Category: grayscale

Finance Redefined: Axie Infinity creator raises $150M, DApp daily users surge to 2.4M and more

Finance Redefined: Axie Infinity creator raises $150M, DApp daily users surge to 2.4M and more

The decentralized finance (DeFi) world saw another week of increased on-chain and developer activity even when the overall market cap took a slight dip amid overall market retrace. The creators of the popular play-to-earn nonfungible token (NFT) game Axie Infinity raised $150 million to reimburse hack victims of the Ronin bridge exploit. The decantralized application, […]

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Crypto Biz: Do you believe in Ethereum killers? Put your money where your mouth is, March 18–24

Crypto Biz: Do you believe in Ethereum killers? Put your money where your mouth is, March 18–24

While crypto markets are still in a state of “fear,” as evidenced by Bitcoin’s Fear & Greed Index, the industry as a whole is giving us reasons to be bullish. Large venture funding rounds, growing adoption of decentralized governance models and new institutional-grade product offerings suggest that crypto is more than just daily chart patterns.  […]

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Institutions increase exposure to Grayscale Bitcoin Trust as GBTC discount nears 30%

Institutions increase exposure to Grayscale Bitcoin Trust as GBTC discount nears 30%

Institutional investors are returning to accumulate Grayscale Bitcoin Trust (GBTC) shares as the discount to spot price his risen to nearly 30%, data on Glassnode shows. Since December 2021, some weekly sessions saw investors pouring in between $10 million and $120 million into Grayscale’s flagship fund. Meanwhile, the biggest capital inflow — amounting to nearly […]

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Grayscale launches campaign to encourage public comments on Bitcoin ETF application

Grayscale launches campaign to encourage public comments on Bitcoin ETF application

“This campaign aims to educate and inspire the investment community to take action and make their voices heard on this historic decision,” said Michael Sonnenshein. 1923 Total views 23 Total shares As the U.S. Securities and Exchange Commission is considering whether to approve or deny asset manager Grayscale’s application for a Bitcoin spot exchange-traded fund […]

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SEC delays decisions on Bitwise and Grayscale’s Bitcoin ETFs

SEC delays decisions on Bitwise and Grayscale’s Bitcoin ETFs

The SEC now expects to decide whether to approve or disapprove Bitwise and Grayscale’s Bitcoin exchange-traded offerings in early February. 6774 Total views 43 Total shares The United States Securities and Exchange Commission continues to delay decisions on Bitcoin (BTC) exchange-traded funds (ETF), issuing two fresh deadline extension notices. On Wednesday, the SEC postponed two […]

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