BREAKING: Nasdaq listing hints that the SEC may soon approve ETF application from Valkyrie

Vice president of listing qualifications Eun Ah Choi said Nasdaq had certified Valkyrie’s Bitcoin ETF shares for listing on the exchange. The US Securities and Exchange Commission, or SEC, may soon approve an application from crypto asset manager Valkyrie for a Bitcoin Strategy exchange-traded fund, with the shares to be listed on the Nasdaq Stock Market.According to an Oct.

Bitcoin ETF approval 'pretty much a done deal' after SEC shares guidelines

The anticipation around the approval of a Bitcoin ETF in the United States has been gaining momentum over the past few weeks. In fact, earlier today, the investor education handle of the US SecuriThe post Bitcoin ETF approval 'pretty much a done deal' after SEC shares guidelines appeared first on AMBCrypto.

ASIC targets pump and dump Telegram groups

“Coordinated pumping of shares for profits can be illegal.

Bitcoin miner Stronghold will list almost 6M shares in its $100M IPO

The firm uses a sustainable energy source by converting waste coal into power to mine Bitcoin.

Bitcoin Has Already Effectively Replaced Gold, According to Billionaire Investor Chamath Palihapitiya

Billionaire investor and former Facebook executive Chamath Palihapitiya says that Bitcoin (BTC) has already effectively replaced gold as a store of value.  In a new CNBC interview, the founder and CEO of Social Capital shares why he believes the market share of the flagship cryptocurrency will continue to grow.

Building a better stock market: Tokenized shares bridge trading gap on blockchain

Blockchain tech allows for the creation of a community-governed system that is fundamentally incompatible with traditional finance. The dramatic short squeeze of the stock of video game retailer GameStop this January was the moment when r/WallStreetBets finally transformed from a humble Reddit forum into a financial force that can no longer be ignored.

Salvadoran President Shares Video of Volcano-Powered Bitcoin Mining Facility

On Tuesday, Salvadoran president Nayib Bukele shared a video of a bitcoin mine operating adjacent to a volcano.

Twitter Shares Sneak Peek of Its Ethereum NFT Verification

The "experiment" features a mockup of Ethereum-based wallet MetaMask.

Morgan Stanley Investment Fund Increases Exposure to Grayscale Bitcoin Trust by 100%

A Morgan Stanley investment fund is doubling the number of Grayscale Bitcoin Trust (GBTC) shares it holds.

El Salvador President Shares Images of What Seems To Be Its Volcano-Powered Bitcoin Mining Facility

Nayib Bukele shared a video showing what could be El Salvador's first public Bitcoin mining facility powered with electricity obtained from its volcanoes.

Morgan Stanley Bags Over 58,000 GBTC Shares As Bitcoin Price Shakes

As Bitcoin and other cryptos gain more credence, many top shots in diverse industries embrace the crypto community.

Morgan Stanley Sees Crypto-Focused Bank Silvergate Shares Gain Up To 52% Rise on Positive Business Update

Morgan Stanley believes that the shares of crypto-focused bank Silvergate bank are underrated and gives a fresh valuation of the stocks owned by Silvergate.

Morgan Stanley doubles Bitcoin exposure through Grayscale buying spree

One of the United States' largest investment banks, Morgan Stanley, has reportedly doubled its ownership of Grayscale Bitcoin Trust (GBTC) shares since April this year. In its latest filing with thThe post Morgan Stanley doubles Bitcoin exposure through Grayscale buying spree appeared first on AMBCrypto.

Morgan Stanley Increases Bitcoin Exposure: Buys Over 58,000 GBTC Shares More

Morgan Stanley continues to accumulate bitcoin through Grayscale's BTC trust according to a recent SEC filing.

Morgan Stanley doubles exposure to Bitcoin through Grayscale shares

The investment firm has increased its shares of GBTC by more than 105% since April. Major US investment bank Morgan Stanley has more than doubled its shares of Grayscale Bitcoin Trust since April.According to a report from the US Securities and Exchange Commission, or SEC, filed Sept.

Cathie Wood’s Ark Invest Purchases Twitter Shares Worth $55.34 Million

Ark Invest’s Cathie Wood is doubling down on her Twitter bet, buying more shares of the popular social media giant following Bitcoin tipping rollout on the social network platform.

