Thursday, 23rd December 2021: The exchange rate between the naira and the US dollar closed at N414.73/$1 at the official Investors and Exporters (I&E) window.
With the explosion of blockchain technology especially Crypto currency across the globe, many Crypto exchange platforms have emerged to offer Crypto traders the opportunity for buying and selling any Crypto currency of their choice. However, with the ban on Crypto currency in some African countries, some old Crypto exchange could no longer meet up to the people's demand for buying and selling. Binance has in the face of this challenge emerged the leading Crypto exchange platform that makes it possible for buying and selling through a reliable P2P platform.
Cryptocurrency is a type of virtual currency that is protected by encryption. The majority of cryptocurrencies use blockchain technology to create decentralized networks. Cryptocurrencies use "tokens" to enable for safe online transactions. There are various cryptocurrencies on the market, but Bitcoin is the most popular. The first cryptocurrency to leverage blockchain technology was Bitcoin. Bitcoin is a peer-to-peer cryptocurrency (i.e., there is no central administrator) that allows for rapid payment.
Despite its inferior market cap size, Dogecoin is more widely recognized by American investors than Ethereum – the second-largest cryptocurrency.
The US-based major cryptoasset management firm Grayscale turned to a survey to show the rising interest in bitcoin (BTC) among investors as the company is working hard to convince the US Securities and Exchange Commission (SEC) to launch the first bitcoin spot-based exchange-traded fund (ETF) in the US.
The new investment vehicle follows similar Grayscale products that offer exposure to single-assets, including Bitcoin, Ethereum, Chainlink.
Digital Currency Group and its subsidiaries, including Grayscale Investments, have decided to move from New York City to Connecticut.
The major digital asset investment firm Grayscale has launched a new solana (SOL)-backed regulated investment product in the US, opening up exposure to the smart contract and decentralized finance (DeFi) space for more investors.
Grayscale in a new report has said that the metaverse has an economic potential of over $1 trillion.
Morgan Stanley, through three of its funds, cumulatively holds over 6.5 million Graycale’s Bitcoin shares which are worth over $300 million.
The SEC published a notice on November 2, soliciting comments on the proposed rule change filed by NYSE Arca.
Head of the largest crypto asset manager believes that after approving a Bitcoin futures ETF, the SEC is likely to bring an Ethereum-based ETF to the market
Grayscale looks to be seeking to restructure its Bitcoin Trust into a physically-backed fund after the SEC approved a Bitcoin futures ETF.
Digital Currency Group CEO Barry Silbert has started teasing Grayscale’s ETF push.
In the cyber-realm, this battle between criminals and the authorities has been raging for years.
Grayscale, the world’s leading asset manager is quite focused on its goal of converting its premium bitcoin offering, Grayscale Bitcoin Trust (GBTC) into a Bitcoin ETF. The digital asset management firm announced the appointment of 20-year ETF veteran Dave Lavalle as its first Global Head of ETFs.
The institutional crypto fund has launched a DeFi fund that is now available for daily subscription by its investors
The price of the largest cryptocurrency edges lower as trading volume reduces.
The approval of Grayscale Digital Large Cap fun makes it the third SEC reporting product for the digital asset management firm.
Grayscale’s biggest single-day shares unlocking of 16,240 BTC is almost here. What impact will the event have on bitcoin’s price?