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Cryptopig 🐷 (Gem hunter & trader) Profile picture
Cryptopig 🐷 (Gem hunter & trader)
@cryptopigmedia
Crypto since 2017. Posting gems and trades. Not financial advice $OPUL $REACH $APE $LUNR $CAKE $WASSIE $ONDO
Mar 17, 2023 • 9 tweets • 4 min read
BTC Price Skyrockets 🚀– What's Next for Bitcoin?

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1/ The Fed signaled that it tightened too hard and may need to pause or cut rates, which has to #bitcoin hitting $27K over night.

But where next for bitcoin? Lets dive in... 2/ 📊 Recent data from Cointelegraph and TradingView revealed BTC/USD hitting $27,025 before consolidating. At the time of writing, the pair is around $26,500 , but WHY the sudden surge....? #BitcoinPriceMovement
Mar 10, 2023 • 9 tweets • 2 min read
Potential Bankruptcy of $USDC Could Trigger a Crypto and #bitcoin Recession: Here is why....

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1/ $USDC's potential bankruptcy could cause a crypto recession, exposing ALL crypto companies tied to the stablecoin....Let's dive in. 👇 2/ As of January 17, $USDC was known to have held some of its backing capital at SVB, which is now illiquid due to the bank's shutdown.
Mar 10, 2023 • 6 tweets • 2 min read
Signature Bank, a Silicon Valley bank is currently facing potential bankruptcy:

How does this affect the #crypto industry...

#Pigthread

1/ First Republic Bank was among the other names whose trading was halted for volatility...
#Bitcoin price has reacted badly.... 2/ Signature Bank, which has crypto exposure, also suffered losses of almost 50% for the week. This is linked to Silicon Valley Bank's need to recapitalize after Silvergate's collapse, causing investors to worry about other banks with large bond portfolios.