• January 21, 2022

Grayscale Investments Questions SEC’s Decision To Discard BTC Spot ETFs

In a letter of November 29th, the SEC (Securities and Exchange Commission) of the United States has been questioned by Grayscale Investments for deciding to prohibit BTC Spot ETFs. The company has claimed that the Securities Department has no base of discriminating by permitting the investment into the market of derivatives and blocking the market…

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Meta’s Cryptocurrency Head Is Leaving the Company At This Year’s End

Meta’s fintech unit and crypto’s head, David Marcus, will resign from his position at this year’s end. The new face on his place will be Upwork’s former CEO, Stephane Kasriel, who has been previously providing services at Facebook (former name of Meta) since August recent year. Marcus shared his decision on 1st December via a…

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Ethereum2.0 Developers Ask the Community’s Help To Test the Network Merge

The developers of ETH (Ethereum) have invited the network’s community to assist in testing the long-expected Merge among Beacon Chain, which is based on PoS (proof-of-stake), and Etherem mainnet. The Merge counts to be a prominent landmark towards the evolution in the direction of Eth2 because it will witness the transition of the Ethereum network…

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Self Mining Firm Griid Is Planning Its Listing On NYSE

Adit Ed Tech Acquisition Corp, known as a SPAC (special purpose acquisition company), intends to acquire self-miner for Bitcoin (BTC) from Griid Holdco, as disclosed by the companies on Tuesday. The scheduled transaction considers the combined firm, including debt. Up to $246M will be received by the mining firm in cash provided by the trust…

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Stablecoin Terra Unveils Its Liquidity Plans

Though USDT (Tether) and USDC (USD Coin) are considered to be the most suitable stablecoins in the ecosystem of cryptocurrency, another such coin appears to move toward the top. On November 30, the official account of UST (TerraUSD) on Twitter posted a proposal to increase the liquidity of the coin on Ethereum, via utilizing a…

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Avalanche (AVAX) Encounters Sell-Off – Price Analysis

AVAX weakens from its higher highs. The new coronavirus variant scares investors. Avalanche has its massive support of $100. Avalanche (AVAX/USD) encounters price weakness after recording its highs beyond $146. However, the altcoin plummeted to $101.4 on November 21. For now, the pair has its price at $107. Technicals show that Avalanche entered a bearish…

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