Spot #BitcoinETF's global attention surged post-approval, listing on exchanges, marking a mainstream adoption milestone.
#Grayscale dominates as the leading #Bitcoin #ETF holder, surpassing competitors like #BlackRock and #Fidelity Investments.
https://coinpedia.org/news/united-states-in-total-hold-638900-btc-approximately-27-billion-by-market-value/
#Grayscale dominates as the leading #Bitcoin #ETF holder, surpassing competitors like #BlackRock and #Fidelity Investments.
https://coinpedia.org/news/united-states-in-total-hold-638900-btc-approximately-27-billion-by-market-value/
CoinPedia
Shocking! Analyst Reveals How Much Bitcoin USA Giants are Holding
The recent approval of the spot Bitcoin ETF has sent ripples across the market, swiftly making its mark on exchanges. This landmark event not only grabbed
#FTX sells $1 billion in GBTC shares after #Grayscale Bitcoin Trust conversion into ETF. #CryptoNews
FTX's bankruptcy estate liquidation raises speculation about easing selling pressure on GBTC in the market.
https://coinpedia.org/news/ftx-crashed-bitcoin-price-below-40k-heres-how/
FTX's bankruptcy estate liquidation raises speculation about easing selling pressure on GBTC in the market.
https://coinpedia.org/news/ftx-crashed-bitcoin-price-below-40k-heres-how/
Coinpedia Fintech News
Bankrupt FTX Dumps $1 Billion GBTC, Causes Massive BTC Price Dip
In a surprising twist, FTX, currently navigating Chapter 11 Bankruptcy, has successfully sold around $1 billion worth of Grayscale Bitcoin Trust (GBTC)
Top #CryptoNews In Last 12 Hours
1️⃣ #Bitcoin spot ETFs saw $146M inflow for 9 days. #Grayscale had $80.78M outflow, while other #ETFs gained $226M. Fidelity gained $130M.
2️⃣Hong Kong proposes legislative consultation on #cryptocurrency and fiat currency swaps, License required from the Commissioner of Customs, anti-money laundering supervision, transitional arrangements.
3️⃣ #Binance Launchpool introduces Pixels (PIXEL) game on #Ronin Network. Users can farm PIXEL tokens by staking BNB and FDUSD.
4️⃣ Hong Kong SFC updates crypto exchange license: adds bitV, YAX, Bullish. 16 total applicants; Ammbr, BitHarbour, Meex applications returned.
5️⃣ #OKX launches exchange and Web3 wallet in Argentina, supporting Spanish and local payment methods. President Hong Fang emphasizes regional growth strategy.
6️⃣ Justin Sun transferred $258M worth of stETH to EigenLayer 11 hours ago. His address still holds $301M worth of WSTETH.
7️⃣ SEC's Hester Peirce advocates for a #crypto innovation-friendly safe harbor, proposing a three-year grace period for development teams to participate and create a #decentralized network.
#Crypto #Blockchain
1️⃣ #Bitcoin spot ETFs saw $146M inflow for 9 days. #Grayscale had $80.78M outflow, while other #ETFs gained $226M. Fidelity gained $130M.
2️⃣Hong Kong proposes legislative consultation on #cryptocurrency and fiat currency swaps, License required from the Commissioner of Customs, anti-money laundering supervision, transitional arrangements.
3️⃣ #Binance Launchpool introduces Pixels (PIXEL) game on #Ronin Network. Users can farm PIXEL tokens by staking BNB and FDUSD.
4️⃣ Hong Kong SFC updates crypto exchange license: adds bitV, YAX, Bullish. 16 total applicants; Ammbr, BitHarbour, Meex applications returned.
5️⃣ #OKX launches exchange and Web3 wallet in Argentina, supporting Spanish and local payment methods. President Hong Fang emphasizes regional growth strategy.
6️⃣ Justin Sun transferred $258M worth of stETH to EigenLayer 11 hours ago. His address still holds $301M worth of WSTETH.
7️⃣ SEC's Hester Peirce advocates for a #crypto innovation-friendly safe harbor, proposing a three-year grace period for development teams to participate and create a #decentralized network.
