Jefferies

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Jefferies report said that bitcoin mining was notably less profitable in August than July. Plus, Singapore is investigating seven people for offering Worldcoin services, and India and Nigeria top the world in terms of grassroots crypto adoption.

11. Sept. 2024

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Senate Majority Leader Chuck Schumer said at the Crypto4Harris event that U.S. crypto legislation can happen this year. Plus, Jefferies releases a research report on profitability of bitcoin mining and ZynCoin is launching a physical collectible for the $ZYN community called "Comfy."

15. Aug. 2024

Officials with the U.S. Department of Justice's Eastern District of New York and the SEC are examining transfers between Digital Currency Group (DCG) and the conglomerate's Genesis subsidiary, according to Bloomberg. DCG is the parent company of CoinDesk. Plus, Jefferies downgraded its rating for bitcoin miner Marathon Digital Holdings (MARA) from "buy" to "hold" due to construction delays.

9. Jan. 2023

Metropolitan Commercial Bank is to end crypto-related services because of "recent developments" in the digital asset industry. Meanwhile, Jefferies downgraded Signature Bank from buy to hold as its crypto businesses shrink. "The Hash" panel discusses how the FTX contagion will impact the banks that have expanded into crypto.

9. Jan. 2023