Tuesday, December 24, 2024
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Deribit Confirms 3 Arrows Capital as a Shareholder, States the Exchange’s Accounts are in Debt, but Still Financially Healthy

Summary: The team at Deribit has confirmed that Three Arrows Capital is a shareholder at the exchange. Deribit also hinted that its accounts possibly linked to Three Arrows Capital are in debt. However, the team at Deribit quelled fears of insolvency by stating that the exchange will remain financially healthy if the above-stated

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Bitcoin Miners’ Margins Are Still ‘Quite Healthy’ Even After Recent Sell-off: D.A. Davidson

Bitcoin miners are still generating healthy profits, despite the sharp sell-off in crypto prices and an increase in the network hashrate, Wall Street investment firm D.A. Davidson’s analyst wrote on Tuesday.“Since the late-October peak, hash price ($/TH/day) has fallen from over $0.40 to just $0.22 today yet gross margins remain

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Bitcoin hitting $59K would be ‘extremely healthy,’ says trader as BTC price retreats

Bitcoin (BTC) dipped below $64,000 on Nov. 12 as its comedown from new all-time highs continued to unnerve.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC: Consolidation becomes down moveData from Cointelegraph Markets Pro and TradingView captured fluid market conditions on Friday, with BTC/USD acting in a $2,000 range.The pair had spent the

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Bitcoin sees ‘quite healthy’ consolidation on $200M BTC options expiry day

Bitcoin (BTC) ranged around $48,000 on Friday as hopes of a bull run endured thanks to low supply and upcoming corporate disclosures.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnticipation builds for cross-crypto breakoutData from Cointelegraph Markets Pro and TradingView showed BTC/USD continuing to consolidate into Friday, with the latest options expiry now

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Stack Funds hails Bitcoin’s ‘healthy correction’ predicts ‘euphoria’ ahead

Crypto index fund provider Stack Funds has labeled yesterday’s pullback as a “healthy correction” that was needed before Bitcoin continues its upward trajectory. Bitcoin broke through $19,000 earlier this week after posting seven weeks of consecutive gains. According to the firm, the crypto has been at overbought levels since October, further

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Bitcoin Sees a Healthy Pullback After Rallying to $10,200; Here Are the Levels to Watch For

Last updated:February 19, 2020Bitcoin has seen some intense volatility over the past 24-hours, with the cryptocurrency showing signs yesterday of stabilizing within the $10,000 region before facing a swift overnight selloff that led it to plummet as lows as $9,750 overnight. BTC’s rejection at $10,200 seems to spell trouble for the

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