Grayscale Brings New Twist to Spot Bitcoin ETF Marketing War

The marketing competition between spot Bitcoin ETF issuers has reached a new level with Grayscale pushing out its offering on several media platforms including television and posters. Grayscale GBTC Ads Proliferates Senior ETF analyst at Bloomberg Eric Balchunas acknowledged the marketing strategies that investment asset management firm Grayscale is adopting for its GBTC.  According to […]

Coinbase Teases Potential Launch of Smart Wallet

Coinbase, one of the leading cryptocurrency exchanges, has introduced a smart wallet with universal compatibility available on testnet. The smart wallet is meant to provide a seamless and secure experience for users on the platform. In an X post, Coinbase shared some of the key features with members of its community assuring that there are […]

US Elections 2024: Trump and Haley’s Crypto Policies in Focus as Former Leads GOP Race

As the New Hampshire primary approaches, Donald Trump and Nikki Haley are intensifying their campaign efforts after Ron DeSantis’s exit from the presidential race before the start of this week. Recent polls display a clear lead for Trump in the Republican race. NBC News, the Boston Globe, and Suffolk University’s Sunday poll show Trump with a […]

Mt. Gox Starts Releasing Creditors $9 Billion Worth of Bitcoin Claims

One of the oldest Bitcoin exchanges Mt. Gox has officially started the process of returning the creditors from its $9 billion Bitcoin hoard. On Monday, April 22, some creditors of Mt. Gox stated that they had started receiving updates on their claims. Mt. Gox Creditors Receive Updates Over their Bitcoin Holdings The updates received by […]

Bitcoin ETF: BlackRock Triumphs With $260 Mln Inflow As Grayscale’s Total Outflow Exceeds $3 Bln

The immense hype around Spot Bitcoin ETFs hasn’t helped much with their performance since inception. All Bitcoin ETFs have witnessed massive outflows and substantial declines in NAV lately. On Monday, January 22, these ETFs recorded a net outflow for the third time after launch. However, BlackRock‘s IBIT has emerged as a winner in the inflow […]

XRP SEC Case Update: Ripple Accuses SEC of Violation, Lawyers Unveils End Date

XRP SEC Case Update: Ripple filed its opposition to the SEC’s remedies-related brief and concluded that the court should deny the US SEC’s requests for an injunction, disgorgement, and pre-judgment interest. Ripple claims the court should impose a civil penalty of no more than $10 million as no fraud or recklessness is proven by the […]

Bitcoin ETF: Grayscale’s GBTC Sees Net Outflows Surge While Others Remain Rangebound

Bitcoin ETF’s hype after the SEC approval saw  Grayscale dominate the market but for just the first day. Grayscale’s GBTC hit the $640 million mark for outflows on Monday, January 22. Other ETFs also saw significant NAV falls and large outflows. Grayscale’s net outflows increase as the market struggles Grayscale saw a huge increase in […]

3 Reasons Why Solana Might Hit $200

Solana (SOL) is experiencing a comeback in the crypto market after recovering from recent volatility, caused by a market crash that led to Bitcoin dropping to a support level of $60,000. In this context, Solana has shown resilience with its present value growing by approximately 18% in the past month. The recent Bitcoin halving event, […]

Algorand Gets Facelift With 4 Key Updates, ALGO Boom Incoming?

Algorand (ALGO) is making an interesting play to be a more functional blockchain. According to John Alan Woods Algorand CTO, four new Algorand updates are coming to the protocol in 2024 as part of its roadmap. Important Algorand Updates Coming on Chain In terms of Transaction Per Speed (TPS), John Woods said Algorand has now […]

Binance Announces 53rd Launchpool Project Renzo(EZ)

Binance recently announced its 53rd Launchpool project, Renzo (EZ), a liquid restaking protocol enabling users to mine by depositing BNB and FDUSD. Scheduled for launch on April 30, 2024, at 12:00 (UTC), Renzo will have a maximum supply of 10 billion coins, with an initial supply of 1.06 billion coins. Renzo (EZ) Launchpool Project Binance, […]