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Three Arrow Capital (3AC), a Singapore-based crypto hedge fund that at one point managed over $10 billion worth of assets, became one of the many crypto firms that went bankrupt in this bear market. However, the fall of 3AC wasn’t purely a market-driven phenomenon. As more information surfaced, the collapse looked
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The economist Benjamin Graham, known to some as the father of value investing, once compared the market to a voting machine in the short run and a weighing machine in the long run. While Graham likely would have been skeptical at best about crypto and its built-in volatility had he
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Bitcoin (BTC) headed toward $40,000 on April 22 after a major retracement in equities speared bulls' latest advance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin sheds $3,000 on U.S. stocks plungeData from Cointelegraph Markets Pro and TradingView showed BTC/USD being kept firmly under $41,000 Friday after volatility during the latest Wall Street
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The scheme was Shanghai's first cracked case of an online pyramid scheme using cryptocurrencies, according to the police. Source
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The Central Asian country has struggled to meet electricity demand, particularly after miners flocked there from China. Original Source
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The Bitcoin white paper doesn’t mention the word decentralization once – but it’s obviously there by another name: peer-to-peer. The Ethereum white paper mentions decentralization about 40 times. And when the President’s Working Group on Financial Markets (PWG) released its report on stablecoins last month, 15% of it was dedicated
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Bitcoin price is trading in the mid-$40,000 range, unable to get through $50,000 but still holding strong the higher the recovery goes. The series of higher lows continues, potentially creating another base for the cryptocurrency to blast off from. This base would mark the third out of four before the “selling
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By the end of 2018, many crypto skeptics had their “I told you so” moment, as many initial coin offerings, or ICOs, failed to deliver on their promises. Between 2017 and 2018, 3,250 projects were launched via ICO and $21.4 billion was collected from investors. But by early 2018, a
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Bitcoin’s price keeps climbing amid election uncertainty. Wasabi Wallet will offer automatic, privacy-preserving CoinJoins in its coming upgrade. A major Russian power provider is entering into a bitcoin mining joint venture.Top shelf$1B BTC forfeitureThe U.S. government is suing for the forfeiture of thousands of bitcoins, totaling more than $1 billion,
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