Cryptocurrency Analysis and News Portal
Cryptocurrency conglomerate Digital Currency Group (DCG) has reportedly begun to sell its holdings in crypto funds managed by its subsidiary Grayscale Investments as it looks to raise capital and preserve liquidity.According to a Feb. 7 Financial Times report citing seen United States securities filings, DCG sold around a quarter of
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Joe DiPasquale, CEO of crypto fund manager BitBull Capital, told CryptoX that institutional investors’ preference for BTC represented “the safest choice in a bear market.” He noted that Ethereum’s upcoming protocol updates might be raising concerns about an increased “risk of things going wrong,” and added that the Shanghai hard
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“This implies that larger and longer-term investors currently hold profitable on-paper spot positions,” Bitfinex analysts wrote in a report. “This trend is healthy for the latter half of a bear market as a sustained 30-day uptrend after an extensive downtrend on this indicator has historically provided a good buy signal
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News television channel Fox said Monday that it barred cryptocurrency commercials in this year’s Super Bowl on February 12th following the collapse of crypto exchange FTX, the New York Post reported earlier. Source
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A confidential United Nations report has revealed North Korean hackers stole more crypto assets in 2022 than in any other year so far.The UN report, seen by Reuters, was reportedly submitted to a 15-member North Korea sanctions committee last week. It found North Korean-linked hackers were responsible for between $630
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Fans watching the Kansas City Chiefs face off against the Philadelphia Eagles in Super Bowl LVII on Feb. 12 will reportedly not see a plethora of ad spots for cryptocurrency companies as they did in 2022.According to a Feb. 6 Associated Press report, there had been four potential deals with
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On Feb. 6, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” which revealed that investors are showing a strong interest in digital asset investment products, with inflows totaling $76 million last week, marking the fourth consecutive week of inflows.The report indicates a change in investor sentiment
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Revolut, which has around 25 million customers worldwide, the vast majority of whom are in the U.K. and EEA, is rolling out the service this week, AltFi said. At first, the London-based fintech will support staking of the tokens of Polkadot (DOT), Tezos (XTZ), Cardano (ADA) and Ethereum (ETH). Yields
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Troubled cryptocurrency lending firm Hodlnaut is reportedly working with several potential investors to sell its business and other assets.A number of potential buyers have inquired about purchasing Hodlnaut and its claims against the collapsed crypto exchange FTX, Bloomberg reported on Feb. 6.Hodlnaut’s interim judicial managers have received multiple proposals to
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Millions of dollars worth of China’s Central Bank Digital Currency (CBDC) has been handed out across the country over the Lunar New Year period in a bid to boost its takeup.According to a Feb. 6 report in the Global Times, an English-language outlet of the state-ran People’s Daily newspaper, around
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