#Crypto #Blockchain
#Grayscale sold $41 million worth of #Bitcoin, impacting its price around the $47K mark. #CryptoNews
Other #ETF providers increase Bitcoin holdings as Grayscale reallocates $83 million, influencing short-term price targets.
https://coinpedia.org/news/grayscale-sells-41m-in-bitcoin-amid-btcs-47k-struggle-impact-on-bull-run/
Other #ETF providers increase Bitcoin holdings as Grayscale reallocates $83 million, influencing short-term price targets.
https://coinpedia.org/news/grayscale-sells-41m-in-bitcoin-amid-btcs-47k-struggle-impact-on-bull-run/
CoinPedia
Grayscale Sells $41M In Bitcoin Amid BTC’s $47K Struggle: Impact On Bull Run?
Grayscale, one of the leading digital asset management firms, has reportedly sold $41 million worth of Bitcoin. This significant transaction comes at a
🔵Top #CryptoNews of This Week #Cryptocurrency
1️⃣ #Solana network experienced a 52+ minute outage, halting transactions and affecting smart contracts and projects.
2️⃣ #MicroStrategy boosted #Bitcoin holdings by 31,755 in Q4 2023, reaching a total of 190,000. Revenue dipped 6.1%, but remained profitable.
3️⃣ US SEC introduced rules for #DeFi liquidity providers. DeFi Education Fund criticized. SEC Chair defended changes, emphasizing investor protection.
4️⃣ South Korea enforced new #regulations on #crypto to curb illegal activities, aiming to safeguard assets and protect consumer interests.
5️⃣South Korea investigated #OKX for operating without registration. Crackdown aimed to foster safe, regulated #cryptomarket with stricter enforcement.
6️⃣ #Ethereum prepared for #Dencun upgrade, set for March 13. Expected to improve performance, scalability, could affect $ETH prices.
7️⃣ #Ripple's CTO David Schwartz, in an interview with Tony Edward, founder of Thinking Crypto, suggests a "reasonable chance" of SEC vs Ripple case conclusion this year raising community hopes.
8️⃣ #Hacken discovered a connection between the Ripple chairman's hack and the XRP official wallet. 213 million XRP ($112.5m) was stolen, suggesting someone from inside was involved.
9️⃣ Former #FTX CEO, Sam Bankman-Fried, ordered to appear in court by US Judge Lewis Kaplan on February 21, 2024.
🔟 #Grayscale, a major digital asset management firm, reportedly sold $41 million worth of Bitcoin amid #Bitcoin's price surge.
1️⃣ #Solana network experienced a 52+ minute outage, halting transactions and affecting smart contracts and projects.
2️⃣ #MicroStrategy boosted #Bitcoin holdings by 31,755 in Q4 2023, reaching a total of 190,000. Revenue dipped 6.1%, but remained profitable.
3️⃣ US SEC introduced rules for #DeFi liquidity providers. DeFi Education Fund criticized. SEC Chair defended changes, emphasizing investor protection.
4️⃣ South Korea enforced new #regulations on #crypto to curb illegal activities, aiming to safeguard assets and protect consumer interests.
5️⃣South Korea investigated #OKX for operating without registration. Crackdown aimed to foster safe, regulated #cryptomarket with stricter enforcement.
6️⃣ #Ethereum prepared for #Dencun upgrade, set for March 13. Expected to improve performance, scalability, could affect $ETH prices.
7️⃣ #Ripple's CTO David Schwartz, in an interview with Tony Edward, founder of Thinking Crypto, suggests a "reasonable chance" of SEC vs Ripple case conclusion this year raising community hopes.
8️⃣ #Hacken discovered a connection between the Ripple chairman's hack and the XRP official wallet. 213 million XRP ($112.5m) was stolen, suggesting someone from inside was involved.
9️⃣ Former #FTX CEO, Sam Bankman-Fried, ordered to appear in court by US Judge Lewis Kaplan on February 21, 2024.
🔟 #Grayscale, a major digital asset management firm, reportedly sold $41 million worth of Bitcoin amid #Bitcoin's price surge.
Top #CryptoNews In Last 12 Hours
1️⃣#Genesis Global Holdco holds $1.6B shares in #Grayscale Trusts, permitted to liquidate $1.3B GBTC shares by court.
2️⃣#PlayDapp hit by two #hacks in a week, losing $290M PLA tokens, prompting swift response and ongoing communication with hacker.
3️⃣ #Revolut considers listing #Solana meme coin #Bonk, plans massive token distribution in "Learn and Earn" campaign.
