Just when we thought the consequences of the crypto crash is at its tail end, Silvergate, a crypto bank had requested to delay its annual report, citing that its “ability to continue as a going concern for the twelve months following the issuance of these financial statements.” 😱 What is Silvergate? Silvergate is a US … Read more
NFTs are non-fungible tokens first launched on the Ethereum blockchain. They allow individuals to own tokens with unique identifiers. For years, the cryptoverse have thought that Bitcoin was too primitive a blockchain to allow for such a use case. In Jan 2023, Bitcoin NFTs, also known as Bitcoin Ordinals or Ordinal NFTs were launched, proving … Read more
Bitcoin (BTC)’s price has been hovering between $16.5k to $17k since Dec 15. But over the weekend, BTC jumped up 22.5%, finally breaking the $20k mark! In the same period, Ethereum (ETH)’s price hovered between $1160 and $1220. Over the past 5 days, it spiked up 17.5%, breaking the $1.5k mark! Are these dead cat … Read more
It was Christmas eve when I saw this on my IG feed: Turns out, the buyer was none other than Ethan Lin, NFT investor and Co-Founder of CryptoKnight. Why on earth did he spend $42K on an NFT during a bear market?! Working at Dr Wealth meant that I could ask the man himself, so … Read more
There’s no denying that the markets are down. You might have heard the common advice to research and buy “blue chip crypto” during bear markets. But what is a “blue chip crypto” and which should you look at? Here’s a short introduction. What are “Blue Chip” Cryptocurrencies? In poker, blue chips have the highest value … Read more