Grayscale’s website states that GBTC has $11.9 billion in assets under management. GBTC has always traded at a significant premium over spot Bitcoin pricing. Shares of the Grayscale Bitcoin Trust (GBTC), the biggest Bitcoin fund in the market, reached a record discount of 35.18% last Friday and showed little sign
Binance adopted the Terra Classic burn mechanism on Trading Fees. LUNC increased by 161% from the previous month. Finally, the LUNC community’s most awaited response from Binance CEO Changpeng Zhao (CZ) on the proposal of burning trading fees has come true on Monday. Binance announced that the exchange would create
CEO Brian Armstrong insists the move to the public market has been very beneficial. Coinbase was able to secure $3 million of debt in a single week last year. Stock of cryptocurrency exchange Coinbase is down 84% from its all-time high of $381 on the company’s listing day in April
It was announced today that the DFI token, issued by DeFiChain, would be listed on Gate.io, one of the world’s biggest cryptocurrency exchanges. DeFiChain is the premier blockchain on the Bitcoin network devoted to providing decentralized financial apps and services to everyone. DeFiChain has taken a huge step toward achieving
Standard NFT markets like OpenSea and Magic Eden often only take a 5% fee. The company has no plans to enter the cryptocurrency or NFT markets. The use of non-fungible tokens (NFTs) has been gaining traction in the cryptocurrency market, with support coming from both smaller startups and large multinational
A total of 8,094 ETH was added to the supply pool since the merge. The gas fee at present in the Ethereum network is 4.62 Gwei. Ethereum merge didn’t turn out as expected in various aspects. The post-merge scenario was to take the Ethereum (ETH) token closer to the deflationary
Securrency, a leading blockchain-based financial markets infrastructure and products company, announced today that it will deploy its proprietary Digital Asset Composer on the XDC Network, a state-of-the-art blockchain with a mature ecosystem and a particular focus on real-world applications in global trade and finance. Notably, XDC Network is a leading
Interpol demanded the law enforcement agencies find and detain Do Kwon. According to authorities, Kwon is accused of defrauding investors’ money in the country. The arrest of Terraform Labs founder Do Kwon has been demanded by regulators globally. Now, the South Korean authorities have said that the International Criminal Police
Tokyo, Japan, 26th September, 2022, Chainwire CROOZ, Inc. (Listed on Tokyo Stock Exchange Standard Market; Head office: Shibuya-Ku, Tokyo; CEO: Koji Obuchi; hereinafter: CROOZ) has announced that the blockchain game known as “PROJECT XENO” under development by CROOZ is going to collaborate with Floyd Mayweather Jr. who is a former
Since the beginning of 2017, a total of 7,495,059.588 BTC have been held in ‘HODL’. Expert cautioned investors to hold off on buying BTC at the present time. As Bitcoin struggles to make a meaningful positive move this year, the cryptocurrency markets are putting investors to the test. It has
