News Formal

Cumberland Says Financially Burdened Crypto Firms Are 'Hanging Over the Market Like a Cloud' – Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

In a recent Twitter thread, Cumberland explained on July 5 that “​​rangebound price action belies a volatile picture below the surface.” CryptoEconomy BurdenedCryptoFirms

that discusses the recent financial hardships spreading across crypto companies. Cumberland noted that while markets are quiet, things could get volatile again due to burdened crypto companies “halting withdrawals, reducing headcount, and hiring restructuring firms.” Cumberland added:

The assets of these companies will, at some point, need to be liquidated in order to partially offset their outstanding liabilities. Uncertainty around the size and timing of these asset sales is hanging over the market like a cloud. Cumberland: ‘Excessively Levered Finance Companies Have Been Punished in Bear Markets for Hundreds of Years’

In 2022, thousands of crypto employees have been let go from a slew of well known crypto-asset and blockchain companies. Firms that have

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 531. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

I wonder how much usdt things will cost later

DKSCOMEBACK 🔥

dks dksnewath is coming newlisting

dks

dks new listing

have you seen this? BITSU in the best gainers list on CoinMarketCap

Accumulating ETH with this bot so I can buy more Dogecoin 😇

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Cumberland: Potential crypto liquidations are 'hanging over the market like a cloud'Chicago-based crypto trading firm Cumberland said that potential liquidations of crypto assets are keeping prices down. Bullish 🚀 nuke dem all Timccopeland When you have FUD overdoses everyday... It's kinda boring
ソース: TheBlock__ - 🏆 464. / 53 続きを読む »

Market Watch: Bitcoin Tests $20K as Crypto Markets Add $50 Billion in a DayThe crypto market cap added over $50 billion in a day as bitcoin spiked above $20,000 and ETH is up 9%.
ソース: Crypto_Potato - 🏆 568. / 51 続きを読む »

Market Wrap: BTC Settles at $20K as Voyager Files for BankruptcyMARKET WRAP: Bitcoin settles at $20K as crypto lender Voyager files for bankruptcy. JimmyHe32 reports. JimmyHe32 I see so many times this news in here. Btw why the market not dump yet? JimmyHe32 BabyDogeCoin
ソース: CoinDesk - 🏆 291. / 63 続きを読む »

Mike McGlone Thinks Next Six Months Will Turn Out Better for Crypto Market.mikemcglone11 gives quite optimistic forecast on crypto market for the 2H of 2022 btc $btc crypto shib
ソース: Utoday_en - 🏆 295. / 63 続きを読む »