Silicon Valley Bank’s UK arm rescued after private £1 sell-off to HSBC: Bitcoin & Ethereum surge as Big Eyes coin continues successful pre-sale | Atalayar

In a move seen as a major relief to the cryptocurrency industry, UK authorities have facilitated a quick bailout for the UK arm of troubled Silicon Valley Bank with a private sector takeover deal allowing HSBC to take over the UK subsidiary of the now-defunct US bank Bank to acquire £1 ($1.2).

In a statement, British Chancellor Jeremy Hunt said the government and the Bank of England had overseen the bank’s takeover and confirmed that all customer deposits in the transaction were protected. The statement also highlighted that no taxpayer money was involved in the bailout and the deal is expected to keep around 3,000 customers safe, holding £6.7bn ($8.1bn) in deposits.

The move propelled the cryptocurrency industry as investor confidence propelled the global market cap to $1.10 trillion from a 3-month low of $912 billion last week. The jump was helped by Bitcoin (BTC) and Ethereum (ETC), the world’s two largest cryptocurrencies, after their prices surged about 20% over the past 72 hours.

The current market volatility presents the perfect opportunity for new tokens like Big Eyes Coin (BIG) to stand out as a project that can weather all market trends as it holds the great potential for the next bull run and generates immense returns.

Bitcoin – New investor confidence triggers price rally

After falling to a 30-day low of $19,628.25 last week, Bitcoin (BTC) price is up an average of 13.03% over the past seven days to $24,880.14, which is a 24-hour period -Upward move of 2.02% suggests.

Buoyed by renewed investor confidence, bitcoin’s price even surged above $26,000 and traded at a fresh 90-day high of $26,514.72 before staging a downside correction below $25,500.

Experts believe that the next major resistance on the upside is near $26,500, which could trigger a rally to $28,000 and the next psychological level at $30,000.

Ethereum price spike records new 90-day high

After a turbulent week that saw the price of Ethereum (ETC) plummet to $1,378.53, its lowest since January, the second-biggest cryptocurrency has recouped losses by posting 9.97% growth since last week , as it traded above $1,700 for only the second time in the year.

After gaining 2.27% overnight, Ethereum traded at $1,709.28. Ethereum briefly traded at $1,779.92, making a fresh 90-day high before a 0.24% drop in hourly trading caused a minor reversal in ETH price.

Big Eyes Coin – 300% loot box return for $100

Big Eyes Coin (BIG) is a new Ethereum-powered meme token that, in less than eight months since its pre-sale launch, has become the most successful pre-sale in recent crypto history. Big Eyes Coin is a community owned ERC-20 token that has been KYC certified by CoinSniper and whose smart contract has been fully audited by Solidarity Finance.

The project’s Initial Coin Offer (ICO) is currently in Phase 12 and has so far raised $31.61 million in presale tokens and will be launched after it completes Phase 15 and its target of $50 million. Dollar presale token has reached.

After starting at a price of $0.0001, a BIG token has risen by 390% to $0.00049 in phase 12, which hypothetically means that buying $1000 worth of BIG tokens in phase 1 to 0 $.0001 would ensure a return of 10,000,000 BIG tokens at a similar value Buying it now would generate a return of 2,040,816 BIG tokens at launch. This means that the returns are lower as the presale progresses.

Now, Big Eyes Coin has introduced the “300” vault PIN in its latest and largest offering yet. The PIN works like this: If a purchase of BIG Presale Tokens or Big Eyes Coin Loot Boxes is made for $100 or more and the “300” PIN is used, a buyer will receive 300% additional Loot Boxes.

Big Eyes Coin Loot Boxes are a video game feature that can be found during gameplay, earned as a reward, or paid for with real money. It includes the Saver Tin, Cute Box, Kitty Vault, Super Saiyan Box, and Excali-Paw Master Chest, each containing a maximum prize of $500, $5000, $25,000, $100,000, and $1,000,000 in BIG tokens.

Learn more about Big Eyes Coin (BIG):

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

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