Digital Currency Group Plans to Buy $250 Million in Grayscale Bitcoin Trust Shares
Digital Currency Group (DCG) has announced its plan to invest up to $250 million in Grayscale Bitcoin Trust (GBTC). DCG is the parent.
Crypto News
The Crypto News category is your essential resource for all things cryptocurrency. We provide timely updates on market movements, regulatory shifts, and major events impacting a wide range of digital assets.
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Crypto News
JP Morgan Launches Cryptocurrency Exposure Basket for Institutional Investors
JP Morgan plans to offer its clients with indirect exposure to cryptocurrencies with investment into several companies via Crypto Exposure Basket.
Crypto News
Bybit Appoints Daniel Lim as General Counsel Amid UK Operations Suspension
Bybit appoints Daniel Lim as a General Counsel following his exit from United Kingdoms after FCA's retail derivatives trading ban.
Crypto News
Furucombo to Compensate $15 Million Exploit Victims with IOU Tokens
Furucombo will allocate 5 million iouCOMBO tokens to repay all the victims affected by the hack. The tokens will have a 360-day linear-vesting.
Crypto News
Jack Dorsey Auctions First Tweet as NFT, Donates Proceeds to Charity in Bitcoin
Twitter CEO and Co-founder Jack Dorsey will convert the proceeds from the NFT auction of his first-ever tweet from 2006 to Bitcoin to.
Crypto News
CI Global Asset Management Launches Third Bitcoin ETF in Canada with BTCX
Canadian regulators have approved a third Bitcoin ETF which will launch tomorrow. It will present stockholders with direct exposure to Bitcoin value.
Crypto News
India Explores Cryptocurrency Regulation as Government Opens Dialogue with Stakeholders
India's Minister of State for Finance and Corporate Affairs, Anurag Thakur, announces the formulation of High-Level IMC for exploring crypto.
Crypto News
PayPal Acquires Crypto Custody Firm Curv to Strengthen Its Digital Asset Initiatives
The world's biggest online payment processor, PayPal, has formally confirmed that it will acquire Israel-based cryptocurrency custody firm Curv.
Crypto News
Ripple and MoneyGram Officially End Partnership Amid Ongoing SEC Legal Battle
Amidst the ongoing legal battle between Ripple and SEC, MoneyGram and Ripple have decided to terminate their partnership.
Crypto News
Bitcoin Surpasses $50,000 Following U.S. Senate Approval of $1.9 Trillion Stimulus Package
Bitcoin touches $50,000 third time this year as the U.S. Senate passes President Joe Biden's $1.9 trillion COVID-19 stimulus package.