Search
Genesis Converts GBTC Shares into Bitcoin: Acquires 32,000 BTC in Major Move
6.4.2024
Bankrupt crypto lending firm Genesis has converted approximately 36 million shares of Grayscale Bitcoin Trust (GBTC) into Bitcoin as part of preparations to settle its debts with creditors.
The post Genesis Converts GBTC Shares into Bitcoin: Acquires 32,000 BTC in Major Move appeared first...
Genesis Completes Redemption of GBTC Shares, Buys 32K Bitcoins with Proceeds
5.4.2024
The company in February got permission from a New York bankruptcy court to sell approximately 36 million shares of Grayscale's Bitcoin Trust
SEC reviews Fidelity/Grayscale/Bitwise ETH trust proposals
4.4.2024
The Securities and Exchange Commission (SEC) has reached out for public opinion regarding three NFTs. They include the Fidelity Ethereum Fund, the Grayscale Ethereum Trust, and the Bitwise Ethereum Trust. The fact that the SEC refuses to throw any light on the matter, according to Bloomberg, is...
Cathie Wood’s ARK Bitcoin ETF Daily Outflows Exceed Grayscale’s GBTC for the First Time
3.4.2024
Cathie Wood's ARK 21 Shares Bitcoin ETF has recorded daily outflows of over $87 million, marking the first time it witnessed larger daily outflows than Grayscale's Bitcoin Trust (GBTC).
The post Cathie Wood’s ARK Bitcoin ETF Daily Outflows Exceed Grayscale’s GBTC for the First Time...
Grayscale’s Bitcoin ETF Outflows Surpassed for the First Time
3.4.2024
Cathie Wood’s ARK 21shares Bitcoin ETF experienced a daily outflow of $87.5 million on April 2, marking a historic event as it exceeded Grayscale’s Bitcoin Trust’s outflow for the first time since the introduction of spot bitcoin ETFs in the U.S. Despite this outflow and...
Coinbase’s Alesia Haas explores ETH’s security stature and FTX-related trust-building
2.4.2024
In an interview with Fortune, Coinbase’s Chief Financial Officer, Alesia Haas, gave a sneak peek into what the future of finance might look like, both for Coinbase and the world of cryptocurrency. Under the direction of CEO Brian Armstrong, Coinbase has consistently expanded its empire in...
Polygon stuck as people lose trust in MATIC and ZK.Money
1.4.2024
Polygon has been in the news the last week with their new Napoli upgrade and bidding farewell to the Mumbai testnet. Matic raised USD 5.6 million in April 2019, with a 310% ROI estimated for August 2022. Private ventures like Decentraland, Zebi, and Parsec Labs have invested in the project....
Blackrock Spot Bitcoin ETF’s Holdings Soar Past 252K BTC — CEO Says He’s ‘Pleasantly Surprised’ by Retail Demand
30.3.2024
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has significantly increased its bitcoin holdings, which have now surpassed 252,011 BTC, representing an approximate notional value of $18 billion. This substantial increase reflects...
‘Trust in Authority’ Sustains Popularity of Centralized Exchanges in Latin America, Says Ricardo Da Ros
29.3.2024
According to Ricardo Da Ros, CEO of the crypto platform Patex, many crypto users in Latin America (LATAM) seem to prefer using centralized exchanges (CEXs) over decentralized ones. He attributes this preference to a culture in the region that “has been built on trust in authority.”...
Blackrock CEO Larry Fink ‘Very Bullish’ on Bitcoin — Hails IBIT ‘the Fastest Growing ETF’ Ever
29.3.2024
The CEO of Blackrock, the world’s largest asset manager, Larry Fink, says he is “very bullish on the long-term viability of Bitcoin.” Noting that he is “pleasantly surprised” by the demand for Blackrock’s spot bitcoin exchange-traded fund (ETF),...
BlackRock’s IBIT Reports Another $320M in Inflows, Larry Fink Hails it as “Fastest-Growing ETF Ever”
28.3.2024
BlackRock's iShares Bitcoin Trust (IBIT) continues to gain traction in the cryptocurrency market, with recent data revealing a significant influx of $320 million in new investments.
The post BlackRock’s IBIT Reports Another $320M in Inflows, Larry Fink Hails it as “Fastest-Growing...
'We've Seen Breakdowns of Trust': Nathan Schneider on How to Democratize the Web
26.3.2024
The activist's new book "Governable Spaces" explores ways blockchains can help people experiment with self-governance online
How to Improve Transparency and Public Trust in Crypto Markets
25.3.2024
Proof-of-reserves and off-chain transaction reporting are key to improving trust in trading platforms following the scandals of the last 18 months, say Bruce Tupper and Tyler Williams
Arkham Intelligence Predicts Grayscale’s GBTC to Run Out of Bitcoin in 96 Days
25.3.2024
At the start of the year, Grayscale possessed 618.28K BTC for their Bitcoin Trust GBTC. They now hold only 356.44K BTC.
The post Arkham Intelligence Predicts Grayscale’s GBTC to Run Out of Bitcoin in 96 Days appeared first on Cryptonews
Crypto Market Remains Focused on Spot Bitcoin ETF Flows Over Fundamentals: Coinbase
25.3.2024
There were $836 million in net outflows between March 18 and March 21, the report said
TUSD’s Supply Halves as It Drops to 8th Rank Among Stablecoins
24.3.2024
Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease in its supply. As of March 19, 2024, the circulation was approximately 1.1 billion TUSD, which then plummeted to just 612 million. Supply Slash Sees TUSD Fall From Top 5 Stablecoin Rankings to 8th Position Previously...
Bitcoin Tops Crypto Priority for Blackrock Clients as IBIT Holdings Reach 243K BTC
24.3.2024
Blackrock’s head of digital assets has revealed that bitcoin is the overwhelming favorite cryptocurrency for the asset management firm’s clients. “And then a little bit Ethereum, and very little everything else,” he added. Blackrock’s spot bitcoin exchange-traded...
Best Crypto to Buy Today March 22 – APT, ICP, FTM
22.3.2024
As Bitcoin (BTC) continues to struggle in the face of continued elevated outflows from Grayscale’s Bitcoin Trust ETF (GBTC), traders hunting for quick returns are parsing through the altcoin markets for the best crypto to buy today.
The post Best Crypto to Buy Today March 22 – APT, ICP,...
Coinbase launches feeless membership for TRUST’s travel rule service, enhancing user privacy
22.3.2024
Coinbase has introduced the option of a feeless membership facility for the travel rule universal solution technology (TRUST), a travel rule service. It is industry-propelled and considers client safety and privacy its topmost priority. TRUST is a prime travel rule service targeting virtual asset...
Spot Bitcoin ETFs See Fourth Consecutive Day of Net Outflows, GBTC Bleeds $358M
22.3.2024
The Grayscale Bitcoin Trust's (GBTC) exchange-traded fund (ETF) experienced another day of significant outflows, with nearly $359 million exiting the fund on March 21.
The post Spot Bitcoin ETFs See Fourth Consecutive Day of Net Outflows, GBTC Bleeds $358M appeared first on Cryptonews