First Mover Americas: GBTC Discount to NAV Shrinks to Narrowest Since July 2021
The latest price moves in crypto markets in context for Nov. 27, 2023.
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UK Regulator Welcomes Fund Tokenization Plan Proposed by Industry Leaders
The Financial Conduct Authority (FCA) is currently exploring whether it could determine money laundering registration applications more quickly for firms already authorized, the report said.
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Fed Likely to Be Most Dovish Central Bank in 2024, Research Shows
Traders expect the Fed to cut rates by 100 basis points next year, weakening the dollar and incentivizing risk-taking in crypto and traditional markets.
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ARK Invest Sold $5M Worth of Grayscale Bitcoin Trust Shares Last Week
The sales took place as the discount for Grayscale’s bitcoin investment vehicle narrowed to its lowest in over two years, a sign of escalating optimism that a spot bitcoin ETF will finally be approved in the U.S.
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Ripple Excites XRP Army as Metaco Acquisition Brings Banks Closer
Earlier this month, Ripple-owned infrastructure provider Metaco said it was working with banking powerhouse HSBC.
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Cosmos Founder Calls For Chain Split, ATOM Down 3%
Cosmos Hub is an intermediary among all independent blockchains created within the Cosmos network. ATOM powers the Cosmos ecosystem of blockchains programmed to scale and interoperate with each other.
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Binance’s Changpeng ‘CZ’ Zhao is a Manageable Flight Risk: U.S. DOJ
The U.S. Department of Justice (DOJ) argues that Binance’s former CEO should remain free until sentencing – but only in the U.S.
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Binance Founder Changpeng ‘CZ’ Zhao Isn’t a Flight Risk, His Attorneys Say
The Department of Justice wants him to stay in the U.S. prior to sentencing.
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Tether, Bitfinex to Drop Opposition to New York Freedom of Information Law Request
The firms said dropping the opposition doesn’t mean a “wholesale release” of all documents.
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Grayscale’s GBTC Discount to NAV At Narrowest Since July 2021 on ETF Optimism
This is the first time since July 2021 that the fund has traded at a discount in single digits.