4️⃣SEC Chair #Gensler's recent interview didn't shed light on #EthereumETF approvals, causing uncertainty in the #cryptomarket
5️⃣#Coinbase shares surged 37% amid #Bitcoin's rise, ahead of strong Q4 earnings. Analysts predict revenue boost and increased trading volumes.
6️⃣#Bakkt secures regulatory approval for $150M securities sale after declaring financial ability to continue.
7️⃣Sean McBride, ex-Ripple director, suggests #XRP could become a #stablecoin, World Bank's recognition stirs speculation. Ripple prioritizes XRP utility.
1️⃣#Genesis Global Holdco holds $1.6B shares in #Grayscale Trusts, permitted to liquidate $1.3B GBTC shares by court.
2️⃣#PlayDapp hit by two #hacks in a week, losing $290M PLA tokens, prompting swift response and ongoing communication with hacker.
3️⃣ #Revolut considers listing #Solana meme coin #Bonk, plans massive token distribution in "Learn and Earn" campaign.
4️⃣SEC Chair #Gensler's recent interview didn't shed light on #EthereumETF approvals, causing uncertainty in the #cryptomarket
5️⃣#Coinbase shares surged 37% amid #Bitcoin's rise, ahead of strong Q4 earnings. Analysts predict revenue boost and increased trading volumes.
6️⃣#Bakkt secures regulatory approval for $150M securities sale after declaring financial ability to continue.
7️⃣Sean McBride, ex-Ripple director, suggests #XRP could become a #stablecoin, World Bank's recognition stirs speculation. Ripple prioritizes XRP utility.
#Grayscale CEO urges SEC for #GBTC options, essential for #investors amid #Bitcoin's price rally. #cryptonews
Regulatory complexities challenge options approval despite Bitcoin's surging interest and Grayscale's advocacy efforts.
https://coinpedia.org/news/grayscale-seeks-sec-nod-for-bitcoin-etf-options-as-crypto-prices-rally/
Regulatory complexities challenge options approval despite Bitcoin's surging interest and Grayscale's advocacy efforts.
https://coinpedia.org/news/grayscale-seeks-sec-nod-for-bitcoin-etf-options-as-crypto-prices-rally/
CoinPedia
Grayscale Pushes SEC for Options Approval on Bitcoin ETF
In a bold move, Grayscale Investments, a major crypto asset manager, is urging the U.S. Securities and Exchange Commission (SEC) to approve options
Here are the Top 5 Stocks with over $10B Market Cap dominating the charts:
#Microstrategy, #Coinbase, followed by #Celsius, #SuperMicroComputer, and #Grayscale.
#Microstrategy, #Coinbase, followed by #Celsius, #SuperMicroComputer, and #Grayscale.
What's Behind the SEC's Delay on #Grayscale's #Ethereum Futures Trust #ETF?
Grayscale's Latest Deadline Extension Raises Questions
#CryptoNews #Crypto
https://coinpedian.substack.com/p/sec-postpones-decision-on-grayscales
Grayscale's Latest Deadline Extension Raises Questions
#CryptoNews #Crypto
https://coinpedian.substack.com/p/sec-postpones-decision-on-grayscales
Substack
SEC Postpones Decision on Grayscale's Ethereum Futures Trust ETF
What Lies Ahead?
Top #CryptoNews in The Last Week
1️⃣ #FED kept Interest rates at 5.25%-5.50% for the 5th time. Predicted 2.6% core PCE inflation by 2024
2️⃣ #Bitcoin spot #ETFs saw four days of outflows. #Grayscale's GBTC had $358M outflow. BlackRock's IBIT had $233M inflow
3️⃣ SEC investigates #Ethereum transition to POS. Legal action pursued to classify Ethereum as security
4️⃣ #BlackRock launches tokenized asset fund on Ethereum.Fund backed by cash, bonds, distributed via #blockchain
5️⃣ Nigerian court orders #Binance to disclose user data to EFCC.Binance compliance chief detained in Nigeria
6️⃣ #OKX stops services in India due to regulations. Users asked to withdraw funds by April 30th
7️⃣ Do Kwon faces legal hurdles Montenegrin court orders house arrest, travel restrictions.Extradition halted
8️⃣ #MicroStrategy surpasses U.S. & China in #Bitcoin holdings,now owning 1% of total Bitcoin (#BTC)
9️⃣ SEC files opening remedies brief against #Ripple, documents currently sealed, to be redacted & released by March 26.
