Ether Soars 10% to $3.4K on Bloomberg’s ETF Odds
In a significant market move, the price of ether (ETH) surged more than 10% to $3.4K after Bloomberg analysts substantially increased the likelihood of...
Grayscale Taps Wall Street Alum for New CEO
After a decade-long tenure at Grayscale Investments, Michael Sonnenshein is stepping down as chief executive officer of the cryptocurrency asset manager. He will be...
Morgan Stanley Holds Major GBTC Stake For Clients
Morgan Stanley (NYSE:MS) disclosed a substantial stake in Grayscale’s Bitcoin Trust , totaling nearly $270 million as of March 31, according to a recent...
Nigeria Court Clears Binance Executive for Exchange Trial
In a significant legal development, a Nigerian court has determined that Binance executive Tigran Gambaryan can be prosecuted on behalf of the cryptocurrency exchange...
Bitcoin’s Tech Stock Correlation Hits New High Since August
Bitcoin (BTC-USD) found itself grouped with other speculative investments during the run-up of the Federal Reserve’s last tightening cycle, declining on expectations that higher...
Memecoins Outpace Wider Crypto Market
The memecoin market has surged, with its market cap reaching $58 billion and posting a 10% gain in the last 24 hours, outpacing the...
Bitcoin Options Traders Expect Price Correction
Analysts suggest that Bitcoin derivatives traders are willing to pay a premium for short-term downside protection, despite a more optimistic outlook for longer-term options...
Bitcoin Mining Costs Drop to $45K as Inefficient Miners Exit: JPMorgan
JPMorgan (NYSE:JPM) estimates that the current cost of mining Bitcoin has dropped to around $45,000, down from over $50,000. This decrease follows the quadrennial...
Mastercard Selects Five Startups for Blockchain Program
Mastercard (NYSE:MA) has announced the selection of five startups to participate in its digital assets program, which aims to foster the development of blockchain...
Circle Moves Legal Home to U.S. for IPO: Bloomberg
Circle (CIRC) recently submitted court documents to transfer its legal domicile to the United States from Ireland, as reported by a spokesperson for the...
