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Bitcoin Price Briefly Drops Below $26K as Crypto Traders Suffer $1B in Liquidations

Bitcoin (BTC) is trading near $26,000, as the largest cryptocurrency by market cap is on track for its worst weekly decline since the collapse of FTX. "The Hash" panel discusses the state of crypto amid bitcoin's latest sell-off along with current sentiment across the industry. Plus, insights on the absence of a court decision between the SEC and Grayscale. CoinDesk and Grayscale are both owned by Digital Currency Group (DCG).

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Finans

Cameron Winklevoss sa DCG sa gitna ng kanilang Crypto Lending Fight: 'Good Luck' na Nakakumbinsi sa isang Jury

Ang kanyang Gemini Crypto exchange at conglomerate Digital Currency Group ay nakikipaglaban — sa loob at labas ng korte — dahil sa kabiguan ng serbisyo sa pagpapautang ng Gemini's Earn.

Gemini's Cameron Winklevoss continues his war of words with DCG. (Getty Images)

Finans

Digital Currency Group Files para I-dismiss ang Crypto Exchange Gemini's Fraud Claims

Tinawag ng DCG ang reklamo ni Gemini noong Hulyo bilang pagpapatuloy ng isang "kampanya sa relasyong pampubliko" na isinagawa ng mga may-ari ng palitan, sina Cameron at Tyler Winklevoss.

Digital Currency Group's Barry Silbert, right (Getty Images)

Finans

Itinalaga ng Digital Currency Group si Mark Shifke bilang Chief Financial Officer

Pinuno ni Shifke ang natitirang puwang nang bumaba si Michael Kraines bilang CFO noong Abril.

DCG CFO Mark Shifke (DCG)

Piyasalar

Sinabi ng DCG na Nakikita Nito ang Paglutas ng Genesis Kabanata 11 Malapit nang Pagkalugi

Ang Digital Currency Group ay nagkomento sa muling pagsasaayos sa isang sulat ng mamumuhunan.

Barry Silbert. CEO & Founder Digital Currency Group (DCG)

Videolar

Bitcoin Could Reach $50K by Year End: ProChain Capital President

Bitcoin (BTC) is hovering around the $30,000 level and ProChain Capital president David Tawil predicts that the largest cryptocurrency by market capitalization could reach $50,000 by the end of the year. Plus, why Tawil thinks renewed interest in a spot Bitcoin ETF is benefiting Grayscale Bitcoin Trust and Coinbase. CoinDesk and Grayscale are both owned Digital Currency Group (DCG).

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Finans

Maaaring Subukan ng Three Arrows Capital Liquidator na Uwiin ang Humigit-kumulang $1.2B Mula sa DCG, BlockFi

Inilarawan ng isang ulat noong Hulyo 7 mula sa Teneo, ang liquidator ng hedge fund, ang mga potensyal na claim.

Three Arrows (QuinceCreative/Pixabay)

Videolar

Bitcoin Unfazed After FOMC Minutes; Valkyrie Refiles for Spot Bitcoin ETF

“CoinDesk Daily” host Jennifer Sanasie explores the hottest stories in crypto, as bitcoin (BTC) remains little-changed after the Federal Reserve's latest meeting minutes are released. Valkyrie refiled its application for a spot bitcoin ETF with the SEC. And, Gemini co-founder Cameron Winklevoss tweets a "final offer" to DCG CEO Barry Silbert. DCG is the parent company of both Genesis and CoinDesk.

Recent Videos

Finans

Si Cameron Winklevoss ni Gemini ay nag-tweet ng $1.5B na 'Panghuling Alok' sa Mga Usapang Utang Tungkol sa Crypto Firm Genesis

Ang mga nagpapautang ng Crypto financial firm na Genesis ay nagmumungkahi ng isang pakete na $1.5 bilyon ng mga pagbabayad sa pagtitiis at mga pautang na denominado sa dolyar, Bitcoin at eter, ayon sa isang term sheet na nai-post sa Twitter ng co-founder ng Gemini.

Gemini co-founders Tyler & Cameron Winklevoss, seen in colorful tuxedos,  announced in June that they will expand their Singapore headcount to more than 100 employees, about 20% of the total worldwide staff.

Videolar

U.S. Has Room for Compliant Crypto ETF to 'Grow Its Share' as a Bitcoin On-Ramp: Bernstein

Bernstein said in a research report that the Grayscale Bitcoin Trust (GBTC) is only 3% of the total bitcoin market cap, which means there is the “headroom for a compliant ETF to grow its share as a bitcoin on-ramp solving the pain of custody.” "The Hash" panel discusses how the TradFi giants like BlackRock filing for a spot bitcoin ETF application in the U.S. could impact the crypto industry. Grayscale is owned by CoinDesk’s parent company, Digital Currency Group (DCG).

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