9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
The revival of the market will determine the speed with which troubled firms liquidate assets in favor of more successful players in the industry. This opinion was reached
The revival of the market will determine the speed with which troubled firms liquidate assets in favor of more successful players in the industry. This opinion was reached by the experts of market maker Cumberland.
The assets of these companies will have to be liquidated at some point to partially offset their outstanding liabilities. Uncertainty about the size and timing of these asset sales hangs like a cloud on the market.
– Cumberland (@CumberlandSays) July 5, 2022
According to them, the developing situation in the crypto money market is “not different from the examples in the textbooks”. Over-leveraged financial companies have been penalized in bear markets for “hundreds of years.”
“Uncertainty about the volume and timing of the sale of assets suspended in the market like a cloud”, Analysts stressed.
If the process in DeFi is transparent, predictable, sequenced by algorithms, outside the network it is confusing, time-consuming and fraught with legal challenges. Experts believe that the excess of liquidations will restrict capital raising, reduce liquidity and increase volatility.
Earlier, one of the leading stablecoins crashed in Cumberland.
Binance CEO Changpeng Zhao said the bitcoin exchange is in “recovery talks” for more than 50 companies.
Prior to that, the head of FTX had warned of the “hidden bankruptcy” of some trading platforms.
Read ForkLog bitcoin news in our Telegram – cryptocurrency news, courses and analysis.
Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
