Global investment bank JPMorgan has warned of the crypto market facing weeks of deleveraging stemming from the crisis at Sam Bankman-Fried’s crypto exchange FTX.com and trading platform Alameda Resear...
Tag: Deleveraging
Bitcoin holds $20K, but analysts say BTC open interest leaves room for ‘more deleveraging’
Bitcoin’s (BTC) price continues to struggle at $20,000 and repeat dips under this level have led some analysts to project a deeper downside in the short term. Earlier in the week, independent market a...
JPMorgan Sees Retail Demand Improving, Ending ‘Intense Phase’ of Deleveraging
JPMorgan Chase & Co. (JPM), a US investment banking giant, issued a report on Thursday stating that demand among retail investors in the crypto market is improving. The report further said that th...
90% of the Crypto Deleveraging is Already Done, Says Mike Novogratz
Galaxy Digital CEO Mike Novogratz shared his latest insight on the state of the crypto market in an interview with CNBC, predicting that it is close to the bottom after massive leveraged positions wer...
Crypto Deleveraging Could Be Nearing Its End- What it mean for Altcoins?
While the crypto markets continue to be volatile, there’s still a possible chance of deleveraging needed to happen. However, JPMorgan Chase & Co. believe the stated to be well advanced, indicating...
Better days ahead with crypto deleveraging coming to an end — JPMorgan
The historic deleveraging of the cryptocurrency market could be coming to an end, which could signal the close of the worst of the bear market, according to a JPMorgan analyst. In a Wednesday note, JP...
Is This Crypto Space Deleveraging Cycle Not Really Extensive? JP Morgan Thinks So
The cryptocurrency has been going through a lot of bearish trends in the past few months. A recent report by JP Morgan highlighted that the crypto hedge fund Three Arrows Capital (3AC)’s recent meltdo...
Crypto Market Deleveraging Might Soon End, JPMorgan Argues
Nearly $2 trillion in crypto market value has evaporated in months since the sky-rocketing prices in November last year. But, according to JPMorgan Chase & Co.’s Nikolaos Panigirtzoglou, the delev...
Inside crypto’s ‘biggest deleveraging event’ and the Three Arrows Capital fallout
Episode 57 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Larry Cermak, and Evgeny Gaevoy, CEO of Wintermute. Listen below, and subscribe to The Scoop on Apple, Spo...
Crypto, stocks sink as ‘global deleveraging’ kicks in
It’s a red day for crypto markets with only 0X and ApeCoin managing to buck the trend. Dogecoin leads the most significant losses of the top ten, down almost 10%. Excluding stablecoins, BNB and SOL fa...