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Coinbase Acquires One River Digital to Expand Institutional Access to Crypto Assets – Exchanges Bitcoin News

Cryptocurrency exchange Coinbase has acquired One River Digital Asset Management, an institutional digital asset manager and registered investment adviser with the Securities and Exchange Commission (SEC). This acquisition allows Coinbase “to expand institutional access to digital assets,” the crypto exchange said. Coinbase Expanding Institutional Access to Crypto Coinbase (Nasdaq: COIN) announced Friday

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FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation – Bitcoin News

On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total assets were found in FTX-related addresses, but only $694 million is considered “Category

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Bitcoin price stumbles amid investors’ aversion to risk assets, but there is a silver lining

The U.S. stock market is approaching a crucial turning point as uncertainty over inflation rises after hotter-than-expected economic data released in February. Despite mounting investor worries, the economy is showing signs of resilience that could protect it against a significant downside move. The escalating risk-off sentiment in the market is also

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FTX presentation shows ‘massive shortfall’ in firm’s assets

Bankrupt cryptocurrency exchange FTX has revealed a "massive shortfall" in its digital asset and fiat currency holdings with billions worth of customer funds missing from both the exchange and its United States-based arm, FTX US.  On Mar. 2 the exchange released a presentation showing FTX had $2.2 billion in exchange

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MicroStrategy Says It Doesn’t Have Any Assets Custodied With Silvergate

MacroStrategy, MicroStrategy’s subsidiary that handles its bitcoin purchases and holdings, received a $205 million loan from Silvergate Bank in March 2022 through its Silvergate Exchange Network (SEN) Leverage program. The loan is due in the first quarter of 2025 and that timing will not change, the company wrote in its

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Here’s why STX, CFX, SSV, AGIX and GRT are the top performing assets in February

The month of February was filled with investors’ hope that an earlier-than-expected Federal Reserve policy pivot would occur, but this sentiment faded as the inflation and employment data came in hotter than expected. While the start of the month was bullish for the crypto market, Bitcoin (BTC) retraced 60% of

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Artificial Intelligence Crypto Assets Continue to Surge, Accounting for $4 Billion in Market Value – Altcoins Bitcoin News

Following a brief downturn in mid-February 2023, artificial intelligence (AI) crypto assets have continued to see gains over the last 30 days. Currently, out of 74 listed AI-focused cryptocurrencies, the net value of all these tokens has risen to more than $4 billion, which accounts for 0.37% of the entire

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