Grayscale Investments has filed with the SEC to rename its Grayscale Litecoin Trust as the Grayscale Litecoin Trust ETF, aiming to list it on NYSE Arca. This move would allow the trust to operate as a proper ETF with creation and redemption mechanisms, enabling its share price to better track the actual value of Litecoin. The trust has seen a significant drop in assets under management, from $215 million in early 2025 to $82 million by mid-2026. Approval would expand crypto ETF options for investors, following similar conversions Grayscale completed for Bitcoin and Ethereum trusts.
Ethereum experienced sharp price swings after briefly rising above $2,600 then falling near $2,400. Wintermute transferred 61,847 ETH worth $160.3 million to Binance and Coinbase, raising concerns about potential selling. However, exchange supply of ...
A Coinbase engineer created an open-source project called Stonkfly that connects a simulated fruit fly brain to a Bitcoin trading system. Instead of using direct price data, the system interprets Bitcoin candlestick charts visually and rewards profit...
Bitcoin, Ethereum, and XRP are under pressure due to rising expectations of a Federal Reserve interest rate hike at the September 15-16 meeting, with an 86.5% chance of a 25 basis point increase. This would be the Fed's first rate hike in three years...
Chainlink's price has surged about 35% over the past month, driven by renewed institutional interest and upcoming U.S. policy events. LINK traded near $11 on September 12, with technical support at $11 suggesting potential for a breakout above $12. E...
Ripple's product head Jazzi Cooper emphasized institutional credit as a major potential use case for XRP, driven by new lending features on the XRP Ledger (XRPL). The XRPL is introducing amendments XLS-65 and XLS-66, enabling pooled asset vaults and ...
