Altcoin Short Squeeze Brings Green Shoots to Dormant Crypto

Altcoin Short Squeeze Brings Green Shoots to Dormant Crypto



According to Bloomberg, officers with the U.S. Department of Justice’s Eastern District of New York and the U.S. Securities and Exchange Commission are inspecting transfers between Digital Currency Group and the conglomerate’s Genesis subsidiary. Genesis and CoinDesk are each owned by the guardian firm Digital Currency Group. Bernstein’s Gautam Chhugani weighed in. Meanwhile, bitcoin (BTC) decisively pushed previous $17,000, showing to escape of a three-week vary. Plus, CoinDesk Research Associate George Kaloudis and Galaxy Digital Head of Firmwide Research Alex Thorn shared their 2022 crypto 12 months in assessment analysis.



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