Grayscale Ethereum Trust Hits Premium for First Time Since 2021
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Grayscale Ethereum Trust Hits Premium for First Time Since 2021

Grayscale’s Ethereum Trust (ETHE) has shifted from a discount to a premium in its net asset value (NAV) for the first time since November 2021, as reported by ycharts.com metrics. This adjustment comes just before the expected debut of spot ether exchange-traded fund listings expected to launch later this month. On July 2, 2024, ycharts.com […] Source: https://news.bitcoin.com/grayscale-ethereum-trust-hits-premium-for-first-time-since-2021/

Nigerian Officials Claim Detained Binance Exec Is 'Fine' Amid Health Concerns
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Nigerian Officials Claim Detained Binance Exec Is ‘Fine’ Amid Health Concerns

Nigerian prison officials said Thursday that Tigran Gambaryan, a senior Binance executive being held in the country, has no “serious health condition” and is doing “fine” in detention. Gambaryan’s family had said in a statement earlier in the week that he was “suffering immensely” while in custody amid a legal battle between the prominent crypto exchange and the Nigerian government.…

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Mt Gox Initiates Bitcoin Repayments to Creditors
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Mt Gox Initiates Bitcoin Repayments to Creditors

The Mt. Gox Rehabilitation Trustee has announced that repayments in bitcoin and bitcoin cash have begun for some creditors. Further repayments will occur once several conditions are met. Mt. Gox has moved significant bitcoin amounts ahead of its planned $9 billion repayment. Bitcoin’s price dropped amid these developments and other market activities. Mt. Gox Begins […] Source: https://news.bitcoin.com/mt-gox-initiates-bitcoin-repayments-to-creditors/

Germany’s BTC Wallet Sees Inflows, Mt Gox Moves Billions, US Gov Transfers $13.6M Unnoticed
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Germany’s BTC Wallet Sees Inflows, Mt Gox Moves Billions, US Gov Transfers $13.6M Unnoticed

Approximately 14 hours ago, the German government sold roughly $175 million worth of bitcoin, reducing its holdings to about 40,359 BTC. However, recent activity has increased the total back to 41,226 BTC. German Bitcoin Divestment Followed by Inflows From Major Exchanges This movement, along with transactions involving large bitcoin wallets like those of the German […] Source: https://news.bitcoin.com/germanys-btc-wallet-sees-inflows-mt-gox-moves-billions-us-gov-transfers-13-6m-unnoticed/