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Grayscale Aims to Launch Mini Bitcoin Trust for Lower Fees and Tax Benefits


Grayscale has revealed the submission of an S-1 form to the U.S. Securities and Exchange Commission (SEC) for the launch of a new, smaller version of its popular Grayscale Bitcoin Trust (GBTC). This initiative is designed to provide shareholders with exposure to bitcoin, reduced fees and potential...

Nexon’s MMORPG MapleStory to Launch Web3 Version on Avalanche


South Korean videogame developer Nexon to launch a web3 version of its MMORPG MapleStory on the Avalanche blockchain, introducing user-generated content and new gameplay mechanics. The post Nexon’s MMORPG MapleStory to Launch Web3 Version on Avalanche appeared first on Cryptonews

UK Financial Watchdog Limits UK Crypto ETNs to Professional Investors Only


The UK's financial regulator will allow recognized exchanges to launch crypto asset exchange-traded notes. Only professional investors, like investment firms and authorized credit institutions, will have access to these products. The post UK Financial Watchdog Limits UK Crypto ETNs to Professional...

Hong Kong Central Bank Launches Wholesale CBDC Project to Foster Tokenization


Hong Kong's central bank has announced the launch of a new project called "Project Ensemble," aimed at supporting the development of the tokenization market in the city-state through a wholesale central bank digital currency (wCBDC). The post Hong Kong Central Bank Launches Wholesale CBDC Project...

Bitcoin ETF approval launch can put BTC at $100K by October 2024


Timothy Peterson, a renowned network economist, expects BTC to go past 100,000 dollars by October 2024. The economist predicts it can happen if the accumulation made by the Bitcoin Spot ETF approval is sustained. Peterson made this prediction on X/Twitter, garnering massive traction among crypto...

Grayscale Launches Crypto Staking Fund – Here’s What You Need to Know


Grayscale recently announced the launch of the Grayscale Dynamic Income Fund, which will own tokens on nine blockchains: Aptos, Celestia, Coinbase Staked Ethereum, Cosmos, Near, Osmosis, Polkadot, SEI Network, and Solana. The post Grayscale Launches Crypto Staking Fund – Here’s What You Need...

Fidelity Bitcoin ETF Sees Strongest Daily Inflow Since Launch


The Fidelity Wise Origin Bitcoin Fund (FBTC) recorded its largest number of daily inflows on Monday, absorbing $404.6 million in funds used to buy more Bitcoin (BTC). The post Fidelity Bitcoin ETF Sees Strongest Daily Inflow Since Launch appeared first on Cryptonews

Trending New Meme Coin $PEEN Pumps 335% on DEX Launch, Next Shiba Inu?


Tuesday, March 5th, 2024 – A new meme coin,  $PEEN token, could be the next Shiba Inu after exploding in price by 3x. Meme coins are the hottest sector in crypto right now as speculative retail money pours in – and $PEEN is the latest target in the hunt for outsized alpha returns. $PEEN makes...

BRICS to Develop Digital Currencies and Blockchain-Based Payment System


BRICS nations announce plans to collaborate to launch an independent blockchain-based payment system, introducing their own digital currencies to streamline cost-effective transactions. The post BRICS to Develop Digital Currencies and Blockchain-Based Payment System appeared first on Cryptonews

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