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Riot Platforms offloads $161M in Bitcoin in December amid strategy shift

Riot Platforms sold $161 million worth of Bitcoin in December as part of a strategic shift to enhance its liquidity and reduce debt. The company aims to strengthen its balance sheet amid a challenging market environment for cryptocurrencies. This decision follows a broader trend among miners to optimize their financial positions in response to fluctuating Bitcoin prices. Riot's move reflects a growing focus on financial stability and operational efficiency within the crypto mining sector.

Read the full article: Coin Telegraph

Robinhood Offers Prediction Market 'Custom Combos'—But Don't Call Them Parlays

Robinhood has introduced a new feature called "Custom Combos," allowing users to create personalized prediction markets on various events. Unlike traditional parlays, these Custom Combos enable users to combine different outcomes into a single bet, enhancing the flexibility of betting options. The feature aims to attract more users

DTCC 'Not Building Walled Gardens' for Tokenization, Says Digital Assets Head

The Digital Asset Head of the Depository Trust & Clearing Corporation (DTCC) emphasized that the organization is not creating isolated systems for tokenization in the cryptocurrency space. Instead, DTCC aims to promote interoperability and collaboration among various digital asset platforms. The focus is on developing a framework that supports seamless

Lack of liquidity is a growing concern in crypto, says Auros' Jason Atkins

Jason Atkins, CEO of Auros, has highlighted a significant concern regarding the lack of liquidity in the cryptocurrency market. He notes that this issue is becoming increasingly pronounced, particularly as trading volumes decline and market participants become more cautious. Atkins emphasizes that reduced liquidity can lead to greater price volatility

Cathie Wood calls bitcoin 'good source of diversification' for investors seeking higher returns

Cathie Wood, CEO of ARK Invest, has highlighted Bitcoin as a valuable diversification tool for investors aiming for higher returns. She emphasized that Bitcoin's unique properties make it an appealing asset, especially in the current economic climate. Wood believes that incorporating Bitcoin into investment portfolios can enhance overall

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Robinhood Offers Prediction Market 'Custom Combos'—But Don't Call Them Parlays

DTCC 'Not Building Walled Gardens' for Tokenization, Says Digital Assets Head

Lack of liquidity is a growing concern in crypto, says Auros' Jason Atkins

Cathie Wood calls bitcoin 'good source of diversification' for investors seeking higher returns