City Arrow Financial News

17.07 / 06:45
cryptocurrency Bitcoin price today NFTS Bitcoin surges Top Cryptocurrency Prices on July 17: Bitcoin jumps 3%, Ether surges over 10%
Major cryptocurrencies traded in the green early on July 17 as the global crypto market-cap rose by 3.25 percent to $962.55 billion over the last day. On the other hand, the total crypto market volume dropped 1.05 percent to $62.10 billion over the last 24 hours.
16.07 / 19:07
cryptocurrency Ether Bitcoin Crypto World Crosses Fingers in Hopes Contagion Has Run Course
The cryptocurrency market has been nothing short of a financial soap opera in 2022, and the drama continued this week when the lender Celsius Network filed for bankruptcy protection. Yet there is one important place where the drama has cooled off noticeably: the actual prices of the largest digital tokens themselves.
16.07 / 00:53
business SEC Funding Bankruptcy Crypto Biz: 3AC’s founders are nowhere to be found
In the world of crypto, there’s no such thing as “too big to fail.” Three Arrows Capital, once the most recognizable hedge fund in the industry, has essentially gone belly-up after its founders believed their own hype and decided to go full-degen mode during the worst macro climate of a generation. Since the proverbial shit hit the fan last month, founders Kyle Davies and Su Zhu have kept a very low profile. So low, in fact, that their whereabouts remain a mystery, according to court documents. 
15.07 / 19:13
Blockchain Ethereum SEC Ethereum Merge Date Proposed for September, Liquidator Comes for 3AC, US SEC Talks Exemptions + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
15.07 / 12:39
Reuters Digital Platform Southern network $1.19B Deficit Hole Listed on Balance Sheet: Celsius Network
A $1.19 billion deficit was listed on Celsius Network's balance sheet in a court filing on Thursday.
15.07 / 12:37
wallet Exchange Custody Trezor Has Seen ‘Significantly’ Higher Interest in Self-Custody Amid Ongoing Crypto Turmoil
Major hardware wallet maker Trezor said they have noticed higher interest in their devices following a string of crypto company meltdowns and centralized exchanges suspending withdrawals.
15.07 / 11:21
cryptocurrency Digital Southern Crypto Lender Celsius Reveals $1.19 Billion Hole In Bankruptcy Filing
New Jersey-based Celsius froze withdrawals last month.
14.07 / 13:11
COST JPMorgan Bitcoin Cost of Producing Bitcoin Dropped to around $13,000, says JPMorgan
The cost of producing Bitcoin has gone negative as it dropped from about $24,000 at the start of June to around $13,000 now, according to JPMorgan Chase & Co.
14.07 / 10:43
Ethereum cryptocurrency NFTS Bitcoin Digital assets are solutions in search of problems, says Andrew Left
Andrew Left, one of the world’s best-known short sellers, has criticised digital assets such as non-fungible tokens (NFTs), calling them solutions in search of problems and said the idea of decentralisation, which is the bedrock of the crypto ecosystem, was the “stupidest thing ever.”
14.07 / 09:13
business Twitter Digital Pump and Dump PUMP Voyager token skyrockets as VGX pump scheme touted
The native token for the embattled crypto brokerage Voyager Digital has skyrocketed in what seems to be a new effort to inflate its price seemingly inspired by the recent "CEL short squeeze."
14.07 / 02:25
Digital Arrow Embattled crypto lender Celsius informs state regulators that it’s filing for bankruptcy 'imminently,' source says
Crypto company Celsius is in the process of filing for Chapter 11 bankruptcy, according to a source familiar with those discussions.
13.07 / 22:43
markets OKEx CME Bitcoin Drop How Bitcoin’s strong correlation to stocks could trigger a drop to $8,000
The Bitcoin (BTC) price chart from the past couple of months reflects nothing more than a bearish outlook and it’s no secret that the cryptocurrency has consistently made lower lows since breaching $48,000 in late March.
13.07 / 13:29
Digital Platform Arrow Bitcoin Luna BlockFi Stops Accepting GBTC as Collateral
BlockFi, a major crypto lending firm based in New Jersey, has reversed its earlier decision, and now stop accepting shares in the Grayscale Bitcoin Trust (GBTC) as collateral for loans.
13.07 / 10:39
Digital Cooper Arrow NOT Three Arrows accused of not cooperating with liquidators investigating digital assets
Court-appointed liquidators for cryptocurrency hedge fund Three Arrows Capital said its founders can’t be located and aren’t cooperating in the investigation of its assets, allegations that the founders denied.
13.07 / 06:09
business regulation Court Liquidators can subpoena 3AC founders despite 'tricky issues' with crypto assets
A United States (U.S.) court has given liquidators permission to subpoena the founders of crypto investment firm Three Arrows Capital (3AC), including Su Zhu and Kyle Davies.
12.07 / 21:39
markets Polygon Tether Bitcoin fall 3 key metrics suggest Bitcoin and the wider crypto market have further to fall
The total crypto market capitalization has fluctuated in a 17% range in the $840 billion to $980 billion zone for the past 28 days. The price movement is relatively tight considering the extreme uncertainties surrounding the recent market sell-off catalysts and the controversy surrounding Three Arrows Capital.
12.07 / 21:39
Ethereum defi Liquidity Returns 3AC co-founder returns to Twitter, blames liquidators for "baiting"
Su Zhu, co-founder of Singapore-based crypto venture capital firm Three Arrows Capital (3AC), returned to Twitter after nearly a month of inactivity. In another cryptic tweet, he blamed liquidators for baiting them with respect to StarkWare tokens.
12.07 / 20:25
Law regulation Bank of England BoE official compares current crypto market regulation to 'unsafe aeroplanes'
Jon Cunliffe, deputy governor for financial stability at the Bank of England, has called for a clear regulatory framework for crypto to address risks amid the recent market downturn.
12.07 / 15:03
Crime Legal Three Arrows Capital Three Arrows Founders 'Received Threats of Physical Violence' - Su Zhu Breaks Silence
Founders of troubled major crypto hedge fund Three Arrows Capital (3AC) and their families "have received threats of physical violence," according to seemingly a screenshot of an email, shared by Su Zhu, the co-founder of the fund, today.
12.07 / 13:44
BLOCK Digital Platform WSJ Bitcoin Celsius Makes More Repayments and Withdrawal: Sources
Celsius Network has repaid partial debts to decentralized finance and lending platforms Aave and Compound respectively, as it continues to tackle the potential insolvency issue.

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