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The regulator has asked Grayscale to withdraw its application for a Filecoin Trust product, saying its underlying asset “meets the definition of a security.” Go to Source Powered by WPeMatico
BTC price falls below the 55-day support level at $27,000, but futures market resilience sparks hope for a recovery toward $28,000. Go to Source Powered by WPeMatico
Metalpha has secured $20 million out of the planned $100 million for its new fund from overseas Chinese investors, the CEO said. Go to Source Powered by WPeMatico
Almost half of surveyed fund managers plan to “add” crypto ETFs to their portfolio in 2023, while only a quarter will be increasing digital asset exposures. Go to Source Powered by WPeMatico
As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020. Glassnode’s on-chain data reveals that on March 9, about 9,860 bitcoins worth roughly $269 million … Read more
Grayscale will take 180 days at max to decide whether, when and in what manner to sell ETHPoW on behalf of the record date shareholders. Go to Source Powered by WPeMatico
Negative headlines surrounding Silvergate dragged Bitcoin’s price below $20,000. Meanwhile, bankrupt Alameda is planning to sue Grayscale and its parent company DCG. Go to Source Powered by WPeMatico
A panel of three judges heard the sides’ arguments and posed significantly more questions about the SEC’s stance, leading to speculation about their leaning. Go to Source Powered by WPeMatico
The FTX Debtors want to “unlock” $9 billion in share value and management fees that they dispute through the Delaware Court of Chancery. Go to Source Powered by WPeMatico
The value of digital assets under management (AUM) for digital asset investment products in February rose to $28.3 billion, the highest number recorded since May 2022, according to Cryptocompare stats. The increase came against the background of rising U.S. Securities and Exchange Commission (SEC) enforcement actions against crypto industry players. Bitcoin and ethereum continue to … Read more