Prominent Silicon Valley venture capitalist: Cryptocurrencies are dead in the United States.

BlockBeats reported on April 25th that Chamath Palihapitiya, a well-known venture capitalist in Silicon Valley, linked the collapse of Silicon Valley Bank to the cryptocurrency industry in his latest podcast. The chairman of the US Securities and Exchange Commission (SEC) has firmly set his sights on the cryptocurrency industry, declaring that it is dead in the United States. Palihapitiya has long been bullish on Bitcoin, and two years ago he stated that Bitcoin had replaced gold and would eventually reach $200,000. (CNBC)