Fir Tree Capital Management is betting against tether, claiming the stablecoin issuer’s commercial paper holdings are bound to lose value.

The post US hedge fund Fir Tree attempts to short tether: report appeared first on The Block.

February 4, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ Jump Crypto replaced the 120,000 ETH on Wormhole’s ETH contract[...]

The post A Glimmer of Hope for This Aspect of Crypto Taxes? appeared first on Unchained Podcast.

Cryptocurrency assets management firm Arca has strongly objected to the Phantom Trope proposal of SushiSwap. Earlier last week, SushiSwap pitched its Phantom Troupe proposal as part of its broader Treasury Diversification plan. Calling it a “strategic raise”, the proposal aims to use 51m SUSHI coins in the SushiSwap Treasury to onboard institutional investors. Community member

The post Arca Strongly Objects to SushiSwap’s Phantom Troupe Proposal appeared first on Coingape.

It's been a difficult few days for Bitcoin, the world's largest cryptocurrency, with BTC falling from the $57,000-level on the 11th to $39,300 at press time. What precipitated such a correction? We

The post What to do with your bitcoin today, with the price below $40,000? appeared first on AMBCrypto.

The ongoing debates over Bitcoin, Dogecoin, a potential altseason, meme coins, and various others can be represented by a rotating swing carousel of an amusement park. Each debate re-emerges at differ

The post Bitcoin's price target despite reaction to Tesla news: Here's why 'not much has changed' appeared first on AMBCrypto.

The Chief Investment Officer of cryptocurrency investment firm Arca, Jeff Dorman, has revealed the firm believes SushiSwap’s SUSHI token may be the “most undervalued” in the cryptocurrency space based on three main overhands. In a Twitter thread, Dorman revealed that SUSHI has underperformed other decentralized exchange tokens, including that of rival automated market maker Uniswap. […]

Many in the crypto community didn't anticipate this altcoin's rally. Several questioned Ethereum's move comparing it to its biggest competitor, Bitcoin. Looks like the evergreen debate of ETH vs BTC i

The post How will 'Ethereum killers' affect the ETH rally? appeared first on AMBCrypto.

Wanchain prices are bottoming up. WAN/USDT bulls are aiming at $2.6. TrustSwap, on the other hand, is under pressure as long as SWAP/USDT is below $5.

With Coinbase stepping into Wall Street, brokerages and De-Fi together have the ability to provide serious competition. Talking on similar lines and highlighting Coinbase's potential threats, Jeff Dor

The post 'Coinbase snubbed all these' players...here's why appeared first on AMBCrypto.

After a record weekend liquidation, Bitcoin price bounced back above $57,000 – gaining back approximately $3,000. At 14:21 GMT on Monday, the price of the coin was trading at $56,367, at a gain of 2.32% in the last 24 hours. The Sunday fall saw about $9.79 billion bleed out of long positions getting “rekt,” making […]

On Sunday (April 18), Jeff Dorman, who is the Chief Investment Officer (CIO) at NYSE Arca (which is “the top U.S. exchange for the listing and trading of exchange-traded funds”), gave three reasons for this past weekend’s Bitcoin price crash. Data by TradingView indicates that — on crypto exchange Bitstamp — when the past weekend started (i.e. 00:00 […]