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Last week there was a lot of focus on the crypto hedge fund Three Arrows Capital (3AC) as the firm allegedly had a great deal of leveraged positions liquidated and there’s been speculation about insolvency. According to a recent report, 3AC’s over-the-counter (OTC) operation TPS Capital pitched a GBTC arbitrage opportunity before the company reportedly […]Powered by WPeMatico
A 2018-like bearish cycle could have Ether drop toward $420 in the coming weeks.
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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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Nexo says it currently has no exposure to Three Arrows Capital and has 100% liquidity to meet its debt obligations.
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Ether risks turning overbought on shorter timeframes, amounting to sell-offs also as it retests a critical resistance level.
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