
Grayscale Shows Strong Intention to Convert Its GBTC Bitcoin Fund to BTC ETF
Looking at the strong demand for Bitcoin ETF from institutional players, Grayscale doesn’t want to lose its market dominance and is willing to navigate to the ETF market.
Looking at the strong demand for Bitcoin ETF from institutional players, Grayscale doesn’t want to lose its market dominance and is willing to navigate to the ETF market.
Rumors are strong that Walmart might announce its Bitcoin exposure during the next quarterly earnings report in May 2021. Here’s why Walmart can completely change the game in terms of Bitcoin (BTC) adoption.
The overall crypto market has hit a new all-time high. While Bitcoin has shown some strength, the altcoin space has overwhelmed Bitcoin performance over the last week.
Circle was quick to release a statement, ensuring that there would be full cooperation with IRS, and assuring their clients of the safety of their assets.
Bitcoin has been seeing constant gains over the past months while reaching new highs. Now it is trading at almost $60,000.
Morgan Stanley said that nearly 12 of its mutual fund’s portfolios will get Bitcoin exposure either through cash-settled futures or via Grayscale.
Bitcoin price has not reacted majorly on the Fools’ Day pranks as it was trading around $59,289.26 according to CoinMarketCap.
As per the SEC filing, BlackRock held BlackRock 37 contracts of CME Bitcoin Futures the price of which appreciated by $360,458. The company’s Bitcoin exposure was minuscule in comparison to its $9 trillion AUM.
Goldman Sachs has a minimum threshold of $25 million investment for individuals, families and endowments under its wealth management business offerings. This shows massive money is coming to Bitcoin and the overall crypto market.
According to the Chipotle prize breakdown, three fans will win $25,000 worth of Bitcoin, 50 fans will win $500 worth of Bitcoin, and 10,000 fans will win one free Burrito.
Increased volatility in Bitcoin price in the past 24 hours has resulted in total liquidation of approximately $1 billion.
The CME is set to launch micro Bitcoin futures in May. The new investment tool aims to include sidelined clients and ensure more precision, risk management and choice.
Rumors on PayPal’s Checkout with Crypto began on the 30th of March. Later in the day, PayPal CEO Dan Schulman confirmed this news.
Ahead of the official launch, the Bakkt App attracted more than 500,000 users who participated in its Invitation-only Early Access Program. The App is now available on the App Store and Google Play Store.
Wanchain outlined a special consensus arrangement and privacy-protecting techniques that will seamlessly integrate with their present design.