Cathie Wood’s Ark Invest Buys $89M Worth of TWTR After the Bitcoin Tips Integration

Ark Investment, spearheaded by Cathie Wood, has purchased $89M worth of Twitter shares after the platform announced BTC tips.

XRP Has Great Risk-Reward Ratio, With 10x Price Rise Likely: Macro Guru Raoul Pal

Raoul Pal is saying that global payments asset XRP has a great risk-reward ratio despite a lawsuit filed by the US Securities and Exchange Commission (SEC).  In a new interview on Savvy Finance, the CEO of Real Vision and Global Macro Investor shares why he remains bullish on the crypto asset.

Do Bitcoin's 'Kenny from South Park' comparisons really hold water

If given an option to choose between investing in Bitcoin and buying Tesla shares, many outside the crypto-community would choose the latter.

How the Wider World of Investment Opportunities Received a Boost in the Wake of the Robinhood Fiasco

When Reddit users coordinated themselves to use their Robinhood accounts to buy GameStop shares en masse, the short squeeze they created sent shockwaves through Wall Street.

Top Performing Cryptocurrencies to Watch This Week: BTC, ADA, SOL, XTZ, DOT, and ATOM

Besides Bitcoin, popular crypto analyst Michaël van de Poppe shares where he sees some of the biggest opportunities in altcoins this week.

Swiss SIX Receives Regulatory Approval to Launch Digital Token Exchange

Switzerland’s SIX Digital Exchange (SDX) is launching its digital asset market that is open to firms seeking to list their securities for traders and inverts to acquire shares of the underlying companies.

Coinbase Stock Plunges Following SEC Lawsuit Threats

Shares of Coinbase have fallen by more than 11% after the SEC threatened to sue the American cryptocurrency exchange.

ARK Invest’s Bitcoin Exposure Swells to Staggering 8,659,237 Shares Worth $338,000,000

Investment management firm ARK Invest has racked up more than a quarter of a billion dollars worth of exposure to Bitcoin.

Fractional Shares in Doge NFT Hit $300 Million Valuation

$45.1 million-worth of tokens of the Dogecoin NFT were snapped up in an auction, bringing the collection's value above $302 million.

Fractionalizing the Doge NFT, Cryptopunk 543 Gets Chopped and Sold for $1 per Share

This week a project called Pleasrdao announced that a notable Doge non-fungible token (NFT) that sold in June 2021 for 1,696.9 ether or over $3.6 million at the time of sale, will be fractionalized.

Salvadorans Protest President Bukele’s Bitcoin Project

El Salvador will soon accept Bitcoin as legal tender, but not everybody shares the President’s enthusiasm as citizens took to the streets this week.

US Banking Giant Morgan Stanley Buys Over $250,000,000 Worth of Grayscale Bitcoin Trust Shares

Banking giant Morgan Stanley has made a nine-figure investment in the digital currency investment product Grayscale Bitcoin Trust (GBTC).

Jack Dorsey Discusses Square Building a ‘Bitcoin-Native’ Dex Platform, Project Lead Shares Insight

On Friday, the CEO of Twitter and Square, Jack Dorsey talked about the decentralized exchange Square is constructing called “TBD” or the “TBD BTC DEX.” First mentioned in July, Dorsey tweeted that the company has “determined [TBD’s] direction and he also shared a Twitter thread written by Mike Brock, the TBD lead at Square.

Morgan Stanley Buys Up To $40 Million Worth of Grayscale Bitcoin Trust Shares

Morgan Stanley recently bought more shares in Grayscale Bitcoin Trust to expand its allocation in Bitcoin investment.

Morgan Stanley Loads Up on $240 Million in Grayscale Bitcoin Shares

Morgan Stanley's recent purchases would make the investment bank the second-largest holder of Grayscale Bitcoin Trust (GBTC).

Are Coinbase shares an indirect way for institutions to invest in Bitcoin and other cryptos

The flow of institutional investment into the Bitcoin and cryptocurrency industry was a welcome change that marked the previous year.

