"700 BTC on the move: Grayscale's mysterious transfer leaves the crypto world buzzing—what’s next for Bitcoin?"

Grayscale Bitcoin Trust Transfers 700 BTC to an Unknown Address

Breaking news in the crypto space: Grayscale Bitcoin Trust (GBTC), one of the largest institutional holders of Bitcoin, has reportedly transferred 700 BTC to an unidentified address. This unexpected move has sparked speculation among investors and analysts, with questions arising about the purpose of this transfer and its potential market impact.

Key points to consider:

Potential Rebalancing: Could this be part of Grayscale's internal portfolio adjustments or client distributions?

Market Impact: Large transfers often signal upcoming moves in the market, potentially influencing Bitcoin's price.

Transparency: The lack of clarity around the recipient address adds to the uncertainty.

Crypto enthusiasts are keeping a close eye on the blockchain for further developments. What are your thoughts on this transfer? Share your insights below!

#bitcoin #Grayscale #CryptoNewss

🔥🔥🔥 #Grayscale $XRP Trust Set to End 2024 With Over 300% Gains

Grayscale XRP Trust Surges 300% in 2024

- As 2024 comes to a close, Grayscale's XRP Trust has delivered remarkable returns for investors, posting a staggering 300% gain. XRP’s strong performance in November and December has fueled this surge, making it a standout in the crypto space during the festive season.

Institutional Investors Reap Big Gains

- Grayscale’s XRP Trust, re-launched in September 2024, has seen its share price skyrocket from $10.85 to $45.46. Much of this growth is attributed to renewed pro-crypto sentiment sparked by Donald Trump’s election victory, which has reignited optimism across the industry.

Regulatory Clarity on the Horizon

- XRP’s price momentum also reflects optimism surrounding regulatory developments. The ongoing SEC lawsuit, initiated in 2020, has been a significant hurdle. However, a partial victory in July 2023 and potential changes at the SEC helm are driving hopes for further clarity. This optimism could pave the way for XRP’s inclusion in spot exchange-traded funds (ETFs), potentially unlocking billions in institutional investment.

Spot XRP ETFs: A Game-Changer?

- The exceptional gains by Grayscale’s XRP Trust have bolstered confidence in XRP, with many believing it could accelerate the approval of spot XRP ETFs. Influencer Ben “Bitboy” Armstrong recently highlighted this, pointing to growing investor interest and the push by multiple asset managers to launch these ETFs.

- Currently, four firms—Canary Capital, 21Shares, Bitwise, and WisdomTree—are vying to launch spot XRP ETFs. With the latest application filed in November 2024, the earliest approval could arrive by July 2025, aligning with the SEC’s standard review timeline.

- Grayscale’s XRP Trust is not only rewarding its investors but also setting the stage for a transformative 2025, where broader institutional adoption could redefine XRP’s market trajectory.

#BinanceSquare #CryptoMarket #Xrp🔥🔥

"Grayscale's 8-K filing boosts $ZEN's transparency and compliance, paving the way for greater investor confidence and potential price growth."

The Form 8-K is a mandatory filing by publicly traded companies to report significant events or corporate changes that may affect investors or the company's financial status. This form is filed with the U.S. Securities and Exchange Commission (SEC) and is designed to ensure transparency, keeping the public informed about important developments in real-time.

In the case of Grayscale's filing for the Grayscale Horizen Trust (HZEN), the form reveals that they offered 3,565,200 shares, equivalent to 304,034 ZEN tokens, in a private offering to accredited investors. This move is seen as a step toward making $ZEN more transparent and compliant with regulatory standards, potentially increasing investor confidence.

As the post suggests, due to these regulatory steps and growing acceptance, ZEN's price might increase in the coming days, making it a favorable time for long-term investors to stay invested rather than betting on a price decline.

#horizen #Grayscale

#USDT🔥🔥🔥
#USDCstablecoin
#usualcoin

I checked that there are more than 45 large companies that have joined and support the $USUAL project including the giant BlackRock. From this point it seems true that $usdo will replace the position of $usdt / $theater in Europe.
When will #Grayscale #GrayscaleInvestments Trust Join?
I Hope $Usual easy 30$ in Januari 2025.

💥 Grayscale Presents 8-K for Horizen Trust to the SEC🚨

On December 24, Grayscale filed an 8-K form for Grayscale Horizen Trust (ZEN) with the SEC. This move suggests increased interest in the ZEN token and could indicate a step towards regulation and transparency in the cryptocurrency market.

