Big Eyes Coin
SilverGate To Wind Down! Bitcoin And Ethereum’s Price Slump Over 10% While Big Eyes Coin Presale Makes Positive Waves
Published
2 weeks agoon

The crypto market experienced a significant decline due to Silvergate bank’s liquidation announcement and US president Biden’s budget proposal. Bitcoin and Ethereum suffered more than a 10% dip in their price while stablecoins witnessed an increase in demand from investors.
Silvergate Bank Announced Liquidation
Three decades before the Silvergate bank was founded in California as a small local lender. In the last decade, the bank started to support customers in the blockchain and cryptocurrency industry which boosted its value to the next level. By 2017, the bank witnessed massive growth reaching $1.9 billion dollars in assets and 250 clients. When the crypto market experienced a bullish trend in 2021, Silvergate bank saw a whopping rise of 1,580% in its share price. But by late 2022, its deposit decreased 50% from just three months earlier due to the FTX collapse.
FTX is a bankrupt cryptocurrency exchange company founded in 2019. In late 2022, the crypto news site CoinDesk published an article that stated Alameda Research, one of FTX’s partners, held a significant portion of its assets in FTX native token FTT. Soon after this article came out, Binance, the largest crypto exchange company, announced that it would sell its holding of the FTT tokens valued at about $529 million dollars. The fall of the once mighty emperor began from there. Within the next 10 days, FTX collapsed. On November 10, Bankman Fries, then CEO of FTX company publicly admitted that FTX had insufficient funds to meet customers’ demands.
The chaos created by the FTX impacted Silvergate bank which had less than 10% of FTX’s digital assets. The customers started to withdraw their deposits to avoid losses which shook the functionalities of the Silvergate bank. In January 2023, the bank announced that it suffered a net loss of 1 billion dollars in the fourth quarter. In the first week of March, the bank admitted in a filing to the US security and Exchange Commission, it had sold additional debt securities to pay financial obligations. On the 9th of February, the bank issued a statement regarding its plan for voluntary liquidation.
“In light of recent industry and regulatory developments, Silvergate believes that an orderly wind-down of Bank operations and a voluntary liquidation of the Bank is the best path forward,” the company said in the statement.
Downtrend In The Crypto Market
This shocking announcement from the Silvergate bank heavily influenced the crypto market to dip below 1 trillion dollars. Bitcoin, the top cryptocurrency, is not an exception. Its price plummeted to $19,000 from $22,100 and over a 10% dip in 24 hours.
The second most popular cryptocurrency also tasted the same fate as bitcoin. Its price slumped below $1,500 and recorded a more than 10% dip in the last 24 hours. The entire crypto market suffered a significant decline except for stablecoins. As predicted earlier, crypto investors moved towards stablecoins to survive the market volatility.
Meanwhile, a budget explainer paper from the US revealed that under Biden’s budget proposal, the country’s crypto miners could be subject to a 30% tax on electricity costs to reduce the mining activity. This report also had an impact on the crypto market which is already experiencing a downtrend.
Big Eyes Coin Shows A Catheletic Performance
Amidst all the chaos in the market, the Big Eyes Coin is still enjoying a positive trend in its presale stage. The new cat-themed meme coin has recently entered the 12th stage of the presale. So far the coin has raised more than 31 million dollars.
To boost the presale Big Eyes Coin introduced 4 different loot boxes which could return BIG tokens worth up to a million dollars. Investors just have to spin to get a BIG win. It also announced a vault pin that will give free loot boxes to investors who spend more than $100 on BIG tokens. The investors need to copy and paste the Vault pin 819 during purchase to earn free loot boxes.
Big Eyes Coin’s carbon zero functionalities and charity-focused ethos are making its presale a hiss-toric success. The coin uses proof of stake consensus protocol to reduce its carbon footprint and also allotted 5% of its total supply to save the oceans. Big Eyes Coin is celebrating international women’s day by helping Malala Fund to raise money, an organization that advocates and supports girls’ education across the globe.
At the time of writing a single unit of BIG token costs $0.00049. The price will be increased in the next stage of the presale and will continue to rise until its launch. Investors who wish to earn a profit during this downtrend in the market and also do not want to be affected by the volatility can consider Big Eyes Coin as a viable investment option.
