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 of the largest crypto exchanges, laid off almost a fifth of its staff.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
It has been a chaotic week for digital assets. Two firms may be inching closer to insolvency while Coinbase, one of the largest crypto exchanges, laid off almost a fifth of its staff.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Alex Thorn: 50-Week Signal Says Bitcoin’s Bottom is In
▶Bitcoin Magazine Alex Thorn: 50-Week Signal Says Bitcoin’s Bottom is In Galaxy’s new research note opens with a blunt call: “We b...
Bitcoin Core Skips Usual Embargo to Disclose Three Bugs an AI Scan Found
Bitcoin Core published three security advisories on Oct. 28, the same day the last of its patched releases went out, skipping its...
Galaxy’s Alex Thorn Says Bitcoin Held Near $80,000 Because Hedge Funds Had Already Sold
Bitcoin has stayed close to $80,000 through a month of worry over the AI trade because the investors most likely to sell on that w...
Bitwise Hyperliquid ETF trades over $40 million in first three hours
The rapid trading volume highlights growing investor interest in blockchain-based ETFs, potentially influencing future financial p...
Chainlink adds weekend pricing for tokenized stocks, with Aave as launch partner
Chainlink's 24/7 pricing could enhance DeFi's reliability and appeal by ensuring continuous asset valuation, potentially boosting...
Blockchain Capital leads $40 million round for stablecoin fintech PhotonPay
PhotonPay's funding boost could accelerate the integration of stablecoins into mainstream finance, enhancing global payment effici...