Grayscale seeks approval to convert its large crypto cap fund into ETF

The selling of Bitcoin (BTC) by long-term holders is being quickly absorbed by buyers, according to digital asset analytics firm Glassnode. Glassnode says that long-term holders – or those holding their coins for more than 155 days – are starting to re-accumulate BTC after a second wave of selling, reducing volatility on the price chart. […]

SkyBridge Capital founder Anthony Scaramucci says it is possible for Bitcoin (BTC) to witness muted gains for the rest of this cycle. In a new interview with independent journalist David Lin, Scaramucci says Bitcoin’s performance in the coming months will largely depend on President Trump’s trade war rhetoric. According to Scaramucci, he sees BTC soaring […]

Circle filed an S-1 with the SEC on April 1, 2025, for its IPO on the NYSE under the ticker CRCL. The IPO features a three-tier share structure: public Class A shares (1 vote), founder-held Class B shares (5 votes, capped at 30% voting power), and convertible non-voting Class C shares. This move follows rising […]

While the Fear and Greed Index rose by 10 points, analysts warn of an impending recession, evident in falling rates despite rising inflation. Since Trump’s trade war and the Fed’s rate cuts in September 2024, the S&P 500 shows a 2% decline, with history suggesting further drops typically follow rate pivots. Analysts expect further inflation […]

Stablecoin issuer Circle filed its Form S-1 registration with the Securities and Exchange Commission (SEC) yesterday (Tuesday), officially confirming its intention to list its shares publicly on the New York Stock Exchange. If listed, Circle shares will trade under the ticker “CRCL”. However, the company did not reveal the number of shares it intends to […]

… cryptocurrency, was quoted trading at around $84,449.6, up 1.65 per cent. Bitcoin has traded in the range of $85,487.37 to $82,550.70 in the last …

Video game retailer GameStop Corporation (GME) has finished a convertible debt offering that raised $1.5 billion, with some proceeds earmarked for buying Bitcoin. The offering was initially set to raise at least $1.3 billion, but purchasers opted for an additional $200 million aggregate principal amount of notes, GameStop said in an April 1 filing with […]

Key Takeaways: The Kentucky Public Service Commission (PSC) has officially dropped its lawsuit against Coinbase regarding its staking service. The lawsuit had been filed to determine whether Coinbase’s staking program was violating state securities laws. The decision comes as several other states continue with similar lawsuits against the platform. Though this is a minor win […]

An analyst has pointed out two major Dogecoin resistance levels that could potentially pave the path to the next bull run for the memecoin’s price. These Dogecoin Levels Stand Out In Terms Of On-Chain Resistance In a new post on X, analyst Ali Martinez has discussed about the resistance walls present ahead for DOGE based […]

TL;DR Grayscale requested the conversion of its Digital Large Cap Fund into an ETF, aiming to offer institutional investors more regulated access. Bitcoin rose 2.48% in 24 hours following the announcement, reaching $84,195.32, with a 34.7% increase in trading volume. Analysts predict that ETF approval could attract more institutional capital and strengthen the integration of […]

Galaxy Digital, founded by Michael Novogratz, has agreed to pay $200 million in penalties to resolve allegations that it violated New York laws by promoting the cryptocurrency LUNA without disclosing its financial interests. Galaxy’s LUNA Disclosure Failure Violated NY Laws Michael Novogratz’s Galaxy Digital recently agreed to pay $200 million in penalties to resolve allegations […]

Australian regulators are cracking down on the country’s more than one thousand crypto ATMs amid concerns over scams and fraud. In a new announcement, the Australian Transaction Reports and Analysis Centre (AUSTRAC) is putting crypto ATM providers on notice, saying that some firms may be in violation of anti-money laundering and counter-terrorism (AML/CTF) provisions. AUSTRAC’s […]

A total of five US lenders are now accused of abruptly terminating bank accounts for political reasons, as the Trump family ramps up its clash with US banking powerhouses. In a new interview with Fox Business, Eric Trump alleges JPMorgan Chase, Bank of America, Capital One, TD Bank and First Republic all abruptly shuttered his […]

Despite the uncertainty, large Bitcoin holders are increasing

Several British trade associations have asked Prime Minister Keir Starmer’s office to appoint a special envoy dedicated to crypto and for a dedicated action plan for digital assets and blockchain technology. In a March 31 letter, the coalition of six UK digital economy trade bodies urged Starmer’s special adviser on business and investment, Varun Chandra, […]

