With a few notable exceptions, most of the top 20 cryptocurrencies by market cap are fluctuating 2 percent in either direction on the day. Wednesday, Feb. 13: Cryptocurrencies are seeing tempered price action overall. With a few notable exceptions, most of the top 20 coins by market cap are fluctuating 2 percent in either direction […]
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Mike Novogratz has argued that Bitcoin (BTC) occupies a unique place in the cryptocurrency landscape. Mike Novogratz, a former Goldman Sachs partner and founder of crypto merchant bank Galaxy Digital, has argued that Bitcoin (BTC) occupies a unique place in the cryptocurrency landscape. Novogratz made his remarks during an interview with Bloomberg TV on Feb. […]
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The $200 million legal proceedings over the de facto defunct exchange have interest from a raft of law firms. Embattled Canadian cryptocurrency exchange QuadrigaCX has become the subject of a bidding war as lawyers meet to win creditor representation, Bloomberg reported on Feb. 12. The hearing at the Nova Scotia Supreme Court on Feb. 14 […]
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Crypto investors and miners are turning to derivatives such as options in an attempt to survive the protracted market downturn. Crypto investors and miners are turning to derivatives such as options in an attempt to survive the protracted market downturn, a Bloomberg piece argues on Feb. 13. The article presents the increasing popularity of complex […]
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CEO Laurent Kssis told Bloomberg the company had no clue about hard forks and related concepts last year. Swedish Bitcoin (BTC) exchange-traded note (ETN) operator XBT Provider has shelved plans to offer altcoin products due to market volatility, Bloomberg reported on Feb. 13. Speaking to the publication, XBT’s CEO Laurent Kssis revealed the company did […]
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Morgan Creek Digital’s new major funding news follows CEO Anthony Pompliano’s endorsement of Bitcoin’s potential to avert a pension crisis. United States digital asset firm Morgan Creek Digital has secured $40 million in funding from investors that include two major pension funds, Bloomberg reported Feb. 12, citing a statement from the company. Morgan Creek Digital, […]
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According to venture capitalist Jalak Jobanputra, venture capital valuations have been hit hard by depressed cryptocurrency prices. Venture capital (VC) valuations have been deeply affected by the cryptocurrency bear market, says Jalak Jobanputra, founding partner of Future Perfect Ventures, in an interview with Forbes’ Balancing the Ledger on Feb. 11. Founded in 2014 in New […]
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As the Year of the Earth Pig has come, it is time to look back at what happened during the previous year. Happy Chinese New Year! As the Year of the Yellow Mountain Dog has drawn to a close, it is time to look back at what happened. While there was a promising start in […]
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JPMorgan Securities’ Joyce Chang has said that blockchain technology is still far from reaching institutionalization. Joyce Chang, global research chair at JPMorgan Securities, has said that blockchain technology is still far from institutionalization and must still overcome key hurdles before it can break through to cross-industry adoption at scale. Chang made her comments during an […]
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Experts have told the WSJ that the supposedly missing funds at QuadrigaCX crypto exchange could not be stuck, but missing. The $145 million in digital assets that are reportedly stuck in encrypted cold wallet storage of QuadrigaCX crypto exchange could actually be missing, according to analysts cited by the Wall Street Journal (WSJ) on Feb. […]
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