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"It's net good news for GBTC shareholders and FUD fighting," said Selkis. 830 Total views 7 Total shares According to a new Twitter post by Ryan Selkis, CEO of blockchain research firm Messari, Grayscale Bitcoin Trust's (GBTC) controlling shareholders Genesis Global and Digital Currency Group cannot simply "dump" their holdings to raise more capital. Selkis…

Things are looking up for Bitcoin and altcoins on Thursday, but the chance of a breakdown remains, one analyst warns. 683 Total views 29 Total shares Bitcoin (BTC) volatility is again overdue and one analyst is favoring an "impulsive" move towards $50,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: "Chill and wait" for Bitcoin breakoutData from…

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

NFT sales volumes have rebounded across major blockchains, and Polygon has taken the lead with a 123.20% increase. 

Huobi Group is jointly developing a new public blockchain for decentralized financial (DeFi) services, according to a press release on July 1.Major global digital asset financial service provider Huobi has partnered with Chinese blockchain startup Nervos enabling companies to deploy their own blockchains, tokenized assets, as well as DeFi services, according to the announcement.The joint…

CoinMarketCap has announced a new, iterative approach to provide credible exchange rankings following extensive community feedback and criticism.As part of an announcement made on May 13, the cryptocurrency price aggregator is set to implement the first of its newly outlined steps tomorrow, on May 22.The first step will be relatively minor as it removes the…

CSOP’s new inverse Bitcoin ETF aims to profit from BTC price declines following their successful 2022 launch of the firm’s Bitcoin Futures ETF.

Elon Musk envisions X as an all-encompassing financial platform, embracing every aspect of users’ financial lives, from money and securities to eliminating the need for traditional bank accounts. Elon Musk’s venture, X (formerly known as Twitter), aims to position itself as a central financial hub, encouraging individuals to consider using X as their primary financial