Category: Latest news

[ad_1] The biggest news in the cryptoverse for Jan. 20 saw Genesis Global Capital file for bankruptcy. Elsewhere, Cardano creator Charles Hoskinson confirmed that he is interested in acquiring CoinDesk. ByBit said its exposure to Genesis was limited to its investment arm, and former FTX.US president Brett Harrison is reportedly raising funds for a new…

[ad_1] The U.S. Securities and Exchange Commission (SEC) has charged Mango Markets attacker Avraham Eisenberg, according to a Jan. 20 press release. The regulator accused Eisenberg of manipulating the MNGO cryptocurrency token. Beginning in October 2022, Eisenberg used multiple accounts to swap perpetual futures and MNGO tokens. After driving up the price of MNGO, Eisenberg…

[ad_1] Digital Currency Group, the parent company of both Genesis and Grayscale, released a statement on Jan. 20 commenting on the news that Genesis had filed for Chapter 11 bankruptcy. Following the statement’s release, Bitcoin climbed above $21,000 to a year-to-date high of $21,912. The fate of DCG has been assessed as a significant potential…

[ad_1] Investors betting against Bitcoin grew to some of the highest on record as markets welcomed the new year. Bears were seemingly in complete control of the price action as Bitcoin teetered above $16,000. However, CryptoSlate analysis has found that those shorting Bitcoin were not in as strong a position as investors first thought. The purchase…

[ad_1] Cardano founder Charles Hoskinson was voted the ideal crypto CEO, pipping Satoshi Nakamoto to the top spot by a significant margin. The poll was run by the founder of Fair Crypto Foundation and former Google engineer Jack Levin. It asked the Twitterverse which individual they would want as company CEO if money were no…

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[ad_1] Institutional crypto lending protocol Maple Finance has reported a net loss of about $7 million at the end of the fourth quarter of 2022 as it moves to close its lending pools on Solana. Maple Finance was launched in May 2021 as a decentralized credit market for institutional borrowers and lenders. Since its inception, the…

[ad_1] Genesis Broker, Exchange, Lending Company in North America Genesis is an institutional digital asset markets and a full-service digital currency prime brokerage  providing a single point of access for select qualified individuals and global institutional investors. More about Genesis Info Twitter LinkedIn [ad_2] Source link

[ad_1] Definition Bitcoin dominance measures BTC’s current share of the global crypto market cap versus other cryptocurrencies. Quick Take Bitcoin dominance has hit 41.5% as of Jan. 20 — the highest level over six months. Ethereum dominance is also up and currently stands at 19.4%. Meanwhile, the market cap for the entire crypto space sits…

[ad_1] The cryptocurrency market cap saw net inflows of $11.64 billion in the last 24 hours and currently stands at $976.82 billion — up 1.19% from $965.18 billion. Bitcoin and Ethereum’s market cap grew 1.06% and 1.94% to $404.19 billion and $189.82 billion, respectively, over the past day. The top 10 cryptocurrencies posted gains over…