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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 […]

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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 […]