Controlling shareholders' stakes in GBTC are 'highly illiquid': Report
"It's net good news for GBTC shareholders and FUD fighting," said Selkis.
External news feeds 1799/1840
US House committee sets Dec. 13 date for FTX hearing
The House event, titled "Investigating the Collapse of FTX," will follow a similar hearing in the Senate Agriculture Committee scheduled for Dec. 1.
Staking tech firm Kiln closes $17.8 million, eyes future ETH staking demand
Staking infrastructure firm Kiln has closed a $17.8 million fundraising round led by the likes of Consensys, GSR and Kraken Ventures.
MakerDAO community votes against CoinShares’ $500M investment proposal
Over 70% of the community’s votes were against CoinShares’ proposal to invest MakerDAO’s funds into various traditional assets.
Price analysis 11/28: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT
Turmoil in China, concerns over the global economy and BlockFi’s bankruptcy filing are all weighing on crypto markets this week.
Fidelity Begins Opening Retail Bitcoin Trading Accounts
Certain users have received emails detailing their new access to purchase and sell bitcoin on the Fidelity platform.Fidelity, one of the world’s largest financial services providers, has officially started opening retail bitcoin trading…
Kraken settles with US Treasury's OFAC for violating US sanctions
The U.S.-based crypto exchange agreed to pay more than $362,000 as part of a deal “to settle its potential civil liability” related to violating sanctions against Iran.
Crypto Lender Blockfi Files for Bankruptcy Protection to ‘Maximize Value for All Clients’
On Nov. 28, 2022, the crypto lender Blockfi informed the public via a press release that the company has voluntarily petitioned for Chapter 11 bankruptcy protection. Blockfi is now one of many digital currency businesses dealing with significant…
Jack Dorsey’s Block sues Bitcoin.com for trademark infringement
“The use of the designation "VERSE" constitutes an infringement of our client's trademarks under German trademark law,” Block’s legal counsel said in a letter to Bitcoin.com.
FTX logos and promotional material still everywhere despite bankruptcy proceedings
Though some officials have removed all traces of their deals with FTX, the firm's branding still appears on a few sports venues and merchandise.
Crypto fund investment still dominated by the United States: Database
Crypto database shows that most firms are venture capital at 52.8%, followed by hedge funds with 44.3% and then private equity and mutual funds at 2.9%.
Game7 allocates $100M in open-source technology grants for Web 3.0 gaming companies
"We're looking to support teams building innovative open-source infrastructure that can accelerate the blockchain gaming space and foster collaboration," wrote Game7 in its FAQ.
Bitcoin At $1,000: Looking Back At Nine Years Of Bull Run
If the first part of the above headline about Bitcoin price had your heart pumping, it might be time to reduce the amount of leverage you are using. No, we aren’t calling for BTC to reach a target of $1,000 – we are instead looking back and…
Terra Supporters Hope to ‘Defy the Odds’ by Pumping the Now-Defunct Stablecoin USTC Back to $1 Parity
It’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has remained depegged from the greenback since May 9, 2022. Currently, the former stablecoin is exchanging hands for $0.02 per…
Biggest Movers: DOGE Down 10%, XRP Extends Declines
Dogecoin was down by as much as 10% to start the week, as the token retreated from Sunday’s high. The meme coin raced to a three-week high over the weekend, however bulls appeared to have abandoned their positions, opting to secure profits…
Why The Bitcoin Miners’ Revenue Hit Lowest Point Since 2020
Many crypto investors are still skeptical about the profitability of Bitcoin mining. This is not surprising considering the growing rate of energy prices in recent times. Moreover, the Bitcoin miners’ revenue has been on a downtrend since…
Crypto Lender BlockFi Files For Bankruptcy
The filing indicates that the firm could have up to $10 billion in liabilities, as contagion from FTX spreads.BlockFi has filed for chapter 11 bankruptcy, according to a press release.The lending platform is the latest victim of contagion within…
Genesis Bankruptcy by EOY Now At 59% – Sentiment Of Bitcoin Investors Pivots
A possible Chapter 11 bankruptcy of Genesis Trading and parent company DCG is still depressing the sentiment on the Bitcoin market. Genesis last commented on Twitter on November 16. Parent company DCG last spoke out on November 18 via the social…
BlockFi files for bankruptcy, as many expected, cites FTX collapse for its troubles
The crypto lender was previously "rescued" by FTX following the LUNA stablecoin collapse.
Bitcoin will 'teleport' to $14K or worse if BTC breaks $16K — analyst
Bitcoin faces pressure from China, a stock market trend in addition to the FTX fallout.
Tokenized government bonds free up liquidity in traditional financial systems
There are a number of benefits associated with tokenized government bonds, yet adoption may take time.
Bitcoin Seen Dropping To $10,000, This Asset Management Co-Founder Predicts
Bitcoin returned to the bottom of its current range and might see further downside pressure in the coming days. The cryptocurrency is still recovering from the collapse of FTX, the former second major crypto exchange in the world, and the contagion…
Stablecoin Economy Continues to Shrink Shedding Close to 5% in 2 Months
During the last month, the market capitalization of all the stablecoins in existence dropped by more than 2%, shedding roughly $2.98 billion since the end of October. Statistics show that tether, the largest stablecoin by market valuation, saw its…
Ethereum Loses Demand Zone Again As Bears Dominate – Is $700 Realistic For Investors?
ETH price losses key demand zone of $1,200 again Price remains weak as bears battle bulls; so much uncertainty in the market ETH price gets rejected from a low of $1,220 on the high timeframe The price of Ethereum (ETH) trading below $1,200…
The metaverse is a new frontier for earning passive income
Those looking to earn passive income in the metaverse have several available options, but how profitable and durable these are isn’t yet clear.
BCH Price: Investors May Not Want To Go Long Yet On BCH – Here’s Why
Bitcoin is the king of crypto brand awareness for Aussies: Report
The IRCI report states that Australians still believe in Bitcoin and that the boomer demographic is growing in conviction.
Bitcoin Price Needs To Hover Over These 2 Levels To Gain Momentum
Bitcoin continues to face strong resistance at the $17,000 price ceiling. Over the last 24 hours, Bitcoin lost 2% of its market value. In the past week, BTC has hovered around the same price region. The King Coin has not touched the $17,000 price…
Binance CEO explains 127K BTC transfer, points at proof-of-reserve audit
A few weeks ago, Binance CEO declared that exchanges moving large amounts of crypto to prove their wallet address is not good news.