Grayscale continues to grow, passing $50 billion. That’s equivalent to the world’s second-largest commodity ETF. Major U.S. asset manager Grayscale has just surpassed $50 billion in cryptocurrency assets under management for the first time. Grayscale’s AUM is creeping ever closer…
Kategorie: Crypto Flash News
Raise a PINT to Polkadot’s new index token: Six top projects sign up
Six of Polkadot’s top projects have already put their hands up to feature in the Polkadot Index Network Token and sit on its Constituent Council. The source code for the upcoming Polkadot Index Network Token, or PINT, has been made…
Watch out as r/Wallstreetbets finally allows crypto threads… within limits
Reddit group r/wallstreetbets will allow a limited amount of crypto discussion, as it seeks to accommodate members in the community without detracting from its stock market focus. The moderators of subreddit r/wallstreetbets have announced they will allow crypto discussion in…
$420M in leveraged long traders liquidated after XRP rallies to $1.96
XRP price dropped by 20% shortly after making a 2021 high at $1.96, but have the altcoin’s bullish fundamentals changed? XRP holders couldn’t have asked for a better year as the cryptocurrency rallied almost 800% and flirted with a $2…
Garry Tan’s 2013 investment of $300K in Coinbase is now worth $2.4B
Prominent angel investor Garry Tan invested $300,000 in Coinbase in 2013 and with today’s COIN listing it’s now worth $2.4 billion. Garry Tan, a prominent angel investor and the founder of Initialized Capital, was one of the first investors to…
US Senate votes to confirm Gary Gensler as SEC chair
Gensler’s confirmation comes almost three months after President Joe Biden first announced he was his pick for the SEC. Voting mostly along party lines, the U.S. Senate confirmed the nomination of Gary Gensler to chair the Securities and Exchange Commission,…
Coinbase tokenized shares seem to be in free fall on FTX
The “Coinbase pre-IPO contract” has seen extreme volatility on FTX derivatives exchange. Investors with tokenized exposure to Coinbase (COIN) shares experienced extreme volatility Tuesday, as the value of their holdings plummeted in a matter of minutes. The selloff took place…
Life beyond Ethereum: What layer-one blockchains are bringing to DeFi
Ethereum is the dominant force in DeFi, and layer-two solutions are a promising alternative, but the layer-one blockchains are not done just yet. Issues with Ethereum congestion and high fees have led to many companies adopting layer-one solutions like Optimistic…
German software developer donated $1.2M in ‘undeserved’ Bitcoin to political party
“The donor has made it clear to us that he sees these profits as undeserved wealth,” said a spokesperson for the country’s Greens party. A German national who reportedly sees his Bitcoin profits as “undeserved wealth” has donated more than…
Price analysis 4/14: BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, DOGE, LINK
Today’s Coinbase (COIN) listing is likely to remain a focal point that will dictate the short-term price action in Bitcoin and altcoins. Coinbase (COIN) listing on Nasdaq could eventually boost cryptocurrency adoption and attract droves of institutional investors. However, that is…