#Grayscale #SEC #HorizenTrust
$SOL $CAKE $CITY

Will the grayscale fund plan for $ZEN further enhance its market value?
#ZEN #Grayscale

Grayscale's Bitcoin ETF Victory: A Landmark Decision

In a groundbreaking legal victory, Grayscale Investments has won a significant battle against the U.S. Securities and Exchange Commission (SEC). This landmark decision paves the way for Grayscale to convert its Bitcoin Trust into a spot Bitcoin exchange-traded fund (ETF), marking a historic moment for the cryptocurrency industry.

The victory has been hailed as a crucial step in legitimizing Bitcoin and other cryptocurrencies within the mainstream financial system. A Bitcoin ETF allows institutional investors to gain exposure to Bitcoin without having to directly purchase and store the cryptocurrency. This could potentially open the floodgates for more institutional capital to flow into the digital asset space, which has been a key factor in the recent surge in Bitcoin prices.

The SEC had previously rejected Grayscale’s proposal, citing concerns over the potential for fraud and manipulation in the Bitcoin market. However, the court ruled that the SEC’s decision was arbitrary and capricious, underscoring the increasing recognition of cryptocurrency as a legitimate asset class. This ruling not only boosts Grayscale’s chances of launching the ETF but also strengthens the case for other Bitcoin-focused investment products.

For investors, this victory signals a new era of increased institutional participation in the cryptocurrency market. With the approval of Bitcoin ETFs, cryptocurrencies will continue to move toward integration with traditional financial markets, making them more accessible to a broader audience.

The move also has significant implications for the future of cryptocurrency regulation. As more institutional investors enter the market, regulators will be forced to adapt to this new reality and provide clearer frameworks for digital assets.

The Grayscale victory is a key moment in the ongoing evolution of cryptocurrency, marking the beginning of a more regulated and institutionalized future for Bitcoin and other digital assets.

#Grayscale #BitcoinETFs #bitcoin #Write2Earn

Dec 23 Update:🚨🚨🚨
10 #Bitcoin ETFs
NetFlow: -5,353 $BTC (-$502.17M)🔴
#Grayscale Bitcoin Mini Trust outflows 1,959 $BTC ($184.15M) and currently holds 38,276 $BTC ($3.6B).
9 #Ethereum ETFs
NetFlow: -43,129 $ETH (-$142.11M)🔴
#iShares (Blackrock) outflows 29,988 $ETH ($98.81M) and currently holds 1,017,502 $ETH ($3.35B). #ChristmasMarketAnalysis $BTC $ETH
✅ Follow for more to get free VIP Signals, Chart Analysis 🚨, and latest updates. So you will not miss any opportunities! 💰💰

Just Secured My Bag of $ZEN on Binance! 🚀

Why $ZEN?

Grayscale's $ZEN Trust just launched, opening doors for institutional money to gain exposure. Big players are entering the game!
📈 Since November, $ZEN has shown clear signs of smart money accumulation—climbing from $7 to $30.
Just yesterday, $ZEN surged 70% following the Grayscale news.

My target: 🎯

$50 by EOY 2024

Potential ATH of $150 in early 2025

$ZEN has been immune to market dumps. Time to ride this wave to the moon!

#ZEN #Crypto #Grayscale #BullRun

🚨FLASH: 🚀 #Grayscale launches the Grayscale Bittensor Trust: a unique opportunity to invest in AI thanks to the token $TAO of #Bittensor now available in the form of securities.

💰 Net asset value: $10.39/share
📊 Assets under management: $5.18M

#CryptoBuzz #IA

#Grayscale 's Top 20 Picks: Hit or Miss? 🚨 ... Do you guys remember Grayscale’s Q4/2024 “Top 20 List” featuring tokens they hyped as having high potential? With less than 2 weeks left in the year, let’s check out how the first 10 tokens performed this quarter.

