Grayscale Bitcoin Trust Reports 41% Meltdown
On Wednesday, the GBTC recorded its largest discount ever – 41% – which represented a price per share of $8.76 at the close of markets. Price began to sag and, as of this writing, had dropped 21% in five days. The Grayscale Bitcoin Trust, the largest institutional Bitcoin fund in the world, is one of […]
Binance Adds $1 Billion To SAFU Fund
Binance CEO CZ rushed to Twitter to reassure users that the crypto exchange’s insurance funds had been topped off at $1 billion. Binance CEO Changpeng “CZ” Zhao guaranteed his community of assurance of sufficient cash backing the network even as the liquidity crisis and acquisition of cryptocurrency exchange FTX continue. On the basis of “recent […]
21Shares Lists AAVE, Decentraland, FTX ETPs on Euronext Paris and Amsterdam
21Shares, a Swiss-based crypto exchange-traded product (ETP) issuer, announced the launching of three new digital asset-oriented ETPs – Decentraland, AAVE, and FTX Token – on Euronext exchanges in Paris and Amsterdam. Users to have more access to the listed assets The exchange-traded vehicles will allow market participants to have exposure to the three assets without […]