hope for Bitcoin Many are saying this is the start of the 2008 Great Recession all over again. Many think this is a continuation of 2022, and that bitcoin and all its crypto cousins will never recover from bearish conditions, but these thoughts could be jumping the
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Author: NixCoin