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The co-founder of Gemini, Cameron Winklevoss, shared in an update on Twitter that global investment bank Houlihan Lokey had devised a plan on behalf of the creditor committee to resolve the liquidity issues at Genesis and its parent company Digital Currency Group (DCG). According to Winklevoss, resolving the liquidity issues
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Bitcoin (BTC) broke below $16,800 on Dec. 16, reaching its lowest level in more than two weeks. More importantly, the movement was a complete turnaround from the momentary excitement that had led to the $18,370 peak on Dec. 14.Curiously, Bitcoin dropped 3.8% in seven days, compared to the S&P 500
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Busan wants to integrate blockchain technology into all facets of government service, and create the first city-run crypto exchange. Source
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But it’s not just media outlets. It’s brands, governments, not-for-profits, bloggers – anyone striving to grab a piece of the world’s limited supply of audience attention is locked into a competitive dance ruled by Google’s search algorithm. From that structure was built Web2’s core business model: the sale of user
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While censorship resistance and privacy are not the same thing, they are closely intertwined. When the government or another entity, such as an advertiser, can track everything you do, they can also sanction you for bad behavior. Instead of working backward to try and cover up seismic cracks in Web2
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The Republicans had long been expected to win the House, though their eventual majority will be unexpectedly slim, and Democrats managed to fend them off from taking over the Senate. While a small number of House races still await final results, Republicans can now expect to soon install their new
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Fidelity Digital Assets, a subsidiary of Fidelity Investments, says that bitcoin could be considered portfolio insurance. The firm notes that the cryptocurrency “may soon stand in stark contrast to the path that the rest of the world and fiat currencies may take — namely the path of increased supply, additional
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Prices for risky assets tumbled after the CPI release, with bitcoin falling from $22,700 to nearly $21,000. Ether, the native token of Ethereum's blockchain, dropped from $1,760 to $1,594, in a sign of the macroeconomic development overpowering the bullish narrative surrounding that blockchain’s Merge – an expected transition this week
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"Bitcoin is is range bound at the moment," said Nauman Sheikh, managing director at investment advisors Wave Financial, told CoinDesk TV's First Mover program. "It's hit a $25,000, sort of resistance level. So has Ethereum hit a 2000 resistance level. We're in a mode where the macro environment is supportive
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The fund opened with just internal capital during what may end up being the depths of the bear market in the second quarter. The timing could turn out to be propitious, giving the fund the opportunity to put together an early record of outperformance, Portfolio Manager Chris Rhine and Global
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