Grayscale Bitcoin Trust (GBTC) Hits New All-Time Low
Grayscale’s website states that GBTC has $11.9 billion in assets under management. GBTC has always traded at a significant premium over spot Bitcoin pricing. Shares of the Grayscale Bitcoin Trust…
GPU Prices crash To Their Lowest Levels in History in #China After The #Ethereum Merge
Selling GPUs was a hit during Ethereum’s PoW era, but now that the Merge happened, a lot of GPU owners are losing a lot of money. The Merge changed Ethereum’s…
U.S. Dollar Hits Two Decade Peak As Indian Rupee Reached Life-Time Low
DXY hit the 114.5 level and touched 2003 high.Sterling recorded an all-time low of $1.0387. The U.S. dollar currency index (DXY) overcame significant opposition to reach its highest level since…
Former Ripple Executive to in charge of Australian CBDC Trial
A white paper titled “Australian CBDC Pilot for Digital Finance Innovation” was published. On December 31st, at least 12 use cases will be chosen for further investigation. On Monday, the…
CEO of Coinbase Brian Armstrong Backs Going Public
CEO Brian Armstrong insists the move to the public market has been very beneficial. Coinbase was able to secure $3 million of debt in a single week last year. Stock…
Bitcoin HODL Reaches 5-year High Despite Bears Dominance
Since the beginning of 2017, a total of 7,495,059.588 BTC have been held in ‘HODL’. Expert cautioned investors to hold off on buying BTC at the present time. As Bitcoin…
Robert Kiyosaki author of “Rich Dad Poor Dad” Declares the End of Fake Money
According to Kiyosaki, the largest crash in human history is about to happen.The previous week, Kiyosaki urged people to invest in real money,citing bitcoin, silver, and gold as examples.This week,…
Young Canadian Crypto Trader Being Sued For Defrauding
The Ontario man has had $2 million worth of property seized by the authorities.About 140 investors have come forward with information to help in the case. Canadian trader and self-proclaimed…
California Governor Vetoes Crypto Regulation Bill
Despite having until September 30th to make a choice, Newsom vetoed the legislation. Newsom thinks his study has to be taken into account before a licensing framework.Assembly Measure 2269, a…
WhaleAlert: 270 Million XRP ($130M) Bought by Whales
The largest ever buy was on the Bitso crypto market for 54.1 million XRP. XRP prices have increased by around 50% during the last week. The native XRP token of…