Evergrande – DIGIT INFO

The bright side of Evergrande’s collapse? More crypto volatility

Evergrande’s ongoing bankruptcy saga has significant macroeconomic implications — including for the global cryptocurrency market.

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Crypto regulation is coming, but Bitcoin traders are still buying the dip

The premium on CME Bitcoin futures dropped to zero, but data shows pro traders are still bullish.

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Bitmex Co-Founder Arthur Hayes Recommends “Wait and See” Approach for Cryptocurrency Investors

Bitmex co-founder and cryptocurrency investor Arthur Hayes has addressed the current state of the market with the effect the U.S. Federal Reserve’s upcoming tapering process may have. Hayes also links this with the Evergrande situation in China and advises cryptocurrency newcomers to hold on until new signals emerge next year. Arthur Hayes Analyzes the Current […]

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2 key Bitcoin trading metrics suggest BTC price has bottomed

Bitcoin price has yet to reclaim the $50,000 level, but the actions of options market makers and margin traders at Bitfinex suggest the most recent correction is over.

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China’s Real Estate Giant Evergrande Narrowly Dodges Default for Third Time in 30 Days

China's Real Estate Giant Evergrande Narrowly Dodges Default for the Third Time in 30 Days

In mid-September China’s Evergrande Group, the country’s second-largest property developer by sales, sparked fear in the global economy as the company’s market valuation plummeted to an 11-year low. Global economists have warned that if Evergrande defaults on its debts, it could start a credit contagion similar to the Lehman Brothers bankruptcy in 2007. So far, […]

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Did conflicting reports about Evergrande defaulting cause Bitcoin to tank?

Fears about the stock market and Tether’s reserves have also led some to believe the Bitcoin price could be in trouble.

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Ethereum price gets back to $3K as institutional investors pile into ETH futures

Ethereum prices recovered on Sunday amid a market-wide upside correction while receiving an additional upside boost from a bullish JPMorgan & Chase report.

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Rich Dad Poor Dad Author Calls Evergrande a ‘House of Cards’ While China’s Officials Prep for Firm’s Demise

The world is still focused on the financial downfall of China’s real estate giant Evergrande and according to Chinese authorities have told the private sector to get “ready for the possible storm.” Reports show that even though the People’s Bank of China already provided $18.6 billion in liquidity to ease the brunt, Beijing may not […]