Bitcoin’s ‘local market structure’ could push BTC price to new all-time high — Analysts

New York-based digital asset management fund Grayscale Investments has received regulatory approval to publicly quote the shares of its diversified cryptocurrency fund.First publicly-quoted diversified crypto fundGrayscale was approved by the United States Financial Industry Regulatory Authority (FINRA) to publicly quote its Grayscale Digital Large Cap Fund (GDLCF) on over-the-counter (OTC) markets, according to a press…

Cryptocurrency prices and investor sentiment reversed course on Dec. 15 after Federal Reserve chairman Jerome Powell confirmed the bank's plan to hike interest rates in 2022 and slow down the bond purchasing program that had been in play since the emergence of the coronavirus in March 2020.Following the announcement, Bitcoin (BTC) price tacked on a 1.65%…

Bitcoin is approaching the most eagerly anticipated moment in its history, and markets are feeding the excitement after weeks of gains. 1393 Total views 31 Total shares Bitcoin (BTC) is just days away from a historic crossroads this week — what will the coming days have in store for traders and hodlers?Cointelegraph takes a look…

According to the OECD, the crypto market posed a “significant risk” around tax transparency, claiming that any gains will eventually be lost without additional safeguards. 303 Total views 20 Total shares The Organisation for Economic Cooperation and Development, or OECD, has suggested additional requirements on reporting crypto transactions and identifying users aimed at increasing transparency…

The ETF will track securities in an index that measures the performance of gold mining and digital assets mining firms, according to the filing. 144 Total views 47 Total shares VanEck, an investment firm with almost $82 billion in assets under management, has submitted an application to the United States Securities and Exchange Commission (SEC)…

Former CEO Mark Karpeles disclosed that the exchange had roughly 200,000 BTC in possession during the company’s closure, out of which the trustee sold 50,000 BTC for $600 million in the past. 1019 Total views 15 Total shares A cold wallet belonging to the infamous Bitcoin (BTC) exchange Mt. Gox transferred 6,800 BTC to an…

The vote was passed with 88% in favor of offloading WBTC collateral from the Sky lending platform. 

The move is expected to improve the validation process for DApps on the Polygon network. 695 Total views 7 Total shares Polygon, a layer two scaling solution for Ethereum compatible blockchains, stated in a press release provided to Cointelegraph that it has launched its zk-STARK powered Miden Virtual Machine for the development of decentralized applications,…