Voyager Discloses Its Funding Status

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Today’s Cryptocurrency Headline

Voyager has officially tweeted about its funding status, which currently holds about $1.3 billion in crypto assets on the platform and more than $650 million in claims against Three Arrows Capital. Voyager also has more than $350 million in cash at Metropolitan Bank of Commerce. Previously, on June 27, Voyager announced that it had issued a notice of default to Three Arrows Capital for failing to make the necessary payments on its previously disclosed loan of 15,250 bitcoins and $350 million.

BingX’s Bitcoin Chart

Source: TradingView & BingX

According to The Block, bitcoin miners earned $668 million in June, down 26.3 percent  from the previous month. Most bitcoin revenues came from the block reward subsidy ($656.47 million) and only a small portion from transaction fees ($11.47 million). Bitcoin price is almost flat during the weekend. The relative strength index (RSI) is in the negative zone, indicating that the bears have an advantage. The bulls are attempting to push the price back above $20,000. If they succeed, the BTC/USDT pair could again rise toward the 20-day EMA($21,187).

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