Cathie Wood’s ARK dumps 800K Grayscale Bitcoin Trust shares
The Grayscale Bitcoin Trust, one of ARK’s top three holdings, could lose its third-place ranking as ARK sheds its shares while increasing its holdings of Jack Dorsey’s Block....
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Blockchain adoption ‘accelerating very quickly’ in big finance — Franklin Templeton exec
Franklin Templeton executive Sandy Kaul said in a report that a pathway to reengineering the global financial markets can be seen for the first time....
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BlackRock, ARK revise Bitcoin ETF plans along SEC’s cash-only model
BlackRock, Cathie Wood’s ARK and WisdomTree are the latest spot Bitcoin ETF applicants to revise their filings with the U.S. SEC....
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Why a gold rush for inscriptions has broken half a dozen blockchains
Some suggest EVM inscriptions are the latest way for retail to access low-cap coins, while others argue it’s an over-hyped fad. Whatever it is, it’s clogging up the blockchain....
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SEC delays several Ethereum ETFs, pushing final decision to May
The SEC has pushed back its decision on a roster of Ethereum ETFs, with the final date for a potential approval arriving in late May....
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Zcash founder Zooko Wilcox steps down from Electric Coin, naming new CEO
The new CEO, Josh Swihart, has been the vice president at Electric Coin for nearly five years but recently took a four month stint away from the firm....
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US court approves settlement against Binance, firm to pay $2.7B to CFTC
Former Binance CEO Changpeng “CZ” Zhao has been ordered to pay $150 million, while Binance will pay $2.7 billion to conclude the CFTC enforcement action....
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Coinbase appeals SEC rulemaking petition denial as promised
Coinbase filed an appeal the same day its petition for a rulemaking on crypto used as a security was denied....
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Revolut Business reportedly cuts crypto services ahead of new rules
The neobank will halt crypto purchases by businesses while it sorts out new ad requirements....
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Grayscale CEO Foresees Spot Bitcoin ETFs Unlocking ‘$30 Trillion Worth of Advised Wealth’
In an appearance on CNBC today, the CEO of Grayscale Investments, Michael Sonnenshein, shared insights regarding the potential impact of a spot Bitcoin Exchange-Traded Fund (ETF) on the cryptocurrency market. Sonnenshein highlighted that a spot Bitcoin ETF could “unlock” around “$30 trillion worth of advised wealth.” Sonnenshein discussed the...
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