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Grayscale Fund Touts ETF Conversion as Price Discount Issue Solution


Grayscale, one of the largest cryptocurrency fund managers, has declared it is trying to morph the bitcoin trust GBTC into an exchange-traded fund (ETF) to solve its price woes. The exchange rate is now at a 20% price discount compared to its bitcoin holdings, a fact that has many worried about...

South Korean Police Officers Banned From Buying Cryptocurrency


A recent ban imposed by the South Korean National Police Agency will bar particular officers from purchasing additional cryptocurrencies. The announcement coincides with a report revealing a heightened domestic availability of digital coins, in comparison to the global marketplace. South Korea...

Tesla’s Bitcoin Stash Now Worth $2.5 Billion, SEC Filing Shows


Tesla’s quarterly filing with the U.S. Securities and Exchange Commission (SEC) shows that the company’s bitcoins are now worth $2.48 billion, a substantial increase from the initial investment of $1.5 billion. This is also after the electric car company sold some bitcoins...

Tales Of Arise Out September 10, Coming To Next-Gen Consoles Too


Tales of Arise, the next game in Bandai Namco’s long-running spikey-haired angst series, will come out on September 10, according to the game’s official Twitter account. Previously announced for PC and last-gen consoles, the action-RPG will also come to PlayStation 5 and Xbox Series X/S.Read more

PINT to Tokenize Exposure to the Top Polkadot Initiatives


As the launch date for parachains nears, a new initiative is constructing a decentralized finance (defi) index token that tracks Polkadot projects aimed at helping investors diversify their holdings through a single instrument. Six Projects Provide Soft Commitments to Join Polkadot Index Network...

Ukrainian MPs Want to Jail People Who Don’t Disclose Crypto Holdings


The Ukrainian parliament has voted in favor of a bill that proposes to hit people hiding large crypto holdings with lengthy jail terms. Per an official document from the Verkhovna Rada, the nation’s parliament, the bill passed with a majority of 283 votes, but will now return to the committee stage...

Novogratz’s Galaxy Digital Jumps Into the Bitcoin ETF Fray


The investment company Galaxy Digital Holdings has revealed it is joining the growing list of firms looking to sponsor a bitcoin exchange-traded fund (ETF). Novogratz’s crypto firm applied with the U.S. Securities Exchange Commission (SEC) on Monday to launch a product called...

Cypherpunk Holdings Acquires Additional Bitcoins


Disclaimer: The text below is a press release that was not written by Cryptonews.com. Toronto, Ontario - Cypherpunk Holdings Inc. (CSE: HODL) (OTC Pink: KHRIF) (the "Company"), a sector leader for privacy-technology investments, is pleased to announce that it has purchased 68.16 bitcoins...

Spanish Tax Authority Issues 14,800 Warning Letters to Cryptocurrency Holders


Spanish authorities are enforcing their tough stance on the cryptocurrency industry, and the national tax agency seems to be taking it very seriously. Now, the Hacienda issued 14,800 warning letters to Spaniards under their watch for allegedly having failed or need to declare crypto holdings. Fines...

Report Claims Ukrainian Officials Hold Over $2.6 Billion in Bitcoin


The latest declarations from Ukrainian public officials revealed a billion-dollar amount of money they allegedly own in bitcoin. An online incentive gathered data from 791,872 state employees and 652 respondents disclosed their crypto holdings. The Biggest Crypto Holder in the Report Has 18,000...

MicroStrategy Invested $15M in BTC to Increase its Holdings


MicroStrategy, a business analytics company, recently announced that they have acquired an additional 253 BTC with $15 million to increase their overall Bitcoins holdings to 91,579 BTC as of April 5, 2021. This implies that MicroStrategy has purchased each Bitcoin for $59,339 and has invested...

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