Search results for "grayscale"

Metaverse will be a Trillion-dollar Market in Future: Grayscale
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Metaverse will be a Trillion-dollar Market in Future: Grayscale

Cryptocurrency investment giant Grayscale released a report on Thursday stating that by 2025, the revenue of the virtual gaming world may grow to $400 billion.

SEC Chair Gensler Open to Lawful Revival of FTX
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SEC Chair Gensler Open to Lawful Revival of FTX

SEC Chair Gary Gensler emphasizes regulatory standards as FTX considers legal and compliant return, following founder Sam Bankman-Fried's conviction, marking a pivotal moment in crypto regulation.

Crypto Market Cap Soars Above $2 Trillion
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Crypto Market Cap Soars Above $2 Trillion

Bitcoin's dominance in the crypto market is reducing, giving room for altcoins to chart their own growth path.

Grayscale CEO Calls on SEC to Protect Investors
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Grayscale CEO Calls on SEC to Protect Investors

Grayscale Investments’ CEO Michael Sonnenshein has called on the United States Securities and Exchange Commission (SEC) to protect Grayscale investors by returning the true asset value to them. Sonnenshein stated in a recent interview that the SEC acted arbitrarily by denying approval for the Grayscale Bitcoin Trust (GBTC) to be a spot Bitcoin exchange-traded fund (ETF) in June 2022, while approving Bitcoin Futures ETFs. He explained that the SEC violated the administrative procedures act, and that Grayscale is suing the SEC over the denial of its initial application. Grayscale has over a million investor accounts, and Sonnenshein called on the SEC to protect investors and return the value to them.

GBTC Litigation: Fir Tree and Grayscale Reach Agreement
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GBTC Litigation: Fir Tree and Grayscale Reach Agreement

Fir Tree Partners, a significant shareholder of the Grayscale Bitcoin Trust (GBTC), and Grayscale Investments have reached an agreement resolving a lawsuit filed by Fir Tree in December 2022. The litigation sought documents and information from Grayscale about potential mismanagement and conflicts of interest at GBTC.

Grayscale Investments Files Claim over Ethereum Proof of Work Token after the Merge
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Grayscale Investments Files Claim over Ethereum Proof of Work Token after the Merge

Grayscale Investments, a leading investment partner for digital currencies is set to distribute Ethereum Proof of Work (ETHPoW)

ETH Price Set to Rally as Institutional Capital Flows into Ethereum
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ETH Price Set to Rally as Institutional Capital Flows into Ethereum

Ether price rallied after GME Ethereum futures contracts launched, posting a new all-time high of $1,780. As institutional money flows in, will Ether's price continue to rally?

Rothschild Investment Corp Acquires Over 250M Shares in Grayscale ETH Trust
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Rothschild Investment Corp Acquires Over 250M Shares in Grayscale ETH Trust

The Rothschild Investment Corp has revealed that it has taken up a new crypto position by purchasing 265,302 shares of Grayscale Ethereum Trust.

Why Grayscale's SEC Victory Is Unlikely to Benefit Bitcoin and Crypto Markets in the Long Run
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Why Grayscale's SEC Victory Is Unlikely to Benefit Bitcoin and Crypto Markets in the Long Run

The US Court of Appeals ruled in favor of Grayscale Investments, ordering the SEC to review its Bitcoin ETF application. This decision has boosted Bitcoin prices but may not provide long-term benefits due to inconsistent market reactions and declining trading volumes.

Grayscale Wants SEC's Approval for Bitcoin ETF With Public Support
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Grayscale Wants SEC's Approval for Bitcoin ETF With Public Support

Digital assets manager Grayscale Investments is stirring the public to send a message to the US Securities and Exchange Commission with respect to approving the conversion of its flagship product, the Grayscale Bitcoin Trust (GBTC) to a full-fledged spot Bitcoin Exchange Traded Fund (ETF).

Digital Currency Group Sells Shares in Subsidiary's Crypto Funds
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Digital Currency Group Sells Shares in Subsidiary's Crypto Funds

As the crypto empire struggles, Barry Silbert's Digital Currency Group has divested interests in Grayscale Investments funds.

SEC Delays Decision on Ether ETFs to May 2024, Impacting Key Proposals
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SEC Delays Decision on Ether ETFs to May 2024, Impacting Key Proposals

The SEC has postponed its decision on several Ether ETFs, including Hashdex Nasdaq Ethereum ETF and Grayscale Ethereum Futures ETF, affecting the future of Ethereum-based financial products.