The Three Arrows Capital crisis seems to have taken a new shift after latest developments. The Singapore-based hedge fund has been edging towards insolvency with massive liquidations. Co-founder Su Zhu’s tweet also indicated the ongoing struggles at the company. What do we do Yesterday, Danny Yuan, CEO of Blocks Capital, posted $1 million was takenContinue reading “The Three Arrows Capital crisis hits the fan with this new twist”

The global crypto market cap has dropped by $369 billion in the past week. Ethereum [ETH], as it stands, took the biggest hit during the past week among the top 10 cryptocurrencies. But the question is- What conspired against ETH as it plunged to new lows on 15 June? Welcome to the carnage For mostContinue reading “Could 3AC affect Ethereum enough to register newer lows this week”

With Celsius and Three Arrows Capital already in line for insolvency, the crypto market has taken a huge hit in recent days. At the heart of it is Bitcoin, with the king coin down to its lowest value since December 2020. With the S&P now officially in a bear market, the overall sentiment has takenContinue reading “Bitcoin back to Stone Age? On-chain answer will not startle you”

Online chatter has recently increased multi-fold around Three Arrows Capital post speculations related to insolvency. There are swirling rumors that the company will be the latest to crash in a domino effect- after LUNA. Well, not to forget, Celsius Network’s latest announcement too had an impact on the broader market condition. Three Arrows Capital soldContinue reading “Would 3AC be the latest domino to fall after UST and Celsius”

With the wider crypto-market bleeding, there are many who wish to know how long the drawdown will go on for. It is in this context that during a recent edition of his podcast, Anthony Pompliano discussed Bitcoin’s on-chain analytics and what they mean. “Wait and watch” Having fallen by over 6.56% in a short spanContinue reading “‘Risky’ Bitcoin may have a ‘wait and watch’ game going on for itself”

Recent developments in the market have reduced the pain tolerance of crypto investors that were already reeling from the May crash. What does the future of crypto assets look like now as global indexes begin to tremble further? A living nightmare, maybe? The crypto market has taken a huge hit since 11 June. Bitcoin [BTC]Continue reading “With U.S CPI data pushing markets off the ledge, here’s what investors need to know”

Do Kwon pleads his innocence on his twitter feed after latest reports condemn him for cashing out $2.7 billion. The Terraform Labs CEO is already facing an investigation from the SEC and South Korean police. He is now at the heart of a latest crypto community backlash. “No Kwon do” 1/ This should be obvious,Continue reading “Genuine mistake or fraud? That’s the question Terra’s Do Kwon needs to answer”

Accenture recently carried out a survey studying digital asset portfolios of Asian investors. Accenture research suggests that cryptocurrencies will see a huge growth in the future among elite Asian investors. More than 50% of wealthy investors already hold cryptocurrencies and another 21% are likely to add them by year end. The report titled “Digital Assets:Continue reading “Land ahoy! Unraveling how Asia can be the next big place for crypto adoption”

Renowned crypto analyst Willy Woo published research on the Ribbon project and its entry into the options market. The study discusses Ribbon’s strategy and business analysis which has seen it steer through the bear market. Ribbon Finance is a decentralized options product, which is now live in V3. It has the second largest TVL inContinue reading “With Ribbon project seemingly unaffected by the crash, here’s what lies in its future”

The global adoption of Bitcoin is set to further increase tremendously by 2030 as per Blockware, an infrastructure provider for blockchain technologies. The prediction does not come off as surprising after the recent growth of cryptocurrencies. Meanwhile, experts believe businesses are gearing up for the influx of cryptocurrencies with the proposal of the Lummis- GillibrandContinue reading “Report: Decoding how global Bitcoin adoption can cross 10% by 2030”

Fantom has been in the news lately. It has been able to successfully woo the top Ethereum whales but its price action hasn’t been remarkable. The latest upgrades have also been well-received by the CEO. The token has broken into the top 10 list in terms of trading volume among the biggest 500 Ethereum whales.Continue reading “Decoding Fantom’s [FTM] latest whale trick for investors”

The Cardano community is inching closer to seeing the release of the Vasil fork. The upgrade is scheduled for later this month and promises to introduce massive changes to the network. Cardano’s latest weekly report and Hoskinson’s interview give an insight into the ongoing network developments. Meanwhile, ADA has been losing gains after its recentContinue reading “Cardano’s gig, IOHK weekly report, Hoskinson’s comments- all hint at…”