Greg Girasole and Alex Kriete, the co-heads of Citigroup's digital asset effort, are leaving the firm to dive deeper into the cryptocurrency and blockchain industry.

The former co-head of digital assets said he wanted to assist in the maturation of the crypto market via a new venture

The post Citi Director Leaves To Start Own Crypto Company appeared first on Blockworks.

Analyzing bitcoin derivatives data makes it clear that market participants are cautious in this period of uncertainty.

Based on the ripple effect of sanctions slapped on Russia because of its ongoing invasion of Ukraine, Russia continues to be starving for foreign currency. It might make Bitcoin mining an alternative to bypass sanctions. (Read More)

Bloomberg’s Senior Commodity Strategist, Mike McGlone believes the Russia-Ukraine conflict “may mark another step in #Bitcoin's maturation toward becoming the global digital collateral.” (Read More)

The ongoing crisis between Russia and Ukraine may just be bringing out the best in Bitcoin. According to Bloomber strategist Mike McGlone, the conflict may mark another step in Bitcoin’s journey to becoming the primary digital store of value globally. Bitcoin is benefiting from a spike in the price of crude Bloomberg’s chief commodity strategist,

The post Russia-Ukraine Conflict Helping Bitcoin To Become Global Digital Collateral: Mike McGlone appeared first on CoinGape.

Bitcoin investors have de-risked as global macro headwinds increase. In particular, traders eye the proposed Fed rate hikes in March, opting for protective insurance over speculative calls.

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