Grayscale has got approval from FINRA, the Financial Industry Regulatory Authority, to list shares from its Ethereum trust publicly for the retail investors, said the firm.
The Digital Currency Group has 10 funds in management, the vast majority of which are just accessible to certified investors. After this news, the Ethereum Trust, which is similar to the bitcoin trust to Grayscale’s Bitcoin Trust, will be freely traded over the counter along with the other securities. Grayscale does not operate as a normal exchange, which guarantees greater liquidity, lower expenses, and more extensive accessibility.
However, Grayscale says it will enable investors … Read the rest
Brave will let you now tip users on Twitter with BAT, the cryptocurrency behind the privacy-focused browsers.
In the latest Nightly release, Brave brave added a new feature to enable users to send BAT tips to Twitter users. The Nightly version is the most recent beta of the browser and incorporates new features for testing. The new release might not be stable and may have bugs that need to be fixed before the final version is released.
The new tipping feature for Twitter users will show a small BAT icon near the usual comment, retweet and like features. Clicking on … Read the rest
On June 1, the biggest Switzerland bank will cease paying interest on adult saving accounts according to a report published on swissinfo.ch
UBS already applies a zero interest rate for accounts bigger than half a million Swiss francs.
Accounts smaller than half a million right now acquire a rate of 0.01%, the same as at Credit Suisse, the other big bank in Switzerland. Other banks pay a small rate which averages at 0.07%.
In a statement for the news agency the bank noted:
… Read the rest
“UBS assumes that this phase of very low interest rates will continue for some time to come.
The largest telecommunications company in the world AT&T announced to accept now payments in Bitcoin via Bitpay.
AT&T Now Accepts Bitcoin
As indicated by a May 23 announcement on att.com, AT&T becomes the first mobile carrier in the U.S. to offer the option to pay with bitcoin for their packages.
“AT&T* will now accept online bill payments through BitPay, a respected cryptocurrency payment processor. AT&T becomes the first major U.S. mobile carrier to provide a cryptocurrency payment option to customers.” The announcement noted.
VP Kevin McDorman, AT&T vice president of Communications Finance Business Operations said in the announcement:
… Read the rest
A weird short article was posted yesterday on New York Post newspaper, titled “Bitcoin will soon be worth zero”.
There is nothing wrong having an opinion against bitcoin or crypto in general but the strange thing is that no argument is given except that Mario Draghi doesn’t like bitcoin.
Here it is the whole article in the screenshot below.
Of course, Bitcoin is a threat to the banking business, so it is normal that bankers don’t like it, but it is not an argument.
The New York Post columnist John Crudele who wrote this article seems to have also … Read the rest
This is no time for ETF hopium. If the SEC doesn’t delay the VanEck bitcoin ETF proposal, the most likely result is rejection, not approval. The SEC delayed Bitwise last week, but still hasn’t made a decision on VanEck. Here’s why that’s a bad sign for ETF bulls.
The Bitwise & VanEck proposals were published in the Federal Register on February 15 & 20 respectively. Those dates triggered the SEC’s deadlines for reviewing the ETFs. I covered the SEC’s ETF process & timeline here:
Heading into Blockchain Week, Bitwise & VanEck were coming up on their 90-day deadlines for … Read the rest