Category: Crypto News

  • Grayscale’s GBTC: what it is and how it works

    Grayscale’s GBTC: what it is and how it works

    Grayscale Investments is the financial product of Stamford which has been operating in the sector of investments in digital currencies since September 2013. The Connecticut-based (but New York-based) asset manager quickly became the largest cryptocurrency fund in the world with the launch of Grayscale ‘s GBTC , officially known as the Grayscale Bitcoin Trust. Not only. The company achieved another first when it […]

  • Cryptocurrency crisis opportunity for Goldman Sachs, a bank ready to buy

    Cryptocurrency crisis opportunity for Goldman Sachs, a bank ready to buy

    The deep crisis that the cryptocurrency sector is going through could be an opportunity for Goldman Sachs. The American investment bank has plans to invest in several crypto companies through acquisition or simple participation. This was stated in an interview with the press by Mathew McDermott, head of digital assets at Goldman. “We see some really interesting opportunities, […]

  • Venture Capitalist Tim Draper Predicts Bitcoin Will Hit $250,000

    Venture Capitalist Tim Draper Predicts Bitcoin Will Hit $250,000

    Investor Tim Draper has indicated that despite the collapse of FTX, the price of Bitcoin will reach $250,000 Venture capitalist Tim Draper has predicted that Bitcoin will reach $250,000 by mid-2023, even after a difficult year for cryptocurrencies, marked by the collapse of numerous exchanges, crypto companies and with the prices of the main tokens. […]

  • Circle cancels plans to go public

    Circle cancels plans to go public

    Circle, the company behind the USDC stablecoin, has terminated its agreement with Special Purpose Acquisition Company (SPAC) Concord Acquisition Corp. and has therefore reversed its plan to list in the bag. On Monday the company said that the decision to cancel the agreement was approved by the boards of directors of the two companies. The stablecoin issuer had […]

  • Pakistan launches new laws to expedite its CBDC start-up by 2025

    Pakistan launches new laws to expedite its CBDC start-up by 2025

    Regulators around the world see central bank digital currencies (CBDCs) as a way to enhance fiat capabilities by inheriting the financial prowess of the technologies that power cryptocurrencies. Pakistan added to this list by announcing new regulations to ensure the launch of its own CBDC by 2025. The State Bank of Pakistan (SBP) enacted new laws for Electronic […]

  • Nexo Pulls Out of the US Due to Negative Regulation Despite Dodging FTX Collapse

    Nexo Pulls Out of the US Due to Negative Regulation Despite Dodging FTX Collapse

    One of the survivors of the crypto winter takes a firm step in its gradual exit from the United States market. The reasons for his departure are attributed to the latest “confusing” actions by US regulators on the blockchain industry. Nexo, a cryptocurrency lending and interest provider, is one of the few companies successfully following this model. Which is […]

  • Standard Chartered sees a fall in the price of Bitcoin after the collapse of FTX

    Standard Chartered sees a fall in the price of Bitcoin after the collapse of FTX

    The multinational bank Standard Chartered estimates a drop in the price of Bitcoin in scenarios for the next year. Through Bloomberg , a note to investors published on December 4 by the chief strategist of the multinational bank Standard Chartered, Eric Robertsen, was released. Which showed a possible fall in the value of Bitcoin correlated with a rebound […]

  • The price of Solana (SOL)

    The price of Solana (SOL)

    Today, we analyze the possible scenarios of the price of Solana (SOL) in the short and medium term. Where is the price of Solana (SOL) headed? Solana is a highly functional open source project that builds on the permissionless nature of blockchain technology to provide decentralized finance (DeFi) solutions. While the idea and initial work […]

  • NFT Steez and Victor Solomon talk about building in Web3 and the Metaverse

    NFT Steez and Victor Solomon talk about building in Web3 and the Metaverse

    On December 2, NFT Steez hosts Alyssa Expósito and Ray Salmond chatted with Victor Solomon to discuss his journey to bring his artwork to life in NFTs and how he cultivates community and culture. that surrounds her Solomon’s work focuses on basketball, not just the object, but the sport itself. For Solomon, the inspiration for […]

  • South Korean judge dismisses arrest warrants against former associates of Terra co-founder Do Kwon

    South Korean judge dismisses arrest warrants against former associates of Terra co-founder Do Kwon

    A judge at the Seoul Southern District Court has reportedly annulled the arrest warrants for Terra co-founder Shin Hyun-seong. Along with those of 3 investors and 4 developers from Terra. According to a Dec. 3 note by South Korea’s Yonhap News Agency, Judge Hong Jin-Pyo said there was little risk that Shin or Terra’s associates […]