Babel Finance – DIGIT INFO

Q2 2022 Cryptocurrency Report Highlights Terra’s Collapse and Capital Exiting the Crypto Ecosystem

DIGIT — Sat, 23 Jul 2022 17:30:28 +0000

On July 13, the dedicated crypto price tracking, volume, and market capitalization web portal Coingecko published the company’s “Q2 2022 Cryptocurrency Report” which discusses the last quarter’s crypto market action and insights. The 46-page report explains how the Terra UST and LUNA fallout wreaked havoc on the entire crypto ecosystem and the stablecoin economy. Moreover, […]

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Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the Company

DIGIT — Sat, 09 Jul 2022 16:30:40 +0000

On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation caused “no losses to Tether.” According to the stablecoin issuer, the bitcoin loan to Celsius was “overcollateralized” by roughly “130%+.” Tether Liquidates Bitcoin Loan Taken […]

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Report: Blockchain.com CEO Reveals Company Lost $270 Million From 3AC Exposure

DIGIT — Fri, 08 Jul 2022 20:30:37 +0000

According to a report published on July 8, the cryptocurrency firm Blockchain.com lost $270 million from exposure to the crypto hedge fund Three Arrows Capital (3AC). The news was shared in a recent letter to shareholders written by the company’s CEO Peter Smith. The Blockchain.com executive stressed that the firm “remains liquid, solvent and our […]

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Here’s how pro traders could use Bitcoin options to buy the $20K BTC dip

DIGIT — Fri, 24 Jun 2022 20:15:43 +0000

Predicting a market bottom is pretty much impossible, but clever traders use options strategies like the Iron Condor setup to target a particular trading price range.

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Crypto lending platform Babel Finance reaches counterparty debt agreement

DIGIT — Tue, 21 Jun 2022 05:16:16 +0000

The firm emphasized that it will “actively fulfill its legal responsibilities to customers and strive to avoid further transmission and diffusion of liquidity risks.”

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Ethereum risks another 60% drop after breaking below $1K to 18-month lows

DIGIT — Sat, 18 Jun 2022 13:08:51 +0000

A 2018-like bearish cycle could have Ether drop toward $420 in the coming weeks.

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XRP price technical breakdown boosts chances of a 40% drop by July

DIGIT — Fri, 17 Jun 2022 16:17:51 +0000

XRP’s bearish outlook is driven by a mix of technical and fundamental factors that could see price drop to $0.18 next.

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Industry Execs Claim Freshly Minted ‘Virgin Bitcoins’ Fetch 20% Premium

DIGIT — Sun, 08 Mar 2020 21:30:20 +0000

A few blockchain surveillance companies like Cyphertrace have recently published reports on criminal activities tied to bitcoin usage and the studies mentioned the topic of “virgin bitcoins.” According to industry executives, freshly minted bitcoins with no transaction history can sell for a 10-20% premium compared to coins sold on the open market. Even though the […]

The post Industry Execs Claim Freshly Minted ‘Virgin Bitcoins’ Fetch 20% Premium appeared first on Bitcoin News.

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