Episode 20 of Season 5 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Grayscale CEO Michael Sonnenshein. Listen below, and subscribe to The Scoop on Apple, Spotify,...
Tag: Grayscale Bitcoin Trust
Grayscale Bitcoin Fund Soars as Judges Sound Skeptical of SEC’s Arguments on ETF
Grayscale Investments for years has fruitlessly sought to convert its flagship product—the world’s largest Bitcoin fund at $14 billion—into an exchange-traded fund, most recently suing the Securities ...
Bitcoin tumbles to fresh lows as Genesis denies imminent bankruptcy
Bitcoin briefly tumbled to its lowest level in two years on Monday after Bloomberg News reported that Genesis, the digital-asset brokerage and lender, has told investors it could be forced to file for...
Grayscale Hoping for SEC Win, Others Say GBTC Needs To Act Faster
Given Grayscale Investments’ suit against the SEC — alleging the watchdog erred in denying its bid to convert its bitcoin trust to an ETF — is months from a resolution, industry participants told Bloc...
Forget Bitcoin. Interest in Ether Is Booming Ahead of ‘The Merge.’
Investors have flocked into Ether trades as a critical upgrade to one of crypto’s most crucial networks looms large this month, setting the stage for volatility in the days and weeks to come. Set to b...
Crypto Took Wall Street on a Wild Ride. Now It’s Ending in Tears.
Cory Klippsten is a big fan of Bitcoin. But his affinity for cryptocurrencies ends there. Klippsten, head of a company called Swan Bitcoin, sees a growing minefield of scams, fraud, and risky products...
Grayscale Bitcoin Trust’s Discount Is Tempting. Why It’s Not a Slam Dunk.
There is a way to buy Bitcoin for nearly a third less than the market price, but investors do so at their peril. That is the broad lesson to draw from the travails of the Grayscale Bitcoin Trust (tick...
Bitcoin crash: These three metrics show how bad the carnage is, and what to expect next
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’ll walk you through what’s going on in the current bear market. As usual, find me on T...
Crypto crash: What contagious risks could Celsius, Three Arrows pose? Here’s what to watch
The latest crisis started Sunday with Celsius, one of the biggest crypto lending platforms, pausing all withdrawals, swaps and transfers between accounts. The company reportedly has hired restructurin...
Ethereum close to its major upgrade, but why has it fallen more than bitcoin?
This article has been updated to correct the identification of Citadel Securities. Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m w...
Ethereum could ‘take over everything’, and there won’t be a multi-chain future, says EY’s blockchain leader
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest an...
Cardano leads rises as largest cryptocurrencies start mixed
The largest cryptocurrencies were mixed during morning trading on Monday, with Cardano ADAUSD seeing the biggest move, rising 2.96% to $1.21. Polkadot DOTUSD led the decreases with a 2.79% drop to $22...
Ethereum’s major upgrade is coming. Should you be more bullish on it than bitcoin?
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest an...
Largest cryptocurrencies mixed as Cardano rises
The largest cryptocurrencies were mixed during morning trading on Thursday, with Cardano ADAUSD, -0.12% seeing the biggest move, rallying 2.82% to 85 cents. Polkadot DOTUSD, +0.62% led the decreases w...
Should You Buy the Grayscale Bitcoin Trust Fund? It’s on Sale—and That Could Be a Trap.
In closed-end funds, anything trading around 70 cents on the dollar might seem too good to pass up. Investors can get that kind of bargain now in the Grayscale Bitcoin Trust . But this may be a case w...
Tax season: does the IRS know if you trade crypto? Is your NFT sale or mining income taxable?
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. It is tax season in the U.S., and I’ll ...
6 value stock picks for 2023 from successful money managers
Following a down year for the stock market, there is no shortage of recession predictions for 2023, especially as the Federal Reserve has signaled it will continue to raise interest rates to fight inf...