Amid crypto winter, Nexo commits additional $50M to buyback program
The Bitcoin lender has sought advice from Citigroup on how to acquire distressed crypto firms amid the bear market.
The Bitcoin lender has sought advice from Citigroup on how to acquire distressed crypto firms amid the bear market.
Original source
Read on CointelegraphRelated market context
Nakamoto Inc. (NAKA) Strengthens Balance With 600 Bitcoin Sale, Refinancing, and Buyback Authorization
Bitcoin Magazine Nakamoto Inc. (NAKA) Strengthens Balance With 600 Bitcoin Sale, Refinancing, and Buyback Authorization Nakamoto I...
Blockworks Acquires Messari in Deal Highlighting Crypto’s Data Consolidation Race
Bitcoin Magazine Blockworks Acquires Messari in Deal Highlighting Crypto’s Data Consolidation Race Blockworks, the New York-based...
Metaplanet Acquires Siiibo Securities in Push to Build Bitcoin Financial Ecosystem
Bitcoin Magazine Metaplanet Acquires Siiibo Securities in Push to Build Bitcoin Financial Ecosystem Metaplanet Inc., Japan’s large...
Lenders want AI to turn months of private-credit paperwork into one-day on-chain loans
Equipment-financing lender Trad.Fi and autonomous-finance platform W3 are working on a plan to move a targeted $650 million privat...
Bitcoin Bottom Is in: Standard Chartered Declares End of Crypto Winter
Standard Chartered says the bitcoin bottom may be in at $59,000 after a 53% drop from its $126,000 high. The bank says crypto wint...
Standard Chartered Says Bitcoin Bottomed Near $59,000 As Crypto Winter Ends
TL;DR Standard Chartered’s Geoffrey Kendrick reportedly says Bitcoin’s $59,000 area marked the cycle bottom. The note cites SpaceX...