Though BTC and ETH were affected, a few metrics predicted a trend reversal.
Coinbase on 2 March announced that it had frozen accepting or initiating payments to or from Silvergate. This episode happened as Silvergate, one of the most influential banks in the digital asset industry, revealed that it would delay the filing of its annual report, igniting panic in the crypto space.In light of recent developments & out of an abundance of caution, Coinbase is no longer accepting or initiating payments to or from Silvergate.
As the news caught fire, the global crypto industry’s market capitalization registered a decline of 4% in the last 24 hours, and as per
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