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Grayscale filed an S-1 form with the Securities and Exchange Commission (SEC) on Nov. 13 to list Class A common stock on the New York Stock Exchange under ticker symbol GRAY.The firm manages approximately $35 billion across more than 40 crypto products, including spot Bitcoin and Ethereum ETFs.As a public company, Grayscale will have to disclose more financials and face shareholder pressure, which could influence future fee decisions and product strategy.The filing does not specify share count or pricing range for the proposed offering. Morgan Stanley, BofA Securities, Jefferies, and Cantor will serve as lead managing bookrunners.Financial performance shows revenue…

Bitcoin is slipping again, and the mood across the market is shifting. Traders who were celebrating six-figure prices only weeks ago are suddenly watching key levels evaporate.The move below $106,400 was the first real warning sign, the collapse through $99,000 confirmed that the market is no longer treating those supports as serious areas of interest.Now the charts are pointing toward the lower boundaries of the same ETF-era channels that have guided Bitcoin’s entire structure since January 2024.I have been tracking these horizontal channels since the day the ETFs launched. They have acted as remarkably accurate markers of support and resistance,…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A senior VanEck executive has reignited a long-running debate over XRP’s real-world utility, questioning both the relevance of the XRP Ledger and the economic case for holding the token—just as a new spot ETF has posted the strongest launch numbers of any fund this year. Matthew Sigel, head of digital assets research at VanEck, took direct aim at supporters on X, opening with a post that combined sarcasm and skepticism. “Dear XRP maxis,” he wrote, “I may never understand what your ‘blockchain’ actually does, but I’ll always…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin faced renewed selling pressure this week as large investment funds pulled money out at a pace not seen in months. Reports from Farside Investors showed that spot Bitcoin ETFs recorded about $866 million in withdrawals on Thursday, a sharp move that arrived even after the US government reopened following a 43-day shutdown. The flow of money leaving these funds caught the attention of traders who had expected a stronger reaction once political uncertainty cleared. Source: Farside Investors Heavy Withdrawals Hit Major Bitcoin Funds According to new…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure XRP investors are once again considering whether now is the right time to enter the market. New reports from analysts warn that XRP could soon become the center of a significant wealth shift, creating a rare opportunity for early adopters. They warn that acting sooner may give investors a critical advantage before broader forces and institutions jump in and limit access to the cryptocurrency.  Early XRP Buyers To Gain Massive Edge Time Traveler, a pseudonymous XRP commentator on X social media, has described XRP as the digital…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Kraken said it has no plans to rush into a US public listing, stressing that its current cash and risk controls give it room to wait. According to co-CEO Arjun Sethi, the exchange is “financially sound” and holds enough capital on its balance sheet as a private company. Kraken has raised $530 million since its 2011 founding, with a $500 million round in September that valued the firm at $15 billion. “We have enough capital on our balance sheet as a private company,” Sethi said. “We don’t…

The U.S. national debt surpassed $38 trillion in early November, and denoting the stock in bitcoin reveals a larger move than the underlying BTC price since January 20.According to the U.S. Treasury’s Debt to the Penny dataset, total public debt stood at $38.118 trillion as of November 6, up about $1.1 trillion since August 12 and above the late October breach of $38 trillion that drew new headlines.The $37 trillion threshold first made news in mid-August, then the next trillion arrived within weeks as issuance continued.Over the same period, spot BTC has generally traded within the $100,000 to $105,000 band…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data has revealed an interesting trend among XRP investors amid certain crucial updates regarding the leading altcoin, particularly the XRP Spot Exchange-Traded Funds (ETFs). With the market shifting towards a bearish state, the current behavior of investors could play a pivotal role in shaping the token’s next trajectory. Before Vs. After The XRP Spot ETFs Update XRP’s market dynamic has entered a decisive new chapter, as holders make key moves in the market. A recent report from CryptoQuant, a leading on-chain data analytics platform, has broken…

After defeating the US Securities and Exchange Commission over the status of XRP, Ripple has made a puzzling move: it’s not rushing to go public.Instead, the company is staying private. This choice says more about the uneasy fit between crypto firms and public markets than about Ripple’s finances.In July 2023, the court ruled XRP was not a security when sold on public exchanges. This landmark victory cleared what many saw as the last major hurdle before a public offering.After years of litigation, Ripple emerged vindicated. By standard metrics, this was when a startup would capitalize, reward backers, tap capital markets,…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Sentiment across the cryptocurrency market has sunk to its weakest point since February after a sharp sell-off pushed Bitcoin below the $100,000 psychological support level.  The downturn has fed directly into investor emotions, dragging the Fear & Greed Index to 15, a reading deep within the Extreme Fear zone. The entire crypto market is now down by about 6% in the past 24 hours, creating one of the most emotionally compressed trading environments seen this year. Crypto Fear & Greed Index Plunges To 15 The entire crypto…