1️⃣ #FED kept Interest rates at 5.25%-5.50% for the 5th time. Predicted 2.6% core PCE inflation by 2024
2️⃣ #Bitcoin spot #ETFs saw four days of outflows. #Grayscale's GBTC had $358M outflow. BlackRock's IBIT had $233M inflow
3️⃣ SEC investigates #Ethereum transition to POS. Legal action pursued to classify Ethereum as security
4️⃣ #BlackRock launches tokenized asset fund on Ethereum.Fund backed by cash, bonds, distributed via #blockchain
5️⃣ Nigerian court orders #Binance to disclose user data to EFCC.Binance compliance chief detained in Nigeria
6️⃣ #OKX stops services in India due to regulations. Users asked to withdraw funds by April 30th
7️⃣ Do Kwon faces legal hurdles Montenegrin court orders house arrest, travel restrictions.Extradition halted
8️⃣ #MicroStrategy surpasses U.S. & China in #Bitcoin holdings,now owning 1% of total Bitcoin (#BTC)
9️⃣ SEC files opening remedies brief against #Ripple, documents currently sealed, to be redacted & released by March 26.
SEC delays decision on #EthereumETFs , leaving investors and #Grayscale Investments on edge.
What's next for Ethereum's market?
https://coinpedia.org/news/sec-delays-decision-on-ethereum-etfs-whats-next-for-grayscale/
What's next for Ethereum's market?
https://coinpedia.org/news/sec-delays-decision-on-ethereum-etfs-whats-next-for-grayscale/
CoinPedia
Clock Ticking for Spot Ethereum ETF: Will Grayscale’s New Strategy Pay Off?
The U.S. Securities and Exchange Commission (SEC) continues to keep everyone guessing as it extends the deadline for making a call on Ethereum-based
Top #CryptoNews This Week
1️⃣ #Grayscale's #GBTCETF nets $28.195 million, while #Fidelity's #FBTC leads with $379 million inflow.
2️⃣ SEC Chair #Gensler suggests slow #ETHETF approval, criticizes #cryptoexchanges' activities as unconventional.
3️⃣ ECB cuts rates by 25 basis points, forecasts inflation increase, expects moderate easing amid strong domestic pressures.
4️⃣Bank of Canada cuts rates to 4.75%, aiming to support economic growth amid declining #inflation.
5️⃣#Bitpanda partners with Deutsche Bank for real-time #crypto payments, enhancing German user experience.
6️⃣ #Robinhood to acquire Bitstamp for $200 million, subject to regulatory approval, expanding global presence
7️⃣ #Bybit opens registration for mainland China users, causing internal panic; aims to tap into new markets
8️⃣ Chinese student sentenced to 4 years for #Memecoin fraud; issued BFF causing losses over 50,000 USDT
9️⃣#Vitalik Buterin criticizes celebrity involvement in crypto, calls for focus on public interest initiatives
1️⃣ #Grayscale's #GBTCETF nets $28.195 million, while #Fidelity's #FBTC leads with $379 million inflow.
2️⃣ SEC Chair #Gensler suggests slow #ETHETF approval, criticizes #cryptoexchanges' activities as unconventional.
3️⃣ ECB cuts rates by 25 basis points, forecasts inflation increase, expects moderate easing amid strong domestic pressures.
4️⃣Bank of Canada cuts rates to 4.75%, aiming to support economic growth amid declining #inflation.
5️⃣#Bitpanda partners with Deutsche Bank for real-time #crypto payments, enhancing German user experience.
6️⃣ #Robinhood to acquire Bitstamp for $200 million, subject to regulatory approval, expanding global presence
7️⃣ #Bybit opens registration for mainland China users, causing internal panic; aims to tap into new markets
8️⃣ Chinese student sentenced to 4 years for #Memecoin fraud; issued BFF causing losses over 50,000 USDT
9️⃣#Vitalik Buterin criticizes celebrity involvement in crypto, calls for focus on public interest initiatives
Top #CryptoNews This Week
1️⃣ #Bitcoin prices fell 8% to $53,918 on Friday, marking their lowest since late Feb.
