By newsdesk7
NEWS
WisdomTree, a fund manager based in the United States, experienced a significant drop in the value of its digital asset holdings during the fourth quarter, mirroring the prolonged bear market affecting Bitcoin and other cryptocurrencies. WisdomTree’s cryptocurrency funds had an asset value of $136 million on December 31, 2022, as reported in their quarterly earnings report on February 3. This represents a decrease from the $163 million value at the start of the quarter, resulting in a $23 million depreciation.
NEWS
Australia joins the worldwide regulatory competition with the launch of a public consultation on its own cryptocurrency asset classification. On February 3rd, the Australian Treasury unveiled a consultation paper titled “Token Mapping,” marking a crucial step in the government’s multi-stage plan to regulate the market.
NEWS
NEWS