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JPMorgan Casts A Shadow On Bitcoin Rally, Questions Sustainability Post-ETF Hype
Thursday, November 9, 2023 - 1:42pm | 681Read More...JPMorgan (NYSE: JPM) analysts have cast doubt on the recent crypto market surge, describing it as “overdone.” They attribute the rally to two main factors: the potential approval of a spot Bitcoin (CRYPTO: BTC) ETF in the U.S., and recent legal victories for the crypto industry. However...
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FTX Bankruptcy Drama Intensifies: Multimillion Trust Assets Hang In The Balance
Monday, November 6, 2023 - 11:31am | 720Read More...Collapsed FTX exchange and its debtors appealed to the U.S. bankruptcy court of Delaware for approval of the sale of some trust assets which are funds of Grayscale and Bitwise valued at around $744 million. What Happened: A court filing on Friday has proposed the sale or transfer of trust...
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Spot Bitcoin ETF Approval In January Looks Promising, Says Bernstein Research
Tuesday, October 31, 2023 - 12:50pm | 535Read More...Enthusiasm for a spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF) continues to surge, and analysts now believe its probable approval in early January "looks highly likely," according to Bernstein Research. The SEC's recent active engagement, marked by its feedback on ETF...
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Spot Bitcoin ETF Set For Approval In A Few Months, Predicts Former SEC Insider
Friday, October 27, 2023 - 1:48pm | 826Read More...There's an increased expectation of a spot Bitcoin (CRYPTO: BTC) Exchange Traded Fund (ETF) being approved in the coming months, in light of recent developments surrounding cryptocurrency regulations. This news aligns with the upcoming Benzinga's Future of Digital Assets conference...
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Grayscale's Dave LaValle Hints At More Digital Asset-Backed ETFs To Come
Friday, October 27, 2023 - 9:04am | 963Read More...With the recent appearance and subsequent disappearance of the BlackRock spot Bitcoin (CRYPTO: BTC) ETF ticker on the Depository Trust & Clearing Corporation's (DTCC) listings, a Bitcoin Fund is looking inevitable. Dave LaValle, the global head of ETFs for Grayscale Investments, which...
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Grayscale Partners With FTSE Russell To Launch New Crypto Sector Indices
Tuesday, October 24, 2023 - 3:51pm | 644Read More...While awaiting a Spot Bitcoin ETF approval, Grayscale announced the FTSE Grayscale Crypto Sector Index Series, a novel way to look at the digital asset market and measure the performance of the rapidly growing crypto space. What Happened: Digital currency asset manager, Grayscale...
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Bitcoin ETF Vanishes From DTCC Site, BTC Price Dips: Market Reacts To BlackRock's Anticipated Fund Disappearance
Tuesday, October 24, 2023 - 2:45pm | 519Read More...Bitcoin's (CRYPTO: BTC) recent surge past the $35,000 mark was short-lived, with a sudden 3% drop after BlackRock's (NYSE: BLK) much-anticipated Bitcoin ETF disappeared from the DTCC website and the Bloomberg terminal. The ticker for BlackRock's ETF, IBTC, which was poised to be a...
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Coinbase Legal Chief Predicts Bitcoin ETF Approval: SEC Will 'Fulfill Its Responsibilities'
Friday, October 20, 2023 - 10:46am | 613Read More...Coinbase's (NASDAQ: COIN) Chief Legal Officer, Paul Grewal, on Friday expressed optimism about the Securities and Exchange Commission (SEC) approving a U.S. Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF), saying that the financial watchdog will "fulfill its responsibilities."...
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EXCLUSIVE: Grayscale's Dave LaValle Counts ETFs Among The 'Greatest Financial Innovations Of Our Generation'
Wednesday, October 18, 2023 - 5:54pm | 1233Read More...Dave LaValle is the Global Head of ETFs for Grayscale Investments, a U.S.-based digital currency asset management company and a Digital Currency Group (DCG) subsidiary founded in 2013. Grayscale says it is the world's largest crypto assets manager, and based on last week's decision by...
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Bitcoin Offshoot Skyrockets 20% In A Week, Leaving Bitcoin, Ethereum In The Dust: What's Happening?
Wednesday, October 18, 2023 - 1:11am | 594Read More...Bitcoin SV (CRYPTO: BSV) has experienced a remarkable surge of 20% in the past seven days, outperforming its counterparts Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in terms of gains. As of the time of writing, BSV is trading at $39.85. What Happened: The primary driving force behind...
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Bitcoin Soars to $30,000 Monday After Spot ETF Rumor, Then Crashes, Liquidating $81M In Positions
Monday, October 16, 2023 - 2:15pm | 606Read More...Bitcoin (CRYPTO: BTC) experienced a price surge from $27,900 to $30,000 Monday due to a misleading announcement about a spot ETF approval on the social platform X, formerly known as Twitter. This misinformation resulted in approximately $100 million in liquidations within an hour. The price move in...
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EXCLUSIVE: Tim Draper Reflects On Bitcoin ETF As Grayscale Announces New Ethereum Fund
Tuesday, October 3, 2023 - 9:20am | 853Read More...A Bitcoin (CRYPTO: BTC) ETF is looking very likely, with the world's leading crypto asset manager, Grayscale, as a possible front-runner to be approved by the SEC. In the meantime, Grayscale is lengthening its lead by applying to convert the Grayscale Ethereum Trust (ETHE) to a spot...
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Grayscale Gives Up On Ethereum Proof-of-Work (ETHPoW), Signaling End Of An Era
Wednesday, September 20, 2023 - 1:45pm | 528Read More...Grayscale Investments officially relinquished its rights to the post-Merge Proof-of-Work Ethereum (CRYPTO: ETH) tokens, known as ETHPoW. In a statement released on Sept. 18, Grayscale clarified that after comprehensive analysis it was evident ETHPoW tokens lacked substantial...
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Billionaire Reveals Portfolio - Why He's Betting On Bitcoin, MicroStrategy And Crypto Miners
Thursday, September 7, 2023 - 4:00pm | 471Read More...Influential Mexican billionaire, Don Ricardo Salinas Pliego has offered a deep dive into his strategic investment choices, placing significant emphasis on Bitcoin (CRYPTO: BTC), MicroStrategy (NASDAQ: MSTR), a selection of mining corporations, major oil businesses, and ventures within the gold...
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Why Bitcoin Whales Seems To Be Unfazed By Recent Market Weakness?
Saturday, September 2, 2023 - 3:06am | 611Read More...In the face of the latest market volatility, Bitcoin (CRYPTO: BTC) whales have displayed remarkable resilience, leaving cryptocurrency enthusiasts and investors intrigued by their unfazed behavior. What Happened: Despite the recent tumultuous swings in the cryptocurrency market, Bitcoin...
















