NYDIG
Bitfarms Looks to Boost Liquidity With Sale of 1,500 Bitcoin, New Loan
The miner paid down a credit line from Galaxy Digital while inking new equipment financing from NYDIG.
NYDIG’s $59K Bitcoin Bounties Program Begins Paying Developers Who Improve the Network
The program, which launched two weeks ago, has paid out $1,800 so far, according to sources.
Fidelity Will Offer Bitcoin Inclusion in its 401(k) Accounts
U.S.-based financial services firm Fidelity Investments will allow investors to put bitcoin (BTC) into their 401(k) retirement savings accounts later this year, bringing crypto exposure to traditional investors. “The Hash” group discusses the impact this could have on crypto-native firms like NYDIG and Coinbase, bitcoin’s use case as an inflation hedge and best practices for investing in crypto.
Bitcoin Dominance Rising as Russia-Ukraine War Creates Market Uncertainty
"All About Bitcoin" host Christine Lee presents data from institutional bitcoin broker NYDIG illustrating that bitcoin dominance has risen as high as 44% amid recent market volatility with Russia’s ongoing war in Ukraine. Plus, a look into the yield curve inversion and Goldman Sachs' warning of a recession next year.
SEC Rejects NYDIG, Global X Spot Bitcoin ETF Applications
The move continues a recent string of denials by the SEC of applications for spot bitcoin ETFs.
Visions Federal Credit Union Launches Bitcoin Services Through NYDIG Partnership
Joining “First Mover” to explain their ambition to increase bitcoin accessibility for Americans is NYDIG Chief Innovation Officer Patrick Sells and Visions Federal Credit Union Chief Digital Officer Tom Novak.
NYDIG Launches Service for Workers to Get Paid in Bitcoin
With its Bitcoin Savings Plan, NYDIG joins Coinbase and Strike with a service allowing employees to auto-convert some or all of their paychecks into bitcoin.
Bitcoin's Latest Pullback Ranks 6th in Its Worst Drawdowns
Bitcoin is recovering from Monday's low of about $33,000, which represented a severing of more than half of its November all-time high value of $69,000. The 52% decline from the peak thus far ranks sixth in bitcoin's history of worst drawdowns, but this retreat could continue to grow larger, according to data from NYDIG. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
SEC Delays Decision on NYDIG’s Spot Bitcoin ETF Proposal
The commission now has until March 16 to approve or disapprove NYDIG’s proposal.
Institutional Bitcoin Broker NYDIG Valued at $7B After Whopping $1B Funding Round
NYDIG, which offers bitcoin trading and custody, has raised $1 billion that will value the firm at over $7 billion. “The Hash” hosts discuss what could be the largest funding round in crypto history as NYDIG moves to expand bitcoin’s reach into every industry potentially.