'Mr. White Hat' shares private key for remaining $141M in stolen Poly Network funds

The Poly Network hacker, or hackers, have returned the final piece of the $610 million they had stolen from the DeFi network nearly two weeks ago. Via a blog post on Monday, Poly Network confirmed The post 'Mr.

Hoskinson shares why 'first-to-market' cannot work out for Cardano

Cardano [ADA] resumed its rally to the top as it marked an all-time high of $2.65.

BlackRock ETFs hold $384 million of shares in Bitcoin mining firms

SEC filings reveal that BlackRock has invested almost $400 million into Riot Blockchain and Marathon Digital Holdings stock. Filings submitted by the $9 trillion multinational investment manager BlackRock reveal the firm has made significant investments in two leading publicly traded Bitcoin mining firms.A June 30 filing submitted to the US Securities and Exchange Commission, unearthed by Forbes, shows that BlackRock owns a 6.71% stake in Marathon Digital Holdings (MARA) and 6.61% of Riot Blockchain (RIOT).

Former SEC Chair Jay Clayton joins Fireblocks advisory board

In his new role, Clayton will aid Fireblocks in navigating the regulatory hurdles for developing and deploying digital asset infrastructure, especially around capital markets. Jay Clayton, the former chair of the United States Securities and Exchange Commission, has accepted an advisory role with blockchain infrastructure provider Fireblocks — marking a significant addition to a company that only recently achieved unicorn status. In joining Fireblocks’ advisory board, Clayton acknowledged that he shares the company’s view that “digital asset custody requires the same level of service as traditional custody while also striving for better regulatory outcomes.” Michael Shaulov, CEO and co-founder of Fireblocks, said Clayton will “help to advance further the safety and security of the Fireblocks infrastructure for capital market participants and investors.”Clayton headed the SEC between 2017 and 2020, where he helped navigate complex and frequently evolving regulatory requirements for the digital asset industry.

Sub-zero interest? GBTC hits biggest discount since May Bitcoin price crash

GBTC will “take time” to restore its balance thanks to changing market forces, analyst Willy Woo says. Bitcoin (BTC) investment vehicle the Grayscale Bitcoin Trust (GBTC) is trading at its biggest discount since the May BTC price crash.Data on Thursday confirms that as BTC/USD trades near $44,000, GBTC shares are over 16.5% below the spot price.Analyst: Grayscale comeback “will take time”Grayscale, which has $42 billion in assets under management across its various cryptocurrency funds, has seen institutional interest endure throughout the recent Bitcoin price dip.Despite some conspicuous buy-ins, however, progress has been slow throughout the period of volatile activity, which saw Bitcoin dip from $64,500 to just $29,000.While the spot price has recovered, GBTC interest has lagged, producing a major discount to net asset value (NAV), which has increased, not decreased, with Bitcoin’s recent gains.This week, the discount even passed its lowest point from July, meaning that it is now at its deepest since the start of May’s price rout.GBTC premium chart.

Facebook’s David Marcus calls for “fair shot” at crypto payments

Marcus shares his honest thoughts on the crypto market, as well as declaring that Novi is ready to launch. In a newly published Medium piece titled "Good stablecoins, a protocol for money, and digital wallets: the formula to fix our broken payment system", Facebook’s crypto pioneer David Marcus shared his views on topics of economic inequality, regulatory challenges and Novi’s proposed stablecoin solution.Marcus has spent the last couple of years building Diem’s crypto wallet Novi – a interoperable digital wallet designed to integrate with the Diem payment system.

The Big Short's Michael Burry takes aim at Cathie Wood’s ARK Innovation ETF

Michael Burry called the subprime mortgage crisis and he's now turned his attention to ARK's flagship Innovation ETF which invests in companies like Tesla and Square as well as GBTC. Michael Burry, the investor made famous by The Big Short movie, has taken out a major short position against Cathie Woods’ ARK Innovation ETFAccording to second-quarter 13f filings, Burry’s hedge fund Scion Asset Management has purchased $31 million worth of bearish put options against 235,000 shares of the ETF.

Four Institutional Investment Managers Get BTC Exposure After Purchasing 250,204 Shares of Grayscale Bitcoin Trust

Four institutional investment firms are gaining exposure to Bitcoin, buying up 250,204 shares of Grayscale’s Bitcoin investment product.

