The GBTC Discount Is Narrowing; Here's Why It Matters
The possibility the SEC will approve the conversion of GBTC into an ETF is playing a role in the discount narrowing, according to analysts.
Posts published on July 19, 2023 go to media archive 2/4
Price analysis 7/19: BTC, ETH, XRP, BNB, ADA, SOL, DOGE, MATIC, LTC, DOT
Bitcoin's failure to rebound off strong support levels increases the risk of a deeper correction that could also negatively impact altcoins.
Multiple spot crypto ETF applications go to Federal Register in step toward SEC approval
Publishing the ETF applications in the official journal of the U.S. government gives the SEC up to 240 days — until March 2024 — for final approval or denial.
Bitcoin Exchange Inflow Spikes, Is This Bearish?
On-chain data shows the Bitcoin exchange inflow towards Binance has spiked during the past day, which may be bearish for the price. Bitcoin Exchange Inflow Has Registered A Large Spike As an analyst in a CryptoQuant post pointed out, a whale has…
Google Play Store officially allows NFT games, but no gambling: Nifty Newsletter, July 12–18
An on-chain tile-sliding game has been causing a massive spike in daily transactions on the Sui Network.
Apple has its own GPT AI system but no stated plans for public release: Report
The Cupertino, California-based company reportedly developed an internal GPT system on Google infrastructure for employees to tinker with.
Nearly 80,000 Dormant Ether ICO Tokens Awaken in 2023, Including 61,216 ETH Transfer to Kraken
Based on onchain metrics, a dormant wallet containing 61,216 ether acquired during the initial coin offering (ICO) has recently transferred the cryptocurrency after lying idle for a span of eight years. The funds have reportedly been sent to the…
Bipartisan bill to regulate DeFi, crypto security risks introduced into US Senate
The bill was introduced in the evening and has not been published yet, but it is already causing a stir. Crypto Twitter calls it a “nonstarter.”
OKX Wallet Introduces Staking Function For Bitcoin And BRC-20 Tokens
Cryptocurrency exchange OKX, has announced that its multichain wallet will now allow users to lock up and stake their Bitcoin (BTC) and BRC-20 tokens. This function is described as a token reward system for holders of Bitcoin and BRC-20 tokens. OKX…
Nasdaq Halts Crypto Custody Plans Amid Tough US Regulatory Environment
Solana Foundation, Polygon Lead $30M Fundraise for Web3 Firm Cosmic Wire
The startup offers metaverse-creation tools and a list of general blockchain infrastructure solutions.
B2BinPay Now Offers Branded Hardware Wallets Through Collaboration With Ledger
B2BinPay, a leading crypto-processing platform, has revealed a new partnership with Ledger, the global platform for digital assets. As a result of this collaboration, clients of B2BinPay will have the chance to acquire a limited-edition Ledger Nano…
Ethereum Monthly Burn Surpasses 146,000 ETH As Total Clears $6.5 Billion
Featuring Ethereum Improvement Proposal (EIP) 1559, the London hard fork introduced significant changes to Ethereum’s transaction fee mechanism. Users now pay a base fee that is subsequently burned, effectively removing ether from circulation…
UK FCA Chief Warns Against Judging Crypto Firms by Size for Approval Decisions
The FCA has turned down some of the largest crypto firms in the world in the last 18 months, its CEO Nikhil Rathi told lawmakers at a hearing.
Stablecoin Issuer Lybra Finance Launches Arbitrum Testnet Amid Quest to Be More DeFi-Friendly
Users can now interact with Lybra’s new companion stablecoin peUSD, which is said to be more compatible with decentralized finance protocols than the protocol’s main stablecoin eUSD.
‘Get a Horse!’: What Crypto Can Learn From Early Automakers' Struggle for Acceptance
Automotive pioneers were surrounded by fraudsters, hated by banks and attacked by trolls. Sound familiar?
Bitcoin Miner Bitfarms Expands Operations in Paraguay After Securing 2 Hydropower Contracts
The company will be able to add up to 150 megawatts of energy capacity through the two agreements.
StarkWare’s ‘Starknet Stacks’ Could Add to Growing Field of Blockchain-in-a-Box Offerings
The announcement is part of a growing trend in Ethereum’s layer-2 ecosystem, where developers can create application-specific chains using the blockchain’s native stack.
US lawmakers propose SEC chair consider legislation, not enforcement approach to crypto
Reps. French Hill and Dusty Johnson suggested the SEC may have undertaken certain actions on crypto “seemingly timed to coincide with related Congressional activity."
Biggest Movers: SOL Snaps Losing Streak as XRP Climbs 5% Higher
Solana ended a three-day losing streak on Wednesday, as the token moved back above the $26.00 mark. The decline came following Friday’s move above $32.00, which took the price to an eight-month high. XRP has also rebounded today, and looks…
Binance Burns $480 Million In BNB, Will Price Recover?
Binance, the world’s largest cryptocurrency exchange, just completed its quarterly BNB burn, destroying $480 million worth of its native BNB token. According to the company’s blog post, 1,991,854.33 BNB was recently burned in its 24th…
Professor Gary Gensler vs. SEC Chair Gary Gensler: Crypto Long & Short
Gary Gensler once taught a class on crypto. Is he contradicting himself now in his powerful Washington role?
Not All Crypto Custody Is Created Equal: Crypto Long & Short
FTX, Celsius and BlockFi gave the industry a fresh perspective on custodial fundamentals.
Proof-of-truth: Countering AI overreach through Cointelegraph’s Historical NFTs
Investing in authenticity: Here’s how Cointelegraph’s Historical Collection combats AI’s impact on information.
Bitcoin mining is becoming more environmentally friendly
Bitcoin mining is becoming more sustainable thanks to things like hydro-cooling farms and associated petroleum gas — undermining environmental criticism.
Code Wallet Aims for Fresh Start on Solana After Messy Tale of Kik and KIN
Kik, the instant messaging app, founded KIN in 2017 but was forced to pay $5 million settlement to the SEC.
Crypto VCs share lessons on startup success at EthCC
"A multitude of expansion factors curated at the [VC] group level" helps startups get traction, says Tony Cheng of Foresight Ventures.
Bitcoin Has Broken This Open Interest Pattern, Quant Explains
A quant has explained how a pattern in the Bitcoin open interest that held during the past month now appears to be broken. Bitcoin Open Interest Is Now Moving Against The Price As explained by an analyst in a CryptoQuant post, the BTC price had…
SEC vs. Ripple: Huge win for crypto
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses Ripple’s latest win against the SEC and what it means for the crypto market.