Page 71 - Three Arrows News Today

The meltdown in cryptocurrency markets deepened this week, as major players contended with liquidations, withdrawal freezes, trading halts -- and, at least in one case, a bailout.

Three Arrows Capital (3AC) has filed for bankruptcy in the US. 

The slump of market now has gone up to an extent were, reportedly, $2 Trillion of market value has disappeared, leaving the participants uneasy heading into the long Fourth of July weekend.

Blockchain.com says it has filed for the immediate liquidation of all Three Arrows Capital's global assets. Read more at straitstimes.com.

A message from Voyager.

If you’re on a trading desk at a crypto lending platform, “unwind” will mean something very different to you this Fourth of July.

Last month was one of the worst for bitcoin, with BTC losing 41% of its value, falling short of historical trends.

In the recent development of news, it comes to light that, Coinbase is planning to explore European crypto market and is planning to open its operations in countries like France, Spain, Italy and the Netherlands.

FTX signed a deal with BlockFi that gives it the option to buy the crypto lender at a maximum price of $240 million.

Michael Novogratz, CEO of Galaxy Digital and renown author, joins Dan Weiskopf for this episode of The Blockchain Interviews to discuss the future of Bitcoin and digital assets.