Bitcoin Erases Weekly Loss, Eyes Resistance At $22.6K
Bitcoin has reached breakeven for the week, invalidating a major bearish technical setup. Original Source
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Loss
Blockchain.com CEO Reveals Potential $270M Loss Due to Three Arrows Capital Exposure
Summary: Blockchain.com’s CEO has revealed that the company faces a $270 million loss on loans to the Three Arrows Capital hedge fund. However, he states that the company remains liquid and solvent, and its customer will not be affected by the loss. Blockchain.com CEO, Peter Smith, has revealed that the crypto exchange faces
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Bitcoin addresses in loss hit all-time high amid $18K BTC price target
Bitcoin (BTC) meandered into the weekly close on July 3 after weekend trading produced a brief wick below $18,800.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBollinger bands signal volatility dueData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it stuck to $19,000 rigidly for a third day running.The pair had
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What Traders Are Saying About Bitcoin's Biggest Monthly Loss in 11 Years
Poor macroeconomic sentiment, fears of inflation, and systemic risks from the crypto market pushed bitcoin below 2017’s highs. Original Source
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Defi Pioneer, Bancor, Under Fire for Pausing Impermanent Loss Protection Due to Hostile Market Conditions
Bancor, a Decentralized Finance protocol often regarded as a pioneer in the DeFi ecosystem, has come under heavy scrutiny after it announced that it would pause its impermanent loss protection program. The DeFi platform cited extreme market conditions for stopping this program. However, Bancor has been criticized for pausing the
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Bancor pauses impermanent loss protection citing ‘hostile’ market conditions
Bancor, a decentralized finance (DeFi) protocol often credited as the pioneer of the DeFi space, paused its impermanent loss protection (ILP) function on Sunday, citing “hostile” market conditions.In a blog post on Monday, the DeFi protocol noted that the ILP pause is a temporary measure to protect the protocol and the users.
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Bitcoin Supply In Loss Reaches 50% As BTC Drops Below $20k
On-chain data shows the percentage of the Bitcoin supply in loss has surged to almost 50% now as the crypto’s price tumbles below $20k. 49.94% Of The Total Bitcoin Supply Is Now Holding Some Loss As pointed out by an analyst in a CryptoQuant post, the drop below $20k has now put
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Bitcoin price drops to lowest since May as Ethereum market trades at 18.4% loss
Bitcoin (BTC) saw further losses on June 12 as thin weekend trading volumes fueled an ongoing sell-off.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst likens risk asset 'pump' to 1929Data from Cryptox Markets Pro and TradingView showed BTC/USD hitting lows of $27,150 on its sixth straight day of downside.With hours to
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Osmosis to Cover Possible $5M Exploit Loss; Chain to Remain Halted for 2 Days
The Osmosis Chain will remain frozen for 48-hours following an exploit that resulted in an estimated $5 million loss. Source
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Galaxy Digital Sees Quarter-to-Date Loss of $300M
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