Markets
Bitcoin Falls Below $20K as 2023 Rally Reverses
A hawkish Fed, the demise of crypto-friendly Silvergate Bank, and a possible government sale of Silk Road-related bitcoin have given investors ample reason to sell.

Crypto Traders Suffer Over $300M of Losses in Liquidations Amid Market Crash
The largest long liquidation in at least a month suggests Thursday’s crash in crypto prices has caught traders off-guard. Bitcoin traders suffered the most losses, some $112 million in the past 24 hours, while ether liquidations surpassed $73 million, per data from CoinGlass.

Bitcoin Dips Below $21K to Reach Lowest Level In 7 Weeks as Silvergate Bank Shutdown Shakes Investors
Bitcoin and other major cryptocurrencies declined as the crypto-focused lender’s crisis continued to unfold; ether sinks 7%.

Securities Platform DEFYCA to Release Tokenized Private Debt Protocol on Avalanche
DEFYCA’s launch highlights the growing trend of bringing tokenized versions of traditional markets like debt to blockchain-based protocols.

First Mover Americas: Silvergate Shutters in Latest Blow to Crypto
The latest price moves in crypto markets in context for March 9, 2023.

Shares of Grayscale Bitcoin Trust Form Bullish Chart Pattern: Technical Analyst
The bullish reversal pattern would open doors for a 50% price rally, chart analysts said.

Crypto Options Market Flashes Bitcoin Warning as Silvergate Winds Down Operations
Bitcoin's options skew favors bearish put options by the most in two months.

Polygon, Solana Tokens Lead Majors Slide Amid Bitcoin Weakness
Bitcoin dumped Thursday on the back of multiple catalysts that contributed to selling pressure.

U.S. Government's $1B Bitcoin Transfer Spooks Investors; Bitcoin Dips
The price of bitcoin dipped below $22,000 early Wednesday after authorities moved some of the bitcoin to Coinbase-controlled wallets.

DeFi Protocol Maverick Unveils UniSwap Rival Decentralized Exchange on Ethereum
Maverick Protocol said its automated market maker algorithm offers investors more customization and the potential to earn greater profits than on top decentralized exchange UniSwap.

