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Grayscale could launch its Bitcoin (BTC) exchange-traded fund (ETF) as soon as July 2022, one of its executives has said.Speaking at a virtual event organized by MarketWatch on Oct. 27, Grayscale global head of ETFs David LaValle gave a nine-month timeline for approval by United States regulators.Grayscale: Now’s the time
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This episode is sponsored by NYDIG.Download this episodeLast year, Paul Tudor Jones wrote a paper called “The Great Monetary Inflation” that would end up creating narrative motivation for many traditional retail and institutional investors to allocate to bitcoin as an inflationary hedge. On today’s episode, NLW looks at the rising discussion
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“As we said last quarter, we were going to look into accepting cryptocurrency and test it to see if it’s a faster, easier and cheaper solution,” the company’s CEO Mat Ishbia said in a press release. “Due to the current combination of incremental costs and regulatory uncertainty in the crypto
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This is notable because the exchange is seen as a proxy for institutional demand. Further, its latest jump from last month’s fourth spot is reminiscent of the exchange’s rise to the top seen during bitcoin’s four-fold institutional-driven rally to nearly $40,000 in the final three months of 2020. Source
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This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Well, it finally happened. The regulation-driven crypto-apocalypse in China. They started by clamping down on miners earlier this summer
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Bitcoin appeared set to end the seasonally bearish month of September on a negative note, thanks to instability in global financial markets, regulatory concerns, and China’s decision to blanket ban crypto businesses.Despite trading 2.8% higher on the day at $42,200 on Wednesday, the leading cryptocurrency was nursing a 10% monthly
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Bancoagricola, the biggest bank in El Salvador, is now accepting bitcoin to pay for debts originated from the use of its instruments, according to a PR statement. The institution partnered with Flexa, a payments network, to include cryptocurrency capabilities in its software. Bancoagricola also allows merchants using Wompi services (a
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Bitcoin (BTC) investment vehicle the Grayscale Bitcoin Trust (GBTC) is trading at its biggest discount since the May BTC price crash.Data on Aug. 19 confirms that as BTC/USD trades near $44,000, GBTC shares are over 16.5% below spot price.Analyst: Grayscale comeback "will take time"Grayscale, which has $42 billion in assets
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As the bull rally continues, some Bitcoin technical indicators may suggest the biggest BTC buy signal since April 2020 is here. Bitcoin Closes Above 21 Week MA And 200 Day MA As pointed out by a CryptoQuant post, the cryptocurrency has made a weekly close above the 21-week and 200-day moving averages
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