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Analyst Confirms GBTC’s 633K Bitcoin Claim Despite Grayscale’s Reluctance to Share Proof of Reserves

An independent analyst has confirmed that GBTC owns approximately 633,000 Bitcoin held by its custodian – Coinbase Custody. This comes as Grayscale, the asset manager running the world’s largest bitcoin…

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Users Can Now Verify the Bitcoin They Own on Binance via Merkle Tree

The world’s largest cryptocurrency exchange – Binance – introduced its Proof of Reserves (PoR) system to display to users the exact amount of its crypto reserves. The feature will initially…

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Despite Many Selling Bitcoin at Loss, Bottom Might Not Be Here Yet: Analysis

CryptoQuant analysts informed that a lot of bitcoin investors have been selling at a loss recently since the asset’s price is a long way from its highest levels from a…

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Beyond Bitcoin – El Salvador Wants to Create a Legal Framework for All Crypto Assets

The government of El Salvador presented a bill that could set comprehensive rules on the local crypto sector and regulate the operations of all digital asset providers in the country.…

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Altcoin Madness: BNB Soars to $300, Litecoin Skyrockets 27% Daily (Market Watch)

After several days of charting new lows, bitcoin finally bounced off and added over 5% of value on a daily scale. However, most altcoins have outperformed the largest crypto. Massive…

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US Lawmakers ‘Strongly Urge’ Fidelity to Reconsider its Bitcoin 401(k) Initiative

The American senators – Elizabeth Warren, Tina Smith, and Richard Durbin – advised Fidelity Investments to reconsider its decision to allow investors to add bitcoin to their retirement 401(k) plans.…

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Crypto Markets Shed $60B in 2 Days as Bitcoin Slumps Below $16K (Market Watch)

Bitcoin took another turn for the worse and dumped below $16,000 to mark a fresh two-year low. Most alternative coins fell hard as well yesterday, with ETH sliding beneath $1,100.…

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