Grayscale is seeking approval from the SEC to introduce the Grayscale Bitcoin Mini Trust, seeded by a percentage of GBTC shares. The Grayscale Bitcoin Mini Trust (BTC) will have lower fees and moving over from GBTC will not trigger a capital gains tax event. The fees, which are not being disclosed at this time, will […]
The U.S. Consumer Price Index rose faster than expected last month, with the year-over-year pace up to 3.2% versus estimates for 3.1% and January’s 3.1%, the government reported Tuesday morning. The core rate – which strips out Read More
Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, has announced the launch of its currency on Celo, an EVM-compatible blockchain. Paolo Ardoino, CEO of Tether, stated that this Read More
This week, as of March 9, 2024, the cumulative value held in decentralized finance (defi) platforms exceeded $100 billion for the first time since the downfall of Terra in May 2022. In the past 30 days, the leading three defi Read More
The Economic Intelligence Unit has stated that the Central Bank of Nigeria cannot halt the rapid depreciation of the local currency. The continued volatility of the naira is expected to result in erratic regulation, primarily Read More
While the traditional gaming industry’s free-to-play model is largely credited for its past and projected success, on the downside this model only prioritizes building games that “optimize for addiction and profit maximisation” rather than “Read More
Tim Draper, a venture capitalist famous for his bitcoin price predictions, has praised El Salvador’s vision of embracing this new technology and talked about the benefits of this decision for its people. According to Read More
Anatoly Yakovenko, co-founder of Solana Labs, believes that crypto can have a shot at disrupting Google’s and Apple’s app store duopoly. He criticized the state of the software distribution on mobile devices, lamenting Read More
The chief executive of JPMorgan Chase, Jamie Dimon, has doubled down on his anti-crypto stance, declaring that he will never personally buy bitcoin. His investment bank, however, is an authorized participant for Blackrock’s spot Read More
MetaMask is testing a Mastercard payment card, which it says is the first entirely on-chain card. Issued by Baanx, the card will let users spend crypto “on everyday purchases, everywhere cards are accepted,” according to Read More
