[ad_1] Markets Currencies Cryptocurrency The $14.6 billion Grayscale Bitcoin Trust is selling at a 42% discount to its underlying assets [ad_2] Source link
Tag: Money/Currency Markets
Market Recovery Hinges on Quick Inflation Drop
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Iraq’s Prime Minister Dismisses Central Bank Governor Amid Currency Drop
[ad_1] World Middle East The dinar has dropped sharply against the dollar in unofficial currency markets since mid-November, raising the price of food and other goods for ordinary Iraqis [ad_2]…
Founders of Bankrupt Three Arrows Capital Plan Trading Platform for Distressed Crypto Debt
[ad_1] Markets Currencies Cryptocurrency Startup’s pitch to investors estimates a $20 billion market for claims against fallen crypto companies [ad_2] Source link
Egypt Plans Spending Cuts as It Faces Economic Crisis
[ad_1] The International Monetary Fund extended hundreds of millions of dollars in a bailout package as the country struggles to pay off debts. [ad_2] Source link
WSJ News Exclusive | Inside Sam Bankman-Fried’s $1 Billion Bet on a Bitcoin Miner on the Kazakh Steppe
[ad_1] Genesis Digital, rigged to consume a small city’s worth of electricity in Kazhakstan, is one of the largest assets in the FTX-Alameda wreckage. Extracting value from it could prove…
WSJ News Exclusive | Silvergate Raced to Cover $8.1 Billion in Withdrawals During Crypto Meltdown
[ad_1] WSJ News Exclusive Cryptocurrency Bank sold assets at a loss to cover withdrawals and cut 40% of its staff but remains committed to crypto [ad_2] Source link
Troubles at Sam Bankman-Fried’s Alameda Began Well Before Crypto Crash
[ad_1] Sam Bankman-Fried built the cryptocurrency exchange FTX on the reputation of his trading firm, Alameda Research LLC. Alameda was applying Wall Street-style wizardry to the crypto world—and outsiders thought…
An Epic Dollar Rally Goes Into Reverse—and Investors Expect Further Declines
[ad_1] Markets Finance WSJ Dollar Index on track for biggest yearly gain since 2014 [ad_2] Source link