Suvashree Ghosh

Suvashree Ghosh is a Bloomberg reporter who covers cryptocurrencies and blockchain technology. She has been with the company since 2018 and has written extensively on the crypto sector.

Biography:  https://sg.finance.yahoo.com/news/three-arrows-creditors-include-crypto-giants-co-founders-wife-020102069.html

62%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

50%

Examples:

  • The article does not mention any regulatory or legal issues that affect the cryptocurrency sector.
  • The article does not provide a balanced view of the risks and challenges associated with cryptocurrencies.
  • The article seems to be biased towards the crypto industry and its growth potential.
  • The article uses positive language such as ‘jumped’, ‘interconnected’, and ‘bull run’ to describe the crypto market without acknowledging its volatility and instability.

Conflicts of Interest

60%

Examples:

  • The article does not reveal any potential conflicts of interest between DCG and Genesis on one hand, and other creditors such as Celsius Network, Voyager Digital, and Deribit on the other.
  • The article may be influenced by these companies' interests or agendas in presenting a positive view of the crypto industry.
  • The article mentions Digital Currency Group and Genesis as creditors of Three Arrows Capital, but does not disclose their roles or relationships with the crypto fund.

Contradictions

75%

Examples:

  • The article claims that traders are betting on Bitcoin to soon cross the record of almost $69,000 without providing any concrete evidence or analysis to support this prediction.
  • The article contradicts itself by saying that Three Arrows Capital was emblematic of the industry's excesses during last year's bull run, while also claiming that it had roughly US$3 billion in assets under management at its peak.
  • The article says that Bitcoin has jumped about 186% in the last 12 months but does not take into account the significant price increase during the pandemic.
  • The article states that Bitcoin has risen for the second straight day despite GBTC outflows, which implies a negative correlation between the two.

Deceptions

70%

Examples:

  • The article does not provide enough context or background for readers to understand the significance of Three Arrows Capital's bankruptcy and its impact on the crypto industry.
  • The article may be trying to mislead readers into believing that cryptocurrencies are a sound investment without addressing the risks and challenges involved.
  • The article uses deceptive practices such as omitting important information, making unsupported predictions, and contradicting itself.

Recent Articles

Bitcoin Surges to New Record High on Increased Demand from ETFs and Institutional Investment

Bitcoin Surges to New Record High on Increased Demand from ETFs and Institutional Investment

Broke On: Monday, 04 March 2024 Bitcoin price surges to new record high of $65,010 on Friday driven by increased demand from exchange-traded funds (ETFs). Despite slight dip in the afternoon, Bitcoin is still up more than 30% year-to-date and nearly 170% compared to this time last year. Increased institutional investment in ETFs such as BlackRock iShares Bitcoin Trust (IBIT) and Fidelity Investments' WBTC has fueled the surge.