Ethereum Weekly (3/3/23) **Ethereum Weekly - Edition 13** Welcome to the latest edition of *Ethereum Weekly*! Ethereum (ETH) had a relatively quiet week last week, but today is a different story pushing the total loss to around 5% depending on when you check the past seven days. Most of that damage occurred after the close yesterday. But why such a drop today? California-based Silvergate Bank, which provides payments for many crypto businesses, appears to be in financial…
Bitcoin Weekly (3/6/2023) **Bitcoin Weekly - Edition 49** Bitcoin (BTC) fell over $1,000 last week after a rough start to the weekend thanks to the Silvergate Bank issue. The nearly 5% fall in price that resulted saw BTC shed some of this year's gains. After news broke of the latest crypto concern, Bitcoin immediately fell from $23,435 down to $22,359 and has been basically trading sideways ever since as the market continues to digest the industry's latest failure. The…
read.cash - what happened to the rewards I publish articles on a number of different platforms, including read.cash., and have always enjoyed the community and various writers. I publish two set articles a week, Bitcoin Weekly and Ethereum Weekly, but will add other articles as inspiration strikes. In 2023, I've published about 20 articles and earned exactly $0. Prior to that earnings were pretty consistent running from a few cents to up to a few dollars. The Bitcoin Cash…
Ethereum Weekly (3/10/23) **Ethereum Weekly - Edition 14** Welcome to the latest edition of *Ethereum Weekly*! Ethereum (ETH) had a rough day a week ago at the start of the Silvergate Bank fiasco as we discussed in last week's article and the hits keep coming. Ethereum fell around 10% over the previous 24 hours which has not been kind to most assets with most stocks down around 2% yesterday and banking stocks down around 5%. We have wiped out much of the gains made this year…
Bitcoin Weekly (3/13/2023) **Bitcoin Weekly - Edition 50** What Silicon Valley Bank collapse? Bitcoin (BTC) didn't have a particularly good week but a rally today helped recover many of the losses from the last week or so with approximately a 20% jump on Sunday and Monday to kick off the new week. The gains came on the back of news that the US government will protect Silicon Valley Bank and Signature Bank depositors. Bitcoin lead the way with other cryptocurrencies surging…
Ethereum Weekly (3/17/23) **Ethereum Weekly - Edition 15** Welcome to the latest edition of *Ethereum Weekly* and Happy St. Patrick's Day! Ethereum (ETH) had a big week along with other risk assets after the US government decided to bail out a couple of banks with crypto operations. The markets love liquidity provided by the central banks, so this move by the Fed was welcomed by investors who ran the prices of cryptocurrencies up and to the left. Officially, Ether rose…
Bitcoin Weekly (3/20/2023) **Bitcoin Weekly - Edition 51** Remember that first "Death Cross" Bitcoin hit on the technical charts a couple of weeks back? Looks like everyone forgot! Bitcoin (BTC) had a tremendous week climbing to its highest price point since June earlier today and nearly climbing 70% thus far in 2023. It is a bullish start to another week for the largest digital currency despite continuous bad news regarding the banking sector. With one eye on interest rates…
Ethereum Weekly (3/24/23) **Ethereum Weekly - Edition 16** Welcome to the latest edition of *Ethereum Weekly!* Ethereum (ETH) had a solid week holding around $1,800, which it reached for the first time since last August, despite another rate hike from the Federal Reserve on Wednesday. Ether did drop below that level earlier today after Binance temporarily suspended spot trading spooking the crypto markets after its post-rate hike rally. Jerome Powell and company increased…
Bitcoin Weekly (3/27/2023) **Bitcoin Weekly - Edition 52** Bitcoin Weekly has now been published every week for one year straight - thank you for reading each week! Bitcoin (BTC) had a solid week despite another rise in interest rates last week and the agency retaining its hawkish stance focused on stopping inflation. You would expect that news to knock Bitcoin back a bit, but BTC shrugged off the news looking increasingly bullish by the day. Week-over-week, Bitcoin was up…
Ethereum Weekly (3/30/23) **Ethereum Weekly - Edition 17** Welcome to the latest edition of *Ethereum Weekly!* Ethereum (ETH) closes out the week for us today, along with the month of March, and the first quarter. Despite the volatility of the past week, Ether ended around the $1.8K mark falling just short of last week's close with a small red candle. Overall, Ethereum had one of its best quarters since the final quarter of 2021 when it hit its all-time high. Let's keep this…
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