Does Jack Dorsey Support Voluntaryism? Twitter CEO Shares Murray Rothbard’s Book ‘Anatomy of the State’

Ever since the CEO of Twitter and Square, Jack Dorsey, started appreciating the crypto asset bitcoin, crypto enthusiasts have been following his coattails.

Intel Discloses Holding Coinbase Stake in Filing With SEC

Computer chip manufacturer Intel Corp.

Surprising Investor: Intel Now Owns Coinbase Shares

The computer chip producer Intel has entered the cryptocurrency space through a relatively small stake in Coinbase.

Reports suggest that a mainstream tech giant holds shares of Coinbase stock

End of Q2 holdings for Intel showed a small stack of COIN shares, valuing between $500,000 and $1,000,000 at time of publication.

Happy 21st crypto ETF filed for 2021 with Kryptoin’s ‘Ethereum ETF Trust’

The Kryptoin Ethereum ETF Trust plans to issue its common shares on the Chicago Board Options Exchange’s (Cboe) BZX, and will value them based on the CF Ether-Dollar US settlement price.

Robinhood stock outruns Bitcoin in intraday crash, down over 10% in pre-market

The decline followed Robinhood Market’s announcement that it would sell up to 98 million Class A shares over time. The cost to purchase one Robinhood share (HOOD) dropped massively in the pre-market session on Thursday, beating even so-called volatile cryptocurrencies like Bitcoin in terms of intraday losses.In detail, HOOD was down 10.2% to $63.25 as of 8:00 am EDT compared to its $85 high in the previous session.

Echoing GameStop saga, retail traders fuel Robinhood stock price hike

After a decidedly lackluster IPO debut last week, Robinhood shares have been wildly volatile in recent days, at one point skyrocketing by as much as 81% on the day.

Fidelity purchases 7.4% stake in Marathon Digital Holdings for $20M

The shares have been spread across four of Fidelity’s index-based funds. Multinational financial services firm, Fidelity Investments, has announced the purchase of a 7.4% stake of major North American mining company, Marathon Digital Holdings.Marathon currently operates 19,000 miners, with a further 100,000 machines slated for deployment over the next 12 months.

NBA Top Shot to Sell NFTs In-Person at Summer League Games

Dapper Labs CEO Roham Gharegozlou shares new details about the crypto collectibles platform’s roadmap ahead.

Voyager Digital acquires crypto payments company Coinify

"As the adoption of cryptocurrency payments gains momentum, the acquisition of Coinify brings a global payment infrastructure to Voyager's digital asset ecosystem," said Voyager co-founder and CEO Stephen Ehrlich. Crypto-asset trading firm Voyager Digital has arranged to purchase payments company Coinify in a deal worth $85 million in cash and stock.In a Monday announcement, Voyager said it would issue 5.1 million shares of its stock — worth roughly $70 million at the time of publication — as well as provide $15 million in cash to Coinify investors.

Square to acquire Australian fintech Afterpay in $29B deal

Square will acquire Australian fintech firm Afterpay in a $29 billion stock deal, expecting to close the transaction in Q1 2022. Jack Dorsey’s cryptocurrency-friendly digital payments firm Square is expanding competition with global payment giants like PayPal by acquiring a major Australian lending company.Square announced Sunday that the firm has entered into a scheme implementation deed to acquire all of the issued shares in fintech company Afterpay in a $29 billion deal.

Central Bank of Ireland Governor Talks Crypto, Praises ‘Secure, Decentralized’ Technology

Gabriel Makhlouf, the governor of the Central Bank of Ireland (CBI), has published a blog post in which he shares his views on the digitalization of finance.

Breaking NFTs to Pieces: These 4 Projects Are Fractionalizing Grimes, Banksy, Cryptopunk NFTs

While non-fungible token (NFT) collectibles have been all the rage, a few projects have been developing the concept of fractionalized NFTs so investors without deep pockets can purchase shares of an expensive collectible.

Cathie Wood’s ARK Invest Snaps Up $45M in Robinhood Stock

ARK Invest has purchased 1,297,615 shares of Robinhood as the online brokerage company debuted on the Nasdaq on Thursday.

