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Grayscale Investments CEO Discusses Bitcoin ETF Conversion Grayscale Investments CEO Michael Sonnenshein recently spoke about the company's plan to convert its flagship bitcoin trust (GBTC) into a spot bitcoin exchange-traded fund (ETF). In an interview with Bloomberg at DC Fintech Week, Sonnenshein mentioned that Grayscale is actively engaging with the U.S. Securities and Exchange Commission […]

The value of bitcoin (BTC) has witnessed an impressive surge of over 38% against the U.S. dollar in the last six months, resulting in a remarkable 125% increase year-to-date. Scaling new heights not seen in 18 months, bitcoin's market capitalization has now reached the eleventh position among global assets, joining the ranks of precious metals,

Hong Kong Open to Allowing Trade of Spot Crypto ETFs Hong Kong is currently exploring the possibility of allowing the trading of spot cryptocurrency exchange-traded funds (ETFs) as long as the risks associated with these instruments are adequately addressed. According to Julia Leung, the CEO of the Hong Kong Securities and Exchange Commission, the city

A Brief History of Monetary Gold Monetary Gold, a leading precious metals dealer, has been facilitating the purchase of silver and gold coins for investment purposes since 2000. What sets this company apart from its competitors is its direct partnership with precious metal dealers, which allows for competitive pricing and easier access to precious metals.

Fidelity's Director Thinks of Bitcoin as 'Exponential Gold' Jurrien Timmer, the director of global macro at financial services giant Fidelity, recently expressed his outlook on bitcoin, referring to it as "exponential gold." In a series of social media posts on platform X, Timmer shared his thoughts on Wednesday, stating: "In my view, bitcoin is a

Self-Directed Gold IRAs are fantastic because they allow you to make investments in gold and other precious metals without needing to deal with any middlemen. In fact, these accounts are so simple , even your grandmother could set it up! If you purchase physical silver, gold platinum, palladium and the rhodium coins, bars rounds, and

Introduction Bitcoin.com, a pioneer in democratizing cryptocurrency access, is excited to announce the upcoming launch of its VERSE token on the Polygon PoS chain. This groundbreaking move follows the Verse community's first-ever direct vote, which showcases Bitcoin.com's commitment to community-driven decision-making and emphasizes the importance of decentralization. Why Choose Polygon? Bitcoin.com's decision to launch on

Introduction Recently, multiple sources have confirmed that Onyx Protocol, a decentralized finance (defi) platform, has fallen victim to a security breach, resulting in a loss of $2.1 million. This incident has raised concerns about the safety and security of defi platforms in the ever-evolving and competitive digital world. The Attack On November 1, 2023, Peckshield's

Elon Musk and Vivek Ramaswamy Discuss World War III Risk Tesla CEO Elon Musk and U.S. presidential candidate Vivek Ramaswamy have expressed concerns about the growing risk of World War III. During a discussion on the social media platform X, Musk stated, "I think we are sleepwalking our way into World War III." Ramaswamy further

Rising Optimism and Inflows According to Coinshares' latest digital asset fund flows report, the digital asset market experienced a significant rush in optimism in October, resulting in $326 million in fund inflows. This marks the largest single-week gain in one and a half years. The report, Volume 155, highlights the rising optimism and a higher