Spoiler alert: it’s a mixed bag, but mostly green! 🌱

Here’s the Q4 scorecard:
📈 $BTC  : +60%
📈 $ETH  : +40%
📈 $SOL  : +36%
📉 #TON : -4.62%
📈 #LINK : +102%
📈 #NEAR : +6%
📈 #UNI : +92%
📈 $SUI : +133% (🔥 MVP right here!)
📉 TAO: -16% (ouch!)
📈 $STX : +5%

That’s 8 out of 10 in the profit zone! Not too shabby, right? If you followed their picks, you’re probably smiling at your portfolio right now. 😎

So, what about you frens—did Grayscale’s crystal ball guide you to the moon, or did you miss the rocket? Share your wins (or lessons learned), and as always, DYOR! 🚀

Grayscale Bittenso Information-Based Scalping Strategy

Grayscale opens a Trust for $TAO , which is now trading as a security with a NAV of $9.95 per share and a total AUM of $4.95 million. This information can be used for scalping strategies if $Tao is available on certain crypto trading platforms.

Scalping Strategy Steps:

1. Monitor Real-Time Price:

If $TAO is traded on the spot market, use a lower timeframe (1-5 minutes) to capture short-term volatility opportunities.

2. Identify Support and Resistance:
Watch the NAV price of $9.95 as an initial support reference. Resistance can be formed from volume data or market sentiment when the trust opening starts to take effect.

3. Use Technical Indicators:

EMA 8, 20, 50: Identify price trends.

RSI: Monitor overbought (>70) and oversold (<span for entry opportunities.

MACD: Crossing signals can help determine the direction of fast trading.

4. Manage Risk:

Use tight stop-loss, as scalping relies heavily on small price movements.

Limit positions so that the risk per trade is a maximum of 1-2% of capital.

Scalping Entry Points:

Buy Entry: When the price approaches support (below $9.95).

Sell Entry: When the price approaches new resistance formed in the market.

My Comments:

🔥 "Grayscale + Bittensor: New Opportunities for $TAO Traders?"

Grayscale officially opens Bittensor Trust to selected investors, with NAV per share at $9.95 and total AUM reaching almost $5 million. With this move, $tao gets wider exposure, but what does it mean for short-term traders?

💡 Strategy for Scalpers:

Watch the $9.95 NAV level as a reference for support.

Use indicators such as RSI & MACD to catch quick volatility opportunities. CHECK NOW 👇🏼$TAO

✨ Big Picture: This move could pave the way for wider adoption, but be aware of the risks as the TAO market is still new to many traders.

👉 What do you think? Is $TAO worth your trading radar or do you want to see how it plays out?Let's discuss here! 🚀

#Grayscale #Bittensor #CryptoTrading

#比特币现货ETF has shown a strong trend of capital inflow in the past week, with a weekly net inflow of up to $2.17 billion, and this trend has been maintained for five consecutive trading days. This indicates that investors' interest and confidence in Bitcoin spot ETFs are gradually increasing. Among them, the IBIT ETF with #贝莱德 topped the list with a net inflow of $1.51 billion, and its historical total net inflow has reached $35.88 billion, further consolidating its leading position in the field. The FBTC ETF with #富达 also performed well, with a weekly net inflow of $598 million and a historical total net inflow of $12.31 billion. These data show that Bitcoin spot ETFs under large financial institutions are attracting increasing attention from investors.
In sharp contrast, the GBTC ETF with #Grayscale experienced a net outflow of $221 million last week, with its historical cumulative net outflow reaching $21.05 billion. This may indicate that some investors' views on Grayscale's GBTC are beginning to change, or they are seeking other more attractive investment opportunities.
Meanwhile, the total net asset value of Bitcoin spot ETFs has reached $114.969 billion, accounting for 5.71% of the total market capitalization of Bitcoin, and the historical cumulative net inflow has also reached $35.602 billion.
Additionally, the total assets managed by ETFs listed in the United States have for the first time exceeded the $10 trillion threshold, with $40 billion already invested in the cryptocurrency field. This trend indicates that cryptocurrency, as an emerging investment field, is gradually gaining recognition and acceptance from mainstream financial institutions and investors.

July 4 Update:

9 ETFs decreased 609 $BTC(-$35M).

#Grayscale decreased 535 $BTC(-$30.7M) and currently holds 274,724 $BTC($15.76B).
#ETFvsBTC #Binance #bitcoin #grayscale

#CRYPTO News >_ Grayscale Investments launches exclusive staking income fund for wealthy clients
#grayscale

📌 The approval of U. S. spot Ether ETF will depend on how quickly issuers can respond to comments from the Securities and Exchange Commission, says chairman Gary Gensler.

