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Risk of ‘Significant Drawdowns’ Pushes Cypherpunk Holdings to Sell Entire Stash of Bitcoin and Ethereum
30.6.2022
On Tuesday, the Canada-based investment firm Cypherpunk Holdings Inc. announced that the company has sold all of its bitcoin and ethereum due to the “risk of further significant drawdowns.” The company has transitioned its treasury to cash after selling 214.72 bitcoin and 205.82...
75% of Marathon's mining fleet still offline two weeks after huge storm
29.6.2022
Marathon’s CEO Fred Thiel said that it will take time to get the facility back to full strength, but that the company could decide to speed up its move out of Hardin
Investment Firm Cypherpunk Holdings Sells All of Its Bitcoin and Ether
28.6.2022
The publicly listed firm has transitioned its treasury to cash amid increased market volatility, but it hasn’t ruled out reinvesting in cryptocurrencies when the market settles down
Spanish Government Wants Crypto Holders to Report their Transactions & Holdings from 2023
23.6.2022
Spanish authorities will force crypto owners to declare their crypto-related operations and coin holdings. The nation’s finance chief also stated that crypto exchanges will be forced to report on their customers’ activities from next year – and warned that similar European Union-wide measures...
Spanish Treasury Introduces New Crypto Tax Model Featuring Balance Reports
23.6.2022
The Spanish treasury has introduced a new series of requirements regarding the reporting and taxation of cryptocurrency holdings in the country. The new rules include the obligation of taxpayers to disclose all of their cryptocurrency holdings to the tax authorities, as well as their value...
More 'forced selling' ahead'? Purpose Bitcoin ETF holdings plunge by 51% in biggest outflow ever
20.6.2022
The shocking Bitcoin withdrawals appeared as BTC's extended its decline below $20,000 over the weekend
Cumberland Sees Massive OTC Moves During Crypto Market Rout — ‘Most Volume We’ve Seen This Year’
19.6.2022
During the last week, while crypto markets got hammered, digital currency-centric over-the-counter (OTC) trading desks were swamped with orders. The cryptocurrency OTC trading desk Cumberland, a subsidiary of DRW, explained that on June 13, the firm saw 30% more volume than the previous...
ECB Considers Capping Digital Euro in Circulation at 4,000 per Capita, Panetta Reveals
17.6.2022
With concerns about financial stability in mind, the European Central Bank (ECB) plans to limit digital euro holdings, according to Board Member Fabio Panetta. The plan is to have a maximum amount of digital cash in circulation similar to that of euro banknotes today, the official unveiled....
71% of high net worth individuals have invested in digital assets: Survey
16.6.2022
A new survey suggest most of the world's wealthiest have invested in digital assets and wealth management firms have been advised to prioritize providing education and advice
Is the bottom in? Raoul Pal, Scaramucci load up, Novogratz and Hayes weigh in
15.6.2022
Some high-profile investors have taken the recent market downturn as an opportunity to add to their crypto positions, though others warn there’s still a risk of worse to come
Miami International Holdings, Lukka Form Pact in Plan to Launch Crypto Derivatives
8.6.2022
Miami International Holdings (MIH), owner of the Miami International Securities Exchange, entered a pact with blockchain data firm Lukka to launch crypto derivatives
Czech Central Bank Plans Tenfold Increase in Gold Holdings, New Governor Says Precious Metal ‘Good for Diversification’
4.6.2022
The incoming governor of the Czech National Bank (CNB), Aleš Michl, has said he plans to increase the institution’s gold holdings almost tenfold from the current 11 tonnes to 100 tonnes. Michl also said he will ask the bank’s foreign exchange reserves management team to invest...
Kanye West Files Trademarks Describing NFT Technology After Denouncing the Digital Collectible Concept
2.6.2022
According to trademark filings with the United States Patent and Trademark Office (USPTO), the American rapper Ye (commonly known as Kanye West) is getting into the world of non-fungible tokens (NFTs) and the metaverse. The record producer’s company Mascotte Holdings Inc. filed...
Canadians buy the dip as Purpose Bitcoin ETF holdings reach new highs
1.6.2022
The Bitcoin spot ETF added to its holdings over the past five days, offering a positive sign that buyers were stepping in to take advantage of lower prices
Bitcoin Miners Are Selling Off Their BTC Holdings to Cope With Market Headwinds
1.6.2022
As the price of bitcoin falls, miners are cornered into powering off or selling their bitcoin
Basel Committee presses on with restrictive requirements for banks’ crypto holdings
31.5.2022
The committee of central banks and regulators has proposed a “conservative prudential treatment” of cryptoassets that banking groups say is prohibitive
Tether reports 17% decrease in commercial paper holdings over Q1 2022
19.5.2022
“This latest attestation further highlights that Tether is fully backed and that the composition of its reserves is strong, conservative, and liquid," said Paolo Ardoino
Algoracle Announces $1․5 Million Seed Round
18.5.2022
PRESS RELEASE. Algoracle has recently announced the close of its seed round for $1.5 million (USD) to help accelerate the development and launch of Algorand’s native decentralized oracle network. Algoracle’s seed round was led by Borderless Capital, with major contributions from...
Japan’s largest investment bank Nomura readies new crypto subsidiary
17.5.2022
The leading Japanese bank plans on establishing a crypto subsidiary outside of Japan and will acquire about 100 personnel to work in the digital asset space
Trust in stablecoins 'infinitely more important' than collateral
13.5.2022
As the debate over the trustworthiness of stablecoins intensifies due to Terra, one expert thinks builders should push for the coins to be decentralized with a clear use case