The discount between the share price of the Grayscale Bitcoin Trust and the equivalent value of its underlying bitcoin has widened to 31% from 28.4% on Thursday – a sign of waning optimism after the SEC rejected a proposal to convert the investment vehicle into an exchange-traded fund.
There’s now major upside to crypto mining stocks, even with significantly lowered earnings and hashrate projections.
CoinDesk: From One to Zero: BlockFi’s Fire Sale Shows the Uber Startup Model Is Disastrous for Finance
Peter Thiel’s monopolistic theories about building companies have clearly hit their limit: banking.
La última compra por parte del país centroamericano había sido en mayo.
Crypto markets saw heavy losses with investors increasingly worried about high inflation and Federal Reserve rate increases. Some analysts say the bitcoin price could go even lower.
Zhong’s exit comes weeks after the company’s former CEO Jae Kwon announced that he was re-joining the company as the CEO of Ignite spin-off “New Tendermint.”
Web3 experts are cautiously welcoming the first major jurisdiction’s attempt to regulate crypto – but first they must resolve the MiCA law’s paradoxes – like when is a non-fungible token fungible?
CoinDesk: Troubled Crypto Lender Babel Finance Looking to Hire Restructuring Specialist Houlihan Lokey: Sources
Babel is in the process of signing an engagement letter with the investment banking firm, a source said.
Las pruebas de NFTs en Facebook siguen a una serie de integraciones piloto en Instagram que sucedieron en mayo.
Susquehanna-backed Hxro is using dummy tokens as collateral to stress test its derivatives marketplace on Solana mainnet.