by COINS NEWS - 1 year ago
Imagine you're in Ukraine you put all your funds into Bitcoin and then the market tanks right when you touch down into a different country, do you sell at a loss so you can start surviving in a different country or do you hold on tight and try to...
Cryptocoins News / NewsBTC - 1 year ago
Many investors picked interest in Bitcoin, believing it could be a hedge against inflation. According to an analyst at D.A Davidson, Chris Brendler, BTC could become a hedge because it is decentralized and not a product of a central bank. These opini...
Cryptocoins News / Blockchain - 1 year ago
Hidden Road Partners is in talks with hedge funds and many of the top 20 global banks about providing access to trade or hedging their crypto risks, Bloomberg reported citing executives at the firm. (Read More)
Cryptocoins News / The Cointelegraph - 1 year ago
The Skybridge Capital CEO said Bitcoin needs much more proliferation before it can act as an inflation hedge. Skybridge Capital CEO Anthony Scaramucci believes that wh...
Cryptocoins News / CoinJournal - 1 year ago
Anthony Scaramucci says Bitcoin needs to reach a billion wallets to start being regarded as an inflation hedge.
He is however bullish on the crypto markets, predicting a recovery going into end of the year.
Scaramucci also says the meme stock situat...
Cryptocoins News / The Cointelegraph - 1 year ago
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-d...
Bitcoin News / Google News Bitcoin - 1 year ago
Inflation is insidious, sucking the life out of the finances of individuals, families and nations. The June 2022 inflation rate in the United States was 9.1%, the highest monthly inflation rate since November 1981. The highest inflation rate was re...
Bitcoin News / Bitcoinist - 1 year ago
Failed crypto hedge fund Three Arrows Capital (3AC) has been in the spotlight because it has defaulted on debt obligations for multiple companies in the crypto space. As a consequence, big players in the space collapsed following 3AC into insolvency....
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
Three Arrows Capital co-founder Su Zhu is supposedly among the 3AC creditors.
Zhu has filed a claim worth $5 million against the very same company that he founded alongside Kyle Davies, per reports.
The news was shared via Twitter by a us...
Bitcoin News / Bitcoinist - 1 year ago
Crypto heavyweight at Blockchain conference
Kobo blames the challenging global macro backdrop
O.D. Kobo, is the former co-founder of PIR Equities, the London-based private equity firm that in 2018 became one of the first institutional investors to...
More / Bitcoin Reddit - 1 year ago
Bitcoin is a hedge against monetary debasement (money printing). Bitcoin is unaffected by and cannot hedge against supply/demand shocks in market goods or other commodities.
Price volatility is heavily driven by Wall Street and retail speculators.
B...
Bitcoin News / Bitcoin.com - 1 year ago
A federal judge in a New York bankruptcy court has frozen the assets of crypto hedge fund Three Arrows Capital (3AC). “A key part of this motion is to put the world on notice that it is the liquidators that are controlling the debtorȁ...
More / Etherum Reddit - 1 year ago
The co-founders of failed crypto hedge fund Three Arrows Capital appear to be on the run from creditors, according to court documents recently filed in New York.
Lawyers representing the creditors say the physical whereabouts of Zhu Su and Kyle Davi...
by COINS NEWS - 1 year ago
tldr; Three Arrows Capital’s founders Su Zhu and Kyle Davies are nowhere to be found, according to officials charged with liquidating the bankrupt company. The Singapore-based hedge fund defaulted on a $670 million loan and failed to repay $270 mill...
Bitcoin News / Google News Bitcoin - 1 year ago
Tast Nawarat/iStock via Getty Images
After publishing my article on Bitcoin (BTC-USD) two weeks ago, a few commenters mentioned how this latest Bitcoin crash was different. And this difference made all the difference and, therefore, there would...
Cryptocoins News / NewsBTC - 1 year ago
Crypto hedge fund 3 Arrows Capital is slated to be another pillar piece of 2022’s bear market headlines, joining the likes of brutal bear market moments that include Terra Luna’s downfall and CeFi’s drama.
While rumors have swirled...
Bitcoin News / Bitcoin.com - 1 year ago
The troubled crypto hedge fund Three Arrows Capital Ltd., otherwise known as 3AC, has filed for bankruptcy according to recent court filings. The court papers show 3AC is aiming for an ancillary Chapter 15 proceeding so liquidators and creditors cann...