#grayscale #BTC #SpotETF #GaryGensler

#grayscale Investments and Bitwise have filed with the U.S. Securities and Exchange Commission (SEC) to list Options products in spot #Ethereum✅ #ETF offerings.

According to a filing by both asset managers, if approved, the New York Stock Exchange (NYSE) has been contractually assigned as the stock trading platform to list the products. $ETH

Don't Forget to Participate in the Airdrop Event Pinned in Profile!

👉👉👉 #grayscale Amends #BitcoinETF Application, Excludes Authorized Participant Details

Grayscale, a prominent #cryptocurrency asset management firm, recently submitted an amendment to its registration statement with the U.S. Securities & Exchange Commission (SEC) for a Bitcoin exchange-traded fund (ETF). The filing, made on January 2, raised eyebrows due to its lack of details regarding authorized participants, a crucial aspect in ETF applications.

The amended application, labeled "amendment no. 3," primarily focused on submitting certain exhibits without indicating modifications to the prospectus. Notably, Grayscale outlined a cash-creating strategy, adhering to the SEC's ETF issuer requirements. In this strategy, Grayscale only deals with cash for shares, intending to use it to acquire & hold spot Bitcoin rather than handling actual bitcoins.

The filing skipped naming authorized participants for share purchase and trading, raising questions. Despite CEO Michael Sonnenshein mentioning a participant since 2017, the filing provided no specific details, leaving this crucial information blank.

This absence of a defined authorized participant raised concerns about its potential impact on Grayscale's SEC approval prospects. Eric Balchnas, a senior ETF analyst at Bloomberg, expressed uncertainty about the decision to omit this information, as the SEC typically requires such details in filings. Additionally, the filing lacked information about fees.

Unlike Grayscale, competitors like Fidelity, WisdomTree, & Invesco Galaxy disclosed authorized participants on December 29. The SEC's decision on Bitcoin ETFs is expected by January 10, with potential responses in the first week of 2024.

Anticipation is high for a Bitcoin ETF approval, especially with Grayscale's move to convert GBTC. The CEO's mysterious post hints at developments linked to the SEC decision. Grayscale's $26 billion in assets could reshape fees and liquidity for Bitcoin investors if approved.

Source - Hassan Shittu @hassan-shittu
Website - Cryptonews

#CryptoNews🔒📰🚫 #BinanceSquare $BTC

#CathieWood ’s $ARK #BitcoinETF has record $87M outflow, surpassing GBTC

Today marked the second consecutive day of outflows from ARK 21Shares’ spot Bitcoin ETF, Cathie Wood's ARK 21 Shares Bitcoin exchange-traded fund (ETF), witnessing more than $87 million in daily outflows. This marks the first instance where the fund experienced larger daily outflows compared to Grayscale’s Bitcoin Trust (GBTC) since the launch of spot Bitcoin ETFs in the United States.

Preliminary data from Farside Investors indicates that the outflow from Ark 21Shares fund (ARKB) amounted to $87.5 million on April 2, approximately equivalent to 1,300 BTC. Notably, this follows the fund's loss of $300,000 in assets on its inaugural day of outflows on April 1.

#grayscale , which has consistently posted outflows every trading day since its transition to a spot ETF, reported another daily outflow of $81.9 million. Despite this, it was a comparatively low outflow day for GBTC, which has seen an average outflow of $254 million per day over the past five trading days, resulting in a total outflow of approximately $15.1 billion in the last three months.

However, a $150.5 million inflow for BlackRock's fund contributed to a net aggregate inflow of $40.3 million for the day, despite the outflows from ARKB and GBTC.

Although ARKB experienced two consecutive days of outflows, it remains the third-largest among the ten newly launched spot ETFs, excluding Grayscale, with assets under management (AUM) totaling $2.2 billion.

ARKB trails behind BlackRock’s and Fidelity’s funds, which command AUMs of $14.1 billion and $7.6 billion, respectively. Additionally, ARKB ranks as the sixth-largest holder of BTC among funds, corporations, and miners, currently holding a total of 44,662 BTC on its books, according to data from HODL15Capital.

Despite GBTC shedding a significant 291,000 Bitcoin since its ETF conversion, it continues to lead in terms of total Bitcoin held, with approximately 329,000 Bitcoin held at the time of publication.

Source - cointelegraph.com

#CryptoNews🔒📰🚫 #BinanceSquareTalks