How billions in outflows from Grayscale could impact Ethereum ETF launch
Outflows from the Grayscale Ethereum Trust (ETHE) could dampen the Spot Ethereum ETF approval party but create significant opportunities for traders.
Related Posts
July crypto hacks total $266M, WazirX leads losses
July witnessed $266 million in cryptocurrency losses from 16 attacks, with WazirX being the largest victim of North Korean hackers.
US tech exec warns China is ‘a decade ahead’ on quantum
Analysts often claim China is winning the quantum race but available research indicates otherwise.
Biden wants to double capital gains and clamp down on crypto wash sales: Reports
The Biden administration wants to apply the wash sale rule to digital assets. 979 Total views 67 Total shares Own this piece of history Collect this article as an NFTU.S. President Joe Biden’s upcoming budget proposal has a few surprises for crypto traders and investors, including a proposed doubling of capital gains for certain investors…
Crypto.com to sponsor Aston Martin’s Formula 1 team
Crypto.com's logo to appear on Aston Martin F1 cars in the 2020–2021 season. 1384 Total views 7 Total shares Cryptocurrency exchange service Crypto.com has inked a partnership deal with car maker Aston Martin to sponsor the latter’s Formula 1 team.According to a report by Business Insider, the collaboration is a multi-year sponsorship on the occasion…
Fiat is in ‘jeopardy’ but Bitcoin, stablecoins aren’t the answer either: Ray Dalio
Billionaire investor Ray Dalio has described fiat currency as being in serious “jeopardy” as an effective store of wealth but doesn’t believe Bitcoin (BTC) and stablecoins will be the solution either.Dalio, the founder of hedge fund firm Bridgewater Associates explained on CNBC Squawk Box on Feb. 2 that the mass money printing of the United States…
Crypto donations fund fire relief efforts on Maui
The Giving Block matched more than $68,000 in crypto and fiat donations to raise more than $136,000 for a project aimed at assisting efforts following the fires in Maui. 78 Total views 2 Total shares Relief efforts are still underway on the Hawaiian island of Maui following a series of wildfires severely damaging major areas
UK firm launches service for company treasuries to invest in Bitcoin
U.K.-based crypto firm BCB Group is looking to provide corporations with a way to put Bitcoin on their balance sheet by launching a dedicated treasury. 1526 Total views 7 Total shares BCB Group, a global digital financial services firm, is planning to help corporations navigate cryptocurrencies like Bitcoin (BTC) by launching a dedicated service.According to…
Billionaire vows to spearhead Mexico’s first Bitcoin-friendly bank
The third richest man in Mexico, Ricardo Salinas Pliego, has doubled down on his support for Bitcoin, revealing plans to open the first BTC accepting bank in the country.On June 27, the Mexican billionaire tweeted his support for the widespread adoption of BTC, noting that his bank is “working” to become the first in Mexico…