More Details on Big Eyes Coin:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
The post SilverGate To Wind Down! Bitcoin and Ethereum’s Price Slump Over 10% While Big Eyes Coin Presale Makes Positive Waves appeared first on Analytics Insight.
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Big Eyes Coin
Crypto Analysis: Why Investors Are Choosing Bitcoin, Big Eyes Coin, And Zcash, Big Eyes Coin Launches “Loot Boxes”
Published
5 days agoon
March 19, 2023
The world of cryptocurrencies is a thrilling and dynamic space with endless potential for profits. In 2023 and beyond, Big Eyes Coin (BIG), Bitcoin (BTC), and Zcash (ZEC) are three crypto projects that stand out as smart investment choices. Big Eyes Coin’s approach to incorporating gaming features with its Loot boxes promo has made it an appealing choice for individuals who want to diversify their investments. As the market continues to evolve, staying informed and keeping a watchful eye on these cryptocurrencies could pay off in a big way. So if you’re ready to join the crypto craze and potentially earn some serious cash, these three assets are definitely worth considering.
Bitcoin (BTC): The Original Cryptocurrency that Changed the Game
Bitcoin (BTC) is the original cryptocurrency that changed the game. Created in 2009 by an anonymous person or group using the pseudonym Satoshi Nakamoto, Bitcoin has since become the most valuable and widely used cryptocurrency, with a market capitalization of over $1 trillion.
Bitcoin (BTC) is used as a store of value and a means of exchange, with many retailers and businesses accepting it as a form of payment. It’s also used for speculative purposes, with many investors buying and selling Bitcoin in the hopes of making a profit. The value of Bitcoin (BTC) has seen some significant fluctuations in recent years, reaching an all-time high of nearly $65,000 per BTC in 2021, before dropping to around $30,000 per BTC in early 2023.
Despite the mystery surrounding Satoshi Nakamoto’s identity, the vision for Bitcoin (BTC) is outlined in the original whitepaper. Nakamoto described Bitcoin as a “peer-to-peer electronic cash system” that would operate independently of traditional financial institutions.
Bitcoin (BTC) has attracted the attention of notable investors, including Tesla CEO Elon Musk and Twitter CEO Jack Dorsey, who have both expressed their support for the cryptocurrency. Bitcoin’s popularity shows no signs of slowing down, and its impact on the financial world cannot be ignored.
Zcash (ZEC): The Ultimate Privacy Coin
Zcash (ZEC) is a unique digital currency that offers the ultimate privacy experience. The project was launched in 2016 and has gained significant attention in the cryptocurrency market due to its innovative features.
Unlike other cryptocurrencies, Zcash is designed with privacy in mind. It makes use of zero-knowledge proofs to ensure that all transactions are completely private and secure. This means that users can send and receive money without having to worry about their transactions being tracked or monitored.
In addition to its privacy technology, Zcash (ZEC) is also designed to be a fast payment network. The Sapling protocol allows transactions to be processed in just a few seconds, making it an excellent alternative to traditional payment systems.
Zcash (ZEC) has had a significant impact on the crypto market since its launch in 2016. The project has been featured in several high-profile publications and has gained the attention of investors worldwide. The team behind the project has been working hard to build partnerships and expand the network.
Big Eyes Coin (BIG): The Ultimate Crypto Cathouse for Cat Lovers and Gamers
Are you tired of the same old meme coins flooding the crypto market? Look no further than Big Eyes Coin, the new project revolutionizing NFTs and cat memes. BIG is not just any ordinary cryptocurrency, it is a community-driven platform for cat lovers and crypto enthusiasts.
With an overwhelming amount of support, Big Eyes Coin raised a staggering $28 million during its presale, and it’s just getting started. The project offers more than just cute cats and memes; it incorporates loot boxes into its presale, offering three different tiers to choose from. The Cute Box, Kitty Vault, and Super Saiyan Box offer buyers the opportunity to win a prize worth much more than what they spent.
Imagine having a chance to win a jackpot of $100k by simply opening a loot box. The thrill of winning a huge prize is what drives people to participate in lotteries every week. Similarly, the addictive fun of opening these loot boxes will have a massive impact on the community.