Crypto-friendly app Robinhood loses 8% in public Nasdaq debut

Unlike traditional IPOs with a six-month lockup period, Robinhood will allow its employees to sell 15% of its shares immediately after the public debut. Shares of cryptocurrency-friendly trading app Robinhood dropped more than 8% in its public Nasdaq debut on Thursday, marking one of the worst initial public offering (IPO) debuts of its size.Robinhood’s HOOD stock tumbled 8.4% below the IPO price in the company’s first trading session on July 29, dropping from $38 to $34.82.

Robinhood Stock Debuts at $38, Immediately Drops 9% Before Recovering

Robinhood shares are off to a jittery start.

Robinhood Hits $32 Billion Valuation After $2.1 Billion IPO

Shares of the highly popular crypto and stock trading app Robinhood will begin trading on Nasdaq later today.

Weekly roundup: Ark Invest, Edge Wealth Management, and Rothschild Investment accumulate crypto

Cathie Wood's Ark Invest purchased more than 450,000 GBTC shares in two separate buys this week. As the price of Bitcoin returned to more than $32,000 this week, some major firms announced they had increased their exposure to cryptocurrencies through Grayscale’s crypto trusts.According to a Friday filing with the US Securities and Exchange Commission, or SEC, New York-based investment firm Edge Wealth Management currently holds 54,134 shares of Grayscale’s Bitcoin Trust (GBTC), valued at $27.13 at the time of publication, and 25,280 shares of the company’s Ethereum Trust (ETHE).

Cathie Wood’s ARK Invest Adds 450,000 Shares of Grayscale’s Bitcoin Trust

Investment management firm ARK Invest is adding additional exposure to Bitcoin through the Grayscale Bitcoin Trust.

Sam Bankman-Fried: Why I Bought Back Binance's Shares in FTX

FTX bought out Binance's shares in its company, ending their investment relationship.

Cathie Wood’s Ark Invest Sinks Another $10.8 Million Into Grayscale’s Bitcoin Trust

Ark Invest has now bought another $10.8 million worth of shares in Grayscale’s Bitcoin Trust.

Crypto mining firm Argo Blockchain files for US IPO

The company has been publicly traded on the London Stock Exchange since 2018. Argo Blockchain, a UK publicly traded company focused on crypto mining, has begun the process of applying for an initial public offering in the United States.According to a confidential draft registration statement filed Tuesday with the US Securities and Exchange Commission, or SEC, Argo has proposed a dual-listing and initial public offering of American Depositary Shares, expected to occur in the third quarter of 2021.

$1,700,000,000 Investment Firm Bolsters Holdings in Grayscale Bitcoin and Ethereum Trusts

Asset management firm Rothschild Investment Corporation reveals in a filing that it bought tens of thousands of shares of Grayscale’s products in the last quarter.

Bought the Dip? Cathie Wood’s ARK Invest Purchased 450,000 GBTC Shares in Two Days

Cathie Wood's ARK Invest has purchased $13 million worth of GBTC shares and $43 million in COIN stocks in the past two days alone.

ARK Invest Buys Another $10.8M in Grayscale’s Bitcoin Trust

Cathie Wood doubles down on Bitcoin-focused stocks as ARK Invest snaps more shares in Coinbase and Grayscale’s Bitcoin Trust.

Sunday's GBTC unlock held more shares than the remaining events combined

Even if unlocking events were able to directly spark Bitcoin sell-offs, the worst is easily over, data shows. Bitcoin (BTC) is rebounding despite the ongoing Grayscale Bitcoin Trust (GBTC) unlocking events — and most shares are already released.According to data from tracking resource Bybt, the remaining unlockings combined involve fewer shares than those which were released on just one day last weekend.Putting an end to GBTC "FUD"July 18 saw around 16,240 BTC worth of GBTC shares end their six-month lock-up period.

