Regulation
Crypto Bulls Lose $217M as Apparent Grayscale Sales Weighs on Bitcoin
Analysts also pointed out that GBTC shares flipped to a 0.9% discount on Thursday amid “likely selling pressure.” Source link
Month: January 2024
Market Analysis
Kirkland Firm Nets $120M in Legal Fees
Recent developments in the bankruptcy cases of Celsius, BlockFi, and Voyager Digital crypto firms have put the spotlight on the legal prowess of Kirkland & Ellis. The law firm, renowned for its expertise in corporate […]
Market Analysis
Bitcoin ETF After Surpassing Silver
Ripple CEO Brad Garlinghouse reiterates how bullish he is on Bitcoin exchange-traded funds (ETF), amid the product now surpassing silver as the second largest commodity ETF. “It’s a very big deal, in large part it […]
Market Analysis
Why ETH Price Will Rally Before ETF as $60M Options Expire
Deribit Ethereum (ETH) options contracts with a strike price of $2,550 are set to expire on Friday. There are over 24,600 outstanding contracts worth more than $62 million at this price, even as the ETH’s […]
Mining
Mining
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Market Analysis
Ethereum (ETH) Staking Accounts for 24% of the Total Supply
Ethereum (ETH) has reached a significant milestone, with 24% of its total supply now staked. This development reflects a growing tendency among ETH holders to prioritize earning passive income through staking rather than selling their […]
Market Analysis
Canadian Regulator Strict Moves on Funds Using Crypto
The Canadian financial regulator, the Canadian Securities Administrators (CSA), have outlined that its project towards targeting amendments that reflect priority issues regarding investing in crypto assets. “We are proposing to amend the definition of “alternative […]
Market Analysis
Can This New Tool Effectively Tackle Risks in DeFi Protocols?
While offering revolutionary financial services, the decentralized finance (DeFi) sector has been plagued by a series of risks and exploits. According to IntoTheBlock, the DeFi ecosystem lost a staggering $58.78 billion from 2020 to 2023 […]