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The trading debut for the new fund, under the symbol “DEFG,” comes as the shares of Grayscale’s largest fund, the Grayscale Bitcoin Trust (GBTC), are trading a record 47% discount to the value of the underlying cryptocurrency. Grayscale has said it’s operating business as usual, but speculation about the fund’s
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press release PRESS RELEASE. INTERNET CITY, DUBAI, Dec. 9, 2022 – LBank Exchange, a global digital asset trading platform, has listed SILK on December 9, 2022. For all users of LBank Exchange, the SILK/USDT trading pair is now officially available for trading. As the first web3 esports with earnings, Spider Tanks
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According to statistics sourced from data aggregator YCharts, seven digital currency funds issued by asset manager Grayscale Investments are currently at a discount of 34% to 69% to their net asset value, or NAV. Holdings tracked in the analysis include the Grayscale Bitcoin Trust; Ethereum Trust, Ethereum Classic Trust, Litecoin
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“It's not just other funds and investors who can benefit from protection against nonlinear drops in cryptocurrency markets. I think this new fund will be valuable to the entire crypto ecosystem; exchanges, payment processors, project endowments, and really anyone with significant exposure to crypto,” Kvamme said. Original Source
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The number of ether (ETH) options contracts traded rose 10% in November relative to October, reaching a record high of 8.9 million. Trading volume in bitcoin (BTC) options rose 17% to 778,000 contracts, nearing the record rally registered in January 2021, according to data sourced from Deribit. Source
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"By eliminating fees first on BTC and now ETH, we are ... raising awareness for the high fees consumers are paying on other platforms, and helping to restore trust in the greater ecosystem,” said Brian Shroder, CEO and president of Binance.US, in a press release. Source
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Coinbase CEO Brian Armstrong has revealed that the exchange’s trading revenue has declined by approximately 50% or more when compared with last year, according to a Dec. 7 report from Bloomberg.Armstrong made the statement as part of an interview with the David Rubenstein Show. When asked about the exchange’s revenue,
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Binance US has announced that it has expanded its “zero fee price model” to Ether (ETH) effective immediately. According to the announcement, users are now able to freely trade four Ether spot market pairs: ETH/USD, ETH/USDT, ETH/USDC and ETH/BUSD.Just in time for the holidays, the best #crypto platform for low fees just
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"We say this because the two-year Treasury yield, which has been a reliable indicator of the market's direction all year, is, in fact, moving in line with BTC and ETH, while the S&P 500 and Nasdaq have rallied away," QCP said in Monday's market update. Source
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