Rothschild Investment Corp has increased its Bitcoin exposure by 300% since April

Rothschild Investment Corp has bought more Bitcoin and Ethereum exposure via Grayscale despite the ongoing crypto market retreat. Billion-dollar investment firm Rothschild Investment Corp quadrupled its exposure to Bitcoin (BTC) since April, new records show.In a filing with the United States' Securities and Exchange Commission (SEC) on July 17, Rothschild confirmed that it now owns 141,405 shares of the Grayscale Bitcoin Trust (GBTC). Rothschild GBTC shares near 150,000A quiet but nonetheless substantial player among institutions, Rothchild Investment Corp has also invested in Grayscale's Ether (ETH) equivalent, the Grayscale Ethereum Trust.Its exposure to Bitcoin has increased considerably this year, the filing shows — in April, its GBTC shares totaled 38,346.In BTC terms, with each GBTC share equal to 0.000939767 BTC, Rothschild thus has an equivalent Bitcoin exposure of 132.8 BTC ($3.94 million).The data implies that declining prices have not fazed executives, Bitcoin maintaining a drawdown for three months after hitting its all-time highs of $64,500 in mid May.As Grayscale CEO Michael Sonnenshein noted this week, institutional players are likely taking little notice of short-term price moves, instead concentrating on a much lower-time-preference strategy when it comes to cryptocurrency."Investors in this asset class are really not focused on...

ARK Invest Buys Another $54M in Bitcoin-adjacent Square Stock

Cathie Wood’s Ark Invest has boosted its portfolio with another batch of shares of Square Inc., worth nearly $53.7 million. 

Cathie Wood-led ARK Invest Purchases Another $54M Shares in Square

The Ark investment has placed a strong bet on the US version of the online payment provider Square, which bought another total of about 226,000 shares of the Square (SQ) at a cost of about $54 million.

Bitcoin Struggling Around $31K Following Lowest Weekly Close of 2021 (Market Watch)

Bitcoin has registered its lowest weekly close shortly after GBTC saw the most substantial unlocking of shares worth roughly $500 million.

41,000 Bitcoin Transferred to Coinbase Pro In One Hour: Should You be Worried?

After another week of consolidation for bitcoin, with a drawdown to $31k, investors look to the weekend for a sigh of relief as the GBTC shares unlock continues.

Master-pieces: Swiss bank issuing NFT shares in Picasso painting for $6K each

Swiss digital asset bank Sygnum is issuing NFTs representing fractionalized ownership in a Picasso painting.

Bitcoin Showing Signs of Potential Bounce: Crypto Analytics Firm Santiment

Prominent crypto analytics firm Santiment is revealing some potential signs that Bitcoin may be ready for a bounce up in price after weeks of sideways trading.  Santiment shares two metrics on Twitter with its 77,600 followers that suggest Bitcoin sellers are starting to lose steam.  “The amount of daily inflow of Bitcoin to known exchange […] The post Bitcoin Showing Signs of Potential Bounce: Crypto Analytics Firm Santiment appeared first on The Daily Hodl.

US Financial Giant Capital International Group Acquires 12.2% Equity in MicroStrategy

American financial services provider, Capital International Group, acquires 12.2% of the shares in MicroStrategy, leaping over the third-largest shareholder in the company.

Volatility Drops in Directionless Digital Asset Market – eToro Crypto Roundup

Will sideways trading give way to volatility as Grayscale shares unlock? A summer lull has descended on the digital asset market, as Bitcoin struggles to find clear direction amidst an ample supply of both bullish and bearish headlines.

Australian online broker SelfWealth to offer crypto trading

SelfWealth’s move into crypto investment falls in line with the company’s efforts to shift from a pure share trading platform to a “wealth creation platform.” SelfWealth, a share trading platform listed on the Australian Securities Exchange, is planning to offer cryptocurrency trading as part of its 2021 roadmap.On Monday, SelfWealth officially announced that the company will partner with an “established and secure cryptocurrency exchange” to offer crypto trading on its platform.“This is off the back of research we’ve done, including answers from many of you.

Capital International Buys Nearly 1 Million Shares of Bitcoin-Focused Microstrategy

Major asset management firm Capital International has gained exposure to bitcoin through investing in almost 1 million shares of Microstrategy which now holds more than 100K bitcoins.

Grayscale’s $550 Million GBTC Unlock: Analysts Question The Price Effects on Bitcoin

Grayscale's biggest single-day shares unlocking of 16,240 BTC is almost here.

