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Grayscale’s Bitcoin Trust Discount to NAV Narrows Sharply to a 16.59% Gap

13.10.2023
Grayscale’s Bitcoin Trust, known as GBTC, has witnessed a significant shift in its market dynamics. In January 2023, GBTC traded at a significant 48.31% discount to its net asset value (NAV). Today, that gap has narrowed to 16.59%, indicating changes in market sentiment and presenting...

U.S. House Speaker Drama Could Threaten to Unravel Crypto's 2023 Chances

13.10.2023
Republicans in the U.S. House of Representatives are sprinting toward the worst case scenario in their scramble for a new speaker of the House, and their infighting could worsen the prospects for crypto legislation this year

Landmark Ruling: Chinese Court Rejects Crypto Lending Again

13.10.2023
Crypto lending activity still falls outside the purview of China’s legal system, ruled a Chinese court in the second ruling of the nation’s kind on Tuesday. Per a press release from the Nanchang People’s Court, lending out virtual currency and requesting a return “is not within the scope of civil...

French Regulator Concludes DeFi Public Consultations, Views Ecosystem as “Disintermediated”

13.10.2023
The Autorité de Contrôle Prudentiel et de Résolution (ACPR), a body within the French Central Bank published a summary of the public consultation it held on decentralized finance (DeFi). The document released on Oct 12, outlines a key path toward regulations in the sector to address the risky...

Biggest Movers: DOGE Rallies, After Bouncing From Key Support Point

13.10.2023
Dogecoin was a notable mover on Friday, as the meme coin rebounded from a key support point. The move came after two consecutive days of declines, pushing price near a two-month low. Solana also ended a losing streak in today’s session. Dogecoin (DOGE) Dogecoin (DOGE) rose higher in today’s...

SEC Deadline on Grayscale's Bitcoin ETF Dispute Approaching at Midnight

13.10.2023
The SEC has hours left to seek an appeal of the court order to erase the agency’s rejection of Grayscale’s trust-to-ETF conversion application

THORSwap, Used by FTX Exploiter, Resumes Trading After Updating Terms to Exclude U.S.-Sanctioned Countries

13.10.2023
THORSwap, the exchange that paused its platform last Friday following a series of trades related to the FTX hack, resumed its services on Friday with updated terms and conditions relating to users in sanctioned countries

'Brands are Eager to Tap into Emerging, Affluent, and Cool Crypto Market', Says Boson Protocol Co-Founder Justin Banon

13.10.2023
Talking with Cryptonews, Justin Banon, Co-Founder of Web3’s decentralized commerce layer Boson Protocol, discussed why legacy brands dress up Web2 into Web3, and how the next bull run will separate ‘fake’ from ‘real’ Web3 solutions.... Read More: 'Brands are Eager to Tap into Emerging, Affluent...

Is It Too Late to Buy THORChain? RUNE Price Spikes Up 12% as Telegram Crypto Casino Project Approaches $1 Million – How to Buy Early?

13.10.2023
Following a dramatic trading pause on ThorSwap, native token Thorchain ($RUNE) has exploded +12%, this comes amid heightened efforts across the crypto industry to tighten security around illicit funds following the break-out of major violence between Hamas and Israel. Trading has resumed following...