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Bitcoin Miner Argo Blockchain Faces Lawsuit Over Alleged Misleading Statements in U.S. Share Sale

Argo Blockchain, a crypto miner whose shares trade on the London Stock Exchange (ARB) and Nasdaq (ARBK), is facing a class-action lawsuit over alleged misleading statements made during the initial public offering (IPO) of its American depositary shares (ADS) in 2021. "The Hash" panel discusses what this means for the bitcoin mining industry.

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Markets

Bitcoin, Ether Did Better Than You Think in 2022

CoinDesk research shows that per unit of risk, bitcoin and ether performed significantly better than bonds and had similar results to equities in 2022.

Rendimiento de cinco activos en 2022. (CoinDesk Indices)

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Crypto Miner Argo Blockchain Requests 24 Hour Trading Halt for US Shares

Argo Blockchain, a crypto miner whose shares trade on the London Stock Exchange (ARB) and Nasdaq (ARBK), said it requested a 24-hour suspension of U.S. trading. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the state of crypto mining in the wake of Core Scientific filing for bankruptcy last week. Plus, his state of regulation outlook for 2023.

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Finance

Fintech Firm Qenta to Go Public Through SPAC Merger

The startup tracks the origins and ownership of precious metals with blockchain technology.

CDCROP: Gold bars stacked close up (Unsplash)

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Greg King on Bitcoin Volatility: Flat Is the New Up

Bitcoin has remained less volatile than the S&P and Nasdaq over the past three months. "If we can hold here ... that's really positive for 2023," says Osprey Funds founder and CEO Greg King.

CoinDesk placeholder image

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Bitcoin in NASDAQ Futures Rising Toward 4-Month High

High-growth tech stocks are faltering while bitcoin (BTC) is falling less and showing far greater resiliency amid global macro headwinds. Separately, Bitcoin in NASDAQ futures, or BitDAQ, is rising toward a four-month high. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Finance

Crypto Exchange Coincheck Plans to List on Nasdaq in July 2023

The company's SPAC merger was first slated for March of this year and was valued at the time at around $1.25 billion

(Shutterstock)

Markets

Valkyrie Funds, Ark Invest Say Crypto Has Hit ‘Bottom’ Amid Recession Woes

Frank Downing, director of research at Ark Invest and Steven McClurg, co-founder of asset management firm Valkyrie, joined “First Mover” to discuss the state of crypto, the economy and their respective crypto-focused separate managed accounts.

Frank Downing, director of research at Ark Invest (left) and Steven McClurg, co-founder of asset management firm Valkyrie (ARK Invest/Valkyrie).

Finance

Bitcoin Miner Rhodium Going Public Through Reverse Merger With SilverSun Technologies

Rhodium in January postponed what were then plans for an IPO at as much as a $1.7 billion valuation.

A Bitfarms mining facility in Washington State. (Eliza Gkritsi/CoinDesk)

Finance

Nasdaq Joins BlackRock as TradFi Defies the Bear Market and Embraces Crypto

The down market hasn’t stopped traditional finance's push into crypto as large players continue to pile into the industry, following Warren Buffett’s famous rule "be greedy only when others are fearful."

Bitcoin superó máximos de un mes, pero analistas advierten sobre la volatilidad. (Spencer Platt/Getty Images)