Bitwise Bitcoin ETF to absorb $120M Osprey Bitcoin Trust
Subject to closing conditions, the agreement will see Bitwise’s Bitcoin ETF scoop up all the Bitcoin from the Osprey Bitcoin Trust.
Related Posts
Experts Discuss Blockchain and Democracy and The ‘Freedom of Money’ at BlockShow Americas
BlockShow Americas 2018 kicked off this morning in Las Vegas, gathering over 1,500 attendees and 80 speakers from the blockchain industry from more than 50 countries worldwide to discuss the hottest topics that affect the blockchain community. Today, the Main Stage brought into focus governmental initiatives, blockchain’s impact on major industries, and the latest updates…
Launch rehearsal for Ethereum 2.0 ‘90% successful’ despite participation issues
The latest in a series of Ethereum 2.0 testnets, called Spadina, launched on Tuesday with mixed success.Spadina was proposed as a short-lived “dress rehearsal” for the mainnet launch process, signaling that Ethereum 2.0 Phase 0 is getting ever closer. The network launched on Sept. 29 at 12 P.M. UTC, and was intended to last for…
Fed’s Quarles says regulators should show ‘constraint’ on stablecoins to avoid hampering innovation
Quarles said some of the approaches on stablecoin regulation from the President's Working Group on Financial Markets’ November report are unnecessary. 249 Total views 10 Total shares Speaking publicly for the last time as a member of the Board of Governors of the Federal Reserve System, Randal Quarles urged regulators to exercise restraint on stablecoins.In…
Crypto News From the Spanish-Speaking World: Nov. 10–16 in Review
In this week’s news from the Spanish-speaking world, a Venezuelan official claims that all currencies will be replaced by cryptocurrencies, the Argentinian chief of the Banking Association criticizes fintech and crypto, and Spain offers prepaid visa card to teenagers that they can reload with crypto.Here is the past week of crypto and blockchain news in…
Delta Exchange launches options trading for Solana and Cardano
Crypto derivatives markets are growing in popularity as traders seek strategic, short-term exposure to digital assets. 825 Total views 8 Total shares Crypto derivatives platform Delta Exchange announced Wednesday that it has launched futures trading on Solana (SOL) and Cardano (ADA), giving investors a new access point to the leading altcoins.The initial rollout of SOL…
What Does Grayscale’s GBTC Falling Premium Tell us About Bitcoin Price?
Grayscale’s Bitcoin Trust shares (GBTC) are currently trading at $7.49 per share, a 15.81% premium of Bitcoin. GBTC is the first publicly quoted security “solely invested in and deriving value from” Bitcoin and since listing it has been known to trade at a high premium, having hit a 2020 high of 41.42% on Feb. 18.…
NGRAVE Hard Wallet Hits 450% of Crowdfunding Goal Within Two Days
A hardware wallet’s IndieGoGo crowdfunding campaign reached 450% of its target funding amount within two days of launch. 2053 Total views 41 Total shares The NGRAVE ZERO, claimed to be the world’s most secure hardware wallet, launched its crowdfunding campaign for €25,000 ($27,850) on May 26. In the first two days it smashed this total…
ECB President: ‘We Better Be Ahead of Curve’ on Stablecoins
The president of the European Central Bank (ECB), Christine Lagarde, said that the financial institution should be ahead of the curve regarding the demand for stablecoins.According to a tweet by the ECB on Dec. 12, Lagarde said: “My personal conviction on the issue of stable coins is that we better be ahead of the curve.…