Grayscale Bitcoin Trust (GBTC) Discount Cuts to 2-Year Low

GBTC stock is approaching parity with Bitcoin (BTC). The discount fell to a two-year low. Grayscale is in active negotiations with the SEC. GBTC is the world’s largest cryptocurrency fund, currently with $30.45 billion in assets under management as of November 22. It is approaching parity with BTC as negotiations between Grayscale and the US […]

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Weekly Report: Bitcoin Whales Amid Turmoil Over Binance Case

This week, Bitcoin whales showed numerous choppy movements as a result of the drama within the Binance exchange. This week was one of great turmoil for cryptocurrency trading due to the spectacular stumble of Binance and its former CEO, Changpeng Zhao. The Bitcoin whales were left in the middle of all that swirl of nervousness […]

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Can XRP Price Cross $10,000? Crypto Pundit Reveals How It Will Happen

In a post on X, Edward Farina suggested that XRP can reach “unprecedented levels” if it manages to capture a fraction of the market. A prominent figure in the XRP community has revealed how the price of XRP can reach $10,000. In his opinion, this gigantic milestone will be achieved through the utility that XRP […]

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Binance’s Legal Woes Could Worsen as CFTC Becomes More Aggressive and Gains Access to Crypto Exchange Records

The Commission now has access to all of the exchange’s records, which could serve as a catalyst for uncovering additional cases of mishandled funds or suspected fraudulent activities. The recent news that the former CEO of Binance pleaded guilty to money laundering charges has certainly made headlines, adding to the circumstances that led to his […]

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Crypto Summary: KyberSwap Was Hacked

This is the most notable news in the world of cryptocurrencies. This week, the Kyber Network team alerted its users, stating that KyberSwap Elastic had experienced a security incident. By the way, it recommended users withdraw their funds as a precaution and added that they were investigating the situation. Specifically, according to Debank data, around […]

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