Cryptocurrency Analysis and News Portal
Universe Finance has announced the date for its highly anticipated IDO. The IDO is set to run over a three-day period, beginning on February 15th and ending on February 18th. During this IDO, supporters and users of the platform will be able to purchase tokens at a cheaper rate compared
Read More
Xen Baynham-Herd, global head of asset management at crypto exchange and digital wallet provider Blockchain.com, is leaving the business, Cryptox has learned. Source
Read More
So says Michael Cembalest, J.P. Morgan Asset & Wealth Management’s chairman of market and investment strategy, in a report that riffs on “The Maltese Falcon,” the 1941 film about a priceless artifact that comes to symbolize greed, and which turns out, in the end, to be fake. Original Source
Read More
While Bakkt faces 90% erosion in its market cap, the company spokesperson confirms that they are well capitalized for their long-term plans.While cryptocurrency prices have plummeted severely over the last two months, crypto asset management platform Bakkt (NYSE: BKKT) has witnessed a deeper correction in its stock price. Shares of
Read More
"The Bitria acquisition positions Gemini as the first end-to-end technology platform empowering wealth and asset managers to meet rising demand among their clients for accessing and managing a full range of crypto investments," Dave Abner, Gemini’s global head of business development, said in the statement. Source
Read More
AUM in the Grayscale Bitcoin Trust, the firm’s largest holding, has decreased from $43.5 billion to $30.4 billion, a 30% decline during this time. The AUM of its second biggest holding, the Grayscale Ethereum Trust declined from almost $15 billion to $11.6 billion, a 22% drop. Original Source
Read More
The construction of the data center, which will focus on bitcoin mining and other energy-intensive applications, will start in the first quarter of 2022.Dec 21, 2021 at 11:00 p.m. UTCUpdated Dec 21, 2021 at 11:02 p.m. UTCCrypto mining machines (Christinne Muschi/Bloomberg via Getty Images) Original Source
Read More
Denver-based investment firm Kelly Strategic Management has filed for an exchange-traded fund (ETF) offering exposure to Ethereum (ETH) futures contracts.The move comes just three months after VanEck and ProShares suddenly withdrew their ETH futures ETF applications on the same day in August. According to a Nov. 29 filing with the
Read More
Lancium, the Houston, Texas- based data center power management firm, has raised $150 million in financing led by clean energy provider Hanwha Solutions, according to a press release.The company said Novawulf was among other strategic energy investors, while other existing, early stage investors such as SBI Holdings also participated in
Read More
To understand the complexity of digital rights management, or DRM, one must first understand the DRM challenges of current systems and then the challenges (and opportunities) presented by blockchain technology that prides itself on transparency, data linkage and immutability as some of the main characteristics that lends itself to the
Read More