Evergrande – DIGIT INFO

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

DIGIT — Mon, 28 Aug 2023 19:07:23 +0000

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

DIGIT — Mon, 20 Dec 2021 23:30:00 +0000

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

DIGIT — Wed, 15 Dec 2021 08:49:40 +0000

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

DIGIT — Sun, 12 Dec 2021 21:00:00 +0000

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

DIGIT — Thu, 11 Nov 2021 17:30:37 +0000

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?

DIGIT — Thu, 11 Nov 2021 07:43:09 +0000

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

DIGIT — Sun, 26 Sep 2021 14:40:59 +0000

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

DIGIT — Thu, 23 Sep 2021 20:00:09 +0000

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 […]

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Ethereum balance on crypto exchanges hits new lows as ETH price retakes $3K

DIGIT — Thu, 23 Sep 2021 15:39:55 +0000

Meanwhile, the amount staked in Ethereum 2.0 smart contracts reached over 7.75 million ETH.

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Axie Infinity (AXS) gains over 45%, but ‘death cross’ fears persist

DIGIT — Thu, 23 Sep 2021 12:55:52 +0000

AXS may form a death cross between its 20-day and 50-day exponential moving averages despite the latest rebound.

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