Breaking: Grayscale Files for Bitcoin Mini Trust (BTC) with SEC
CoinGape (RSS)
Grayscale Investments has officially filed with the U.S. Securities and Exchange Commission (SEC) for permission to launch a new investment product termed the Grayscale Bitcoin Mini Trust. This move offers investors a lower fee structure than its current Grayscale Bitcoin Trust (GBTC), which manages assets worth approximately $28 billion.
Introduction of the Bitcoin Mini Trust
The planned Grayscale Bitcoin Mini Trust is meant to appeal to investors by providing a cost-saving investment tool. By moving some of GBTC’s assets into this new trust, Grayscale aims to offer a smooth handover for current GBTC shareholders to the Mini Trust with no capital gains tax.
This strategic approach addresses one of GBTC investors’ critical concerns of...
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CoinGape (RSS)
Grayscale Investments has officially filed with the U.S. Securities and Exchange Commission (SEC) for permission to launch a new investment product termed the Grayscale Bitcoin Mini Trust. This move offers investors a lower fee structure than its current Grayscale Bitcoin Trust (GBTC), which manages assets worth approximately $28 billion.
Introduction of the Bitcoin Mini Trust
The planned Grayscale Bitcoin Mini Trust is meant to appeal to investors by providing a cost-saving investment tool. By moving some of GBTC’s assets into this new trust, Grayscale aims to offer a smooth handover for current GBTC shareholders to the Mini Trust with no capital gains tax.
This strategic approach addresses one of GBTC investors’ critical concerns of...
View original post
Bitcoin Whales With Over 1000 BTC Cash Out Profits, A Correction Ahead?
CoinGape (RSS)
Bitcoin (BTC), the world’s largest crypto, recently witnessed an impeccable surge and extended beyond $72,000 with a new all-time high. However, significant long liquidations have been noted for Bitcoin amid the price rally. Moreover, crypto analysts have also pointed toward a major correction in future.
Bitcoin Whales Cash Out Profits
According to an observation by Ali Martinez, a popular crypto analyst on X platform, Bitcoin whale addresses have been aggressively cashing out profits. He referred to a screenshot from Glassnode and noted that the number of Bitcoin whale addresses with over 1,000 BTC has been declining. In the last two weeks, the number of these Bitcoin whale addresses has plunged by 4.83%.
The major liquidations could lead to a massive pullback in Bitcoin price. Moreover, $29.40 million worth of...
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CoinGape (RSS)
Bitcoin (BTC), the world’s largest crypto, recently witnessed an impeccable surge and extended beyond $72,000 with a new all-time high. However, significant long liquidations have been noted for Bitcoin amid the price rally. Moreover, crypto analysts have also pointed toward a major correction in future.
Bitcoin Whales Cash Out Profits
According to an observation by Ali Martinez, a popular crypto analyst on X platform, Bitcoin whale addresses have been aggressively cashing out profits. He referred to a screenshot from Glassnode and noted that the number of Bitcoin whale addresses with over 1,000 BTC has been declining. In the last two weeks, the number of these Bitcoin whale addresses has plunged by 4.83%.
The major liquidations could lead to a massive pullback in Bitcoin price. Moreover, $29.40 million worth of...
View original post
Ethereum Price Prediction: 3 Factors Why ETH Approaching $5,000 As ETF Hope Dwindles
CoinGape (RSS)
Ethereum price prediction: The token powering the most prominent smart contracts ecosystem in the industry, ETH, is not slowing down the run to new highs. As Bitcoin achieved a new all-time high (ATH) of $72,710 on March 11, Ethereum price ascended above $4,000 for the first time since December 2021.
Investors are hopeful for new all-time highs this week, considering Ethereum price at $4,030. Establishing higher support above $4,000 would prop the token for the next move up amid positive sentiment and an upcoming protocol upgrade.
Beyond the generally positive market sentiment, several unique factors enhance Ethereum’s outlook. This analysis will delve into some of the key market movers and anchors investor...
