WebJun 17, 2024 · Bitcoin broke below $21,000 this week, bringing the global crypto market cap under $1 trillion for the first time since January 2024. It’s now at $930 million, just under 70% down from its November 2024 peak. Disclosure: At the time of writing, the author of this piece owned ETH and several other cryptocurrencies. WebJun 16, 2024 · BlockFi Seeks to Quell Fear Amid Fallout from Crypto Hedge Fund Three Arrows Lending platform confirms a client failed to meet margin call Collateral-damage concern chills crypto market amid downturn
Genesis Trading Confirms “Large Counterparty ... - Crypto Briefing
Web3AC was one of the first funds to invest in emerging projects like Aave back in the DeFi summer of 2024. However, it was one of the investments that they made during DeFi summer that caught everyone’s attention — $200 million worth of shares of the Grayscale Bitcoin Trust (GBTC). The trade would later contribute to the fund’s downfall. WebJun 16, 2024 · (Reuters) - Singapore-based crypto hedge fund Three Arrows Capital failed to meet margin calls this past weekend as cryptocurrency prices slid, according to a report … the point hoho show
BlockFi Seeks to Quell Fear Amid Crypto Hedge Fund 3AC’s Fallout …
WebJun 15, 2024 · Crypto hedge fund 3AC could be among the first to fall. Its size and high level of debt could cause others in the industry to fail. Creditors may find that crashing the cryptocurrency market by liquidating billions of dollars’ worth of cryptocurrency collateral may do more harm than good since they will be lowering the value of their own assets. WebJun 17, 2024 · June 17 (Reuters) - Cryptocurrency hedge fund Three Arrows Capital Ltd is exploring options, including the sale of assets and a bailout by another firm, the Wall … WebJun 16, 2024 · (Reuters) - Singapore-based crypto hedge fund Three Arrows Capital failed to meet margin calls this past weekend as cryptocurrency prices slid, according to a report … the point harlingen texas