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…
Grayscale Chainlink (LINK crypto) Trust Surges sees a Strong Institutional Demand
In the dynamic realm of cryptocurrencies, Chainlink’s LINK has emerged as a leading force, revolutionizing decentralized data networks. As institutional interest in Chainlink continues to gain momentum, a regulated investment product, Grayscale Chainlink Trust (GLNK), has captured the attention of…
FTX Seeks Approval to Sell Grayscale and Bitwise Assets Valued at $744M
In a significant development, FTX, a bankrupt crypto exchange, and its debtors have filed a request with the U.S. bankruptcy court of Delaware to seek approval for the sale of trust assets. Estimated to be valued at a staggering $744…
Grayscale’s Ethereum ETF Initiates 240-Day Evaluation Period, Anticipates Bitcoin Equivalent in January
Grayscale, the renowned crypto giant, has recently submitted an application to the U.S. government for the launch of an Ethereum Exchange-Traded Fund (ETF) targeting the spot market. This move has significant implications as it initiates a 240-day timeline for the…
How did the USDT laundering case move over $1 billion?
The unsealing of a criminal case in the Eastern District of Virginia has drawn attention to a major usdt laundering case involving Miami-based Jorge Figueira, a national of Venezuela and Spain. Court filings allege he ran a money laundering conspiracy…
Vitalik Buterin Unveils Kohaku: The Game-Changing Privacy Framework Revolutionizing Ethereum Wallets in 2025-2026
Buenos Aires, Argentina – In a highly anticipated keynote at Ethereum Cypherpunk Congress 2 on November 16, Ethereum co-founder Vitalik Buterin introduced Kohaku, a bold new privacy framework designed to make private transactions the default experience for Ethereum wallet users.…
