Grayscale
Bitcoin Price Briefly Drops Below $26K as Crypto Traders Suffer $1B in Liquidations
Bitcoin (BTC) is trading near $26,000, as the largest cryptocurrency by market cap is on track for its worst weekly decline since the collapse of FTX. "The Hash" panel discusses the state of crypto amid bitcoin's latest sell-off along with current sentiment across the industry. Plus, insights on the absence of a court decision between the SEC and Grayscale. CoinDesk and Grayscale are both owned by Digital Currency Group (DCG).

Bitcoin ETF Approval Odds Just Got Better: Bloomberg Analysts
They now see a 65% chance a U.S. spot bitcoin ETF will launch this year, up from 50% previously.

Grayscale Urges Equal Treatment for All Spot Bitcoin ETF's in Letter to SEC
If the SEC decides to change course and approve one or more of the above stated spot bitcoin ETF applications, “it must do so in a fair and orderly manner,” the statement said.

Bitcoin Could Reach $50K by Year End: ProChain Capital President
Bitcoin (BTC) is hovering around the $30,000 level and ProChain Capital president David Tawil predicts that the largest cryptocurrency by market capitalization could reach $50,000 by the end of the year. Plus, why Tawil thinks renewed interest in a spot Bitcoin ETF is benefiting Grayscale Bitcoin Trust and Coinbase. CoinDesk and Grayscale are both owned Digital Currency Group (DCG).

Grayscale Bitcoin Trust Discount Narrows In Wake of Spot Bitcoin ETF Race in U.S.
GSR Markets co-founder and President Rich Rosenblum discusses his crypto markets analysis and outlook as bitcoin (BTC) remains steady over $30,000. Plus, Rosenblum addresses the discount to net asset value for the Grayscale Bitcoin Trust narrowing in the wake of asset manager BlackRock’s application to open a spot bitcoin ETF in the United States. Grayscale and CoinDesk are both owned by DCG.

Sen. Tuberville Calls on DOJ, SEC to Investigate Prometheum; Could Bitcoin Reach $120K by 2024?
“CoinDesk Daily” host Jennifer Sanasie discusses the hottest stories in crypto, including why one bank predicts bitcoin (BTC) could rise to $120,000 by the end of 2024. Sen. Thomas Tuberville is asking the SEC and DOJ to look into crypto broker Prometheum. Lawyers for Grayscale are criticizing regulators for approving a leveraged bitcoin-based exchange traded fund. And, a closer look at Starbucks' latest NFT collaboration.

Grayscale Bitcoin Trust Discount Narrows to Lowest Since May 2022
Buying for the trust has picked up on hopes the SEC might soon approve a spot bitcoin ETF.

Grayscale Argues Leveraged Bitcoin Futures ETF Approval Shows Spot ETF Should Be Approved
The crypto asset manager is suing the SEC for rejecting its bitcoin ETF application last year.

Horizen Sheds Privacy Coin Moniker Amid Global Regulatory Scrutiny
Self-described layer 0 blockchain Horizen is shedding its privacy coin moniker following global regulatory scrutiny. Horizen co-founder and CEO Rob Viglione discusses the move and what it means for the broader crypto ecosystem. Horizen is backed by crypto hedge fund Grayscale's Horizen Trust. Grayscale and CoinDesk are both owned by Digital Currency Group.

GBTC Volume Increases 79% in June Amid TradFi ETF Applications
The trust’s trading volume increased to $45 million in June.
