Grayscale files to convert multi-crypto fund into ETF

With Britain reeling from a parliamentary showdown aimed at thwarting the government’s threat to pull the country out of Europe in a no-deal Brexit, Bitcoin (BTC) is relatively stable as compared with the British pound sterling.The United Kingdom’s liberal-leaning daily newspaper The Independent reported on Sept. 3 that Bitcoin has, amid the country’s parliamentary drama…

Former FDIC regulator, Jason Brett, argues that U.S. lawmakers have pivoted away from private stablecoins to focus on regulating decentralized digital assets this year. 682 Total views 31 Total shares The United States Congress appears to be pushing for greater regulatory clarity regarding crypto assets, having proposed18 bills concerning blockchain and cryptocurrency during 2021 so…

Paxos has earlier said it will halt support of Binance's stablecoin by February 2024, now the exchange has said it will also stop support by that time. 432 Total views 3 Total shares Crypto exchange Binance has encouraged users to start converting their Binance USD (BUSD) stablecoin holdings into a newly listed stablecoin amid plans

Blockchain Capital and Merit Circle backed the additional funding, bringing the total raised in the round to $24 million.

Spring is here and with it came a new found awakening for nonfungible tokens (NFTs). In the last week of March, total sales volume rallied to $20 billion, but this metric took a dive from mid April to $17.6 billion. However, on April 16, the newly landed Moonbirds NFT, pumped over $280 million worth of liquidity…

It’s doom and gloom for Bitcoin a day after the feared Grayscale unlocking event, with altcoins performing even worse. 1572 Total views 4 Total shares Bitcoin (BTC) fell below $31,000 support on Monday after sideways trading gave way to downside pressure. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFresh pain for BTC priceData from Cointelegraph Markets Pro…

In an apparent first, Ukrainian cryptocurrency exchange Kuna has released a stablecoin pegged to local fiat currency, the Ukrainian hryvnia (UAH).Dubbed UAX token, the new stablecoin is pegged to the hryvnia on a 1:1 ratio and is based on the Ethereum blockchain, according to an official announcement by Kuna exchange on Feb. 20.According to Kuna,…

Transaction volume on the exchange fell 12% in 2022's fourth quarter, but the firm still beat forecast earnings despite a 57% year-on-year revenue drop. 264 Total views 17 Total shares Own this piece of history Collect this article as an NFTUnited States-based cryptocurrency exchange Coinbase has beaten revenue expectations for the fourth quarter of 2022…

Patrick McHenry implied that for the U.S. to regulate stablecoins with a “single regulator at the federal level” would likely not be a success. 61 Total views 1 Total shares Whether regulations on stablecoins and digital assets should be addressed at the state or federal level was the topic of discussion among at least two…