NYSE Arca files form 19b-4 to convert Grayscale Bitcoin Trust (GBTC) into an ETFThe global crypto market cap is $2.5 trillion with a 24-hour volume of $90.55 billion. The price of Bitcoin is $62,904.93 and the BTC dominance is at 47.5%.
by Shaurya Malwa Grayscale Investments, announced today that NYSE Arca has filed Form 19b-4 with the Securities and Exchange Commission (SEC) to convert Grayscale’s flagship product, Grayscale Bitcoin Trust (OTCQX: GBTC), into a Bitcoin Spot ETF.
More news ⏬Kusama (KSM) council announces early start for next batch of parachain auctionsHigh-speed “layer-0” blockchain Kusama has made a recent change in its schedule regarding the impending parachain auctions. This “DeFi 2.0 protocol” to hold its allocation mining event on Launchpool beginning November 8Pollen DeFi, the decentralized platform where the community will manage the weighting of asset portfolios that back up market-tradable tokens, today announced its Allocation Mining Event (AME) on Launchpool.xyz, a trusted project launchpad with a strong community-based ethos. Valkyrie’s Bitcoin ETF Will Trade Under “BTFD” — here’s why the crypto community is excitedCrypto asset management firm Valkyrie, which is anticipating its first Bitcoin Futures ETF approval from the Securities and Exchange Commission, has selected a witty ticker name for trading purposes. Web3 company announces Polygon fund to bolster MATIC ecosystemWeb3 fund Outlier Ventures has announced the Polygon Base Camp Accelerator to bolster efforts and development in the burgeoning Polygon ecosystem, CryptoSlate learned in a release Monday. President Bukele calls the latest Bitcoin (BTC) protest in El Salvador a failureEl Salvador’s President Bukele responded to the weekend’s Bitcoin protest, calling it a failure while also downplaying the numbers involved. Former Congressman says the U.S needs to step up on crypto before its too lateFormer Republican Congressman George Nethercutt Jr lashes out at the current U.S administration over its dealings with the crypto sector. Polkadot (DOT) founder announces $774 million development fund for DeFiFollowing DOT’s rally last week, driven by the announcement of Polkadot’s highly-anticipated parachain auctions, Gavin Wood teased $774 million ready to be spent on innovative ideas. Crypto market cap hits an all-time high of $2.5 trillionThe cryptocurrency market has set a new record with an all-time high of $2.6 trillion according to data from CryptoSlate. ATM data shows Salvadorans interest in Bitcoin (BTC) is risingA little over a month after El Salvador legitimized Bitcoin as a legal tender within its jurisdiction, and with the value of the flagship asset touching new heights during the weekend, indications have emerged that interest in it has surged drastically in the Central American country. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. 🔥 Trending Sectors
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