Approximately half of the Bitcoins overseen by Grayscale Bitcoin Trust have been reduced since its transformation into a regular exchange-traded fund (ETF). Grayscale’s Bitcoin Trust (GBTC), which is different from offerings by companies like BlackRock and Fidelity, started trading on the New York Stock Exchange with around 619,220 Bitcoins in January. However, as of April … Read more
In Q1 2024, the South Korean Won emerged as the most frequently traded fiat currency versus digital assets, surpassing the US Dollar with approximately $456 billion in trading volume on centralized exchanges, signaling a significant change in the global cryptocurrency market trends based on Kaiko’s latest research. 📊Competition on Korean markets is heating up. In … Read more
In the last 24 hours, the value of the BRC-20 token PUPS decreased by approximately 40%, leaving it with a market capitalization of $348 million. Although there’s been a significant drop in prices recently, trading volume stays robust at $42.2 million daily, representing a 6.10% decline compared to the previous day based on CoinGecko’s statistics. … Read more
Binance.US appointed Martin Grant, who previously held the position of Chief Compliance and Ethics Officer at the New York Federal branch, to join their Board of Directors. Grant, who currently leads regulatory affairs at JST Digital, brings his 30 years of experience in finance and digital assets to Binance.US. After the crypto company’s regulatory issue … Read more
The Runes Protocol is creating buzz due to its role as a fresh fungible token standard for Bitcoin. According to a recent analysis from Delphi Digital, this innovative approach has the power to disrupt the current token scene, potentially surpassing the popularity of BRC-20s. Runes Protocol: A New Fungible Token Standard Casey Rodarmor, the creator … Read more