Grayscale transfers $1B ETH to Coinbase a day ahead of Ether ETF launch

The firm revealed it has “$44.3 trillion in assets under custody and/or administration and $4.4 trillion in assets under management.”

Ethereum 2.0 has dragged its feet. But when it does finally ship, it could provide the “largest economic shift in society” — or so it’s believed. The launch of ETH 2.0 is tentatively penned for July, transforming Ethereum from a no-frills proof-of-work protocol to a fully-fledged staking platform. After that, instead of competing against each…

Bitcoin (BTC) continues to trade at a premium in Argentina after a sharp currency devaluation sent investors running for a safe haven. Argentine peso plunges 30%Data from local cryptocurrency exchange Buenbit put Bitcoin trading around $11,750 at press time Aug. 13, compared to around $11,330 on major global exchanges.When a shock defeat of incumbent president Mauricio…

Modernizing public finance management through blockchain could help governments identify potential corruption and waste by providing additional transparency and traceability. 230 Total views 25 Total shares The Official Monetary and Financial Institutions Forum, or OMFIF, an independent global think tank for central banking and economic policy, has released a report suggesting that blockchain technology in…

“There’s nothing better than building a factory that makes Bitcoin,” said Celsius CEO, Alex Mashinsky. 1044 Total views 3 Total shares Alex Mashinsky, the CEO of centralized crypto money market Celsius, has revealed that a share of profits from the company's recent $200 million investment into Bitcoin mining infrastructure will be redistributed back to depositors.Speaking…

The card is only available to citizens of the 30-country European Economic Area. 242 Total views 4 Total shares Bulgarian decentralized lending platform Nexo has unveiled a crypto-powered debit and credit Mastercard for citizens of the European Economic Area (EEA).According to the Aug. 31 announcement, the Nexo Card will allow users to spend their euro

Black Thursday has triggered two new trends in Bitcoin’s relationship with other cryptocurrencies and gold.Historically, cryptocurrencies have been highly correlated with one another, especially the top ones. The correlation between cryptocurrencies and gold has been traditionally weak.Source: KaikoTwo new trends emergeSince Black Thursday, two new trends have emerged: the correlation between Bitcoin (BTC) and the…

Over the past 6 months, Binance Coin (BNB) has been quietly rallying higher, gaining 189% during this period and notching a new all-time high at $46.90 on Jan. 18. This price peak happened just one day before its quarterly token burn, leading investors to question whether or not BNB price will move higher once the…

JPMorgan and Chase call for calm in the crypto market. In a recent client survey, just 5% believe Bitcoin will hit $100,000 by year-end. 729 Total views 32 Total shares One of the world’s largest investment banks has its Bitcoin (BTC) price predictions ready for 2022. In a recent poll, JPMorgan Chase asked its clients…