• Threshold Network is a blockchain-based platform that provides cryptographic primitives for decentralized applications.
• The T token was released on January 1, 2022, as the result of the Keep Network and NuCypher protocol unification.
• Threshold Network has demonstrated strong potential, making it a potentially good long-term investment.
Threshold Network is a blockchain-based platform that provides cryptographic primitives for decentralized applications. It is the result of the Keep Network and NuCypher protocol unification, which was completed on January 1, 2022 with the release of the T token. Since then, Threshold Network has been gaining popularity in the crypto market, making it a potentially good long-term investment.
The platform offers a variety of features for users, such as staking T tokens to run a node on the Threshold Network and earn rewards. Stakers are a core component of the network and help to provide cryptography services on Threshold and secure the network. Threshold also provides a collection of cryptographic primitives for multiple different decentralized applications, such as social media and medical applications.
In addition, the platform also offers a variety of security features. Threshold Network has implemented an advanced security protocol that uses multiple layers of protection to keep users’ data safe. The protocol also uses a combination of encryption, authentication, and authorization to protect user data.
The T token has also been performing well recently, making it a good investment opportunity. The token has seen a significant surge in its price since it was released, and it is expected to continue to increase in value in the future.
Overall, Threshold Network is a promising project that offers a variety of features and benefits for users. With its advanced security protocols, staking mechanisms, and cryptographic primitives, Threshold Network is a great option for those looking to invest in a project with a lot of potential.
• Silvergate Capital Corp reported a net loss of $1 billion in Q2 of 2022 due to investors withdrawing over $8 billion in deposits in the last three months of 2022.
• Silvergate Capital became a publicly traded company in 2019 and specialized in handling digital assets and enabling exchanges, institutions, and traders to exchange crypto for fiat currencies.
• In a preliminary earnings report, total deposits from digital asset customers dipped to $3.8 billion at the end of December last year, relative to the $11.9 billion reported at the end of September.
Silvergate Capital Corp, a publicly traded company since 2019, recently reported a net loss of $1 billion in Q2 of 2022. The company, which specializes in handling digital assets and enabling exchanges, institutions, and traders to exchange crypto for fiat currencies, has been impacted by the collapse of crypto exchange FTX.
Investors shaken by the collapse of the exchange withdrew over $8 billion in deposits in the last three months leading to December 2022, resulting in the $1 billion loss. In a preliminary earnings report released on January 5, 2023, Silvergate reported total deposits from digital asset customers dipping to $3.8 billion at the end of December last year, relative to the $11.9 billion reported at the end of September.
To maintain liquidity, Silvergate sold $5.2 billion of debt securities at a loss of $718 million in Q4. Despite the losses, the company’s shares were up by almost 4% in pre-market trading.
The collapse of FTX has had a significant impact on the digital asset sector, with Silvergate’s earnings report indicating the extent of the damage. The company is now faced with the challenge of rebuilding its customer base and restoring the confidence of investors, a task that will not be easy.
Silvergate’s losses are a stark reminder of the risks associated with investing in digital assets, and the importance of diversifying portfolios and exercising due diligence before investing. The company’s future remains uncertain, but with its shares up in pre-market trading, Silvergate could be on the path to recovery.
-LUNA price is trading at $2.08 and is on the verge of confirming another breakout that could quickly propel it to $5.00.
-The asset needs to hold support above $2.00 for buyers to have more time for accumulation.
-Buyers are in control but the uptrend may be nearing its elastic limit ahead of a pullback.
LUNA price is trading at $2.08 and is on the verge of confirming another breakout that could quickly propel it to $5.00. This is a potential new support level, as traders must be wary of possible profiteering ahead of the next bullish move. To ensure this, Terra must hold support above $2.00, to give buyers more time for accumulation ahead of the anticipated breakout.
At the moment, Terra is facing declining volumes, which according to CoinMarketCap, has dipped -49% to $152 million in 24 hours. Low volume is a concern as it denies the asset the momentum to push to higher levels. In order to assess the bullish outlook in LUNA price, the 100-day Exponential Moving Average (EMA) is reinforcing the seller congestion in the area in confluence with the twice-tested falling trend channel’s upper boundary.
To confirm to investors that the path with the least resistance is to the upside, Terra needs to close the day above this level. The position of the Stochastic oscillator in the overbought region shows that buyers hold the reins. However, it could also mean that the uptrend is nearing its elastic limit ahead of a pullback, accentuated by profit booking.
Therefore, traders should approach LUNA price cautiously and with an open mind and realize that failure to break above the hurdle at $2.30 could quickly lead to a retracement. On the other hand, a successful break above this level could trigger a buying spree that could propel Terra to higher levels. Nevertheless, investors must understand that the crypto market is volatile and they should use reputable sources to keep up with the latest news and developments in the industry.
If you want to immerse yourself in the world of crypto currencies, there are numerous possibilities. Since the Bitcoin price broke all records at the end of 2017, more and more investors have decided to try their luck trading the popular coins. Experience shows, however, that even the prices of crypto currencies do not constantly skyrocket. The prices of almost all coins collapsed to varying degrees in 2018.
This may suggest that Bitcoin trading also requires some know-how. It is important to be able to assess how certain prices will develop and what risks exist in each case. So how easy would it be to let these decisions be taken? Providers of cryptorobots promise exactly that.
A cryptorobot is nothing more than automated software that follows programmed algorithms. Trading decisions are made automatically by this software and therefore do not require too much knowledge of the market on the part of the investor.
Furthermore, these robots should be able to trade day and night, which in turn limits the investor’s workload. Meanwhile there is an abundance at offerers of such Kryptorobots.
One of these platforms is Bitcoin Era. In order to see whether Bitcoin Era is serious or rather questionable, we have taken a closer look at this provider. Our Bitcoin Era test should show what to think of this cryptorobot.
Is Bitcoin Era serious? – the website
If you land on the Bitcoin Era website, attracted by advertising, the first sentence you probably read is: „Bitcoin is making people rich! It is supposed to suggest that the Bitcoin can also help the interested visitor of the homepage to wealth. A video, which was placed in the middle of the homepage, tells you exactly how this happens.
The Bitcoin Era App has a simple design and is light blue. Logos of different recognized security companies are supposed to convey that Bitcoin Era is a serious company.
If you scroll down the page a bit, you will see testimonials from alleged members. Some of them claim to have made five-digit profits. A little further down there is a box with the inscription „Live Trading“. Here beside names certain amounts are listed, which users allegedly in this moment just want to have gained.
It can be stated that the interested visitor of the Bitcoin Era App should be mediated that he can count himself with a membership at Bitcoin Era also soon to such a lucky winner. The only way to find out if such promises are kept is to create a Bitcoin Era account. We have done the Bitcoin Era test.