WHEN CHEETAS FLEE: SILVERGATE BANK CAUSES CRYPTO CHAOS

The crypto market is in a frenzy - Bitcoin and Ether have both taken a nosedive, and customers are fleeing crypto bank Silvergate faster than a cheetah on the hunt.

Silvergate's stock plummeted 58% during U.S. trading on Thursday, making institutions as jumpy as a cat in a room full of cucumbers. And if that wasn't enough, the release of some of Mt. Gox's bitcoin is adding fuel to the fire. It's like watching a game of Jenga where one wrong move could cause the whole tower to come crashing down.

The chaos is also taking a toll on major crypto exchange Coinbase, which is experiencing connectivity issues faster than a tourist trying to connect to the hotel WiFi. However the other major crypto exchanges like Binance, Bybit, Kraken and others are holding up.

Bitcoin's price fell to an intraday low of $22,020 as Asia trading hours began, more like watching a skydiver's parachute fail to open - heart-stopping and anxiety-inducing. Ether saw a similar pattern, falling to $1,550 like a toddler learning to walk, taking one step forward and two steps back.

A lot of drama indeed but at the same time, the crypto market is always like a phoenix - rising from the ashes and reinventing itself time and time again. It's like watching a caterpillar transform into a butterfly, or a blank canvas turning into a masterpiece.

So I am going to sit back, enjoy the show, and see what the future holds for the crypto world. What do you say??