What bear market? This token is quietly making new highs, up 300% against Bitcoin in 2022
Unus Sed Leo price technicals, however, suggest that the uptrend could correct in H2 2022. Go to Source Powered by WPeMatico
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Report: Bitmex, Deribit Liquidate 3AC’s Positions — Negativity Continues to Plague the Crypto Hedge Fund
Two days ago, Bitcoin.com News reported on the crypto hedge fund Three Arrows Capital (3AC) after reports claimed that the company was allegedly struggling with financial hardship and possible insolvency. Now the crypto firm Finblox is feeling the effects of 3AC’s troubles, and a few digital currency companies have liquidated the hedge fund’s leveraged positions. … Read more
Large Bitcoin liquidations mean one man’s pain is another man’s pleasure — Time to buy the dip?
Pro traders were forced to cut their losses after margin and futures markets became over-leveraged, creating a potential entry point for bullish buyers. Go to Source Powered by WPeMatico
Tether is ‘instrument of freedom’ and ‘Bitcoin onramp,’ says Bitfinex CTO
Paolo Ardoino, CTO of Bitfinex and Tether made the case that Tether is a tool for human rights in Davos, Switzerland during the World Economic Forum. Go to Source Powered by WPeMatico
Bitfinex Bitcoin longs hit a record-high, but does that mean BTC has bottomed?
A key derivatives metric used by margin traders has hit a record-high, but there’s plenty of risk and a catch to consider. Go to Source Powered by WPeMatico
Top 3 cryptocurrencies that are faring the best in the 2022 bear market
The list is curated after studying the drawdowns of the top 30 crypto assets by market cap from their record highs. Go to Source Powered by WPeMatico
Tether CTO: Terra wasn’t a rug pull, it was a poorly designed ‘castle of cards’
“It was clear to me, it was clear to many that I know that it was a bad idea,” said Tether and Bitfinex CTO Paolo Ardoino. Go to Source Powered by WPeMatico
Stablecoins are the perfect trojan horse for Bitcoin, says Tether CTO
Bitfinex and Tether CTO, Paolo Ardoino spoke to Cointelegraph about cryptocurrency adoption in Europe. Go to Source Powered by WPeMatico
Bitfinex and Tether Launch Public Fund to Support Salvadoran Families Affected by Gang Violence
Bitfinex, a cryptocurrency exchange, and Tether, issuer of USDT, the largest stablecoin by market cap, have partnered to launch a cryptocurrency fund to support Salvadoran families affected by gang violence. The two companies have donated 25 BTC to start the initiative, and expect many more will join. The President of El Salvador, Nayib Bukele, declared … Read more
President Bukele hits out at Bitcoin Bond ‘FUD’ as CZ jets in to El Salvador
El Salvador’s President Nayib Bukele publicly called out Reuters for spreading “FUD” about delays in the country’s $1 billion ‘volcano bond.’ Go to Source Powered by WPeMatico