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Grayscale Names Peter Mintzberg CEO Amid Bitcoin ETF Outflows

Peter Mintzberg has been named CEO of Grayscale Investments, an American asset management giant. Following Michael Sonnenshein’s departure as CEO, this hiring is seen as a watershed moment for the company. Sonnenshein oversaw the firm’s procurement of the spot Bitcoin ETF approval, and now Mintzberg is responsible for expanding the

August 16, 2024 2 mins read

US SEC Approves MicroStrategy ETF Launched by Defiance ETFs

The SEC has given the green light to MicroStrategy tracking exchange-traded fund (ETF). The MSTX exchange-traded fund (ETF) is offered by Defiance ETFs and aims to replicate 175% of the daily stock return of MicroStrategy. A public statement states that the SEC has given its formal approval to the MicroStrategy

August 16, 2024 2 mins read

Must-Buy Altcoins for the Upcoming Alts Season: Solana, Avalanche, Litecoin, VeChain, and Optimism

The cryptocurrency market is currently experiencing a significant resurgence, marked by solid gains across various digital assets. This positive sentiment is largely driven by renewed investor confidence and optimistic market conditions. Notably, major cryptocurrencies like Bitcoin and Ethereum have seen substantial increases in their values, indicating a bullish market sentiment. 

August 15, 2024 6 mins read

Top 5 Cryptocurrencies To Buy Now: BlockDAG, Bitcoin, Dogecoin, ADA, and Ethereum

As we enter mid-August 2024, a selected group of cryptocurrencies emerges as promising candidates for significant growth. At the forefront in its eagerly anticipated presale phase is BlockDAG (BDAG), alongside established giants like Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and the iconic meme coin, Dogecoin (DOGE). These digital assets each

August 15, 2024 4 mins read

Marathon Digital Boosts Holdings by Acquiring 4,144 BTC Worth $249M

Marathon Digital, a Bitcoin miner, has announced that it has spent $249 million in cash to acquire 4,144 Bitcoins. Within two days of the convertible notes being oversubscribed earlier this week, Bitcoin was purchased. The original purchasers had the opportunity to acquire an extra $50 million worth of notes within

August 15, 2024 1 min read

Morgan Stanley Discloses Around $190M Investment in Spot Bitcoin ETFs

According to Morgan Stanley’s 13F filing with the US SEC, the global investment and financial services giant disclosed a sizable holding in BlackRock’s spot Bitcoin exchange-traded fund on Wednesday. In the iShares Bitcoin Trust (ticker: IBIT), Morgan Stanley revealed holding over 5.5 million shares, or $187.79 million, as of June

August 15, 2024 2 mins read

Stacks (STX) Price Prediction 2024, 2025, 2026-2030

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

August 15, 2024 7 mins read

Can Ethereum Reverse Its Decline Amidst Heavy Selling?

Ethereum has been under significant bearish pressure over the past two weeks, with the cryptocurrency hitting a seven-month low of $2,111 recently. Despite a brief recovery, Ethereum’s price currently stands at $2,640, marking a 4% decline amid decreasing trading volume. The second-largest cryptocurrency continues to face intense selling pressure. The

August 15, 2024 2 mins read