Crypto Is Trying Out Traditional Finance’s Failures in Hyperspeed, but It’s Going to Be Fine
What is going to be most interesting here is seeing what happens to bitcoin and other cryptos during these Hard Times. The last time I wrote…
Tag: Cryptocurrencies
First Mover Asia: Bitcoin Rebounds Past $20K; China’s Blockchain Revolution Is Missing On-Chain Data
Ether and most other major altcoins regain ground they’d lost in last week’s downturn; China companies seem unconvinced by blockchain technology. Prices: Bitcoin gains ground, hovering…
Coinbase Shares Slump With Crypto Prices as Binance.US Starts Zero-Fee BTC Trading
Cryptocurrency prices resumed their slump, hurting Coinbase and related equities Shares of Coinbase Global (COIN) fell more than 7% Wednesday, lagging crypto-exposed peers as the…
MARKETS
ProShares is launching a short bitcoin ETF this week Eight months after establishing the first U.S. bitcoin futures ETF, ProShares plans to launch the first short…
MicroStrategy denies it received a margin call against bitcoin-backed loan
Aggressive bitcoin investor and American software firm MicroStrategy says it hasn’t received a margin call against a $205 million bitcoin-backed loan it took in March. A margin…
Crypto Lender Celsius Hires Restructuring Lawyers After Account Freeze
Celsius Network, among the largest crypto lenders, has paused user accounts, citing extreme market conditions Crypto lender Celsius Network LLC has hired restructuring attorneys from…
After facing hundreds of millions of dollars in liquidations, Three Arrows Capital’s future is uncertain
The future of crypto hedge fund Three Arrows Capital hangs in the balance as the firm faces potential insolvency after being liquidated by its lenders.…
3 finance giants Citadel, Fidelity, Charles Schwab to launch crypto trading platform
As the cryptocurrency market continues to expand and become adopted around the world as a valid alternative to traditional assets, major financial corporations are beginning to show…
Neal Stephenson Coined ‘Metaverse’ in 1992. Now He’s Building One
The author is working with a number of crypto veterans on a new metaverse-focused base layer, Lamina1. In 1992, science-fiction author Neal Stephenson coined the…
Bitcoin Bounces Above $27K-$30K Support Zone; Resistance at $33K-$35K
BTC’s current price range remains intact after several weeks of negative returns Bitcoin (BTC) experienced another relief bounce over the past 24 hours, similar to…