Ethereum is currently witnessing one of its most engaging periods in the industry. During the month of March, the coin suffered a major setback but the largest altcoin asset was able to rally back into a strong position. Now, according to recent reports, Grayscale, one of the largest digital asset manager firm in the industry, […]
Search Results for: grayscale bitcoin trust
Will the Bitcoin ETF Get Approved in 2020 as an Institutional Demand Increase?
Over the last few years, a particular bitcoin discussion that has repeatedly made headlines is about the Bitcoin ETF. On the downside, the headlines have mainly painted the words ‘rejection’ and ‘SEC.‘ Since 2019, a list of notable institutions and firms has forwarded their proposal for a Bitcoin ETF to the U.S. Securities and Exchange […]
Sonnenshein: Bitcoin As An Asset Class Is Here To Stay
The digital currency market may experience significant regulatory lucidity by 2021. In an unrivaled move, the SEC Commissioner; Hester Peirce at the recent International Blockchain Congress in Chicago suggested that tokens require a three-year grace period before being scrutinized under the SEC’s securities evaluation criteria. These kinds of developments arrive when the cryptocurrency industry has […]
Bitcoin Expected To Receive More Institutional Investors as Grayscale Investments Gets Recognized By The SEC
Cryptocurrency companies have been making a name for themselves in the past couple of months with several achieving mainstream status. One of the biggest winners in that category has been Grayscale Bitcoin Trust, the company that launched the famous “DropGold” campaign. Just recently, Grayscale Investments announced that it has become an SEC reporting company. This […]
Bitcoin continues its bearish struggles as price stagnates
Bitcoin has had its fair share of highs and lows this year and December was no different. During a time when investors and holders were having fraught thoughts over the condition of the world’s largest cryptocurrency, Bitcoin’s value continued to float in the $7000- $8000 region. At press time, Bitcoin was making no effort to […]
Grayscale Investments files Form 10 with SEC to push for Bitcoin ETF launch
The launch of the Bitcoin ETF has been one of the most talked-about and controversial events in the cryptocurrency industry. Several companies have tried to launch the asset only to be thwarted by regulatory authorities such as the Securities and Exchange Commission [SEC]. The latest company to come to the forefront about a Bitcoin ETF […]
4 Top Cryptocurrencies to Buy Today (16 Feb) – Hot Picks for 2025 and Beyond
Cryptocurrency is moving fast, with new developments shaking up the industry daily. Every day seems to bring exciting news about blockchain tech, DeFi applications, or innovative token launches, making it clear: crypto is not just a trend—it’s a financial revolution in the making. In 2025, we’re seeing fresh opportunities emerge for savvy investors, whether you’re […]
BlackRock ETF IBIT Had Its First Net Outflow Since Its Launch
The initial excitement surrounding the introduction of U.S. spot Bitcoin ETFs may be waning. Despite a robust start marked by substantial inflows during the first quarter, major players like BlackRock’s iBIT ETF and others experienced significant outflows on May 1st, 2024. Data from SoSoValue shows that May 1st saw a $564 million net outflow. BlackRock’s […]
Crypto Market Unaffected By Genesis GBTC Liquidation, Says Coinbase
Cryptocurrency exchange Coinbase anticipates the crypto market remaining unaffected by the bankruptcy of Genesis, a crypto lender holding substantial Grayscale Bitcoin Trust shares. Genesis, having incurred losses exceeding $5 billion in liabilities, including debts owed to creditors and outstanding loans, filed for bankruptcy on January 20, 2023. Genesis petitioned the court to sell its $1.3 […]
Genesis Global Capital Seeks Court Approval For $1.6 Billion Asset Sale: Report
In a pivotal move to navigate its ongoing bankruptcy proceedings, cryptocurrency lending firm Genesis Global Capital has formally requested permission from the U.S. Bankruptcy Court in the Southern District of New York to sell approximately $1.6 billion worth of trust assets. The assets in question primarily consist of shares in various Grayscale trusts, including the […]