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CoinGape (RSS)
Ethereum price prediction: The token powering the most prominent smart contracts ecosystem in the industry, ETH, is not slowing down the run to new highs. As Bitcoin achieved a new all-time high (ATH) of $72,710 on March 11, Ethereum price ascended above $4,000 for the first time since December 2021.
Investors are hopeful for new all-time highs this week, considering Ethereum price at $4,030. Establishing higher support above $4,000 would prop the token for the next move up amid positive sentiment and an upcoming protocol upgrade.
Beyond the generally positive market sentiment, several unique factors enhance Ethereum’s outlook. This analysis will delve into some of the key market movers and anchors investor...
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Sweden Central Bank Governor Urges Separation of Bitcoin from Nation’s Financial System
CoinGape (RSS)
Bitcoin prices are currently trading at an upside given the ongoing bull run. However, despite the all-time high number, the Sweden Central Bank governor has raised concerns over potential losses in Bitcoin trading. According to a Bloomberg report, Riksbank governor (Swedish central bank) Erik Thedeen aims to keep Bitcoin “away from the country’s financial system”.
Riksbank Governor Warns About Bitcoin
Bloomberg in its report highlights that the governor of Sweden’s central bank has issued a warning about possible losses on Bitcoin trading despite the cryptocurrency’s recent all-time highs. The report also highlights that Erik Thedeen is working to keep Bitcoin trading away from the nation’s financial system.
...
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CoinGape (RSS)
Bitcoin prices are currently trading at an upside given the ongoing bull run. However, despite the all-time high number, the Sweden Central Bank governor has raised concerns over potential losses in Bitcoin trading. According to a Bloomberg report, Riksbank governor (Swedish central bank) Erik Thedeen aims to keep Bitcoin “away from the country’s financial system”.
Riksbank Governor Warns About Bitcoin
Bloomberg in its report highlights that the governor of Sweden’s central bank has issued a warning about possible losses on Bitcoin trading despite the cryptocurrency’s recent all-time highs. The report also highlights that Erik Thedeen is working to keep Bitcoin trading away from the nation’s financial system.
...
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Ethereum Price Has Crossed 4,000 mark: Will ETH Hit All-time High?
CoinGape (RSS)
Bitcoin crossed the $70,000 mark to hit an all-time high of $72,242.51 before retracing to its current price of $71,947. As BTC soared, Ethereum price also tagged along crossing the $4,000 mark, having grown by 60% in the past 30 days. The leading altcoin by capitalization achieved its all-time high of $4,891.70 on Nov 16, 2021. Now the price of ETH is only 18.03% away from this peak, will it meet the expectations of optimistic investors and enthusiasts and achieve this milestone?
Ethereum Price Market Performance
Ethereum price is trading at $4,009 having decreased by 0.6% in the past day. However, it has experienced increasing investor activity demonstrated by the 2.18% increase in trading volume to reac...
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CoinGape (RSS)
Bitcoin crossed the $70,000 mark to hit an all-time high of $72,242.51 before retracing to its current price of $71,947. As BTC soared, Ethereum price also tagged along crossing the $4,000 mark, having grown by 60% in the past 30 days. The leading altcoin by capitalization achieved its all-time high of $4,891.70 on Nov 16, 2021. Now the price of ETH is only 18.03% away from this peak, will it meet the expectations of optimistic investors and enthusiasts and achieve this milestone?
Ethereum Price Market Performance
Ethereum price is trading at $4,009 having decreased by 0.6% in the past day. However, it has experienced increasing investor activity demonstrated by the 2.18% increase in trading volume to reac...
View original post
U.S. CFTC's Behnam Says Agency Writing New Policy on Prediction Markets
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
U.S. Commodity Futures Trading Commission Chair Rostin Behnam said his agency will propose a rule in the coming months to establish new regulations for prediction markets.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
U.S. Commodity Futures Trading Commission Chair Rostin Behnam said his agency will propose a rule in the coming months to establish new regulations for prediction markets.
Rapper Drake Posts Michael Saylor's Bitcoin Video To His 146M Instagram Followers
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Michael Saylor said that bitcoin will “eat gold” in an interview with CNBC on Monday.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Michael Saylor said that bitcoin will “eat gold” in an interview with CNBC on Monday.