But it’s not just the loot boxes that make Big Eyes Coin stand out. The platform is creating a crypto cathouse, a community for cat lovers and owners interested in cryptocurrencies. This project offers a unique blend of entertainment and profitability, and it’s still in presale.
Investors who enjoy gaming, the lottery, or both, will not want to miss out on this opportunity. The potential of Big Eyes Coin becoming the next big thing in the crypto world is incredibly high. Join the Big Eyes community today and become a part of the revolution.
For More Information On Big Eyes (BIG):
Join Pre-sale: https://buy.bigeyes.space/
Website: https://bigeyes.space/#signup
Telegram: https://t.me/BIGEYESOFFICIAL
The post Crypto Analysis: Why Investors Are Choosing Bitcoin, Big Eyes Coin, and Zcash, Big Eyes Coin Launches “Loot Boxes” appeared first on Analytics Insight.
Big Eyes Coin
Big Eyes Coin And Quant Likely To Impress, As Bitcoin Set For Recovery
Published
6 days agoon
March 18, 2023
Bitcoin (BTC) suffered one of its worst declines during the last bear rally, with many holders counting losses. Existing altcoins like Quant (QNT) weren’t spared either, but crypto investors are now focused on making up for the bad times. The two crypto assets could reward holders’ patience and trust with a steady upward rally that could amount to tangible profit yield.
Big Eyes Coin (BIG) is another altcoin billed for an impressive run, as the new meme coin prepares to launch on UniSwap (UNI) and other major exchanges. With the market showing signs of improved profitability, the coming months may be great for holders of these crypto assets.
Quant (QNT): An Highly Efficient Enterprise Grade Blockchain
Quant is a top enterprise-grade network business leverage to improve efficiency by allowing them to harness the benefits of blockchain technology to the fullest. The blockchain network proffers practical solutions to common problems facing enterprises in different sectors, especially the finance and asset management niche.
The highly interoperable protocol leverages DLT (Distributed Ledger Technology) to achieve its functionalities. It helps businesses reduce risk exposure levels and operations costs while ensuring increased interoperability. Quant’s functions, especially in the business sector, have made it popular amongst many enterprises, especially Fintechs.
The blockchain network is constantly upgraded to remain relevant and highly functional for users. This increases its tendency of meeting up with any new demands users could possibly have. The protocol’s base currency, Quant (QNT), is used for payment on the platform. This includes any necessary network fees either for licenses or other transactions.
The altcoin currently sells below a dollar but looks likely to move beyond that price point as the year proceeds. Quant (QNT) could recover from its about 50% price dump, to set an impressive year high soon.
Bitcoin (BTC) Recovery is Imminent
Despite the changing market dynamics, constant upgrades of other crypto projects, and new innovations, Bitcoin remains the apex crypto project. It’s no doubt that the cryptocurrency has stood the test of time, and it’s unlikely for any altcoin to topple it anytime soon. Bitcoin’s (BTC) quick recovery is a strong feature that sets it apart from most altcoins, and the digital currency looks set for another recovery after the crypto winter setback.
Currently, holders can expect gradual loss recovery, while potential new adopters are likely to enjoy great yield. Bitcoin’s pump or dump is usually associated with the general market condition. Thus, investors can expect impressive returns from almost all altcoins if Bitcoin (BTC) eventually embarks on its anticipated impressive rally.
Big Eyes Coin (BIG) Set for Possible Post-launch Surge
Big Eyes Coin (BIG) has been an impressive cat-theme meme token, and many expect it to replicate its impressive run upon launching into the market. The Ethereum-based meme coin boasts a self-sustaining ecosystem and strong community that can contribute to its success possibility.
The Big Eyes ecosystem contains a decentralized exchange (DEX) for token swaps, educational resources about DeFi to aid learning, and income-generating opportunities to propagate wealth in the community. Big Eyes will have NFTs collections and that comes with exclusive benefits for holders. Each NFT in the collection is billed to be an asset of worth and could yield value for holders in the future.
The meme project will allocate 5% of its treasury to charities involved in ocean protection. This will help protect a part of the Earth’s ecosystem. Token holders will be at the forefront of deciding which charity gets donations periodically, giving Big Eyes token (BIG) governance functions too.
