After crypto exchange FTX and its trading arm Alameda Research filed for bankruptcy in November 2022, the failed company has been attempting to recover assets to refund its creditors. In a new development, the FTX affiliate has decided to drop its lawsuit against Digital asset manager Grayscale voluntarily. Related Reading: Grayscale Leads The Pack: Over

FTX, a now-defunct crypto exchange, has reportedly sold off its stake in Grayscale Bitcoin Trust (GBTC). Recent reports indicate that FTX liquidated approximately 22 million shares, valued at nearly $1 billion, effectively reducing its GBTC ownership to zero. This massive sale emerges after GBTC’s transformation into a spot exchange-traded fund (ETF), marking a pivotal moment

In the dynamic landscape of cryptocurrencies, Bitcoin is currently traversing a terrain marked by uncertainty and divergent perspectives. Once a dominant force in the digital currency realm, Bitcoin is now experiencing a period of skepticism and reevaluation. The initial surge in anticipation surrounding the introduction of Bitcoin Exchange-Traded Funds (ETFs) has waned, leading to a

In a recent analysis, Kiarash Hossainpour, founder of Colorways Ventures and The Consensus, warns of a potential shockwave in the Bitcoin market and pointed to several significant Bitcoin holdings that could exert significant selling pressure on the market in the first half of 2024. Potential Bitcoin Sellers First, Hossainpour drew attention to the Grayscale Bitcoin

BlackRock’s iShares Bitcoin Trust recorded its first discount to its Net Asset Value (NAV) on Jan. 19, dropping to a discounted rate of -0.30%, according to official BlackRock data. “The above table and line graph present information about the differences between the daily closing price for shares of the fund and the fund’s net asset
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Paul Grewal, the Chief Legal Officer (CLO) of the San Fransisco-based cryptocurrency exchange Coinbase, has fired back at the United States Government Accountability Office’s (GAO) claims regarding crypto sanctions. Coinbase CLO Refutes US GAO’s Claims The Coinbase CLO took to the social media platform X (formerly Twitter) hours ago to express his displeasure with the

In this KuCoin Token (KCS) price prediction 2024, 2025-2030, we will analyze the price patterns of LTC by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION KuCoin Token (KCS) Current Market Status What is KuCoin Token (KCS)? KuCoin Token (KCS) 24H

In an intriguing turn of events, the cryptocurrency market is currently experiencing a bullish trend following the conclusion of 2023. Investors are particularly elated as the global crypto market cap witnessed a significant 20% surge, jumping from $1.5 trillion to $1.8 trillion in January. With the onset of the ‘altcoin

More online stores add crypto as their payment method. Cryptocurrency is convenient and reliable, and it is not a big deal to accept Bitcoin on your website. But is it as good as it seems to be? We are going to speak about the downsides of crypto acquiring to gain

Bitcoin’s price should go “higher in six months” because investors divesting their Grayscale’s Bitcoin Trust (GBTC) holding would switch to other exchange-traded funds (ETFs), according to Galaxy Digital CEO Michael Novogratz. Novogratz made this statement in response to a bearish outlook presented by BTCdata Corporation’s founding partner, Chris J. Terry, who predicted a short-term downturn
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