Bitcoin’s Grayscale Bitcoin Trust (GBTC) could potentially erase its BTC price “discount” in 2024, according to a recent post by CoinGlass. The fund, which contains over 600,000 BTC, has traded at a discount to the Bitcoin spot price since February 2021. This was due to the U.S. Securities and Exchange Commission (SEC) not considering GBTC’s […]
Ripple Labs Inc. has been resilient in the face of its three-year-long lawsuit with the United States Securities and Exchange Commission (SEC). Despite the enforcement action which imparted negatively on its associated cryptocurrency XRP, the coin has remained one of the top digital currencies globally.A deep exposition has been made into what is now tagged, […]
The world’s largest altcoin, Ether, has been under pressure due to the market corrections of 2022. Despite this, data suggests that the asset is still viable. On-chain transaction and trading volumes have experienced a notable decline since their peak in early November of the previous year, indicating a lack of enthusiasm among traders.According to Santiment’s […]
Hong Kong-based retail cryptocurrency traders now have access to a locally based cryptocurrency exchange after HashKey launched its retail trading services on Aug. 28. The exchange was previously only available to professional and institutional investors, but was granted Type 1 and Type 7 licenses by the Hong Kong Securities and Futures Commission (SFC) on Aug. […]
A three-judge panel in Washington D.C. has overturned the decision of the U.S. Securities and Exchange Commission (SEC) to reject Grayscale’s efforts to launch a Bitcoin ETF based on spot prices. Grayscale had provided substantial evidence of a 99.9% correlation between Bitcoin’s spot and derivative markets, which is based on the logical and mathematical connection […]
The crypto market is volatile yet captivating, and the recent prediction by crypto analyst Ali Martinez of a potential Bitcoin dip to $20,590 has stirred the community. Investors are looking to diversify their portfolios and gain returns on their investment, and InQubeta’s presale has attracted immense interest due to its innovative approach and features.InQubeta is […]
Binance is launching a new solution in Latin America called Send Cash, designed to facilitate more efficient crypto to local bank transfers. This advancement comes after Binance’s decision to discontinue its crypto card services in the same region, which reportedly affected less than 1% of its users. Send Cash will enable users to leverage Binance […]
The Warp Protocol, powered by Terraform Labs PTE Ltd., is now live on Neutron, a cross-chain focused decentralized automation protocol. This integration will enable developers to create limitless automation capabilities, reducing costs and empowering them to develop new features. Neutron is known for its top security features, staked capital, and cross-chain infrastructure, which will enable […]
The Shiba Inu (SHIB) community has been eagerly awaiting the launch of Shibarium, a layer 2 network that hopes to become a leading name in the decentralized finance, or DeFi, ecosystem. The launch of Shibarium has caused the price of Shiba Inu to tumble by 9.2% in the last 24 hours. Despite this, the price […]
Tether, the issuer of the world’s largest stablecoin, has reportedly found a new banking partner in the Bahamas-based Britannia Financial Group. The USDT issuer has been leaning on Britannia Bank & Trust to process its US Dollar transfers after several traditional financial institutions cut ties with the crypto industry.Citing people familiar with the matter, Bloomberg […]
