.ArcaneResearch releases an important warning about the situation around DCG that may lead to one of the biggest selling spikes on the cryptocurrency market
The letter did not reveal any Gemini plans to go after Silbert if he decides to ignore the highlighted matter. The best outcome of the whole situation would be a coordinated solution between both entities, which may include an involuntary petition for DCG filing for Chapter 11.
Companies tied to DCG were not doing well throughout 2022 considering the massive outflow of institutional funds from the industry. The lack of liquidity could become the reason behind yet another crash of the market, but the next time we will be at risk of reaching values most retail investors will not be ready to cope with.
At press time, the cryptocurrency market's capitalization is sitting at $800 billion, and Bitcoin is trading at around $16,803.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Wyre said to shut down as CEO admits company 'scaling back'Wyre, a crypto payments company founded in 2013, has told employees that it is shutting down amid layoffs, Axios has learned.
Consulte Mais informação »
Ethereum (ETH) Inflation at Almost 5,000 ETH, But It Might Become Deflationary AgainSecond biggest cryptocurrency on market is no longer deflationary, but it could be temporary problem
Consulte Mais informação »
Cryptocurrency giant Coinbase strikes a $100 million deal with New York regulatorsA review found that the exchange's compliance program violated state laws, making it 'vulnerable to serious criminal conduct.' It will pay a $50 million fine and spend the rest beefing up oversight.
Consulte Mais informação »
Ukrainian Pharmacy Chain Introduces Cryptocurrency Payments – Bitcoin NewsA major Ukrainian chain of pharmacies, ANC, has started accepting various cryptocurrencies through Binance Pay.
Consulte Mais informação »
STOCK MARKET NEWS: Markets higher, December PMI report, oil narrowly higher, gas, diesel spikeJOLTS, December unemployment reports give snapshot of economy. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
Consulte Mais informação »
Bernstein: Returns From Buying Crypto During Downturns Have Been Spectacular.BernsteinBuzz says investors should focus on the long term consumer adoption of crypto, and as blockchains scale and applications mature, it expects the monthly user base to increase by as much as 100-fold. BernsteinGautam. willcanny99 reports.
Consulte Mais informação »