Grayscale Bitcoin Trust Discount Narrows to Lowest Since May 2022
The discount has been narrowing on hopes the SEC might soon approve a spot bitcoin ETF.
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The discount has been narrowing on hopes the SEC might soon approve a spot bitcoin ETF.
U.S. Senator Thomas Tuberville (R-Ala.) wrote an open letter to Attorney General Merrick Garland and Securities and Exchange Commission (SEC) Chair Gary Gensler asking them to investigate Prometheum, a special-purpose broker that recently secured federal permissions to offer crypto trading services.
Alex Blania on collaborating with Sam Altman on a universal basic income for eight billion people.
The latest Starbucks Odyssey Journey launch will feature a Stamp “designed by Aku” and include a $100,000 donation to Blessings in a Backpack, a non-profit tackling food insecurity among children.
On the positive side, the SEC started approving crypto ETF products, buoying markets for bitcoin and ether. On the other: major crypto exchanges were sued by regulators, increasing regulatory uncertainty around the sector.
The bank previously said it expected the cryptocurrency to reach $100,000 by then.