Grayscale Investments announced adjustments to its Digital Large Cap Fund (GDLC) allocation on Wednesday, with Bitcoin (BTC) and Ethereum (ETH) now comprising nearly 90% of the portfolio. As of 1/6/2025, GSCPxE’s Fund Components were a basket of the following assets…
Singapore has blocked crypto-based prediction market Polymarket as part of its ongoing crackdown on unlicensed gambling platforms. On Jan. 12, users reported being unable to access the site. Alex Zuo, vice president of investment and custody at Cobo Global, shared…
Oklahoma Senator Dusty Deevers has introduced the Bitcoin Freedom Act (SB325), aiming to integrate Bitcoin into the state’s economy. The bill proposes allowing employees and vendors to conduct transactions in Bitcoin, presenting it as an alternative to the inflation-weakened U.S.…
Crypto mining hardware sales have tripled in Russia year-on-year, one of the nation’s top Bitcoin mining experts has claimed. Speaking to the Russian news outlet Prime, Sergey Bezdelov, the head of the Industrial Mining Association said that “in the fourth…
As of Sunday, Jan. 12, 2024, the cryptocurrency sphere is nothing short of turbulent, with the total crypto economy resting at $3.31 trillion. Weekend and Year-to-Date Crypto Market Trends To round off the weekend, theta fuel (TFUEL) emerged as the…
U.S.-based entities now control 65% more Bitcoin reserves than their non-U.S. counterparts, according to data from CryptoQuant. CryptoQuant CEO Ki Young Ju shared on X that this ratio measures Bitcoin holdings of prominent U.S. entities, such as MicroStrategy, exchange-traded funds…