Valkyrie Wants To Take Up The Reins Of Grayscale’s Bitcoin Trust

Valkyrie Investments has laid out a proposal to become the new sponsor and manager of Grayscale’s troubled bitcoin trust (GBTC) and fix its large discount. Valkyrie Investments has laid out a proposal to take up the reins of troubled bitcoin trust GBTC. “We understand that Grayscale has played an important role in the development and […]

Bitcoin Investor Sentiment Remains Steady As BTC Stalls At $16,000

Bitcoin investor sentiment has reached a standstill amid struggling prices in the market. While the digital asset continues to hold the $16,000 level, investors have backed off from the market, ensuring no significant movements either up or down, and as a result, investor sentiment hasn’t moved. Bitcoin Investors Still In Fear The crypto Fear & […]

Bitcoin Price Remains Stagnated, How Soon Can You Expect A Rebound?

It has been a rough year for Bitcoin and most major altcoins. Over the last 24 hours, Bitcoin lost 1% of its value, which points towards consolidated price action. BTC has not made much progress over the past week either, as the coin only lost 1.6% of its market value. For multiple weeks, the coin […]

Bitcoin Firm Compass Mining Wins $1.5M in Suit Against Dynamics Mining

After a dispute that spilled out onto social media this summer, Compass has emerged victorious—but Dynamics vows to appeal the ruling.

Ankr Price Prediction for Today, December 30: ANKR/USD Approaches $0.016 Level

The Ankr price prediction is currently changing hands at $0.015 as the technical indicator Relative Strength Index (14) faces the north. ANKR Prediction Statistics Data: […]

Media Draws Attention to Sam Bankman-Fried’s 2 Visits While on House Arrest

After FTX co-founder Sam Bankman-Fried (SBF) was released on bail and traveled to his parent’s home in California, it has been reported that SBF was visited by the crypto advocate Tiffany Fong, and also the “Big Short” author Michael Lewis while he’s been on house arrest. Fong detailed she managed to interview SBF, while Lewis […]

Did SBF Just Cash Out $684K?

Sam Bankman-Fried (SBF), the disgraced founder and former CEO of bankrupt cryptocurrency exchange FTX, has reportedly cashed out $684,000 worth of crypto assets despite court restrictions on spendings above $1,000. On-chain DeFi analyst BowTiedIguana took to Twitter to unravel the location where SBF transferred the funds. Following the Money Trail After Bankman-Fried’s $250 million bail […]

XRP Price Prediction As Ripple’s Partner Tranglo Expands Cross-border Payments To Malaysia – $1 XRP Soon?

XRP price is making its way to the upside after holding support at $0.3347 for the second time in December. The cross-border payments token was […]

Valkyrie aims to rescue Grayscale’s Bitcoin Trust

Valkyrie Investments announced in a Dec. 28 statement that it has submitted a proposal to become the sponsor and manager of Grayscale’s Bitcoin Trust. Grayscale BTC (GBTC) is among the largest Bitcoin investment funds, valued at 643,572 BTC ($10.6 billion) at present. However, the fund is also in trouble: in December, GBTC traded at 50% […]

Crypto pessimist Peter Schiff blasts bitcoin!

Peter Schiff, an astute economist, gold bug, and bitcoin critic, has taken to Twitter to make predictions for 2023.