Ethereum Blockchain Counts Down to 'Dencun' Upgrade, Set to Reduce Fees
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The upgrade is designed to usher in a new era of cheaper fees for the growing array of layer-2 networks that operate on top of Ethereum.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The upgrade is designed to usher in a new era of cheaper fees for the growing array of layer-2 networks that operate on top of Ethereum.
BitPay Integrates Transak, enabling its Users to Purchase Crypto Up to $75K in a Single Transaction
Coincu (RSS)
Miami, Florida, March 12th, 2024, Chainwire In a partnership between Transak, a leading web3 payments and onboarding solutions provider, and BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, millions of users across the world now have access to a high purchase ceiling on their crypto buys. BitPay users can buy large amountsRead more...
Coincu News
Coincu (RSS)
Miami, Florida, March 12th, 2024, Chainwire In a partnership between Transak, a leading web3 payments and onboarding solutions provider, and BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, millions of users across the world now have access to a high purchase ceiling on their crypto buys. BitPay users can buy large amountsRead more...
Coincu News
JPMorgan Chase CEO Still Criticizes Bitcoin Despite Price Exceeding $72,000
Coincu (RSS)
The JPMorgan Chase CEO reiterated his reservations at the Australian Financial Review business summit in Sydney.Read more...
Coincu News
Coincu (RSS)
The JPMorgan Chase CEO reiterated his reservations at the Australian Financial Review business summit in Sydney.Read more...
Coincu News
Gate.io Proof of Reserves Exceed $6 Billion, Additional $800 Million Stored
Coincu (RSS)
Mar. 12th, Panama - On March 11, 2024, Gate.io, a global leader in digital asset trading, released its latest proof of reserve report. Read more...
Coincu News
Coincu (RSS)
Mar. 12th, Panama - On March 11, 2024, Gate.io, a global leader in digital asset trading, released its latest proof of reserve report. Read more...
Coincu News
Hearthstone Anniversary Event in World of Warcraft Faces Technical Challenges
Cryptopolitan (RSS)
In the latest Hearthstone anniversary event within the expansive virtual universe of World of Warcraft (WoW), players have encountered various technical challenges, leading to mixed feedback and frustration among the community.
The event, designed to commemorate Hearthstone’s legacy within WoW, unfolds in three major cities: Stormwind, Orgrimmar, and Valdrakken. However, the festivities have been marred by confusion and chaos, primarily stemming from the introduction of world bosses and technical glitches.
Confusion surrounds event mechanics
Hearthstone tables in designated hotspots within the cities are central to the event’s mechanics. However, players have found the execution of these mechanics perplexing, with some expressing confusion over the necessity of a special Hearthstone Wild Card item o...
View original post
Cryptopolitan (RSS)
In the latest Hearthstone anniversary event within the expansive virtual universe of World of Warcraft (WoW), players have encountered various technical challenges, leading to mixed feedback and frustration among the community.
The event, designed to commemorate Hearthstone’s legacy within WoW, unfolds in three major cities: Stormwind, Orgrimmar, and Valdrakken. However, the festivities have been marred by confusion and chaos, primarily stemming from the introduction of world bosses and technical glitches.
Confusion surrounds event mechanics
Hearthstone tables in designated hotspots within the cities are central to the event’s mechanics. However, players have found the execution of these mechanics perplexing, with some expressing confusion over the necessity of a special Hearthstone Wild Card item o...
View original post
Gnosis Chain Implements Blob Transactions, Paving the Way for Ethereum’s Dencun Upgrade
Cryptopolitan (RSS)
In a significant development for the blockchain community, Gnosis Chain has successfully deployed a version of the eagerly anticipated Dencun upgrade, introducing type 3 blob transactions on its network. The move is aimed at enhancing the scalability of decentralized applications (dapps) by leveraging the innovative concept of blobs.
