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Robert Kiyosaki, a famous American entrepreneur and author of financial textbooks, affirms that global economies are facing hard times and gold, silver and Bitcoin are the solution.

Just a week ago, everyone in the cryptocurrency market expected that the "crypto winter" was over and that we were moving towards the spring of 2023, with a positive outlook for an upward trend.

The cryptocurrencies listed below are now trading in the downtrend zone of the chart. Algorand and Chain, for example, have fallen dramatically to the bottom of the chart. There is a chance that Chiliz, Trust Wallet Token and Binary will recover. Let us take a look at some of the cryptocurrencies that had the worst performance overall.

Cross-chain bridge transactions are considered to be the weakest point of blockchain. This flow cost users about $2 billion in the first half of 2022.

The US states are actively embracing digital currencies. Minnesota is one of the latest states to jump on the cryptocurrency bandwagon.

One of the most fascinating aspects of Bitcoin (BTC) is the cryptocurrency’s volatile price history. The chart makes for interesting viewing and often leads us to question how and why certain things have happened. When we consider the roughly five or six peaks in its history, we can usually tie them to specific events or trends.

US Security and Exchange Commission (SEC) Chair, Gary Gensler, recently revealed that the commission is working on a dossier for cryptocurrencies. The main goal of the platform is to unite all US financial regulators in the regulation of cryptocurrencies. The first goal is to reach an agreement with the US Commodity Futures Trading Commission on cryptocurrencies.

Russian oil company Gazpromneft announced that it will use its massive oil resources to mine cryptocurrencies. This comes after US sanctions on Russian oil have led to a significant drop in profits for many oil companies. Gazpromneft, a subsidiary of Russian oil giant Gazprom, hopes to use cryptocurrency mining to boost its profits.

A cryptocurrency community has sued both the US Treasury Department and IRS over allegations of financial espionage against its members. The crypto community claims that Section 6050I's reporting requirements violate its rights. According to the group, Section 6050I violates both the First Amendment and the Fifth Amendment to US laws.