With over $30 million raised on presale, it’s evident that Big Eyes Coin (BIG) has gained huge acceptance. Its adoption and prominence could translate to market success in the coming months, as analysts are optimistic about its market potential.
Big Eyes Coin (BIG):
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
The post Big Eyes Coin and Quant Likely to Impress, As Bitcoin Set for Recovery appeared first on Analytics Insight.
Big Eyes Coin
Big Eyes Coin Shows Great Potential On The Ever Growing Ethereum Blockchain
Published
7 days agoon
March 17, 2023
The cryptocurrency market has had several down in the past few months, but there’s always a glimmer of hope that crypto enthusiasts hold for the future of the landscape. Blockchain projects continue to emerge, build, and upgrade to bring the industry to a standard that can absorb mass adoption. The Ethereum network is the most valuable network with an apparent growth and continuous development path. This enables projects built on the ecosystem to also grow decently. Big Eyes Coin (BIG) is a new meme coin project on the Ethereum blockchain, and it will be reaping from the network in the coming years.
Big Eyes(BIG) is a new meme coin project that has amassed significant hype enough to make it as big as the likes of Dogecoin(DOGE) and Shiba Inu(SHIB). The project already significantly benefits from proposing a launch on the Ethereum network as the blockchain is known to host the most valuable projects and drives the highest number of active users. Big Eyes is impressive as it has raised about $30.1 million on its presale and is looking good toward launch.
Ethereum: Taking Blockchain Technology To The Next Level
Ethereum(ETH) is a prominent blockchain network for its influence on the blockchain landscape. The network has been around for almost a decade and has hugely contributed to the emergence of cutting-edge technologies and utilities in space. We have seen network power gaming, DeFi, NFTs, and several others while processing transactions worth billions of dollars.
Ethereum continues to upgrade its system and hopes to be fully scalable in a few years. The network had an upgrade called the Merge which helped the network transition from the Proof-of-Work consensus mechanism to the Proof-of-Stake consensus mechanism. Its first upgrade of the year, the Shanghai update, is launching soon but has a testnet promotion launched so that users can first taste the withdrawal process and network functionality.
The upgrade is slated for March, and users won’t be able to test withdrawals until the Shanghai and Capella testnets have launched. The Ethereum Shanghai upgrade is one of the year’s most anticipated events on the crypto calendar. It will allow for the gradual release of ETH staked on the Beacon Chain for up to 26 months. Many industry watchers believe that the fact that Ethereum is no longer locked up will benefit staking. Liquid staking platforms, such as Lido, are expected to profit since they provide more return yields than direct staking.
Big Eyes Gives Many Chances To Win BIG
Big Eyes is a new meme coin project on the Ethereum blockchain looking to create a new meme coin meta. The project has had a great trajectory so far and looks to be on track to being a huge meme coin project. Big Eyes is a community-governed project that aims to create wealth for its holders using the various DeFi features at its disposal. This seems viable, considering Ethereum is the biggest DeFi network, enabling the Shiba Inu(SHIB) price pump in 2021.
Big Eyes also uses cat memes rather than dog memes like most meme coins that have emerged in past years. The cat meme helps to create a unique narrative for the meme coin and some sort of rivalry with dog memes. The rivalry is good for the project’s growth, and the community also buys into the hype.
Big Eyes has done incredibly well on presale and poses an opportunity for early investors to make some money off it. Buying on presale puts you in an advantageous position to make a profit when the project finally launches. This is like buying Dogecoin or any other cryptocurrency months or years before the rest of the market caught on.
Big Eyes has now made Loot Boxes available. These Loot Boxes give people a chance to win BIG with Big Eyes. There are three Boxes available: the $99 Cute Box, buyers can win up to $5K in Big Eyes Coins. The Kitty Vault is the next level up, costing $499 and there is an opportunity to win $25K worth of BIG. Lastly, for those big spenders, the Super Saiyan Box costs $999 but buyers could see a return of $100K worth of Big Eyes Coins.
Check out Big Eyes on the links below:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
The post Big Eyes Coin Shows Great Potential On The Ever Growing Ethereum Blockchain appeared first on Analytics Insight.
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