Tag: contagion
‘Long’ Crypto Traders Take on $700M in Losses as Markets Falls on FTX Contagion Fears
Bitcoin (BTC) and ether (ETH) declined more than 8% in the past 24 hours to reach levels previously seen in early October, putting a gradual recovery [...]
FTX Token Falls 80% Despite Binance Bailout as Alameda Contagion Spreads to Bitcoin
Broader crypto markets, which mounted a short-lived recovery after the bailout announcement, quickly lost steam and turned sharply lower. The CoinDesk [...]
FTX Token Plummets as Market Fears Possible Alameda Contagion
FTT was down nearly 12% in the last hour and over 20% during the last 24 hours.
www.coindesk.com [...]
CFTC commissioner compares crypto contagion risk to 2008 financial crisis
Commodity Futures Trading Commission’s (CFTC) Christy Goldsmith Romero has pointed to the collapse of the Terra ecosystem and its flow-on effects as a [...]
Fallout from crypto contagion subsides but no market reversal just yet
The blockchain industry showed some surprising resilience in July, which may point to a period of greater fundamental support for the crypto space ove [...]
Contagion only hit firms with ‘poor balance sheet management’ — Kraken Aus boss
The crypto contagion sparked by Terra’s infamous implosion this year only spread to companies and protocols with “poor balance sheet management” and n [...]
Crypto contagion deters investors in near term, but fundamentals stay strong
The past six-odd months have been nothing short of a financial soap opera for the cryptocurrency market, with more drama seemingly unfolding every oth [...]
First Mover Americas: Bitcoin Nears $24K as Citi Sees Crypto Contagion in Past (Don't Tell Zipmex)
The latest price moves in bitcoin (BTC) and crypto markets in context for July 22, 2022.
www.coindesk.com [...]
Citi Says Crypto Contagion Appears to Have Ceased
The Coinbase price is normally at a premium, which could reflect new entrants or institutional demand, but the price turned to a discount in May, the [...]
Bitcoin Stalls as Contagion Hits Zipmex, Vauld. Will Ethereum’s Merge Fix This?
Godbole reported separately (yes, he was busy) that a Bank of America survey found investor pessimism – in traditional markets, not crypto – at dire l [...]
Zipmex a Victim of Crypto Contagion as Concerns Grow Over Babel Loan: Sources
The backstory, according to an industry executive briefed on the matter by people with direct knowledge of the situation, is that a Singaporean arm of [...]
Bank of England Committee Calls for Enhanced Crypto Regulation to Limit Contagion
Noting recent market turmoil, the committee said crypto assets did not yet pose a threat to the wider financial system. They might, however, in the fu [...]
How low can Ethereum price drop versus Bitcoin amid the DeFi contagion?
Ethereum's native token Ether (ETH) has declined by more than 35% against Bitcoin (BTC) since December 2021 with a potential to decline further in the [...]
Voyager Digital cuts withdrawal amount as 3AC contagion ripples through DeFi and CeFi
The Singapore-based crypto venture firm Three Arrows Capital (3AC) failed to meet its financial obligations on June 15 and this caused severe impairme [...]
SBF and Alameda step in to prevent crypto collapse contagion
Sam Bankman-Fried’s (SBF) Alameda Research is “stepping in” to prevent further contagion across the crypto sector during the current bear market. Nume [...]