Grayscale

A significant uptick in whale activity has been observed, particularly influencing the performance of several altcoins. What Happened: A recent analysis by Santiment suggested these large-scale investors are actively participating in networks with transfers exceeding $10 million, leading to...

Former SEC Chairman Jay Clayton believes the U.S. will eventually greenlight a spot Bitcoin ETF. What Happened: In an interview with CNBC on Friday, Clayton stated, “Approval is inevitable.” He highlighted the existing scenario where retail investors can trade a Bitcoin futures...

A subsidiary of Hong Kong-based crypto conglomerate HashKey Group is set to unveil a pioneering secondary crypto market fund that aims to allocate its resources to emerging cryptocurrencies. HashKey Capital strives to surpass the performance of the dominant Bitcoin (CRYPTO: BTC), the fund said...

Dogecoin (CRYPTO: DOGE) co-creator Billy Markus on Wednesday proposed the idea of building a colossal Bitcoin (CRYPTO: BTC)  temple if the price of BTC were to reach one million dollars per coin.  What Happened: The notion was expressed during a discussion with Michael Saylor, CEO of...

ARK Invest, led by Cathie Wood, in collaboration with 21Shares, has submitted applications for two futures exchange-traded fund (ETF) products centered on Ether (CRYPTO: ETH) and Bitcoin (CRYPTO: BTC). This move places them among a growing number of firms eager to introduce similar offerings....

As the price of Bitcoin (CRYPTO: BTC) experiences fluctuations ahead of the U.S. Federal Reserve's upcoming interest rate decision on Wednesday, Grayscale has suggested cryptocurrency prices could still benefit from a rate increase, provided that the outcome aligns with market expectations...

Grayscale has announced the public trading of its Solana Trust under the ticker symbol GSOL (OTC: GSOL), making it the latest addition to the 15 other cryptocurrency investment products the company offers on OTC Markets. With 304,427 outstanding shares as of Friday, investors with access to U.S....

Digital asset investment products recorded a 5.25% increase in assets under management (AUM) in February, reaching $28.3 billion, marking the third consecutive monthly increase and the highest AUM recorded since May 2022. This signifies investors' bullish sentiment and their increased appetite...

Crypto company Digital Currency Group (DCG) is selling stakes in some of its investment funds at a steep discount to raise capital, as it tries to pay back creditors of its bankrupt lending unit Genesis, Financial Times reported, citing U.S. securities filings. The sale of the shares in several of...

As the largest digital currency asset manager, Grayscale leads the way in helping investors access digital assets. Grayscale Bitcoin Trust (GBTC) is an important part of that. At over $14.5 billion, it is the largest Bitcoin trust according to Grayscale, and one of the first securities solely...

Stablecoin issuer Circle (CRYPTO: USDC) has stated that the Securities and Exchange Commission is to blame for the failure of its $9 billion plans to go public through a SPAC deal. What Happened: The group abandoned listing plans in December, telling the Financial Times that the deal fell...

The District of Columbia Court of Appeals has scheduled a date to hear oral arguments in Grayscale's lawsuit against the Securities and Exchange Commission's (SEC) decision to deny the conversion of its Grayscale Bitcoin Trust (OTC: GBTC) to an exchange-traded fund (ETF). The hearing...

Ark Investment Management CEO Cathie Wood believes the decentralization and transparency of Bitcoin (CRYPTO: BTC) make it unsuitable in the eyes of former FTX CEO Sam Bankman-Fried. What Happened: Wood took to Twitter on Saturday to deliver a firm...

A crypto analyst has predicted price targets for apex cryptocurrency Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL), in the wake of FTX (CRYPTO: FTT) collapse. What Happened: Pseudonymous cryptocurrency analyst Altcoin Sherpa said on Twitter that Ethereum's...

As part of the Coindesk Consensus 2022, on June 10, Bitwise and Grayscale are hopeful that a spot Bitcoin (CRYPTO: BTC) ETF will soon be approved. What Happened: Prior to this announcement, Grayscale and Bitwise have only had futures Bitcoin ETF applications approved. The approval of...