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Altcoin
ASIC financing debt worsened Bitcoin miner’s liabilities in 2022: Report
Bitcoin miners faced difficulties paying off debt in 2022, particularly when they had high-interest equipment financing loans, according to a recent report by…
Differentiating Bitcoin from the rest of the crypto market: Part 1
Initially, the term “crypto asset” meant bitcoin and nothing else. However, the sector has experienced massive expansion by creating thousands of alternative crypto…
How the top 5 AI tokens, AGIX, FET, OCEAN, RLC, and NMR fared during 2022
Artificial Intelligence (AI) crypto tokens are riding a wave of interest that began with the release of chatbot ChatGPT, which has captured the imaginations of…
Nearly $400M in crypto liquidations over 24 hours pushes Bitcoin above $23k
Quick Take:The crypto market has recorded nearly $400 million in liquidations in the past 24 hours. BTC briefly surpassed $23k.
Only 11.7% of all BTC supply now…
Crypto bank Silvergate reveals $2.5M exposure to Genesis
Silvergate Capital, the parent company of Silvergate Bank, revealed limited exposure to Genesis Global Capital in a press release published on Jan. 20.Silvergate…
Genesis files for bankruptcy; Cardano creator wants CoinDesk
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…
DCG responds to Genesis bankruptcy; Bitcoin jumps 4% as contagion fears lessen
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…
Bitcoin surpasses $22k as 20k BTC pulled off exchanges
Quick Take:Jan. 20 saw 20k BTC pulled from exchanges.
The majority of the coins have been pulled from Binance — roughly ~13k Bitcoin.
Over $100 million has been…
Market hedged the shortest amount in over 2 years as Bitcoin rose to $21k
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…
Maple Finance records a loss of $7M at end of 2022
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…
