Bitcoin futures trading plummeted as 2022 came to a close. Bitcoin futures volumes were just $386.6 billion in December, according to The Block’s data. Volumes were down 39% month-on-mont...
Tag: Organizations
Bitcoin, crypto prices inch higher as Silvergate woes worsen
Crypto prices rose over the past week as equities fell on a plethora of negative news. Bitcoin was changing hands for $16,910 at 7:30 a.m. EST, according to data via TradingView. The leading cry...
Bitcoin, ether steady, as crypto stocks continue downtrend with Silvergate shedding 10%
Bitcoin and ether traded steady on Friday, while altcoins dipped and memecoins surrendered gains. Losses for crypto-related stocks continued as Silvergate plunged 10%. Bitcoin was trading arou...
Bitcoin and ether down; Silvergate plunges 40%
Crypto prices steadied while stocks tied to digital assets sank on ratings news and financial results. Bitcoin was trading at roughly $16,800 by 1 p.m. ET, down 0.3%, according to TradingView d...
Coinbase shares jump over 12% following settlement with New York regulator
Coinbase shares soared following the exchange’s $100 million settlement with a New York state financial regulator. Coinbase shares rose 12.3% to $37.65 at 12:30 p.m. EST, according to Nasd...
Crypto asset funds saw inflows plummet 95% last year to just $433 million
Crypto asset funds clocked the worst year since 2018, with inflows plummeting 95%. Funds tracked by CoinShares netted a total of just $433 million in 2022 compared to a massive $9.1 billion in t...
Ether, altcoins higher as solana soars 14%, Coinbase gains pre-market after Tuesday’s drop
Crypto prices rose, with solana experiencing the most significant gains. Coinbase rose in pre-market trading after slumping 5% yesterday. Bitcoin was trading at $16,803 at 8 a.m. EST, up 0.6% f...
Core Scientific will cut power to 37,000 Celsius miners: Bloomberg
Core Scientific will cut off power to 37,000 mining rigs for which Celsius still owes payment, the two now-bankrupt companies agreed. Bloomberg first reported the news. The agreement marks the ...
Crypto winter exacts new tolls as companies brace and restructure
Wyre and EmpireDAO are the two latest companies to fall victim to crypto winter. Founded nearly a decade ago, payment provider Wyre let a number of employees go, with two laid-off workers confir...
Bitcoin dips while dogecoin drops 10% and MicroStrategy stock falls
Crypto prices fell over the past week as dogecoin led the losses. Crypto stocks traded higher for the most part, while MicroStrategy declined. Bitcoin was changing hands for $16,550 at 10 a.m. ...
Binance.US deal with Voyager may fall under federal committee review
An agreement between Binance.US and bankrupt crypto lender Voyager Digital may be subject to review by the Committee on Foreign Investment in the United States (CFIUS), court filings showed. The...
Valkyrie wants to ‘manage and sponsor’ Grayscale’s GBTC
Valkyrie Investments said it has a proposal for Digital Currency Group’s struggling Grayscale Bitcoin Trust and that it’s ready to become a “sponsor and manager” of the fund. “...
Grayscale’s GBTC’s beating this year very likely to persist
Grayscale’s flagship product, the Grayscale Bitcoin Trust (GBTC), grabbed headlines throughout the year — typically for the wrong reasons. Grayscale foresees a limited possibility of relief over...
Bitcoin, ether dip as crypto stocks trade higher
Crypto prices dipped after a week of relatively flat trading, while crypto-related stocks traded higher with Coinbase adding 2%. Bitcoin traded at around $16,700 at 9:30 a.m. ET, dropping about ...
Bitcoin plunged 65% in 2022 as Terra, FTX went up in flames
In case you missed it: Crypto prices plunged this year thanks to industry gaffes and the wider — and very damaging — macroeconomic environment. The global crypto market capitalization plunged to...
Marshall Islands Passed Decentralized Autonomous Organizations Act
Crypto regulations remained among the hot topics around the space and it holds debatable points for both its support and opposition. Recently Brazil was reported to pass the law making bitcoin (BTC) p...
Most mining stocks decline on Thursday
Most Bitcoin mining stocks tracked by The Block fell on Thursday. Bitcoin was down and trading a bit under $16,800 by market close, according to data from TradingView. BTCUSD Chart b...
Stocks tumble as Core Scientific files for bankruptcy
Most Bitcoin mining stocks tracked by The Block declined on Wednesday, as Core Scientific filed for Chapter 11 bankruptcy protection. Bitcoin was up and trading a bit under $16,800 by market clo...
Bitcoin, crypto prices little changed as Coinbase, Block trade higher pre-market
Crypto prices were little changed over the past day while Coinbase and Block shares traded higher in pre-market hours. Bitcoin was trading at around $16,800 at 9 a.m. EST, up 0.2% over the past...
Media Organizations To Return Grants By SBF
After the charges were filed by the justice department, the media companies that received money from the former FTX CEO, SBF, or his foundations, are freezing the cash. The business tycoon has been ch...
Coinbase hit an all-time low yesterday but says it’s not all bad news. Mostly.
It’s been a tough year for crypto. But Coinbase, whose stock has been flirting with an all-time low, laid the ground for optimism in its 2023 Crypto Market Outlook. Factors including susta...
Stocks mixed as bitcoin rallies
Bitcoin mining stocks tracked by The Block showed mixed results Tuesday, with about half trading up and the other half down. Bitcoin was up and trading a bit under $16,900 by market close, accor...
Bitcoin, crypto prices higher, Grayscale’s GBTC discount to NAV narrows
Crypto prices rose marginally and most crypto-related stocks were lower shortly after the open. Bitcoin was trading at around $16,800 at 9 a.m. EST, up 0.6% over the past 24 hours, according to...
Coinbase, Binance enjoy market share gains after FTX demise
The Block tracks spot market share for cryptocurrency exchanges with fiat support. Only the largest exchanges with trustworthy reporting of exchange volume metrics are included. Binance’s market...
Grayscale may return some capital to investors if GBTC’s ETF dreams fail: WSJ
Grayscale Investments will explore how to return up to 20% of its Grayscale Bitcoin Trust’s capital to shareholders if it cannot turn the product into an exchange-traded fund. A tender off...
Bitcoin slips, struggles to hold $17,000, Binance’s BNB slumps even further
Cryptocurrencies and crypto-related stocks were down in line with broader financial markets after a busy week of economic data and, of course, the arrest and charging of Sam Bankman-Fried. Bitco...
First Hong Kong bitcoin, ether ETFs lure nearly $75 million with trading set to begin Friday
CSOP Asset Management, a China Southern Asset Management subsidiary, will list the first bitcoin and ether ETFs on the Hong Kong Stock Exchange on Friday. CSOP Bitcoin Futures ETF and CSOP Ethe...
Core Scientific rallies alongside other industry stocks
Most bitcoin mining stocks tracked by The Block saw price increases on Wednesday. Bitcoin was trading at around $17,800 by market close, according to data from TradingView, after spiking to $18,...
Bitcoin, crypto prices fall on Fed’s latest decision, US stock indices drop
Crypto markets pared gains alongside traditional counterparts as the Federal Reserve increased interest rates by 50 basis points. Bitcoin dropped 2%, trading at $17,926 at 2:20 p.m. EST followi...