Grayscale has announced the value of its assets under management at $60.8 billion. Grayscale Bitcoin Trust is the largest of the products with 43,6 billion dollars, while Ethereum Trust has 14,9 billion dollars. The latest figures show that Grayscale Investments has overtaken the leading gold fund SPDR Gold Shares (GLD). SPDR Gold Shares has net assets of $59.26 billion and is currently in second place after Grayscale.
AMC Now Accepts Payments in Cryptocurrency
AMC Entertainment Holdings, the world's largest theater chain, has started accepting payments with crypto money online. AMC theaters will now accept payments in four different cryptocurrencies: Bitcoin, Litecoin, Ethereum, and Bitcoin Cash.
Taproot, Highly-Anticipated Bitcoin Update, Has Activated At Block Height 709,632
Taproot, the highly anticipated upgrade of Bitcoin, has finally been activated and is intended to provide better scalability, privacy, and security on the network, allowing developers to integrate new features into the Bitcoin network.
Ripple Will Strengthen the First-of-Its-Kind Payment Corridor Between UAE and Pakistan
Bank Alfalah, one of Pakistan’s most prominent private banks, has joined forces with LuLu Exchange, the Abu Dhabi-based remittance and foreign exchange company, to open a remittance corridor. Payments between the two countries will be made with the help of the RippleNet Cloud service.
Goldman Sachs: Gold Becomes Poor Man's Crypto
The head of energy research at Goldman Sachs said, "Just as we claim that silver is the poor man's gold, gold is maybe the poor man's cryptocurrency." said. As inflation fears increase, he sees that funds are starting to flow from gold to Bitcoin and said, "Historically, we have discussed that cryptocurrency and gold do not have to beat each other." said.
VanEck BTC Futures ETF to Be Listed on November 16
A new futures Bitcoin ETF will begin trading on the Chicago Options Exchange on November 16 under the name "VanEck Bitcoin Strategy ETF". Bitcoin ETFs based on futures trading remain the only possible solution to exposure to the cryptocurrency market for institutional investors in the United States.
Indian Approves First ETF That Will Invest in Crypto Firms
The Securities and Exchange Board of India (SEBI) approved the Invesco CoinShares Global Blockchain UCITS ETF, making it a first of its kind in India.
72% of All Shiba Inu (SHIB) Owners Are in Profit
Although the meme cryptocurrency Shiba Inu (SHIB) has been experiencing high price volatility in recent days, data shows that the vast majority of SHIB investors are still in profit.
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