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“Initially, the Fund expects to directly invest up to 15% of its total assets in Grayscale Bitcoin Trust (‘GBTC’) and Canadian bitcoin ETFs investing in bitcoin,” the filing said. (Grayscale and CryptoX share a parent company, Digital Currency Group.) Source
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Over the long term, however, bitcoin’s uptrend remains intact. “The long-term uptrend still has a hold on bitcoin, with our monthly indicators pointing higher, putting short-term volatility into a bullish context,” Katie Stockton, managing director of Fairlead Strategies, wrote in a Monday report. Original Source
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“Polygon is a disruptive layer-2 technology that gains from Ethereum’s secure network while mitigating common blockchain pain points, such as high gas fees and slow transactions,” Greg King, CEO of Osprey, said in a press release. “We’re excited to offer investors a new way to tap into the growing Ethereum
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The exchange plans to publicly roll out this proposal in the coming days, according to sources familiar with the regulatory discussions. Details of the proposal were not available at press time, but among other matters the company intends to argue what should and should not be defined as a security
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However, in interviews with CoinDesk, a pair of developers say that AJ’s depiction of the events is highly unlikely, if not impossible, and that standard operational security – such as double-checking that emails are from the proper sources and using a hardware wallet – is the best way forward. Original Source
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“Those platforms should come in, and they should figure out how to register,” Gensler said. “Not many have, and so I do really fear that we’ll keep bringing these enforcement cases but there’s gonna be a problem ... and, frankly, when that happens I think a lot of people are
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According to leaked documents reviewed by CoinDesk, Chainalysis, the largest of the blockchain tracing firms, owns and operates “walletexplorer.com.” Like other block explorers, the service lets anyone view the history of public cryptocurrency wallet addresses. Chainalysis figures that bad actors would use its site to check transactions without fear of
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Compass’s new retail program will allow individuals to buy a single ASIC mining rig that they can set up at home, rather than having to buy them in bulk from the manufacturers. Brands include the WhatsMiner series from MicroBT and the Antminer series from Bitmain, offering 78–95 terahashes per second
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The round was led by North Island Ventures with participation from Polychain Capital, Reciprocal Ventures, Leminscap, CMT Digital, Free Company, Alameda Ventures, Infinite Capital, Flow Ventures and Drops Foundation, the company announced on Tuesday. Source
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“This is not acceptable behavior … to indiscriminately crack down on an entire industry, blow off invitations to attend a leading U.S. industry conference this year in this space and ultimately make a good-faith effort to engage and try to educate themselves on what’s actually going on,” Selkis said about
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