Grayscale ETH ETF stems bleeding as activity spikes on Ethereum
The Grayscale Ethereum Trust has posted its first day of zero outflows since its conversion to a spot ETF amid a surge of network activity on Ethereum and its layer-2 networks.
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Gemini creditors revolt over ‘brutal’ Bitcoin slashing reorg plan
Gemini Earn creditors are fuming over a proposed reorganization plan that could see their promised Bitcoin (BTC) payouts effectively slashed to about 30% of what they’re worth at current market rates. In an X post, Gemini Trust revealed it sent creditors an email on Dec. 13 outlining the proposed plan, which has now been put
FTX bankruptcy estate auctioning Worldcoin tokens this week
According to CoinGecko, Worldcoin currently has a market capitalization of approximately $792 million and a 494 million circulating supply.
Hardware wallet industry to outstrip crypto exchanges: Report
Global crypto exchange revenue is estimated to grow at a 13% CAGR by 2028, while the hardware wallet market is expected to exhibit a CAGR of 27% by 2027. 274 Total views 35 Total shares The crypto hardware wallet industry could be growing at a faster pace than cryptocurrency exchanges, data from several studies suggest.The…
UK Financial Watchdog Grants Licenses to Archax and Gemini
The UK’s Financial Conduct Authority has granted licenses to two crypto exchanges operating in the country, Archax and Gemini. The UK’s Financial Conduct Authority has granted operational licenses to two cryptocurrency exchanges operating in the country: digital security exchange Archax and the UK branch of the Winklevoss twins’ Gemini exchange.According to the Financial Conduct Authority…
Bitcoin bulls run risk of 'Bart Simpson' BTC price dip to $62K
Bitcoin holds its latest advances over the weekend, but there are plenty of arguments calling for a snap BTC price retracement.
Tel Aviv Stock Exchange to Launch Blockchain Securities Platform
Israel will have its first central securities lending platform this November, built on blockchain technology. The Tel Aviv Stock Exchange (TASE) plans to launch its blockchain-based securities lending pool in November.In an announcement on July 28, TASE said the platform will serve an essential function in the country’s capital markets, which currently lack a central…
FTX creditors object to bankruptcy reorganization plan
The group of creditors, led by Sunil Kavuri, cited several concerns, including forced taxation, which would compromise creditors’ best interests.
MicroStrategy acquires 18,300 Bitcoin, expands holdings
MicroStrategy’s $1.11 billion Bitcoin purchase was funded by selling over eight million company shares through a sales agreement.