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…
ARK Invest Divests GBTC Shares Amid Grayscale’s Battle for Bitcoin ETF Approval
We will analysise the recent ARK Invest’s investment activities and strategic moves in the ever-evolving cryptocurrency market. As the market experiences a notable recovery, ARK Invest, led by Cathie Wood, has been actively reshaping its portfolio to seize emerging opportunities.…
Bitcoin Surges to $35,000 as Grayscale Wins Court Battle for ETF Approval
We’ll delve into the people, transactions, and technology that make up the world of decentralized finance. In this comprehensive report, we’ll discuss the recent rise in Bitcoin’s price, Grayscale’s huge victory, and the ongoing quest for the first US-based ETF.…
Grayscale Submits Application for Exciting New Spot Bitcoin ETF on NYSE Arca
In a move that could potentially reshape the cryptocurrency investment landscape, Grayscale Investments, a leading name in the crypto industry, has filed a groundbreaking application with the United States Securities and Exchange Commission (SEC) for a novel spot Bitcoin Exchange-Traded…
Spot Bitcoin ETFs Within Reach as SEC Declines to Challenge Grayscale’s Court Victory
The United States Securities and Exchange Commission (SEC) has made a significant decision regarding the Grayscale Investments case, opting not to appeal the recent court ruling that favored the company. This development has increased the likelihood of the Grayscale Bitcoin…
Grayscale Submits SEC Filing for Ethereum Trust Conversion to Spot ETF
In a significant move within the world of cryptocurrency investment, Grayscale Investments has submitted an application to the U.S. Securities and Exchange Commission (SEC) seeking approval to convert its popular Grayscale Ethereum Trust into a spot Ethereum exchange-traded fund (ETF).…
Altcoins at a Glance – The Latest on TON, XRP, DOGE, ETH and LINK
The week has been a mix of boring and exciting news. By now, you would have probably heard that the Fed is pausing rate hikes, but the current ones are high as it is. So, nothing to be happy about. …
Ethereum Community Panics as Grayscale Takes New Stance as They Abandon ETH Proof-of-work Tokens
Grayscale is one of the leading financial institutions in the world, and they have an interest in the crypto industry. So, they recently made a new decision regarding Ethereum PoW tokens. Grayscale Moves Away from Ethereum Proof of Work Many…
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,…
