Key Takeaways Osprey Funds is seeking SEC approval to convert its Bitcoin Trust into an ETF. The conversion would provide enhanced liquidity and fee reductions for investors. Share this article Osprey submitted a draft registration statement to the Securities and Exchange Commission to convert its Osprey Bitcoin Trust (OBTC) into an exchange-traded fund, the company…
Key Takeaways Robinhood has added the Pyth Network (PYTH) and Raydium (RAY) tokens to its platform, expanding its offering within the Solana ecosystem. The inclusion of these tokens provides retail investors access to Solana-based infrastructure projects. Share this article Robinhood added Solana-based token Pyth Network (PYTH) to its crypto trading platform as part of its…
Key Takeaways The Wisconsin Investment Board doubled its holdings in BlackRock’s iShares Bitcoin Trust to 6,060,351 shares valued at $321.5 million. Wisconsin’s board has also diversified investments in crypto-related companies like Coinbase and Marathon Digital. Share this article The State of Wisconsin Investment Board (SWIB) has doubled its holdings in BlackRock’s iShares Bitcoin Trust (IBIT),…
Key Takeaways Vitalik Buterin proposes a 10X increase in Ethereum’s L1 gas limit. A scaled L1 enhances security, facilitates L2 operations, and enables smooth asset transfers. Share this article Ethereum co-founder Vitalik Buterin advocates for a tenfold increase in the network’s L1 gas limit, emphasizing its importance even as L2 solutions gain prominence. The proposal…
Este artículo también está disponible en español. Dogecoin is trading at critical supply levels as the broader crypto market begins to show signs of life. Over the past few weeks, DOGE has faced significant volatility and uncertainty, with the price dropping to lower demand zones. This period of turbulence has left analysts divided on its…
Key Takeaways Mubadala Investment Company invested $436.9 million in iShares Bitcoin Trust ETF during Q1 2024. This is one of the inaugural crypto asset investments by a major sovereign wealth fund. Share this article Mubadala Investment Company, Abu Dhabi’s sovereign wealth fund, purchased $436.9 million worth of iShares Bitcoin Trust (IBIT) shares in the first…
The SEC has acknowledged the filing of a new crypto ETF proposal by Grayscale. That’s the same asset management firm that filed a bid to create a Solana ETF just four days ago. However, this time around, the request is to create a Dogecoin ETF, which makes this the first attempt to launch a meme…
Key Takeaways Tether has acquired a minority stake in Juventus Football Club, marking its first entry into professional sports ownership. The acquisition is part of Tether’s strategic diversification beyond its core stablecoin business, expanding into technologies like AI and biotech. Share this article Tether, the company behind the world’s largest stablecoin, USDT, said Friday the…
Este artículo también está disponible en español. Everything’s looking bright and rosy for the crypto’s future with good news from the Fed and New York. The Fed’s governor talked about the potential of stablecoins in retail. But he added it might take some work to increase its adoption. New York could also relax its crypto…
Key Takeaways Nayib Bukele and Michael Saylor discussed Bitcoin at the presidential palace on Feb. 13. El Salvador’s recent legislative amendments make Bitcoin voluntary legal tender and prohibit its use for tax payments, aligning with IMF loan requirements. Share this article El Salvador President Nayib Bukele and Strategy founder Michael Saylor met at Casa Presidencial,…
