Risks
Bitcoin Risks Drop To $108K, But Dip Buyers Step In
Key points: Bitcoin’s sell-off intensified, but data shows spot buyers increasing their allocation size. Liquidation heatmat data suggests the sell-off could extend to $107,000. Bitcoin (BTC) fell to a 2-week low of $108,865 on Thursday, and while an assortment of entities have shown interest in buying the range lows, this week, selling during the Asia […]
Crypto Treasury Firms Introduce Counterparty Risks to Bearer Assets: CEO
Bitcoin (BTC) and crypto treasury firms pose similar risks as collateralized debt obligations (CDOs), securitized baskets of home mortgages and other types of debt that triggered the 2007-2008 financial crisis, Josip Rupena, CEO of lending platform Milo and former Goldman Sachs analyst, told Cointelegraph. Crypto treasury companies take bearer assets with no counterparty risk and […]
Bitcoin Risks Ending Its Bull Market After Whale Sell-Off
Bitcoin (BTC) starts the last week of August far from all-time highs as traders become increasingly nervous. A huge long liquidation event has brought $110,000 back into play as a new CME gap becomes a new hope for bulls. Bitcoin whales are under scrutiny after a giant rotation from BTC into ETH. Smaller hodlers remain […]