Finance Redefined: Three Arrow Capital and Celsius fall brings a tsunami of sell-off in DeFi
DeFi market saw a sharp decline in its TVL, falling over $25 billion from the last week due to sell-off...
Day: 17 June 2022
Three Arrows Capital weighs bailout as Kyle Davies breaks silence: Report
All options are on the table for 3AC after this week’s crypto market collapse triggered mass liquidations for the hedge...
FTX plans to acquire crypto exchange Bitvo as part of move into Canadian market
The company added that the deal was “subject to regulatory approval and customary closing conditions,” but expected to close in...
NFT.NYC expecting ‘diverse and eclectic audience’ to drive utility narrative of NFTs
The co-founder and vice president of growth at NFT.NYC shared insights into its community-first values and ethos. NFT.NYC, one of...
Bitcoin Price Prediction for Today June 17: BTC Price Faces Stiff Resistance at $23K
Bitcoin Risks Further Decline as It Faces Stiff Resistance at $23K – June 17, 2022 Bitcoin (BTC) is now trading...
Coinbase is facing class action suits over unstable stablecoins GYEN, TerraUSD
The cryptocurrency exchange is accused of failing to do due diligence, among other things, after users lost large sums as...
Stablecoins highlight ‘structural fragilities’ of crypto — Federal Reserve
“Stablecoins that are not backed by safe and sufficiently liquid assets and are not subject to appropriate regulatory standards create...
5 indicators traders can use to know when a crypto bear market is ending
Calling a market bottom is impossible, but traders can use these five indicators to get an early signal of when...
Crypto Biz: Crypto carnage pushes Celsius, Three Arrows Capital closer to insolvency, June 9-16
It has been a chaotic week for digital assets. Two firms may be inching closer to insolvency while Coinbase, one...
Report: Bitmex, Deribit Liquidate 3AC’s Positions — Negativity Continues to Plague the Crypto Hedge Fund
Two days ago, Bitcoin.com News reported on the crypto hedge fund Three Arrows Capital (3AC) after reports claimed that the...
ECB Considers Capping Digital Euro in Circulation at 4,000 per Capita, Panetta Reveals
With concerns about financial stability in mind, the European Central Bank (ECB) plans to limit digital euro holdings, according to...
Digital Wealth Pioneer Yield App Unveils Mobile App for iOS and Android
PRESS RELEASE. ESTONIA — 17 JUNE 2022 — Yield App, a global FinTech company and digital wealth platform which has...
The Number of Tethers in Circulation Dropped by Over 12 Billion in 2 Months, USDC Grew by 9%
During the last two months, the stablecoin tether has been one of the most traded crypto assets swapped against a...
Market selling might ease, but traders are on the sidelines until BTC confirms $20K as support
BTC and altcoins could continue to see selling, but a positive is that traders took shelter in stablecoins instead of...
Senators join chorus of disapproval of ‘backdoor regulation’ in SEC staff accounting bulletin
Five Republican senators, including “Crypto Senator” Cynthia Lummis, have sent a letter to the SEC regarding its March bulletin that...
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