Grayscale Records Minimal Cash Outflow in GBTC as Bitcoin Nears $70k
TL;DR Grayscale’s GBTC records lowest daily cash outflow at a record $18 million. Intense competition from other Bitcoin ETF issuers. Grayscale works to counter cash...
Tag : news
ADA in Consolidation Phase: Could Cardano Reach $1.70?
TL;DR Analyst predicts Cardano (ADA) price to reach $1.70 in a 300% rally. Forecast based on historical patterns and current market dynamics. The price is...
Bitcoin and Ethereum on Alert: Cryptocurrency Markets Turbulent Due to Inflation Data
TL;DR Bitcoin and Ethereum have seen their prices decline due to investor caution in the face of new inflation data in the US. Despite the...
Bitcoin ETFs: Notable GBTC Outflow and Evolving Competition
TL;DR Grayscale Bitcoin Trust has seen an outflow of approximately 300,000 BTC since the ETF’s launch. The Bitcoin ETF market experienced a notable day of...
Union Labs and Lava Network Launch $100,000 Incentivized RPC Campaign to Boost Blockchain Interoperability
TL;DR Union Labs teams up with Lava to launch a $100,000 incentivized RPC campaign. Lava will provide fast, robust and decentralized access to Union. The...
Culture Coins: The Cryptocurrency Revolution in United Communities
TL;DR Emergence of a new class of memecoins called “Culture Coins”. These digital currencies represent cultural, political and lifestyle values. Examples like $MOUTAI and $ZYN...
Bitcoin Surpasses $72,000: Crypto Companies’ Stocks Rise Ahead of Halving
TL;DR Bitcoin surpasses $72,000, boosting shares of crypto companies. Coinbase shares rise 5.71% in pre-market trading. BTC rewards halving increases market optimism. In the financial...
Grayscale Adjusts Portfolio and Removes ADA from GDLC: Market Reactions and Perspectives
TL;DR Grayscale Investments adjusts its portfolio by removing ADA from the GDLC fund based on the index methodology. Charles Hoskinson, founder of Cardano, reacts with...
Sony Bank and Sota Watanabe Join Forces to Launch Stablecoin and Blockchain
TL;DR Sony Bank and Sota Watanabe collaborate to launch a stablecoin and a blockchain. The project is in the preparation phase, marking the company’s foray...
Galaxy Digital Leads $100 Million Fundraising for New Cryptocurrency Projects
TL;DR Galaxy Digital, led by Mike Novogratz, is raising a new $100 million investment fund. The majority of the funding is expected to come from...