As a researcher with experience in the crypto market, I am excited about Grayscale’s latest expansion into the crypto ecosystem by launching two new investment trusts: the Grayscale Near (NEAR) Trust and Grayscale Stacks (STX) Trust. These innovative products aim to provide institutional investors with diversified exposure to emerging segments of the crypto market, specifically … Read more
As an analyst with extensive experience in the crypto industry, I strongly believe that the SEC’s approval of eight Ethereum ETF applications is a significant validation of Ethereum’s commodity status. Coinbase CLO Paul Grewal and other industry experts have long maintained that Ethereum meets the definition of a commodity due to its decentralized nature. The … Read more
As a researcher with a background in cryptocurrencies, I find Billy Markus’ prediction of Ethereum reaching $100,000 to be an intriguing and ambitious one. Markus’ personal stake in this prediction adds an interesting perspective, as he mentioned that he needs ETH to reach this price level to afford a house in Los Angeles. As a … Read more
As an experienced financial analyst, I am thrilled to see the US Securities and Exchange Commission (SEC) approve all five Ethereum Exchange Traded Funds (ETFs) applications from major asset managers like BlackRock, Grayscale, Bitwise, VanEck, Ark Invest, Invesco Galaxy, Fidelity, and Franklin Templeton. This is a significant milestone for Ethereum and the broader cryptocurrency market. … Read more
As a seasoned crypto investor with a keen interest in the regulatory landscape, I can’t help but feel a sense of excitement and optimism following the SEC’s approval of eight spot Ethereum ETFs. This development comes on the heels of the recent approval of spot Bitcoin ETFs, which is a positive sign for investment products … Read more
As a seasoned crypto investor, I’ve seen my fair share of debates and controversies in the digital asset space. The ongoing discussion surrounding Central Bank Digital Currencies (CBDCs) is no exception. While some argue that CBDCs could lead to innovation and increased government control, others, including myself, have privacy concerns. The debate surrounding the creation … Read more
As an experienced analyst, I have followed the development of various ETF applications in the digital currency space closely. Based on my observations and understanding of regulatory processes, the silence from the SEC regarding VanEck’s spot Ethereum ETF application is not uncommon. The delay could be due to a variety of reasons, including internal deliberations … Read more
As a researcher with extensive experience in the crypto market, I’m closely monitoring the latest developments surrounding Terra Luna Classic (LUNC) and its exchange partner Binance. The recent revelation that Binance burned an additional 1.4 billion LUNC tokens beyond its monthly burn mechanism is a noteworthy event. This week, Binance, the cryptocurrency exchange, torched another … Read more
As a seasoned crypto investor with a keen interest in regulatory developments, I’m closely monitoring the ongoing situation regarding H.J. Res 109 and the potential repeal of SAB 121. The extended deadline for President Biden to make a decision on this matter is critical, as it could significantly impact the future of cryptocurrency custodial services … Read more
As a researcher with a background in finance and experience following the crypto industry closely, I find Coinbase’s decision to reopen XRP trading for New York users an intriguing development. The ongoing legal dispute between Ripple and the SEC has created uncertainty in the market, and Coinbase’s move signals a potential shift in the regulatory … Read more