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BlockFi execs, Gemini named in proposed lawsuit by a disgruntled investor
Gemini is accused of providing BlockFi with custodial services and misleading information to help BlockFi market its alleged unregistered securities.
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Investment management firm, Marlton, has applauded the recent decision to authorize the purchase by Digital Currency Group (DCG) of up to a total of $750 million worth of shares of Grayscale Bitcoin Trust (GBTC). This latest action follows Marlton’s recent call for DCG and the Grayscale board to do more to narrow the discount on […]
Prime News: Bitcoin Drops below $1,000 amid Heightened Pressure
Prime News: Bitcoin Drops below $1,000 amid Heightened Pressure
Bitcoin traded below $1,000 on Wednesday as the virtual currency is facing intensified pressure. The digital currency slipped 10.5% at $997 per coin, where it is now over 20% below its all-time peak touched earlier. No apparent factor or event ignited its decline. However, bitcoin trading has been highly erratic recently as traders digested a huge volume of headline risk. Bitcoin skidded below…
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