Tag: evergrande

May 13 2022

Is Evergrande’s Fall Influencing the Depeg Issue for Tether?

The world’s largest stablecoin by market capitalization has fallen slightly from its dollar peg this week. There may be more to the situation than it seems, however. Tether decoupled from the dollar slightly on May 12 and has been a little volatile since. The world’s largest stablecoin dipped to around $0.95 and is still trading just below $1 at the time of writing....

Feb 02 2022

The Time Is Now For Bitcoin To Attract Capital Flight

Discussing macro economic trends in Fed appointments, Arizona making bitcoin legal tender and Chinese real estate companies.Watch This Episode On YouTubeListen To This Episode:...

Dec 09 2021

Oct 13 2021

Evergrande, Credit Spreads And Bitcoin

Greg Foss discusses, Evergrande, China's high-yield market and his valuation model for bitcoin.Watch This Episode On YouTubeListen To This Episode:...

Oct 04 2021

Hong Kong Halts Evergrande Stocks Trading, Here’s How Crypto Market Could React?

China's infamous real estate giant Evergrande's trouble seems to see no end as earlier today Hong Kong suspended trading of the Evergrande stocks along with several other property developer stocks. Evergrande is currently on a selling spree to avoid defaulting on its debt. The Chinese real-estate giant is now looking to raise $5 billion from The post Hong Kong Halts Evergrande Stocks Trading,...

Oct 01 2021

The Macroeconomic Implications Of Evergrande For Risk Assets And Bitcoin

As Evergrande collapses, China is close to becoming a high-yield borrower. In this debt spiral, bitcoin is the best hedge for investors.I have spent my career in financial markets, focusing on risk analysis and trading with a viewpoint that is honed through the prism of credit. I believe credit markets to be the most important, most informed, and unfortunately the most misunderstood...

Sep 30 2021

Bitcoin, Evergrande And The Deteriorating Situation In China

Evergrande cannot be viewed correctly except in the context of the overarching economic situation in China.Watch This Episode On YouTubeListen To This Episode:...

Sep 23 2021

What Safe Haven? Bitcoin Behaves Like Risk-Asset During Evergrande Mayhem

Sep 23 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin has suffered in the wake of the brewing Evergrande crisis in China. The leading Chinese junk-bond issuer has now missed two loan repayments. Its connection to the broader crypto market has been linked to Tether. The company behind the dollar-pegged stablecoin is said to hold bonds with the Chinese bank, which is one of the ways that it backs its stablecoin....

Evergrande Surges 27% Post Nationalization Rumors, Crypto Market Surge in Tandem

Sep 23 2021 Published at Coingape under tags  adabch adabnb adabtc adabusd adaeth

China's real estate giant Evergrande breathed a sigh of relief after the People's Bank of China injected nearly $19 billion into the banking system yesterday, in a bid to bailout the debt-ridden real estate giant. Evergrande has over $300 billion in liabilities, making it the most indebted real-estate company and many believe its fall could The post Evergrande Surges 27% Post Nationalization Rumors,...

Sep 22 2021

Evergrande Sell Off And Bitcoin

China's Evergrande Real Estate Group has sparked a larger market sell off, potentially impacting the bitcoin price.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now...

As China Sees Lehman Moment, Bitcoin Is A Godsend

The collapse of Evergrande and Chinese real estate developers underscores the promise of bitcoin, an asset disconnected from the global system.The below is a direct excerpt of Marty's Bent Issue #1080: "Nothing like the smell of credit risk contagion on a Monday morning." Sign up for the newsletter here....

Sep 21 2021

Crypto Gets Caught Up in the Selloff of Chinese Real Estate Giant Evergrande

The cryptocurrency market has dropped below $2 trillion for the first time since mid-August. The price of Bitcoin has decreased to $43,000 just two weeks after hitting the 4-month high on September 7 as other crypto assets are also posting heavy losses. The recent downturn seems to be strongly linked to the debt crisis of the Chinese property developer Evergrande, which has thoroughly...

Sep 20 2021

Here’s the Evergrande Connection to Latest Bitcoin (BTC) Price Crash

Sep 20 2021 Published at Coingape under tags  altcoin news bitcoin news btcbrl btcbusd btcdai

The Asian Time Bitcoin Crash came as a surprise to the investors. However, the Evergrande connection makes the fall appear to be more predictable. The Chinese Real Estate Giant, Evergrande was speculated to be the potential reason for the crash after getting banned from the US, in lieu of its $2 trillion debt. The Hong The post Here's the Evergrande Connection to Latest...

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