Voyager Digital – a cryptocurrency broker and lender – has declared bankruptcy. The crypto space continues to crash and it’s taking all kinds of companies down with it. Voyager Digital Is Crashing with the Crypto Space Voyager Digital is now the latest victim of the crypto space’s ongoing demise. A few weeks ago, the company suspended all withdrawals – clearly following in Celsius’ footsteps – and commented that the volatility the space was experiencing was unlike...
Read More »Crypto Fund Three Arrows Capital Forced to Liquidate
In late June, bitcoin briefly sank below the $19,000 mark again for the first time in several weeks following news that Three Arrows Capital – a cryptocurrency hedge fund – was being forced to liquidate. Three Arrows Capital Is Falling Apart The organization had been under suspicious eyes for some time. Not long ago, representatives of Three Arrows Capital swore that no liquidation was coming, claiming the following: We are in the process of communicating with relevant...
Read More »Who’s the next crypto giant that’s about to fall?
Bitcoin Hardware Wallet The US investment fund Three Arrows Capital may become the next crypto giant to fall, after Terra and perhaps even Celsius. The big difference is that this investment fund was widely trusted and respected, not for its brilliant ideas or blockchain applications, but purely because of their liquidity. And that is exactly where it seems to be going wrong now. Is Three Arrows Capital liquid enough? Three Arrows Capital (3AC) has...
Read More »Bitcoin Options Receive Massive $198 Million Worth of Traders’ Attention
Bitcoin options market is rising, per the crypto analytics firm Skew, with a massive money inflow from institutional investors. Yesterday, the volume of crypto derivatives trading was only increasing, reaching the level of almost $200 million.Bitcoin options are receiving a major call from the investors. They started selling and buying derivatives as the market went down. Let’s see what has happened here in detail.The CME Group, Deribit, Bakkt, LedgerX, and OKEx are experiencing the money...
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