New York, London, Beijing and 20 Crypto Jokes

Another fun cryptoweek! Circle decided to go public on the New York Stock Exchange, and with crypto market sentiment finally rising, Grayscale Bitcoin Trust's shares were about to be freed for sale bringing a discussion on what it’d mean for BTC price.

Capital International purchased $600M in MicroStrategy stock

MicroStrategy’s stock price rose by more than 1.5% to reach $628.44 at the time of publication, making Capital International’s shares worth roughly $600 million. Financial services company Capital International invested more than half a billion dollars into business intelligence firm MicroStrategy stock.In MicroStrategy’s filings to the US Securities and Exchange Commission, or SEC, for the second quarter of 2021, the firm disclosed Capital International Investors has purchased 953,242 shares of its stock.

Sen. Toomey Called Out Proposed Crypto Rule, Then Bought Bitcoin and Ethereum Shares

He purchased over $1,000 each of Grayscale Ethereum Trust and Grayscale Bitcoin Trust shares.

First Midwest Bank Trust Division increases Grayscale Bitcoin Trust holdings by 283%

A report on the firm's holdings to the SEC for Q2 2021 revealed the bank's trust division had 29,498 shares in Grayscale's Bitcoin Trust, worth more than $880,000. Illinois-based financial services company First Midwest Bank’s trust division has reported it held 29,498 shares of Grayscale’s Bitcoin Trust as of the second quarter of 2021. According to an institutional investment manager holdings report filed by the First Midwest Bank Trust Division to the US Securities and Exchange Commission, the company increased its shares of Grayscale’s Bitcoin (BTC) Trust by more than 283% over that of the first quarter of 2021, from 7,693 shares at the end of March to 29,498 shares in two separate lots on June 30.

Are KuCoin Shares overvalued after KCS price gains 100% in one month?

The 72nd-largest cryptocurrency by market cap reached its two-month high amid a rally across exchange-based digital assets but faces downside risks due to overvaluation and thin volumes. KuCoin (KCS) prices ticked up in the early Wednesday session on July 7, in part because of an ongoing market rally across the top exchange-based utility tokens.The 72nd-largest cryptocurrency peaked for the day at $14.847 before correcting lower on interim profit-taking sentiment.

Confusion Over GBTC Unlocks Might Drive Bitcoin Bears Into a Bullish Ambush

Major US-based crypto investments company Grayscale Investments's Grayscale Bitcoin Trust (GBTC) is about to see its shares unlocked and freed for sale once again, and there is a lot of discussion about what this may mean for the price of bitcoin (BTC): is it bullish or bearish, and whether some investors will enter the market to repay the loans they made to buy the shares in

Is Bitcoin in danger of losing $30K with Grayscale's big GBTC unlocking in two weeks?

Bitcoin prices remain under pressure in the $30,000-$40,000 zone as traders brace for the 16,000 BTC worth of GBTC shares unlocking in July. Whether a potential sell-off of shares tied to a multi-billion dollar Bitcoin (BTC) investment fund could crash the cryptocurrency's spot prices has turned into a hotly debated topic among the analysts in the space.Grayscale's premium remains negative for months The argument concerns Grayscale Bitcoin Trust, the world's largest digital assets manager that allows institutional investors to gain indirect exposure in the Bitcoin market through its product, GBTC.

tZERO to tokenize $18M of stock for the ‘Robinhood of real estate investing’

Around $18 million worth of NYCE’s common shares will be tokenized and supported for secondary trading on tZERO’s security token trading platform. tZERO, an alternative trading system for security tokens, has announced a partnership with real estate crowdfunding company, NYCE Group, to tokenize $18 million worth of the firm’s shares.NYCE’s stock will be tZERO’s first new listing since launching its ASPN pairing in August 2020, representing fractionalized ownership in a Colorado ski resort.Announced June 30, tZERO will support secondary trade for NYCE’s tokenized common shares once the real estate company has completed its upcoming Regulation A+ offering, subject to regulatory approval.NYCE’s shares will be tokenized using tZERO’s proprietary smart contract technology. Philip Michael, CEO and co-founder of NYCE, stated:“Through our partnership with the leader in liquidity for digital securities, tZERO, we are excited to provide investors with liquidity optionality.”The real estate firm was founded by Michael and FC Barcelona soccer player Martin Braithwaite, with media describing the platform as a “Robinhood of real estate investing.”The NYCE app allows retail investors to own fractionalized shares in properties from its $260 million portfolio, describing its mission to create 100,000 high-net-worth millennial stakeholders of color by 2030.NYCE finalized its $1 million Regulation Crowdfunding (Reg CF) offering in October 2020, setting a record for the fastest Reg CF offering to raise seven figures.

