Bitcoin


Finance

Three Arrows Capital Founders Say Terra, GBTC Trades Led to Fund Blowup: Report

“What we failed to realize was that luna was capable of falling to effectively zero,” Three Arrows Capital co-founder Su Zhu said.

Road directional arrows (The Image Bank RF/Getty Images)

Markets

First Mover Asia: Does Tesla Really Believe in Bitcoin?; Altcoins Rise in Thursday Trading

The electric car maker became a proxy for investors looking to take a position in the cryptocurrency without buying it directly, but its recent jettisoning of $936 million of BTC suggests the company wasn’t all that committed to the asset.

Tesla sold over $900 million in bitcoin during its second quarter. (Blomst/Pixabay)

Markets

Market Wrap: Bitcoin Stalls at $23K but Sits Above Cost for Average Investor’s Purchase Price

Bitcoin investors are back in positive territory, although trading ranges have narrowed.

Bitcoin declined 2.9% after an 11% increase over the previous seven trading days. (CoinDesk and Highcharts.com)

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Finance

What Tesla’s Big Bitcoin Sale Means for Other Firms Putting Crypto on Their Balance Sheets

Corporations are likely to remain cautious on adding bitcoin to their treasuries, but not because of Tesla’s move.

Tesla CEO Elon Musk (Christian Marquardt - Pool/Getty Images)

Markets

Banco Central Europeo sube tasa de interés 50 puntos básicos pero bitcoin se mantiene estable

El primer aumento de tasas de interés del BCE desde 2011 se produce cuatro meses después de que la Fed iniciara su ciclo de ajuste, lo que provocó que los activos de riesgo bajaran.

El BCE anunció su primer aumento en las tasas de interés en 11 años. (alexanderjungmann/Pixabay)

Videos

Tesla’s Bitcoin Dump; Zipmex Freezes Withdrawals

Bitcoin slips after Tesla announcement, but analysts say we could have seen the bottom. Crypto trading volumes in India recover. Polygon’s ZK solution aims to slash current layer 1 Ethereum network costs by 90%. Singapore-based Zipmex freezes withdrawals. Documents reveal Vauld owes retail customers $363 million.

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Markets

First Mover Americas: ECB (Finally) Exits Negative Rates as Bitcoin Digests Tesla Sales

The latest price moves in crypto markets in context for July 21, 2022.

The European Central Bank (ECB) raised borrowing costs for the first time in 11 years. (Ronald Wittek - Pool/Getty Images)

Tech

Bitcoin Nonprofit ₿trust Launches Africa Open Source Cohort; Names First Developer

Jay-Z and Jack Dorsey-funded Bitcoin non-profit picked Vladimir Fomene, who will contribute to the Bitcoin Development Kit and the Swahili Wordlist.

(da-kuk/E+/Getty Images)

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