Tags : Assets


Genesis Digital Assets Raises $431M for Expansion

Genesis Digital Assets raised $431 million to expand its bitcoin mining operations, the company said Tuesday. Paradigm led the massive round, which also included NYDIG, FTX, Stoneridge, Ribbit and Electric Capital, as well as the family offices of Paul Tudor Jones by way of Kingsway Capital, according to a press release. Genesis Digital Assets co-founder […]Read More


S&P 500 Chart Signals More Trouble for Bitcoin, Risk Assets

Bitcoin dropped to one and a half-month lows Monday, alongside sharp losses in global equity markets and other growth-sensitive risk assets such as industrial metals, oil and commodity-dependent currencies. The broad-based risk aversion may have just begun as futures tied to the S&P 500 Index have convincingly breached the long-held 50-day moving average support, or […]Read More


Tone Vays shares his thoughts on Bitcoin vs. all other

You’d probably need no introduction for Tone Vays, perhaps one of the most well-known institutional traders-turned-crypto geeks who has been making public calls on Bitcoin for years. Vays, likely many traders who view market metrics in isolation, relies on a mix of the staunchest fundamental and technical analysis for his calls and has gained his […]Read More


U.K. tax authorities eye crypto assets in up-and-coming budget

According to chartered accountants HillierHopkins, Her Majesty’s Revenue and Customs (HMRC) will target crypto investors in the up-and-coming budget on March 3. Principal at the firm Thomas Gibbs predicts this will take the form of a hike in Capital Gains Tax (CGT) from 20% to 40%. “HMRC sees cryptocurrencies not as a currency but as […]Read More


Ajit Tripathi: How to Bring Off-Chain Assets to DeFi

The recent GameStop short squeeze has brought decentralized finance (DeFi) into mainstream public consciousness. Well-known crypto influencers such as Caitlin Long have espoused decentralized exchanges as an alternative to traditional clearing and settlement infrastructure. Others, including me, have suggested that decentralized credit markets can reduce systemic risk by enhancing financial market transparency.  Ajit Tripathi, a […]Read More


Could Scalable Bitcoin Payments Undermine the Asset’s Value?

With the wild journey that is bitcoin price swings so far this year, you might have missed the accelerating rhythm of companies announcing services to support bitcoin for payments. We’re not talking about small idealistic startups, either. A week ago, on Visa’s Q1 earnings call, CEO Al Kelly said the company may add cryptocurrencies to […]Read More


Valkyrie Digital Assets Files for Bitcoin ETF

Valkyrie Digital Assets filed an application on Friday for a bitcoin exchange-traded fund (ETF), the second such filing in the last 30 days. The Valkyrie Bitcoin Fund would be listed on the New York Stock Exchange and Coinbase Custody Trust Company, LLC would serve as the custodian for the proposed ETF, according to Dallas-registered Valkyrie […]Read More