Avalanche Withdraws From Three Arrows Capital Amid Liquidation Concerns
The hedge fund Three Arrows Capital liquidation issues saw Avalanche pulling away from the firm as it stated on Friday that it has little exposure to it. Avalanche mentioned in a tweet that Three Arrows never had any influence over Avalanche’s treasury funds. The comments come as Three Arrows’ positions face potential liquidation as the […]
Theta Network (THETA) Gained 20% In A Day On This
The Theta Network (THETA) has become one of the best-performing cryptocurrencies when the value of its token increased by 20% in one day. Sony partners with THETA to release 3D NFT As the global crypto industry made some recovery, Theta Network announced its partnership with Sony Electronics. The tech giant will release the 3D NFT […]
Ethereum (ETH) Price Drops 13%, Here’s Why Slip To $1,016 Is Detrimental
Ethereum (ETH) has been under pressure lately as it dropped about 13% in one day to trade at $1064 and is also on the verge of a huge selloff if it plummets further to $1016. As big lenders liquidate positions, the massive selloff will be triggered by the liquidation of Three Arrows Capital. If the […]
Three Arrows Capital Liquidates 15K ETH On Compound As Liquidation Pressure Intensifies
Crypto hedge fund Three Arrows Capital, has been seen liquidating its holding in an effort to settle the debt and prevent the company’s liquidation. In just one hour, a wallet linked to Three Arrows Capital liquidated almost 15k ETH on Compound. Apart from this wallet, Three Arrows Capital has started liquidating its holdings in its […]
USDD De-peg Intensifies As Tron’s TRX plummets 19%
The Tron’s native token, TRX took a hit over the last 24 hours after it plummeted in value, meanwhile, USDD stablecoin de-pegging has also intensified. TRX dropped as much as 19% and is now trading at $0.05, its lowest level in 15 months. In the last 24 hours, the token has also been the worst […]