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Tag Archives: Grayscale

ETH Price Close to $2,400, Ethereum’s Dencun Upgrade Live on Holesky Testnet with Mainnet Implementation Expected in March

CoinspeakerETH Price Close to $2,400, Ethereum’s Dencun Upgrade Live on Holesky Testnet with Mainnet Implementation Expected in March After launching on the Goerli and Sepolia testnets, the Ethereum Dencun upgrade is now live on Holesky in anticipation of a mainnent launch. ETH Price Close to $2,400, Ethereum’s Dencun Upgrade Live on Holesky Testnet with Mainnet Implementation Expected in March

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Bitcoin ETF Issuers Launch Google Marketing Campaigns Following Rule Changes on Acceptable Ads

CoinspeakerBitcoin ETF Issuers Launch Google Marketing Campaigns Following Rule Changes on Acceptable Ads BlackRock, Grayscale, Invesco, and several others now have Bitcoin ETF ads running on Google after rule changes took effect last week. Bitcoin ETF Issuers Launch Google Marketing Campaigns Following Rule Changes on Acceptable Ads

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Genesis Global Capital Seeks Approval for $1.4B GBTC Liquidation in Bankruptcy Court

Genesis Global Capital has formally requested authorization from the U.S. Bankruptcy Court for the Southern District of New York to proceed with an extensive sale of its holdings. The crypto lender, currently undergoing bankruptcy proceedings, submitted the new motion seeking approval to sell trust assets valued at approximately $1.6 billion. Genesis Seeks Court Approval for Liquidation As per a court filing on February 2, the trust assets comprise approximately $1.4 billion...

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Bitcoin Pushes Above $42K as Grayscale Outflows Slow

According to CC15Capital, which has been trading spot ETF Bitcoin holdings, around 134,000 BTC has been bought by the nine newly launched funds since Jan. 11. Meanwhile, Bitcoin’s price is pushing above $42K. This stash is currently valued at around $5.6 billion. However, the figure does not include outflows from Grayscale. GBTC holders have been dumping shares and rebalancing their portfolios to funds that have lower fees and better yields, adding selling pressure to spot...

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What Needs to Happen for Bitcoin to Mark a Local Bottom? CryptoQuant Reports

Analysts at market intelligence platform CryptoQuant have revealed that BTC’s price bottoming signal can not be triggered until unrealized profit margins for short-term holders reach -10%. According to the CryptoQuant Institutional Insights weekly crypto report, short-term holders’ profit margins have approached zero, and this has caused ease in selling pressure. However, the leading digital asset is yet to call a price bottom. BTC Falls Below $40K Earlier this week, BTC fell...

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