The Grayscale Bitcoin Trust (GBTC) has been experiencing sustained outflows, leading to speculation about the remaining runway for its substantial bitcoin holdings. In this article, we delve into the current state of GBTC, the reasons behind the outflows, the emergence…
Bitcoin ETFs: Grayscale David LaValle Unveils Exciting Insights
In an exciting development, last month witnessed the launch of ten Bitcoin ETFs, including Grayscale’s offering. So, in a recent interview, David LaValle, a key figure at Grayscale, shared insights into the performance and the unique challenges faced by the…
Unveiling the Top 5 Largest Publicly-Traded Bitcoin Holders in the Crypto Realm
In the ever-evolving landscape of cryptocurrencies, Bitcoin continues to reign supreme as the most prominent digital asset. As the popularity and adoption of Bitcoin surges, it is essential to shed light on the top publicly-traded Bitcoin holders who have amassed…
How GBTC Arbitrage Led to Bitcoin Price Correction
The recent Bitcoin price correction has left many bewildered. So, punk9059 an account on X to his handle to shed light on the intricacies of this correction. Particularly its connection to the Grayscale Bitcoin Trust (GBTC) and the subsequent approval…
Spot Bitcoin ETF Deadline Approaches: Grayscale Offers 1.5% in $8 Trillion US ETF Market
As the deadline looms for spot Bitcoin ETF applicants to submit their final documents to US regulators, a distinctive contrast is emerging among the contenders regarding their proposed fee structures. In this highly competitive landscape of the $8 trillion US…
ARK Invest’s Bold Shift: Pivoting from Grayscale to ProShares Bitcoin ETF in Market-Shaping Move
In a significant move demonstrating its evolving investment strategy, ARK Invest, spearheaded by the visionary Cathie Wood, has made a bold pivot in its cryptocurrency-related holdings. This week marked a monumental shift as ARK offloaded its entire stake in the…
Crypto Visionary & the CEO of Grayscale, Michael Sonnenshein Champions Bitcoin Capitol Hill Voyage
Michael Sonnenshein, the CEO of Grayscale, highlighted the industry’s endeavours as they advocate for cryptocurrency on Capitol Hill. He emphasized the efforts to educate regulators to view cryptocurrencies through a well-informed lens, ensuring investor protection and fostering a conducive regulatory…
Grayscale CEO opposes JPMorgan’s Dimon for Being Optimistic About Ethereum
Key Highlights: Grayscale CEO Michael Sonnenshein playfully addressed JPMorgan CEO Jamie Dimon’s historical skepticism toward cryptocurrencies, especially Bitcoin, in light of JPMorgan’s recent optimistic forecast for Ethereum ‘s performance in 2024. JPMorgan’s Unusual Bullish Outlook on Ethereum Despite Dimon’s traditionally…
Grayscale is actively engaging with the Securities and Exchange Commission on Bitcoin ETF – Michael Sonnenshein
Grayscale CEO, Michael Sonnenshein, is optimistic about the future of the company’s proposed bitcoin exchange-traded fund (ETF) following a federal court ruling in their favor. This significant development could potentially lead to the debut of Grayscale’s spot bitcoin ETF in…
SEC in Discussions with Grayscale Investments over Bitcoin ETF Conversion
In a significant development for the cryptocurrency market, the United States Securities and Exchange Commission (SEC) has reportedly initiated discussions with Grayscale Investments regarding the conversion of Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin exchange-traded fund (ETF). This move…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