Gnosis Chain, which was previously known as xDai Chain, is a prominent sidechain that operates in parallel with Ethereum and is managed by GnosisDAO. With a total value locked (TVL) exceeding $320 million, Gnosis Chain is a vital hub for various dapps, including well-known projects like Balancer, Spark, Aave, and Aura.
The advent of Blob transactions on Gnosis Chain
The deployment of blob transactions, formally recognized as EIP-4844, marks a pivotal moment for...
View original post
Cryptopolitan (RSS)
In a significant development for the blockchain community, Gnosis Chain has successfully deployed a version of the eagerly anticipated Dencun upgrade, introducing type 3 blob transactions on its network. The move is aimed at enhancing the scalability of decentralized applications (dapps) by leveraging the innovative concept of blobs.
Gnosis Chain, which was previously known as xDai Chain, is a prominent sidechain that operates in parallel with Ethereum and is managed by GnosisDAO. With a total value locked (TVL) exceeding $320 million, Gnosis Chain is a vital hub for various dapps, including well-known projects like Balancer, Spark, Aave, and Aura.
The advent of Blob transactions on Gnosis Chain
The deployment of blob transactions, formally recognized as EIP-4844, marks a pivotal moment for...
View original post
Dune Imperium to Release on Xbox Tomorrow
Cryptopolitan (RSS)
Gamers and sci-fi fans, get ready! Dune Imperium Digital is hitting screens big and small. After a stint in early access on PC, this epic blend of cardplay and strategy is branching out. Starting tomorrow, you can dive into the world of Dune on your phone or Xbox, as well as your computer.
Dune Imperium digital
Dune Imperium, a game that mixes deck building with worker placement, is set in a universe where spice is everything. It first captured players’ hearts as a board game. Now, it’s going digital, offering a new way to experience the race for control and power.
Players step into the shoes of iconic characters like Paul Atreides and Baron Harkonnen. Each player builds a unique deck of cards. These cards are key to sending out agents, leading troops, and gathering the all-important spice. It’s not just about battle; it’s about strategy, making allies, and winning points.
Updates and upgrades
Dire Wolf, the team behind...
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Cryptopolitan (RSS)
Gamers and sci-fi fans, get ready! Dune Imperium Digital is hitting screens big and small. After a stint in early access on PC, this epic blend of cardplay and strategy is branching out. Starting tomorrow, you can dive into the world of Dune on your phone or Xbox, as well as your computer.
Dune Imperium digital
Dune Imperium, a game that mixes deck building with worker placement, is set in a universe where spice is everything. It first captured players’ hearts as a board game. Now, it’s going digital, offering a new way to experience the race for control and power.
Players step into the shoes of iconic characters like Paul Atreides and Baron Harkonnen. Each player builds a unique deck of cards. These cards are key to sending out agents, leading troops, and gathering the all-important spice. It’s not just about battle; it’s about strategy, making allies, and winning points.
Updates and upgrades
Dire Wolf, the team behind...
View original post
Bank of Israel pioneers interest-bearing CBDC with unique features
Cryptopolitan (RSS)
Israel’s central bank, the Bank of Israel, has announced plans to launch an interest-bearing Israeli shekel central bank digital currency (CBDC). This move comes as part of the country’s exploration of digital currency options since 2021.
Israel’s unique digital shekel design
The digital shekel will adopt a two-tier model, featuring 24/7 instant payments, multipayment support, offline usability, and balance caps. Notably, it will introduce an interest-bearing nature, distinguishing it from other CBDCs.
Additionally, it will separate the role of banks from the provision of wallets and payment services, a novel approach in CBDC desig...
View original post
Cryptopolitan (RSS)
Israel’s central bank, the Bank of Israel, has announced plans to launch an interest-bearing Israeli shekel central bank digital currency (CBDC). This move comes as part of the country’s exploration of digital currency options since 2021.
Israel’s unique digital shekel design
The digital shekel will adopt a two-tier model, featuring 24/7 instant payments, multipayment support, offline usability, and balance caps. Notably, it will introduce an interest-bearing nature, distinguishing it from other CBDCs.
Additionally, it will separate the role of banks from the provision of wallets and payment services, a novel approach in CBDC desig...
View original post