South Korea’s second-largest cryptocurrency exchange, Bithumb, has turned around impressively during 2024, and it now finds itself in the black, with operating profits of $89 million and a reported net profit of $110 million. Just last year, in 2023, the exchange suffered a gigantic operating loss, so the profits this year mark an increase of […]

In an ironic twist of fate, the hacker behind February’s $9.57 million exploit on zkLend has allegedly fallen victim to another scam. The suspected criminal claimed in an on-chain message that they lost 2,930 ETH, worth about $5.4 million, while trying to launder the stolen funds through Tornado Cash. The zkLend Hack zkLend also confirmed […]

We’re thrilled to announce that GUN, JST, K and USDD are now available for trading on Kraken! Funding and trading GUN, JST, K and USDD trading will be live as of 15:00 UTC today, April 1, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit […]

… cryptocurrency special task force. These meetings will focus on topics such as crypto trading, custody, asset tokenization, and decentralized …

Key Takeaways: To reduce risks, the European Insurance and Occupational Pensions Authority (EIOPA) suggests a 100% capital need for insurers’ cryptocurrency holdings. EIOPA is strongly in support of the most rigorous of four regulation choices now being considered given crypto’s volatility. Of Europe’s total crypto-related insurance investments, Luxembourg and Sweden are the most impacted markets […]

Bitcoin price started a recovery wave above the $83,500 zone. BTC is now consolidating and might struggle to settle above the $85,500 zone. Bitcoin started a decent recovery wave above the $83,500 zone. The price is trading above $83,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with […]

Cardano (ADA) founder Charles Hoskinson believes memecoins are like celebrities who witness short-lived fame before flaming out. In a new interview on the Wolf of all Streets YouTube channel, Hoskinson says memecoins need to evolve and develop use cases and user bases to avoid going through a ‘dumpening’ – the practice of launching tokens with […]

TL;DR Bitcoin inflows to exchanges have dropped by 64% since November, indicating a significant decrease in sell-side pressure. The low selling volume may signal the beginning of a new bullish phase, supported by rising structural demand. BTC is currently priced at $84,266.36, with a 24-hour gain of 0.77% and a market cap of $1.67 trillion. […]

Grayscale has filed with the SEC to list its digital large cap fund as an ETF on NYSE Arca, offering exposure to bitcoin, ethereum, XRP, solana, and cardano. Grayscale’s Digital Large Cap Fund Targets NYSE Arca Listing for Broader Crypto Exposure Crypto asset manager Grayscale Investments filed a Form S-3 registration statement with the U.S. […]

This is first human spaceflight to explore Earth’s polar regions

Bitcoin Magazine Bill That Authorizes Texas Comptroller To Invest $250 Million Into Bitcoin Moves To Committee Today, H.B. 4258, which authorizes the state’s comptroller to invest up to $250 million in bitcoin has been referred to the state’s Delivery of Government Efficiency Committee, which is Texas’ version of the United States federal government’s DOGE. The […]

Despite Bitcoin’s 2.2% gains on April 1, BTC (BTC) hasn’t traded above $89,000 since March 7. Even though the recent price weakness is often linked to the escalating US-led global trade war, several factors had already been weighing on investor sentiment long before President Donald Trump announced the tariffs. Some market participants claimed that Strategy’s […]

Hackers stole more than $1.63 billion in cryptocurrency in the first quarter of 2025, according to blockchain security firm PeckShield. The Bybit exploit accounted for over 92% of total losses. PeckShield reported that hackers stole $87 million in January. Losses surged to $1.53 billion in February, mainly due to the Bybit attack. The incident was […]

That's why I'm helping introduce the STABLE Act to encourage cryptocurrency innovation in the United States, define qualified stablecoins, protect …

In a dramatic shift within the cryptocurrency market, the ratio of ETH to BTC has dropped to a five-year low of 0.02193, signaling a significant underperformance by Ether in relation to Bitcoin. This drop represents a 39% decrease in Ether’s value compared to Bitcoin over the course of 2025—a year that, until this point, many […]

In 2025, Binance firmly established itself as the leader in spot trading volume across cryptocurrency exchanges. After analyzing cumulative data from the start of the year, CryptoQuant found that the platform has maintained a commanding lead with a whopping $1.9 trillion in spot trading volume. 2025 Sees Binance’s Spot Trading Volume Soar According to CryptoQuant’s […]