July 22, 2023

Grayscale BTC Trust Dominates ARK’s Q2 2023 ETF Rankings, Coinbase Tops in Asset Allocation

Cathie Wood’s ARK Invest revealed some interesting details on its portfolio in the second quarter of 2023. The latest report suggested that Grayscale Bitcoin Trust (GBTC) stood out as one of the top-performing assets within the investment firm’s portfolio. However, when it comes to asset allocation, GBTC trailed behind Coinbase at ARKW. GBTC Tops Chart...
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Caroline Ellison Felt Unsuited To Run Alameda Amid SBF Relationship Drama

Caroline Ellison – former CEO of the fallen crypto trading desk Alameda Research – felt “unhappy and overwhelmed” with her job, and strongly doubted that she was well suited to the role, according to newly leaked excerpts from her online diary. The excerpts shed light on many of her inner thoughts heading preceding FTX’s demise,...
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Indonesia launches national cryptocurrency exchange under government supervision

Indonesia’s national cryptocurrency exchange has opened for business, becoming the only legal venue for the exchange of digital assets in the country, according to the Commodity Futures Trading Supervisory Agency. The exchange had been in the works since December 2021 and was delayed from its scheduled launch date at the end of 2022 to June...
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As Bitcoin Rises, El Salvador’s Sovereign Bonds Soar 60% In 2023

Bonds issued by El Salvador, the first country in the world to establish Bitcoin (BTC) as legal tender, are up 60% in value this year – rivaling Bitcoin’s 80% gains. The sudden demand for the country’s national debt represents a massive sentiment shift around its financial position. Yields for El Salvador’s 10-year debt ran as...
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Bitcoin Consolidation Below $31k Not A Concern For TOADS As Meme Coin Soars 370%

In the dynamic world of cryptocurrencies, where market trends can shift rapidly, one coin’s performance stands out amidst Bitcoin’s recent consolidation. While Bitcoin (BTC) struggles to break through the $31k resistance level, a meme coin has defied the odds and soared to unprecedented heights. Enter DigiToads (TOADS), a meme coin with growing interest among investors...
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Ridiculous: An Offer of Only $500 to Solve a $5 Million Hack

A security outfit led by ethical hackers who specialize in security audits claimed to be offered a $500 bounty by DxSale Network, a decentralized token launchpad, after informing the platform of a breach that could cost it over $5 million. The reward is one of the lowest ever offered to a white hat hacker. $500...
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Is XRP in Trouble Again? SEC Signals Appeal in Ripple Case

The legal war between the United States Securities and Exchange Commission and Ripple Labs appears to be far from over. While the latter managed a partial win following a recent court ruling, the Commission doesn’t seem to be backing down just yet. According to a recent report by Bloomberg, the United States Securities and Exchange...
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Ripple (XRP) Forms New Partnership to Foster Stablecoin Adoption

Stablecoins and central bank digital currencies (CBDCs) have been an ongoing point of discussion for a while now. Ripple – the company behind one of the world’s largest cryptocurrencies, XRP – has entered into a new partnership aimed at fostering support for both. According to a recent blog post, Ripple partnered with a company called ...
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