Grayscale says it’s “100% committed” to morphing its Bitcoin Trust into ETFThe global crypto market cap is $1.99 trillion with a 24-hour volume of $192.34 billion. The price of Bitcoin is $59,057.88 and the BTC dominance is at 55.8%.
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Author: Liam Frost As the race for the title of America’s first Bitcoin exchange-traded fund (ETF) rages on, digital assets investment giant Grayscale today revealed that launching such a product was its goal from the very start. “Grayscale first submitted an application for a Bitcoin ETF in 2016 and spent the better part of 2017 in conversations with the SEC. Ultimately, we withdrew our application because we believed the regulatory environment for digital assets had not advanced to the point where such a product could successfully be brought to market,” the firm noted. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. BlockDown is back for 2021!
Mark your calendars as BlockDown Conference returns for a 1 year anniversary special for its 4th iteration on April 15-16. BlockDown 4.0 will welcome a host of the most paramount personalities and experts from the crypto space, as the event celebrates the bull market of 2021 with keynotes, panels and topical discussion. Organisers EAK Digital, a leading blockchain marketing agency, are excited to welcome Francis Xavier Suarez - Mayor of Miami, Akon - Founder of Akoin and Sergey Nazarov - Co-Founder of Chainlink to speak at BlockDown 4.0. Attendees will experience new interactive and innovative ways to gain exclusive NFTs, join private backstage interactive sessions on the new social media platform, Clubhouse, and much, much more! Click below for your free BlockDown 4.0 ticket. More news ⏬MicroStrategy continues to bet on Bitcoin with new $15 million purchaseThere’s no let-up in MicroStrategy’s Bitcoin buying spree as CEO Michael Saylor announced yet another $15 million purchase today. Kyber Network (KNC) launches new market maker protocol with high capital efficiencyBlockchain-based liquidity protocol Kyber Network announced the release of the world’s first Dynamic Market Maker (DMM). What is the ‘Kimchi Premium’ and why is it a ‘top’ indicator for Bitcoin?Bitcoin is trading at nearly $66,000 in South Korea. 2018-era token jumps 10x in days before NFT marketplace announcementTokens of crypto exchange WazirX surged over 200% in the hours before reports of the business announcing its own NFT marketplace were released, data from multiple sources showed Monday. Bloomberg: Declining prices suggest that NFT craze might be fizzling outA swift 70% drop in the average price of non-fungible tokens (NFTs) is suggesting that the latest “crypto craze” might be fizzling out—just as fast as it took the world by storm recently, Bloomberg’s experts pointed out yesterday. Popular meme “Overly attached girlfriend” resurfaces with $417,000 NFT auctionLaina Morris, colloquially known as an “overly attached girlfriend” thanks to her viral YouTube videos, auctioned off her first non-fungible token (NFT) for 200 Ethereum (worth about $417,200 at press time). Top 4 NFT scams and how to avoid themSpend a few minutes in cryptoland on social media and you’re likely to find netizens speaking about celebrities or virtual artists ‘dropping’ their latest works in the form of a non-fungible token (NFT). Ethereum DeFi project ‘ForceDAO’ gets hacked hours after launchForceDAO, a shiny new decentralized finance (DeFi) project, got attacked by five hackers this morning, reviving concerns around the highly experimental sector and the seemingly unending amounts of money flowing into hours-old projects. Shopify CEO asks crypto community about how to integrate DeFiThe DeFi market is steadily heating up as yield farms, NFTs, and other non-custodian financial services gain popularity among mainstream audiences. 19-year-old Bitcoin millionaire gives his most UNUSUAL tips on trading
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Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to the content within this article.
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segunda-feira, 5 de abril de 2021
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Grayscale says it’s “100% committed” to morphing its Bitcoin Trust into ETF