2️⃣#MtGox Trustee repaid Bitcoin and Bitcoin Cash to creditors via crypto exchanges on July 5
3️⃣ #Fed's Powell noted more progress needed before cutting rates, despite tackling inflation issues
4️⃣ U.S. Marshals Service partnered with #Coinbase Prime for custody and trading of digital assets
5️⃣ Bloomberg analyst predicted #EthereumETF might start trading around July 15 after resubmissions
6️⃣ German lawmaker criticized the government for selling $195 million in #Bitcoin, causing market volatility
7️⃣ #Circle began issuing USDC and EURC in the EU under new MiCA regulations from July 1
8️⃣ #Grayscale remained optimistic about crypto valuations recovering, predicting an Ethereum ETP in Q3
9️⃣ Sony acquired Amber Japan, renamed it S.BLOX & planned enhancements for crypto trading services
🔟 #Vitalik proposed faster transaction confirmation methods for #Ether using Single-Slot Finality
1️⃣ #Bitcoin prices fell 8% to $53,918 on Friday, marking their lowest since late Feb.
2️⃣#MtGox Trustee repaid Bitcoin and Bitcoin Cash to creditors via crypto exchanges on July 5
3️⃣ #Fed's Powell noted more progress needed before cutting rates, despite tackling inflation issues
4️⃣ U.S. Marshals Service partnered with #Coinbase Prime for custody and trading of digital assets
5️⃣ Bloomberg analyst predicted #EthereumETF might start trading around July 15 after resubmissions
6️⃣ German lawmaker criticized the government for selling $195 million in #Bitcoin, causing market volatility
7️⃣ #Circle began issuing USDC and EURC in the EU under new MiCA regulations from July 1
8️⃣ #Grayscale remained optimistic about crypto valuations recovering, predicting an Ethereum ETP in Q3
9️⃣ Sony acquired Amber Japan, renamed it S.BLOX & planned enhancements for crypto trading services
🔟 #Vitalik proposed faster transaction confirmation methods for #Ether using Single-Slot Finality
Top #CryptoNews of This Week
1️⃣ SEC allowed spot #ETH #ETF issuers to start trading on July 23.
2️⃣ #MtGox poll shows 55% will not sell Bitcoin compensation received.
3️⃣Trump’s #Bitcoin conference expected record attendance; security tightened after assassination attempt.
4️⃣#Trump announced fourth NFT release, urged Fed to avoid rate cuts before November.
5️⃣Powell stated #Fed won’t wait for 2% inflation before cutting rates.
6️⃣#Vitalik opposes choosing political allies based solely on crypto support.
7️⃣a16z’s Marc Andreessen backed Trump, criticizing #Biden’s overregulation stance.
8️⃣#BlackRock’s Larry Fink declared Bitcoin a legitimate financial instrument.
9️⃣#Grayscale launched Decentralized AI Fund to invest in #AI and #crypto.
🔟Indian exchange #WazirX hacked; losses exceed $230 million with significant asset theft.
1️⃣ SEC allowed spot #ETH #ETF issuers to start trading on July 23.
2️⃣ #MtGox poll shows 55% will not sell Bitcoin compensation received.
3️⃣Trump’s #Bitcoin conference expected record attendance; security tightened after assassination attempt.
4️⃣#Trump announced fourth NFT release, urged Fed to avoid rate cuts before November.
5️⃣Powell stated #Fed won’t wait for 2% inflation before cutting rates.
6️⃣#Vitalik opposes choosing political allies based solely on crypto support.
7️⃣a16z’s Marc Andreessen backed Trump, criticizing #Biden’s overregulation stance.
8️⃣#BlackRock’s Larry Fink declared Bitcoin a legitimate financial instrument.
9️⃣#Grayscale launched Decentralized AI Fund to invest in #AI and #crypto.
🔟Indian exchange #WazirX hacked; losses exceed $230 million with significant asset theft.
Source :@FarsideUK
On July 26, #Ethereum spot #ETFs saw a total net outflow of $163 million. Specifically:
🔵#Grayscale Ethereum Trust ETF (ETHE): $356 million outflow
🔵Grayscale Mini ETF (ETH): $44.94 million inflow
🔵#BlackRock ETF (ETHA): $87.22 million inflow
On July 26, #Ethereum spot #ETFs saw a total net outflow of $163 million. Specifically:
🔵#Grayscale Ethereum Trust ETF (ETHE): $356 million outflow
🔵Grayscale Mini ETF (ETH): $44.94 million inflow
🔵#BlackRock ETF (ETHA): $87.22 million inflow