Announcement

Markets

Markets

Three Arrows Capital Is Facing Insolvency
Three Arrows Capital Is Facing Insolvency
News  •  Business  •  Jun 27, 2022 by Hodl D

Three Arrows Capital (3AC) is a cryptocurrency hedge fund that was run by Zhu Su and Kyle Davies from their Singapore and Dubai offices.  The company bought Bitcoin on leverage using funds from DAOs and CeFi firms that include Voyager and BlockFi. At its peak the fund was worth around

Derivatives Exchange Has Temporarily Frozen Withdrawals
Derivatives Exchange Has Temporarily Frozen Withdrawals
News  •  Business  •  Jun 24, 2022 by Deniz Saat

During the market’s recent volatility, a number of companies have experienced liquidity issues because of the sudden downturn in prices across Bitcoin and all other cryptocurrencies.  The latest company to halt withdrawals is CoinFLEX, a derivatives exchange that also offers financial services and crypto yield was founded in 2019

Grayscale Prepares for Spot Bitcoin ETF Ahead of SEC Approval
Grayscale Prepares for Spot Bitcoin ETF Ahead of SEC Approval

Grayscale Investments said Monday (June 27th, 2022) that it is gearing up to work with heavyweight market makers Jane Street and Virtu Financial if the SEC approves their Grayscale Bitcoin Trust (GBTC) to be converted into a spot ETF. GBTC is currently trading at nearly a 30% discount to net

News  •  Bitcoin  •  Jun 28, 2022
Other Tags
Latest Articles 381 Articles
Grayscale Prepares for Spot Bitcoin ETF Ahead of SEC Approval
Grayscale Prepares for Spot Bitcoin ETF Ahead of SEC Approval

Grayscale Investments said Monday (June 27th, 2022) that it is gearing up to work with heavyweight market makers Jane Street and Virtu Financial if the SEC approves their Grayscale Bitcoin Trust (GBTC) to be converted into a spot ETF. GBTC is currently trading at nearly a 30% discount to net

News  •  Bitcoin  •  Jun 28, 2022
Three Arrows Capital Is Facing Insolvency
Three Arrows Capital Is Facing Insolvency

Three Arrows Capital (3AC) is a cryptocurrency hedge fund that was run by Zhu Su and Kyle Davies from their Singapore and Dubai offices.  The company bought Bitcoin on leverage using funds from DAOs and CeFi firms that include Voyager and BlockFi. At its peak the fund was worth around

News  •  Business  •  Jun 27, 2022
Derivatives Exchange Has Temporarily Frozen Withdrawals
Derivatives Exchange Has Temporarily Frozen Withdrawals

During the market’s recent volatility, a number of companies have experienced liquidity issues because of the sudden downturn in prices across Bitcoin and all other cryptocurrencies.  The latest company to halt withdrawals is CoinFLEX, a derivatives exchange that also offers financial services and crypto yield was founded in 2019

News  •  Business  •  Jun 24, 2022
Tether Offers Tokens Pegged to the British Pound Sterling
Tether Offers Tokens Pegged to the British Pound Sterling

Tether Operations Limited, the company that powers the largest stablecoin by market capitalization, has announced that it will be launching Tether tokens (“GBPT”) pegged to the British Pound Sterling in early July of 2022.  GBPT will be the fourth fiat-currency pegged stablecoin that Tether is offering. Currently, Tether has the

News  •  Technology  •  Jun 23, 2022
ProShares Receives Approval for First Ever Short Bitcoin ETF
ProShares Receives Approval for First Ever Short Bitcoin ETF

ProShares, known to most retail investors for their TradFi ETFs, is now introducing a Bitcoin Short ETF. This comes at a time when Bitcoin has fallen 55% YTD and 30% in the last month, at the time of this writing. The ETF is available through traditional brokerages. This is another

News  •  Bitcoin  •  Jun 21, 2022
Binance Temporarily Pauses Bitcoin Withdrawals as Prices Slip
Binance Temporarily Pauses Bitcoin Withdrawals as Prices Slip

In a tweet from Binance on June 13th, 2022, the company stated that they will be temporarily pausing Bitcoin withdrawals on the BTC network due to “stuck” on-chain transactions. The company explained that only the BTC network withdrawals were having issues and that Bitcoin may be withdrawn to the Ethereum

News  •  Bitcoin  •  Jun 13, 2022
Australia Launches Third Bitcoin ETF
Australia Launches Third Bitcoin ETF

3iQ Corporation announced the launch of Coinshares Bitcoin Feeder ETF on the CBOE exchange in Australia through a press release. The ETF will provide retail and institutional investors with exposure to the spot price of Bitcoin through an underlying fund. At 1.20%, Coinshare's Bitcoin Feeder ETF has

News  •  Bitcoin  •  Jun 08, 2022
Industry Leaders Clarify Current Developments in the Crypto and Stablecoin Market
Industry Leaders Clarify Current Developments in the Crypto and Stablecoin Market

Samson Mow, Paolo Ardoino, Adam Back, Gabor Gurbacs, and Arnab Naskar shed some insight into the fundamental differences between collateralized stablecoins (fully backed by USD or other reserves) and algorithmic stablecoins (which rely on smart contracts to maintain price stability).  Adam Back explained the difference: “the biggest and most widely

News  •  Bitcoin  •  May 16, 2022
Your link has expired. Please request a new one.
Your link has expired. Please request a new one.
Your link has expired. Please request a new one.
Great! You've successfully signed up.
Great! You've successfully signed up.
Welcome back! You've successfully signed in.
Success! You now have access to additional content.