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Grayscale’s GBTC Discount to NAV Breaks Records as Spread Widens by More Than 35%

Grayscale Investment’s Bitcoin Trust (GBTC) has dropped to a new low this week as the bitcoin fund tapped a record 35.18% low against bitcoin spot prices. GBTC’s discount to spot…

Continue ReadingGrayscale’s GBTC Discount to NAV Breaks Records as Spread Widens by More Than 35%

Value Locked in Defi Drops to Lows Not Seen Since March, Ethereum Dominates TVL by 57%

The state of decentralized finance (defi) in terms of total value locked (TVL) has been tumultuous, to say the least, and currently the TVL in defi today is approximately $54.95…

Continue ReadingValue Locked in Defi Drops to Lows Not Seen Since March, Ethereum Dominates TVL by 57%

Framework to ban members of Congress and SCOTUS from trading stocks includes crypto provision

A bill based on the proposed framework banning crypto investments could help to "restore the public's faith and trust in their public officials," according to Zoe Lofgren.

Continue ReadingFramework to ban members of Congress and SCOTUS from trading stocks includes crypto provision

Merge Flippening Predictions Fail as Ethereum’s Market Dominance Drops 13% in 30 Days

During the last 35 days, ethereum has lost a significant amount of market dominance leading up to The Merge. On August 14, 2022, the second leading crypto asset by market…

Continue ReadingMerge Flippening Predictions Fail as Ethereum’s Market Dominance Drops 13% in 30 Days