Grayscale (whose guardian firm Digital Foreign money Group additionally owns CoinDesk) has utilized to transform the GBTC into an exchange-traded fund, or ETF. And for months, some merchants have been monitoring the low cost as a proxy for the probability of profitable approval. In keeping with the market logic, the GBTC would commerce at par with the underlying bitcoin within the fund if the conversion goes ahead; in different phrases, the low cost would evaporate.
UK trade and industry groups have urged the government to make blockchain and digital assets a core strand of the...
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Key Takeaways:In collaboration with Chainlink and Sei, the US Commerce Department will provide official macroeconomic data on-chain in real-time.This integration...
According to the latest stablecoin figures from defillama.com, the market is edging closer to the $290 billion threshold, with a...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the 7-day average Bitcoin...
