BlockFi Liquidated Three Arrows Capital: Report
CEO Zac Prince tweeted that the crypto lender “exercised our best business judgment.” Original Source
Read More
Arrows
Finblox Imposes $1.5K Monthly Withdrawal Limit Amid Three Arrows Capital Uncertainty
Crypto staking and yield generation platform Finblox has imposed a $1,500 monthly withdrawal limit and paused rewards in light of uncertainty surrounding crypto hedge fund Three Arrows Capital, which made a $3.6 million investment in the Hong Kong-based platform last December. Original Source
Read More
Three Arrows Faces Possible Insolvency After Unforeseen Liquidations
The investment firm has been one of the most-vocal crypto market participants in the past few years. Source
Read More
Tether Denies Claims of Asian Commercial Paper Backing, Exposure to Three Arrows Capital
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
Read More
‘Staked Ether’ Becomes Focus of Crypto Stress, From Celsius to Three Arrows
Celsius, a crypto lender that has come under scrutiny since it froze withdrawals last weekend, citing "extreme market conditions," holds 409,260 stETH tokens, worth about $470 million at current prices, according to data provided by Ape Board, a portfolio tracker from the blockchain analysis firm Nansen. Original Source
Read More
Three Arrows Capital’s Su Zhu Believes American Boomers Capitulated on Crypto in Mid-May
Summary: Three Arrows Capital co-founder Su Zhu believes that American boomers capitulated on crypto mid this month. He cites the declining prices of MicroStrategy’s and Coinbase’s stock in the traditional markets. Both assets remain in a confirmed downtrend that eerily resembles that of Bitcoin, thus indicating a strong correlation. The Co-founder of Three Arrows
Read More
Three Arrows Co-Founder Su Zhu Admits His Bitcoin Supercycle Price Thesis Was Regrettably Wrong
Summary: Su Zhu has admitted via Twitter that his Bitcoin supercycle thesis ‘was regrettably wrong.’ Mr. Zhu’s Bitcoin supercycle thesis had forecasted that BTC could reach $2.5 million if it took a large portion of Gold’s market share. The co-founder of Three Arrows Capital, Su Zhu, has admitted via Twitter that his Bitcoin
Read More
Bitcoin Could be Entering an Accumulation Range – Three Arrows Capital Co-founder
Summary: Three Arrows Capital Co-Founder Zhu Su believes Bitcoin might have reentered an accumulation range. According to his analysis, Bitcoin has had a record-breaking seven weeks in the red, signaling possible accumulation. Bitcoin spot and derivatives volumes are also at their one-year highs. Bitcoin is exhibiting some strength against stocks almost overnight Earlier this week,
Read More
Three Arrows Capital to Move Headquarters to Dubai, Raise External Capital
Crypto firms eye the Middle East amid regulatory scrutiny from Singaporean officials. Original Source
Read More