Bitcoin (BTC) $108,095.36 0.38%
Ethereum (ETH) $2,507.68 0.21%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 147.195664 0.31%
Cardano (ADA) $0.58 0.62%
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Cryptocurrencies: 26584

Markets: 104343

Market Cap: $3,324,006,446,679

24h Vol: $76,400,625,496

Bitcoinist

2023-01-06 10:00:34

DCG Closes Subsidiary HQ Digital, Fueling Fears In Bitcoin Market

DCG Closes Subsidiary HQ Digital, Fueling Fears In Bitcoin Market

Digital Currency Group (DCG), the crypto conglomerate that owns lender Genesis Trading and asset manager Grayscale, among others, today made public that it has closed its asset management division called HQ Digital, fueling new fears within the bitcoin and crypto industry, given that the company managed $3.5 billion in total assets in December. A memo

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