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Grayscale Bitcoin Trust (GBTC) discount is at its lowest since November 2021. Industry experts anticipate simultaneous approvals of spot Bitcoin ETFs to avoid a first-mover advantage. Analysts predict a 90% chance of approval for GBTC conversion into a spot Bitcoin ETF by January 2024. Recent data from YCharts reveals that […]
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Ultraviolet (UV) lights were the likely culptit behind the reported vision loss, eye pain and skin issues for at least 15 attendees of Yuga Labs’ ApeFest event in Hong Kong last week, the nonfungible token (NFT) conglomerate has confirmed. On Nov. 5, attendees began reporting eye and skin-related issues after […]
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Binance’s arguments used in its motion to dismiss a lawsuit from the United States securities regulator relies on an incorrect legal analysis and have no basis in law, the regulator has argued. In a Nov. 7 court filing the SEC rebuffed Binance’s earlier bid to toss the regulator’s suit saying […]
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Dan Gambardello, the founder of Crypto Capital Venture, recently shared his insights on why he is optimistic about the prospects of $XRP and $ADA in the forthcoming cryptocurrency bull cycle. In a video that spans over 15 minutes, Gambardello discusses his portfolio strategy, his approach to profit-taking, and why he […]
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The available supply of bitcoin is increasingly constrained as long-term holders refuse to part with their coins, Glassnode data indicates. This historically tight circulation has analysts observing impressive accumulation rates for the leading cryptocurrency. According to a Glassnode report, the percentage of bitcoin’s circulating supply held untouched for over one […]
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The remains of FTX, the crypto exchange that went bankrupt, are attracting interest from several potential buyers. One of them is a company owned by Tom Farley, the former chairman of the New York Stock Exchange (NYSE), according to a report by The Wall Street Journal on Wednesday, citing sources […]
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The latest price analysis by Coinidol.com report, Polygon (MATIC) price has been increasing since October 19. Long-term Polygon price prediction: bullish The price forecast for the altcoin suggests that it will rise to a high of $0.76 or the 1.618 Fibonacci extension level. Polygon reached a high of $0.73 on […]
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Deputy Treasury Secretary Wally Adeyemo is sounding the alarm. He’s urging Congress to grant new powers to tackle the illicit use of digital assets, spurred by recent events like Hamas’ daring attack on Israel on October 7. This brazen move has cast a harsh spotlight on the shadowy underbelly of […]
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Ripple will power new payment corridors between 27 African countries and Australia, the United Kingdom and the Gulf Cooperation Council (GCC) under a deal with African mobile payments provider Onafriq. Onafriq will use Ripple Payments’ blockchain technology along with with three partnering companies. Zazi Transfer will provide transfer services to […]
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Custodia Bank, a cryptocurrency-friendly bank founded by Bitcoin (BTC) advocate Caitlin Long, has launched its Bitcoin custody platform. The firm took to X (formerly Twitter) on Nov. 7 to announce the launch of Custodia Bank’s Bitcoin custody service targeting businesses like fiduciaries, investment advisers, fund managers and corporate treasurers. The […]
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