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Search Results for: liquidation

BXH CeFi Exchange to Officially Start Trial Operation on July 7

The Hybrid Exchange platform BXH Foolish Child officially announced that the global station of the BXH exchange (CeFi) would enter the trial operation stage on July 7, 2022. The whitelisted Free Mint NFT will be opened soon, and whitelisted users will enjoy the VIP privileges of the exchange. The operation

July 5, 2022 5 mins read

Celsius Pays Back Maker’s Debt Via DAI Stablecoin

Celsius network has repaid almost $143 M debt through the Maker wallet. The liquidation price is reduced to $4,966.86 post the last transaction. The so-called Celsius wallet 25977 has repaid 142.8M DAI as of July 1, as per Defi Explorer data. The wallet currently holds 23,962 WBTC as collateral, and

July 5, 2022 2 mins read

Three Arrows Capital Files Bankruptcy in New-York

Chapter 15 bankruptcy prevents creditors from seizing a company’s assets. The 3AC liquidation reportedly reached at least $400 million. The crypto hedge fund Three Arrows Capital (3AC) has filed for Chapter 15 bankruptcy in New York, a move that secures its US assets while a British Virgin Islands liquidation is

July 2, 2022 2 mins read

Three Arrows Capital Furnished Singapore Regulators With False Information

$250 million assets under management (AUM) restriction was breached twice. A slew of companies have come out to reveal their 3AC exposure. According to a notification issued by the Monetary Authority of Singapore (MAS) today, Three Arrows Capital (3AC) furnished the regulator with “false information.” The MAS has stated that

June 30, 2022 1 min read

FTX Exchange CEO Reveals More Crypto Firms on Brink of Collapse

BlockFi received a $250 million line of credit from FTX. Massive leverage is the root of many problems afflicting the crypto community. The current bear market and the aftermath of Terra LUNA and UST last month have significantly impacted the crypto industry. The demise of Terra set off a chain

June 30, 2022 2 mins read

Addresses With Atleast 1 BTC Reaches ATH Following Low Prices

BTC is presently trading at $20,112, according to statistics from CMC. Market HODLing is at an all-time high, Glassnode claims. Addresses holding at least one bitcoin have reached an all-time high, according to Glassnode statistics. The rise in the number of single-bitcoin holders may be attributed to the increased faith

June 29, 2022 2 mins read

Bitcoin (BTC) Price Decline Hits Miners Hard, Forcing To Liquidate Holdings

Almost $4 billion in mining-rig-backed loans are in jeopardy.  Bitcoin miners who need to sell would continue to exert downward pressure. Miners have been hit hard by the 21% decline in the price of bitcoin (BTC) since it peaked two weeks ago. According to a Bloomberg report, some mining-machine-backed debts

June 27, 2022 1 min read

The Bear Markets Are Good, Actually

The bear market is called the bear market because bears hibernate during winter, which is generally regarded as a period of slow growth. However, according to some, the reason why it’s called a bear market is because of the old saying “you don’t sell a bear’s skin before you’ve caught

June 25, 2022 5 mins read

Crypto Investor’s Curiosity Reflects on Google Search

Google search trends on the keyword “bitcoin” has achieved ATH in past 1 year. The restless investors and traders are the reason for the increase. The Bitcoin (BTC) search on Google has hit an All-Time High (ATH) in the last 12 months. This symbolizes the fear and anxiety among the

June 21, 2022 2 mins read

Grid Trading Bot on Bybit Exchange

The system follows  the trading concept of buying at a low price and selling at a higher price. Bybit gives advanced AI parameters for each trading pair offered on the bot. Today the Grid Trading Bot has been launched by Bybit one of the world’s fastest-growing cryptocurrency exchanges. Today onwards

June 20, 2022 2 mins read