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Digital Currency Group to Sunset Tradeblock, Cites ‘Regulatory Challenges’ and ‘Prolonged Crypto Winter’
26.5.2023
Digital Currency Group has revealed its decision to sunset its institutional trading platform, Tradeblock, on May 31, 2023. The company attributes the move to the “challenging regulatory environment” and the enduring effects of the “prolonged crypto winter,” signaling...
First Mover Americas: Digital Currency Group is Closing Down TradeBlock
26.5.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for May 26, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Tradeblock, DCG Subsidiary, to Be Shuttered Due to Crypto Winter
26.5.2023
Amid an ongoing crypto market downturn, digital asset-focused venture capital firm Digital Currency Group (DCG) has announced it is closing its subsidiary TradeBlock which offers its trading services to institutional investors.
The trading platform is scheduled to be shut down on May 31, Bloomberg...
DCG’s Subsidiary TradeBlock Is Shutting Its Doors: Bloomberg News
26.5.2023
TradeBlock, an institutional investor focused subsidiary of Barry Silbert’s crypto conglomerate Digital Currency Group, is closing down, according to Bloomberg News.
“Due to the state of the broader economy and prolonged crypto winter, along with the challenging regulatory environment for digital...
Digital Currency Group to shutter institutional trading unit TradeBlock
26.5.2023
Starting from May 31, TradeBlock will commence the official procedure of winding down its operations
DCG Sunsets Trade Execution, Prime Brokerage Unit TradeBlock
25.5.2023
The crypto conglomerate suffered a loss of more than $1 billion last year
CoinDesk Acquires TradeBlock, Adding Indexes and Pricing to News, Events Offerings
5.1.2021
CoinDesk said it’s positioned to be the leading source of crypto news, information and data for the rapidly growing sector
Bitcoin Mining Rigs Struggle for Profits, Despite BTC’s Hashrate Reaching an All-Time High
16.10.2020
Bitcoin’s hashrate climbed to an all-time high (ATH) this week touching 166 exahash per second (EH/s) on October 14. Meanwhile, despite the recent price rise and hashrate ATH on Wednesday, only a small group of next-generation mining rigs are profiting at current bitcoin exchange rates....
93% of Bitcoin’s Supply Profitable at $11K, ‘Realized Price’ Recovers from Black Thursday
29.7.2020
Onchain data shows that bitcoin’s breakout above $11,000 puts 93% of the circulating supply in a state of profit. Additionally, seven-day metrics show that bitcoin’s “realized price” has recovered from the low that took place on March 12. The research and analysis firm...
BTC Hashrate Follows Price Drop – 20% Lower Before Bitcoin Halving
16.3.2020
Four days ago, digital currency markets lost billions and prices sank to levels not seen since last March. The market bloodbath has affected bitcoin miners as they are making fewer profits than they were a week prior. By Monday, March 16, BTC’s hashrate slid below the 100 exahash (EH/s)...
You Call That Volatility? Bitcoin Traders Scoff at Wall Street’s Gyrations
9.3.2020
As traditional markets undergo a level of anxiety not seen since the 2008 recession, the cryptocurrency industry showed few existential signs of distress
Bitcoin Rebounds as Coronavirus-Infected Stocks Get Jolt From Fed, BOJ
2.3.2020
Bitcoin jumped the most in two weeks Monday, surging alongside U.S. stocks amid speculation that the Federal Reserve and other central banks will support markets as the coronavirus spreads
Tradeblock Estimates Post-Halving Mining Cost of $12,500 per BTC
15.2.2020
On February 7, the blockchain analytics provider Tradeblock published a report about the upcoming BTC reward halving. BTC’s block reward is expected to halve on or around May 12, 2020, and Tradeblock’s report estimates that the cost to mine BTC will be over $12,500 after the halving....
Canaan’s Post-IPO Stock Plunge Reveals Sales Slump, Price War With Bitmain
17.12.2019
Cryptocurrency mining computer-maker Canaan Inc. may have picked the worst time for its initial public stock offering