Morgan Stanley Fund Holds 28,000 Grayscale Bitcoin Trust Shares

The Europe Opportunity Fund of major US bank Morgan Stanley has exposure to Bitcoin through GBTC shares, an SEC filing has revealed.

Deutsche Börse Group Acquires Major Stake in Swiss Firm Crypto Finance AG

On Tuesday, Deutsche Börse Group, marketplace manager for the trading of shares and other securities, explained the company has acquired a major stake in Crypto Finance AG.

Retire early with crypto? Playing with FIRE

Finance blogger The FI Explorer didnt invest in cryptocurrency in order to retire early but unlike many of the newly minted crypto rich, he did set out to retire early.The FI Explorer, also known as Jason, is part of the FIRE community financial independence, retire early where adherents save up to 80% of their income throughout their 20s and 30s in order to either retire early or simply follow their passions.For most of his 20-year journey toward his FIRE target of $1.64 million (USD) which was chosen to produce $65,000 in annual income for the rest of his life Jason directed his savings toward sensible investments, like exchange-traded funds, shares and gold.

Banking Giant Morgan Stanley Purchases 28,289 Shares of Grayscale Bitcoin Trust

According to the US Securities and Exchange Commission's document, the US leading investment bank Morgan Stanley is buying 28,289 shares of Grayscale Bitcoin Trust through its European Opportunity Fund.

Morgan Stanley equity fund owns 28.2K shares of Grayscale Bitcoin Trust, per SEC

The investment bank reported owning a significant stake in GBTC as of April 30, according to a recent filing with the SEC.

Undeterred: Ark Invest Purchasing 1,046,002 Shares of Grayscale Bitcoin Trust After Crypto Crash

Despite Bitcoin’s big sell-off, New York investment firm Ark Invest is continuing to load up on exposure to the world’s largest digital asset alongside other institutions.  Ark Invest, founded by CEO and CIO Cathie Wood in 2014, has outperformed the market for years now, drawing attention from Wall Street as forward thinkers in traditional finance.

Cathie Wood Bought the Dip: Ark Invest Purchases One Million GBTC Shares

Cathie Wood, the founder of Ark Invest, bought the dip this Tuesday when Bitcoin prices tumbled below $30K.

ARK Invest Bought $29M Shares in Grayscale Bitcoin Trust During Crash

Ark Invest purchased more than 1 million shares of the Grayscale Bitcoin Trust during Tuesday's trading session. 

Swiss-based Digital Assets AG launches tokenized stock offerings on Solana

Tokenized shares of Facebook, Google-parent Alphabet, Netflix, Nvidia, PayPal, Square and Tesla will be available to trade at the launch.

Bitcoin Price Could Reach $25,000 After Grayscale’s Unlock: JPMorgan

The unlocking of GBTC shares could increase the selling pressure and drive BTC's price further south to $25,000, predicted analysts from JPMorgan.

MicroStrategy stock tanks with Bitcoin as S&P 500, Nasdaq rally

MSTR shares declined by as much as 12% on Tuesday as the broader US stock market showed signs of strength.

Grayscale's Parent Company DCG Plans to Purchase $50M Shares of Ethereum Classic Trust

Digital Currency Group (DCG), the parent company of the cryptocurrency asset management company Grayscale, announced the firm will buy Grayscale Ethereum Classic Trust shares with a total value of $50 million.

Grayscale Parent Company to Purchase Ethereum Classic Trust Shares Worth $50 Million

Grayscale plans to buy $50 million worth of shares of the Grayscale Ethereum Classic Trust (ETCG).

Bitfarms’ shares slump on Nasdaq debut amid crypto market pull-back

Bitfarms’ debuting shares have been unable to escape the bearish crypto meta-trend, despite the firm claiming its profits have increased amid the recent drop in Bitcoin hash rate.