New data from crypto intelligence firm IntoTheBlock finds that Bitcoin (BTC) whales have accumulated billions of dollars worth of the crypto king in less than 30 days. In a new article, the crypto analytics platform says the amount of BTC held in wallets with over 1,000 Bitcoin has sharply risen during the first month of […]
The post Bitcoin Whales Accumulate $3,000,000,000 in BTC in Less Than a Month, According to IntoTheBlock appeared first on The Daily Hodl.
Digital asset manager Grayscale has deposited billions of dollars worth of Bitcoin to crypto exchange Coinbase since the approval of spot BTC exchange-traded funds (ETFs), on-chain data shows. Blockchain tracking firm Lookonchain says that on Friday, Grayscale deposited $410.9 million in BTC to Coinbase Prime, the crypto exchange’s platform that caters to institutional clients. The […]
The post Grayscale Has Sent $4,640,000,000 in Bitcoin to Coinbase Since BTC ETF Approvals, According to On-Chain Data appeared first on The Daily Hodl.
Bankrupt crypto exchange FTX’s former trading arm Alameda Research is reportedly no longer pursuing its lawsuit against crypto giant Grayscale. Last March, debtors of the bankrupt digital asset exchange FTX filed a lawsuit against Grayscale in Delaware. The lawsuit alleged that Grayscale extracted over $1.3 billion in excessive management fees in violation of trust agreements. Additionally, […]
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CoinShares International is purchasing US digital asset management firm Valkyrie Funds after the U.S. Securities and Exchange Commission (SEC) approved the firm’s US spot market Bitcoin (BTC) exchange-traded fund. In a new press release, European digital investment group CoinShares says it’s venturing into the US by exercising its option to acquire Valkyrie Funds, a move […]
The post CoinShares International Acquires Valkyrie Funds After Approval of the Firm’s US Spot Bitcoin (BTC) ETF appeared first on The Daily Hodl.
Bitcoin (BTC) is skyrocketing after the U.S. Securities and Exchange Commission (SEC) approved a slew of bids to create spot market BTC exchange-traded funds (ETFs). The highly anticipated move by the regulatory agency – which saw it approve the applications of several marquee firms such as BlackRock (IBIT), Fidelity (FBTC), Invesco (BTCO), ARK Invest (ARKB), […]
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The U.S. Securities and Exchange Commission (SEC) reportedly says that the recent compromise of its X account won’t impede its decision on whether or not to approve a spot market Bitcoin (BTC) exchange-traded fund (ETF). According to a new report by Reuters, unnamed sources say they do not expect the apparent hack to derail the […]
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A crypto gambling website foresees a high probability that a spot Bitcoin (BTC) exchange-traded fund (ETF) will be approved by mid-January. According to the crypto betting site Polymarket, there are 88% odds that the U.S. Securities and Exchange Commission (SEC) will approve a BTC spot ETF by January 15, 2024. According to a recent report by Reuters, […]
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Billionaire and early crypto entrepreneur Barry Silbert is resigning from crypto asset manager Grayscale’s board of directors as of New Year’s Day 2024. Silbert, head of Grayscale’s parent company Digital Currency Group (DGC), will give his chair to DCG’s chief financial officer (CFO) Mark Shifke, according to a new filing with the U.S. Securities and Exchange […]
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The U.S. Securities and Exchange Commission (SEC) is reportedly asking firms that have bid to create Bitcoin (BTC) exchange-traded funds (ETFs) to complete last-minute corrections before the start of 2024. According to a new report by Reuters, anonymous sources familiar with the matter say the regulatory agency met with representatives of companies that applied to […]
The post U.S. SEC Asks Firms Applying for Spot Bitcoin ETFs To Complete Last-Minute Corrections Before New Year: Report appeared first on The Daily Hodl.
A new poll by crypto asset manager Grayscale finds that 40% of American investors anticipate adding digital assets to their investment portfolios in the future. In a survey titled “2024 Election: The Role of Crypto,” Grayscale found that the collapse of crypto exchange FTX had hindered the growth of the digital assets industry, but the trend […]
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