Grayscale Bitcoin Trust Surpasses Nvidia with 220% Yearly Gain

Contrarian investors who decided to purchase shares in Grayscale Investment’s Bitcoin Trust (GBTC) in early January, a period of pessimism in both the cryptocurrency and crypto-related markets, have been handsomely rewarded. GBTC shares have surged by 220% to $26.79 this year, as reported by the charting platform TradingView. In comparison, Nvidia Corp (NVDA), the top-performing…

Grayscale

Ripple Enhances Cross-Border Crypto Payments with Uphold Partnership.

Recently Ripple (XRP) has been making the news headlines regularly with a series of updates regarding their case with the Securities and Exchange Commission (SEC). They have made the headlines once again, although this time for a different reason.  Ripple Enhances Cross-Border Crypto Payments with Uphold Partnership. In a strategic move to bolster its cross-border…

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The Rise of Cryptocurrency: Bitcoin ETF Leads the Charge

Bitcoin Bitcoin is arguably the 1st cryptocurrency asset to be created using blockchain technology, it’s also the cryptocurrency with the highest Market Cap currently on the cryptocurrency market. It can also be called the pace setters coin, as its sudden but stable rise from obscurity to utility has earned the bleak and uncertain-looking digital assets market…

cryptocurrency, bitcoin

Coinbase Gears Up for Ultimate Attempt to Swiftly Dismiss SEC Allegations

Coinbase Attempts to Swiftly Dismiss SEC Allegations   SEC Allegations have been on the news through out the previous week. Here is what Coinbase has with regards to the SECURITY AND EXCHANGE COMMISION (SEC) Coinbase faces a Tuesday deadline to respond to the Securities and Exchange Commission’s (SEC) counterarguments challenging the company’s motion to dismiss…

GARY

Worldcoin’s Paradigm Shift: Orb Operators to Receive WLD Instead of USDC

Worldcoin’s Paradigm Shift Exciting news from the Worldcoin Foundation! They’ve just revealed a groundbreaking shift in their payment system for orb operators. These skilled individuals play a crucial role in enrolling new participants into the Worldcoin network by scanning their eyes. What’s the game-changing update? Instead of receiving traditional USDC stablecoins, these operators will soon…

world coin 2

6 Individuals Facing Allegations in $30 Million Illicit Money Transmission Case

FBI has charged 6 Individuals for Operating a $30 Million Cryptocurrency-Based Money Transmission Business. According to court documents filed on Wednesday in the Southern District of New York, the FBI has charged six individuals with running an illicit money-transmitting operation valued at $30 Million using cryptocurrencies. The filing asserts that the accused were fully aware…

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FinCEN Cracks Down on Crypto Mixers for Money Laundering and Security Risks

FinCEN Focuses on Crypto Mixers Due to Money Laundering and National Security Worries In its latest update, FinCEN’s goal is to mandate financial institutions to report transactions involving international CVC mixing services, which the agency identifies as an “acute money laundering and national security risk.” Notable bitcoin (BTC) and Ethereum (ETH) mixing services using Coin join…

FinCEN Targets Crypto Mixers Over Laundering and National Security Concerns

SEC Continues Evaluation of Bitcoin ETF Proposals While Grayscale Lawsuit Persists

Evaluation of Bitcoin ETF Proposals Continues The U.S. Securities and Exchange Commission (SEC) is currently in the Evaluation of Bitcoin ETF Proposals, as confirmed by SEC Chairman Gary Gensler. Discussions with companies seeking approval for spot Bitcoin ETFs are ongoing. During an interview with Bloomberg reporter Kailey Leinz, Gensler acknowledged concerns related to the Grayscale…

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Deceleration in Coinbase Trading Volume Amid Ongoing Crypto Winter

Berenberg Observes a Deceleration in Coinbase Trading Volume Amid Ongoing Crypto Winter In the third quarter, Coinbase’s trading volumes in the United States appear to have declined more than initially anticipated, according to a research report from investment bank Berenberg released on Tuesday. The report from Berenberg, citing information from The Block, states that Coinbase’s…

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