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Grayscale's Bitcoin Trust (GBTC) Records Growth Following Change to ETF
January 11, 2024
Overview Grayscale's Bitcoin Trust (GBTC), upon its transformation into an Exchange Traded Fund (ETF), experienced a rise in its value by around 4%. The change was confirmed by Senior Bloomberg …
Read moreCircle, Issuer of Stablecoin USDC, Submits IPO Registration to SEC
January 11, 2024
Circle, the issuer of the stablecoin USD Coin (USDC), has confidentially filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). The company noted that …
Read moreEthereum Surpasses Bitcoin in Derivatives Trading Volume and Achieves Price Rally
January 11, 2024
The derivatives market observed erratic behavior for Bitcoin (BTC) and Ethereum (ETH) following an unfortunate event where the U.S. SEC's Twitter handle was breached. The bogus proclamation of a Bitcoin …
Read morePayPal Encourages PYUSD Liquidity on Curve, Boosting Stablecoin Exchange
January 11, 2024
PayPal, the digital payments giant, has embarked on an initiative to incentivize PYUSD liquidity on Curve Finance, the global leader in stablecoin decentralized exchange by volume. This development indicates a …
Read moreCrypto Lender Celsius Seeks Unstaking of $470M Ether And Urges Creditors for Fund Return
January 11, 2024
Embattled crypto lending platform, Celsius has begun recalling and rebalancing its crypto assets, including Ether (ETH), to prepare for timely distributions to creditors. The firm notably unstakes its existing Ether …
Read moreLearn Concept: The Anticipation of Bitcoin ETF Approval and Its Market Significance
January 11, 2024
The concept of Bitcoin Exchange-Traded Fund (ETF) is becoming a hot topic among crypto enthusiasts and financial institutions. ETFs would allow investors to diversify their portfolios without actually owning the …
Read moreCrypto Enthusiasts Stake $1.5M on Outcome of Bitcoin ETF Approval
January 10, 2024
In a surprising move, crypto traders are putting their money where their mouth is, wagering on the outcome of the United States Securities and Exchange Commission's (SEC) decision on spot …
Read moreBlackRock Slashes Bitcoin ETF Fees in Emerging Market Share Battle
January 10, 2024
Global investment management corporation, BlackRock, has reduced its fee for the proposed Bitcoin ETF (Exchange-Traded Fund) to just 0.25%, with a special offer of 0.12% for the first $5 billion …
Read moreBitGo Receives Preliminary MPI-Approval from the Monetary Authority of Singapore
January 10, 2024
Crypto custodial service provider BitGo has achieved in-principle approval from Singapore's Monetary Authority (MAS) to operate as a Major Payment Institution (MPI). This move positions BitGo at the forefront of …
Read moreApple India App Store Removes Binance and Other Crypto Exchanges
January 10, 2024
Apple's Indian App Store has taken down various foreign-based cryptocurrency exchange applications, including Binance. This move has been confirmed by Binance South Asia. The company reassured that the current situation …
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