FTX Granted Court Approval to Liquidate $744 Million Grayscale Trust Assets

FTX Granted Court Approval to Liquidate $744 Million Grayscale Trust Assets

Bankrupt cryptocurrency exchange FTX just has received approval from a bankruptcy court to sell its stakes in digital trusts managed by Grayscale Investments, according to a bankruptcy court document filed on Friday. This move... Read more »
Wormhole raises $225M at $2.5B valuation

Wormhole raises $225M at $2.5B valuation

Cross-chain protocol Wormhole has secured a $225-million investment at a valuation of $2.5 billion. According to the Nov. 29 announcement, the investment round was led by Brevan Howard, Coinbase Ventures, Multicoin Capital,... Read more »
Early Delay to BTC-Spot ETF Reviews Raised Hopes of a Batch Approval

Early Delay to BTC-Spot ETF Reviews Raised Hopes of a Batch Approval

SEC Delays the Review of Franklin and Hashdex ETF Applications On Tuesday, news hit the wires of the SEC delaying the BTC-spot ETF application reviews for Franklin and Hashdex. Bloomberg Intelligence ETF... Read more »
Bitcoin mining firm Phoenix Group delays share listing

Bitcoin mining firm Phoenix Group delays share listing

Cryptocurrency mining firm Phoenix Group is preparing for its public trading launch after seeing a significant oversubscription during the pre-market sale on Nov. 21. Phoenix’s public trading launch will be delayed as... Read more »
Circle Signs MoU With SBI Holdings to Expand USDC in Japan

Circle Signs MoU With SBI Holdings to Expand USDC in Japan

Source: Pexels Circle, stablecoin issuer behind USD Coin (USDC), has joined forces with Tokyo-based financial services firm SBI Holdings to facilitate the strategic expansion of USDC into the Japanese market. This collaboration,... Read more »
MicroStrategy’s Bitcoin Holdings Drive Stock to Two-Year High – Here’s the Latest

MicroStrategy’s Bitcoin Holdings Drive Stock to Two-Year High – Here’s the Latest

Source: Adobe/monticellllo MicroStrategy, the enterprise business firm known for its bullish stance on  Bitcoin (BTC), has seen its stock soar to a two-year high. The technology company’s shares closed above $500 on Black... Read more »
Crypto Market Analysis: Top Altcoins Poised To Explode Soon!

Crypto Market Analysis: Top Altcoins Poised To Explode Soon!

Renowned crypto expert Michael van de Poppe recently shed light on altcoins he believes are primed for a significant surge. In his latest analysis, van de Poppe explored the current state of... Read more »
Tether and Bitfinex Settle Dispute, Will Share Information Under FOIL Request – Here’s What You Need to Know

Tether and Bitfinex Settle Dispute, Will Share Information Under FOIL Request – Here’s What You Need to Know

Source: AdobeStock Tether and Bitfinex have agreed to settle their dispute regarding a Freedom of Information Law (FOIL) request filed by a group of journalists, including Zeke Faux from Bloomberg Businessweek.  In... Read more »
Bitcoin Hits a New 2023 High on Grayscale BTC Trust Performance

Bitcoin Hits a New 2023 High on Grayscale BTC Trust Performance

BTC-Spot ETF Chatter Delivers a New 2023 High On Friday, BTC gained 1.12% to end the session at $37,717. Significantly, BTC climbed to a new 2023 high of $38,435 before retreating. Investor... Read more »
ECB President Christine Lagarde Says Her Son Lost “Almost All” Money He Invested in Crypto

ECB President Christine Lagarde Says Her Son Lost “Almost All” Money He Invested in Crypto

Christine Lagarde. Source: europeancentralbank / Instagram European Central Bank (ECB) President Christine Lagarde has revealed that her son endured substantial losses in his investments in cryptocurrencies.  During a town hall event with students... Read more »