DCG


Vidéos

DCG, Gemini Tensions Escalate as Winklevoss Calls for Removal of Barry Silbert

The Winklevoss twins' crypto exchange Gemini escalated its dispute with Digital Currency Group's (DCG) Genesis Global Trading – its partner on a crypto lending product pitched to smaller investors – by terminating a key aspect of their relationship. Lumida CEO and co-founder Ram Ahluwalia weighs in on the latest tensions escalating between DCG and Gemini. DCG is the parent company of Genesis and CoinDesk.

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Vidéos

DCG's Barry Silbert Discusses Genesis in Letter to Shareholders

Barry Silbert, the head of crypto conglomerate Digital Currency Group (DCG), gave his shareholders more details about his company's Genesis Capital lending division that was forced to halt customer withdrawals in the aftermath of FTX's November collapse. CoinDesk and Genesis are both owned by parent company DCG. Hodder Law Firm Managing Partner Sasha Hodder weighs in on the latest developments.

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Vidéos

Gemini Escalates Dispute with DCG's Genesis; Coinbase Shares Jump Following Layoff Announcement

Crypto exchange Gemini is ramping up its dispute with Digital Currency Group's (DCG) Genesis Global Trading – its partner on a crypto lending product pitched to smaller investors – by terminating a key aspect of their relationship. CoinDesk and Genesis are both owned by parent company DCG. Plus, Coinbase (COIN) shares are on the rise after the crypto exchange announced plans to layoff roughly 20% of its workforce.

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Vidéos

Bitcoin Holds Steady Above $17K

XBTO Group Head of Trading Paul Eisma joins "All About Bitcoin" to discuss the early 2023 rally in Grayscale Bitcoin Trust (GBTC) amid lingering concerns surrounding parent company Digital Currency Group (DCG). DCG is also the parent company of CoinDesk. Plus, his reaction to bitcoin trading steadily above $17,000 and the recent lack of liquidity in the BTC market.

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Vidéos

Grayscale Bitcoin Trust Discount Narrows to 8-Week Low

Grayscale Bitcoin Trust's early 2023 rally outpaced that of its underlying bitcoin holdings, significantly narrowing its discount to the net asset value. The closed-end trust with more than $10 billion in assets under management is up 17.5% to begin the year versus about a 5% advance in the price of bitcoin to its current $17,300. Grayscale and CoinDesk are both owned by parent company DCG. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

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Finance

Barry Silbert de DCG parle de Genesis dans une lettre aux actionnaires

Le cofondateur de la plateforme d'échange de Crypto Gemini, Cameron Winklevoss, a appelé mardi le conseil d'administration de DCG à révoquer Silbert de son poste de PDG.

Barry Silbert. CEO y fundador de Digital Currency Group.

Finance

Gemini met fin à son produit de rendement Crypto , intensifiant la bataille avec Genesis

Cette décision, qui, selon Gemini, oblige Genesis à restituer tous les actifs bloqués, met fin au programme Gemini Earn de la bourse, vieux de près de deux ans.

Tyler Winklevoss y Cameron Winklevoss, cofundadores de Gemini. (Joe Raedle/Getty Images)

Marchés

La décote du Grayscale Bitcoin Trust se réduit à son plus bas niveau en huit semaines, sous la pression du DCG.

Digital Currency Group, la société mère de Grayscale, subit une pression croissante pour remédier à une remise qui s'est élargie à près de 50 % vers la fin de 2022.

Grayscale's new ad campaign can be seen in New York's Penn Station. (Nikhilesh De/CoinDesk)

Vidéos

Bitcoin Holds Above $17K Despite DCG Uncertainty

Bitcoin (BTC) is trading above $17,000 as investors are watching the uncertainty unfold with DCG and Genesis Trading. IDX Digital Assets CIO Ben McMillan provides his markets analysis, saying, "this is a very thinly traded market so it doesn't take a lot to move the price up."

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Vidéos

DCG Reportedly Probed For Genesis Transfers

Barry Silbert’s Digital Currency Group (DCG) is reportedly being investigated by the U.S. Department of Justice’s (DOJ) Eastern District of New York and the U.S. Securities and Exchange Commission (SEC), according to Bloomberg. The entities are examining financial transfers between DCG and its Genesis unit. DCG is the parent company of CoinDesk. Pacific Street Managing Director Gareth Rhodes shares his analysis.

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