This was an unfortunately eventful weekend as SYLLICONE Bank had the largest crash since banks of 2008. Over -60% loss of market capitalization value. Many other banks followed suite.
The banks bought us Treasury bonds over a year before and only since the us rate hikes happened the value dropped.
Multiple bank account holders wanted to withdraw funds which resulted in realized losses on the bank selling to liquidate. The run on the bank began and many millions were lost with every liquidation.
Also USDC also depegged from 1:1 with the us dollar. It went below 90 cents. Since it is an erc20 token it has fees to exchange.
Ethereum was also ruled by district attorney to be a security.
Charity begins in mi casa!
Donations of all cryptos always accepted ask me for my address for any other crypto I will peovide:
Bitcoin
bc1qytflk8gz5umluhxhf5pfq7q5qcym3unja3d9hq
Ethereum
0x42c11F246d443af5C1A9aFD856382aEF32439886
Litecoin
ltc1qh80nalyrunyvrsvw6mpe2tzn4pt0s4lycprewy