Ex-Goldman Banker Says $1 Quadrillion Crypto Use-Case That ‘Dwarfs Everything’ Could Come to Industry

Raoul Pal, a former executive from Goldman Sachs, is talking about something significant in cryptocurrencies. He thinks a massive opportunity of crypto use-case worth about $1 quadrillion is waiting to flow into the world of cryptocurrencies. Exploring a $1 Quadrillion…

BlackRock Driving Down Bitcoin for ETF – Crypto Analyst

Amidst the roster of institutional contenders, the BlackRock asset manager eagerly anticipates a verdict from the US Securities and Exchange Commission (SEC). Their eager anticipation stems from their formal petition for approvals of Spot Bitcoin Exchange-Traded Funds (ETFs). BlackRock Purposefully…

Grayscale Scores Big Win Against the SEC

In October 2021, Grayscale filed for an application to convert its Grayscale Bitcoin Trust into an ETF.  However, the Securities and Exchange Commission (SEC) rejected the proposal, which prompted Grayscale to take the regulatory agency to court.  On August 29,…

Coinbase Backs Grayscale In Its Legal Battle With the SEC.

The largest Bitcoin fund, Grayscale, is fighting the Securities and Exchange Commission in court with the backing of Coinbase, the largest cryptocurrency exchange in the United States (SEC). Grayscale Protests Barring Of Its Bitcoin ETF Grayscale has made the decision…

Major Tech and Wall Street Institutions buys Bitcoin as the coin surges

There are now more institutions than ever before expressing interest to hold Bitcoin New trend of institutional investment will continue as there various instruments backed by Bitcoin emerge MicroStrategy holds 71,079 BTC in reserve, equivalent to over $3 Billion Institutional…

Bitcoin ETFs, a Rise in New Market Trend in crypto

Beginning of 2021 has been quite promising for the Bitcoin as it records its all time high in market value and possibilities rise in obtaining the green light for Bitcoin ETFs from the regulators. Bitcoin ETFs would bridge, exchange-traded funds…