DCG

Bitcoin (BTC) is hovering around the $30,000 level and ProChain Capital president David Tawil predicts that the largest cryptocurrency by market capitalization could reach $50,000 by the end of the year. Plus, why Tawil thinks renewed interest in a spot Bitcoin ETF is benefiting Grayscale Bitcoin Trust and Coinbase. CoinDesk and Grayscale are both owned Digital Currency Group (DCG).

19 juil. 2023

“CoinDesk Daily” host Jennifer Sanasie explores the hottest stories in crypto, as bitcoin (BTC) remains little-changed after the Federal Reserve's latest meeting minutes are released. Valkyrie refiled its application for a spot bitcoin ETF with the SEC. And, Gemini co-founder Cameron Winklevoss tweets a "final offer" to DCG CEO Barry Silbert. DCG is the parent company of both Genesis and CoinDesk.

5 juil. 2023

Bernstein said in a research report that the Grayscale Bitcoin Trust (GBTC) is only 3% of the total bitcoin market cap, which means there is the “headroom for a compliant ETF to grow its share as a bitcoin on-ramp solving the pain of custody.” "The Hash" panel discusses how the TradFi giants like BlackRock filing for a spot bitcoin ETF application in the U.S. could impact the crypto industry. Grayscale is owned by CoinDesk’s parent company, Digital Currency Group (DCG).

26 juin 2023

Gemini said in an update on its website that Digital Currency Group (DCG) missed a $630 million payment owed to Genesis last week. Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default. Both Genesis and CoinDesk are owned by DCG. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De discusses the latest developments.

22 mai 2023

The Grayscale Bitcoin Trust discount to net asset value has fallen to its lowest level in a month, ahead of oral arguments in federal court related to Grayscale's lawsuit against the U.S. Securities and Exchange Commission. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what to expect. Grayscale and CoinDesk are both owned by Digital Currency Group (DCG).

7 mars 2023

The Grayscale Bitcoin Trust (GBTC) discount to net asset value has fallen to its lowest level in a month, ahead of oral arguments in federal court on Tuesday related to Grayscale's SEC lawsuit. Meanwhile, FTX sister company Alameda Research has filed a lawsuit against Grayscale Investments seeking injunctive relief to realize over $250 million in asset value for the FTX Debtor’s customers and creditors. DCG is the parent company of CoinDesk and Grayscale.

6 mars 2023

The U.S. Securities and Exchange Commission and Commodity Futures charged former FTX director of engineering Nishad Singh with fraud allegations on Tuesday, following his guilty plea to similar charges in a federal court. Separately, Grayscale says it’s preparing to argue in court next week that the SEC inappropriately treated its bitcoin exchange-traded fund bid differently than earlier decisions approving bitcoin futures-based ETFs. Grayscale and CoinDesk are both owned by Digital Currency Group (DCG).

28 févr. 2023

Finance

DCG détenait des liquidités et des équivalents de trésorerie de seulement 262 millions de dollars à la fin de 2022, tandis que les actifs d'investissement s'élevaient à 670 millions de dollars.

Par Ian Allison27 févr. 2023

Genesis Global Holdco filed for bankruptcy protection last month and unveiled the final details of a proposed plan to sell itself off alongside Genesis Global Trading to help parent Digital Currency Group (DCG) pay off some of the firm's creditors. "The Hash" panel discusses the latest in Genesis' bankruptcy process and what we know so far. DCG is the parent company of Genesis and CoinDesk.

13 févr. 2023

Digital Currency Group (DCG) intends to sell its subsidiary Genesis' crypto trading business as well as its lending arm, which is restructuring through bankruptcy, a Genesis attorney said Monday as the company revealed a pact with creditors. Lumida CEO and co-founder Ram Ahluwalia shares his analysis. DCG is also the parent company of CoinDesk.

7 févr. 2023