The crypto conglomerate reported that falling crypto prices and the fallout from Three Arrows Capital’s loan default to Genesis affected its results.
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Bearish Signal? DCG Starts Selling Grayscale Crypto Shares At Almost 50% Discount
The issues at Digital Currency Group (DCG) seem to be coming to a head as the company has now begun offloading its Grayscale crypto shares.
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DCG offloads Grayscale shares to raise capital: Report
The purported sales are the latest measures the embattled firm has taken following moves in recent months to raise capital and preserve liquidity.
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Bitvavo Expects a DCG Deal Recovery of 80–100% on Outstanding Debt
Crypto exchange Bitvavo expects Digital Currency Group (DCG) to fulfill at least 80% of its obligations to the exchange. What: Bitvavo plans to recover about
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Genesis creditors to expect 80% recovery under proposed restructuring plan
Digital Currency Group (DCG) plans to hand its equity stake in Genesis’ trading arm to Genesis Global, which will then be sold, pending court approval.
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Ethereum (ETH) price is aiming for $1,800 in February — Here is why
ETH price is finding support at $1,560 and multiple data points are beginning to hint at a possible rally to $1,800 before the end of
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