Biggest Bitcoin fund in the world could become ETF by July as GBTC hits $40 billion AUM
Grayscale’s Bitcoin ETF might launch as early as July 2022, according to one of the company’s executives. Grayscale ‘s worldwide head of ETFs, David LaValle, gave a nine-month schedule for clearance by US authorities during a MarketWatch virtual event on Oct. 27. Grayscale: Now’s the time to file for ETF Grayscale, which administers the Grayscale […]
Halloween season is here with over half a billion dollars worth of NFT prank
Although Halloween is only a few days away, the decentralized sphere has already begun its practical jokes. The CryptoPunk 9998 Non-Fungible Token (NFT) of a white-haired, green-eyed pixelated character was purchased exclusively for $532 million. The sum was returned to the bidder’s wallet, albeit with a higher floor price, in the spirit of Halloween , […]
MicroStrategy’s stash now worth $7B after last quarter’s 9000 BTC addition
In Q3, MicroStrategy added about 9,000 Bitcoin to its portfolio, bringing its total BTC holdings to around $7 billion. In its Q3 report on Oct. 28, the company highlighted the purchase of 8,957 BTC , with perma-bull CEO Michael Saylor predicting that there will be more BTC accumulation to come: “Today, MicroStrategy is the world’s […]
Ethereum Altair Upgrade Silently Goes Live
The Ethereum blockchain received its third upgrade in seven months on Wednesday. And, unlike the last two upgrades, this one has gone off without a hitch. Before Ethereum fully moves to a proof-of-stake network, the Altair update was the first (and maybe last) upgrade to the Beacon Chain. The Beacon Chain, which pioneered ETH staking […]
Portugal real estate developer receives payment for luxury homes in Cardano worth $4.7M
Prometheus International, a high-end real estate developer, sold Cardano two luxurious residences on the island of Madeira for €4.1 million ($4.7 million). Madeira is a Portuguese autonomous area made up of four islands located about 430 miles off the northwest coast of Africa. It is a tourism destination for those who enjoy beaches and nature […]