Summary: Three Arrows Capital has filed for Chapter 15 bankruptcy in New York 3AC filing for bankruptcy comes less than a week after a British Virgin Islands court ordered the hedge fund into liquidation. The financially...
Summary: Genesis Trading allegedly lent Three Arrows Capital $2.36 billion. Estimates had earlier put Genesis Trading’s losses due to exposure to Three Arrows Capital in the ‘hundreds of millions.’ Three Arrows Capital’s bankruptcy claims have halted...
Summary: Three Arrows Capital co-founder Su Zhu believes that American boomers capitulated on crypto mid this month. He cites the declining prices of MicroStrategy’s and Coinbase’s stock in the traditional markets. Both assets remain in a...
Summary: Su Zhu has admitted via Twitter that his Bitcoin supercycle thesis ‘was regrettably wrong.’ Mr. Zhu’s Bitcoin supercycle thesis had forecasted that BTC could reach $2.5 million if it took a large portion of Gold’s...
Bitcoin vs. Gold: Throwback Edition A war has been raging between two cliques in the investment community. This writer, of course, is talking about the precious metal advocates’ spat with investors in Bitcoin and its ilk....
[updated 3 December 2019] WisdomTree, a major exchange traded fund provider with $61 billion in assets under management, says it is time for institutions and professional investors to seize the bitcoin opportunity. In a research note...
Tom Brady has admitted that adding laser eyes to his Twitter profile did not help with Bitcoin’s price action He has since requested his followers for additional ideas that might yield better results for Bitcoin The...
For years now, prominent investors in and out of the Bitcoin and cryptocurrency community have been making predictions, predictions about the crypto market’s future — often deemed uncertainty by many skeptics. One of the most prominent...
Bitcoin is Preparing to Surge Even Higher, Leading Trader Says Over the past hour, Bitcoin has finally started to move higher, surging out of the weekend range that was formed from $9,200 to $9,400. Per data...
In brief: Top analyst, @MagicPoopCannon, is cautious regarding the recent rally of Bitcoin (BTC) to $10k. He cites that Bitcoin’s daily RSI as being overbought. He points out that the stock market is not out of...
In brief: In December 2018, Bitcoin bounced off the 200 Weekly Moving Average. This crucial support has since been broken. Top Bitcoin analyst predicts that BTC could continue falling and find some support in the mid...
In summary: Veteran Bitcoin analyst, Willy Woo, has concluded that the economic effects of COVID19 halted BTC’s bull run prior to and after halving. Woo is however optimistic that we are close to another bullish run....