Grayscale Bitcoin Trust’s discount narrows to 8% amid growing ETF optimism
Grayscale Bitcoin Trust’s discount narrows to 8% amid growing ETF optimismGrayscale intends to turn its GBTC fund into a highly-anticipated spot Bitcoin ETF, pending approval by the SEC.
Happy Tuesday!The global crypto market cap is $1.44 trillion, with a 24-hour volume of $47.8 billion. The price of Bitcoin is $38,214.93, and BTC market dominance is 52.1%. The price of Ethereum is $2,073.66, and ETH market dominance is 17.4%. The best-performing sector is eCommerce, which gained 35%. The Crypto Fear & Greed Index is currently Greed (68). Top News
Grayscale Bitcoin Trust’s discount narrows to 8% amid growing ETF optimismGrayscale intends to turn its GBTC fund into a highly-anticipated spot Bitcoin ETF, pending approval by the SEC. Terra’s USTC stages rally with 150% surge over 24 hoursWhile the defunct coin was up only 40% at press time, a huge spike in volume and price over the last 24 hours has drawn attention. Standard Chartered to offer support for China’s digital yuanBased in the UK, Standard Chartered describes itself as an international bank that has been rooted in the Chinese market for over a century. 🎄 Celebrate Christmas with Bitget: Deposit $100, Get $100 Bonus! 🌟
Celebrate the holiday season with Bitget's festive rewards! Our special Christmas promotion welcomes all new users with a warm gift. Deposit just $100 and receive a $100 USDT trading bonus! Plus, your first trade unlocks an extra $20 bonus. And there's more - by joining now, you’re automatically in our lucky draw for a chance to win a $100 Amazon E-Coupon. Don’t miss out – unwrap your rewards today! Promotion Period: Nov 17 - Dec 25 (UTC+8) Latest Insights
More NewsMAS Director mislabels Bitcoin a ‘private cryptocurrency’ stating it has ‘failed the test of money’Ravi Menon categorizes Bitcoin as a 'private cryptocurrency,' though it operates on a transparent, public blockchain, stirring debate on digital asset classifications. Vivek Ramaswamy says his crypto policy will ‘ensure economic freedom for Americans’Ramaswamy will reportedly discuss Bitcoin at the upcoming Republican debate. Shifting the paradigm: Why Taipei is the preferred destination for Sora VenturesSora Summit 2023 set to shape the future of Bitcoin utility, cryptography, DeSci, and NFT innovation. Binance delists Tornado Cash as TORN value plummetsTornado Cash's native token is one of four tokens that are set for delisting. dYdX Chain completes mainnet migration, rolls out $20 million in DYDX token rewardsFollowing successful governance vote, dYdX Chain activates full trading and $20 million launch incentive program.
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Cosmos founder Jae Kwon stirs controversy with AtomOne fork proposal amid inflation cap dispute
Monday, November 27, 2023
The controversies has resulted in ATOM price falling 4% in the last 24 hours.
Crypto’s crucial year: Overcoming 2024’s regulatory and economic challenges
Sunday, November 26, 2023
CryptoSlate's latest market report dives deep into the opposing forces the crypto industry must balance in 2024 - adapting to tighter regulations while capitalizing on the expanding adoption
UK approves tokenization of FCA-authorized investment funds
Saturday, November 25, 2023
The UK intends to adopt tokenization in phases, with the initial stage allowing FCA authorized funds to implement the technology to improve efficiency, transparency, and competitiveness.
Layer-2 network Blast becomes third-largest holder of staked Ethereum amid pyramid scheme allegations
Friday, November 24, 2023
The total value of assets locked on the layer 2 network has surpassed $335 million.
Grayscale files updated Bitcoin ETF prospectus days after talks with U.S. SEC
Thursday, November 23, 2023
Grayscale's revised ETF prospectus reflects SEC feedback, potentially edging closer to approval.
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