Grayscale Gets Regulatory Nod From FINRA for Ethereum Trust to Trade on OTC Markets

The company’s ETHE is its third product to make the grade, following analogs for bitcoin and ethereum classic. American digital asset manager Grayscale Investments confirmed its Ethereum Trust (ETHE) has gained regulatory approval from the Financial Industry Regulatory Authority (FINRA) for retail trading. The news was announced in a press release issued on May 23. […]

Continue Reading

Study: Bitcoin Derivatives Exchanges Register Record Trading Volumes

According to Diar’s recent report, institutional traders have registered record high volumes on bitcoin derivatives exchanges. Cryptocurrency research firm Diar has indicated that institutional traders recently registered record high volumes on bitcoin (BTC) derivatives exchanges in a report published on May 21. Per the report, bitcoin derivatives trading on the Chicago Mercantile Exchange (CME) hit […]

Continue Reading

ShapeShift’s Voorhees: Bitcoin Won’t Become Trillion-Dollar Asset Without More Bubbles

The instant convertor’s CEO told Bloomberg that current volatility is an essential part of crypto’s metamorphosis. The CEO of instant cryptocurrency exchange platform ShapeShift told Bloomberg TV on May 15 that bubbles are an essential part of the industry’s growth. Speaking in an interview, Erik Voorhees argued that the volatility seen in bitcoin (BTC) and […]

Continue Reading