#GrayscaleHorizenTrust Grayscale Investments, established in 2013 as a subsidiary of Digital Currency Group, is a prominent digital currency asset manager offering a range of cryptocurrency investment products.
Their flagship product, the Grayscale Bitcoin Trust (GBTC), was the first publicly traded Bitcoin fund in the U.S., providing investors with exposure to Bitcoin through traditional brokerage accounts.
In addition to GBTC, Grayscale manages various other cryptocurrency funds, including the Grayscale Ethereum Trust (ETHE) and the Grayscale Digital Large Cap Fund (GDLC), which offer diversified exposure to multiple digital assets.
In 2024, Grayscale expanded its offerings by launching new funds, such as a spot Ether ETF, a mini Bitcoin ETF, and an investment fund focused on artificial intelligence-related cryptocurrency projects.
In August 2024, Peter Mintzberg, formerly of Goldman Sachs and BlackRock, succeeded Michael Sonnenshein as CEO, bringing extensive Wall Street experience to the firm.
Grayscale has been actively involved in regulatory discussions, notably winning a legal case against the SEC in August 2023, which paved the way for the approval of spot Bitcoin ETFs in the U.S.
As of December 2024, Grayscale continues to be a leading player in the cryptocurrency investment space, managing a diverse suite of products that provide investors with regulated exposure to digital assets.
As of December 25, 2024, Litecoin (LTC) is trading at approximately $108.17, reflecting a 2.15% increase from the previous close.
Recent developments in the Litecoin ecosystem include:
Price Recovery: Litecoin's price has rebounded by 22% from a one-month low of $87, reaching up to $105. This recovery is attributed to a halt in miner sell-offs, indicating potential stabilization and renewed investor confidence.
Market Sentiment: The recent price movements suggest a positive shift in market sentiment towards Litecoin, with traders and investors closely monitoring its performance amid broader cryptocurrency market trends.
For the most current information and real-time updates on Litecoin, consider consulting reputable cryptocurrency tracking platforms and official community channels. #BinanceAlphaAlert
As of December 25, 2024, Bio Protocol (BIO) has been introduced as the 63rd project on Binance Launchpool, a platform that allows users to stake cryptocurrencies to earn new tokens.
Key Details:
Farming Period: Users can stake BNB and FDUSD to farm BIO tokens over a ten-day period starting December 24, 2024.
Token Allocation: A total of 99.6 million BIO tokens, representing 3% of the initial supply, are allocated for Launchpool farming. The maximum token supply is set at 3.32 billion, with 1.29 billion BIO tokens (39.05% of the total supply) in circulation at the time of listing.
Trading Launch: Binance plans to list BIO for trading on January 3, 2025, with pairs including BIO/USDT, BIO/BNB, BIO/FDUSD, and BIO/TRY.
About Bio Protocol:
Bio Protocol is a decentralized science (DeSci) platform designed to accelerate biotechnology by enabling global communities of patients, scientists, and biotech professionals to collectively fund, develop, and own tokenized biotech projects and intellectual property.
The protocol comprises several BioDAOs, each focusing on specific scientific areas, including:
VitaDAO: Concentrates on longevity research.
AthenaDAO: Focuses on reproductive health.
ValleyDAO: Prioritizes anti-aging and longevity projects.
PsyDAO: Funds psychedelic science initiatives.
HairDAO: Addresses hair loss issues.
CryoDAO: Dedicated to cryopreservation research.
CerebrumDAO: Promotes brain health initiatives.
Participation Requirements:
To participate in BIO farming on Binance Launchpool, users must complete Binance’s KYC process. The BIO Protocol webpage is expected to be available 12 hours before farming begins.
Token Distribution:
The allocation of BIO tokens is as follows:
Community and Ecosystem: 56%
Early Contributors: 25.4%
Early Backers: 18.6%
This strategic distribution aims to foster a robust and engaged community, driving the advancement of decentralized science initiatives.
For more detailed information, please refer to Binance's official announcement.
As of December 25, 2024, Bitcoin (BTC) is trading at approximately $98,017, reflecting a 4.11% incre
Recent developments in the Bitcoin ecosystem include: North Korean Hackers Steal $300 Million in Bitcoin: Hackers from North Korea have reportedly stolen over $300 million worth of Bitcoin from the Japanese crypto exchange DMM Bitcoin. The attack was executed by the group TraderTraitor, associated with the state-sponsored Lazarus Group, through a targeted social engineering scheme involving LinkedIn. Bitcoin's Potential Peak in Mid-January: Crypto research firm K33 suggests that Bitcoin may rea
The market is back, brothers, hold on tight Many coins can be bought, but just hold them steadily, no need to overthink, they will all comeback. Wishing everyone a Merry Christmas Eve, and I will continue to give out red envelopes! Answer: Merry Christmas Eve
Binance Exclusive Chat Room, deposit 1000 first and then do 2000!🧧 If you don't know how to find the chat room after entering, see image 234! For those who haven't entered yet, hurry up, we will continue to send password red envelopes and Binance merchandise on New Year's Day! 骚哥专属聊天室点此直接进领口令红包还有周边拿 $ETH
Many brothers do not understand why the high-level market is obviously in a bearish trend, yet Bitcoin has risen again. So, Brother Lie observes that many short sellers in the square are about to incur heavy losses! In fact, using Brother Lie's five-wave analysis method, any bearish trend, when encountering strong support and completing four waves, as long as the fourth wave does not break the lowest point of the first wave, will lead to a fifth wave, which is a strong rebound of the main upward wave. This strong rebound can test higher level resistance! Therefore, you see, as long as the main upward wave is pulled up, it is very difficult for it to come down immediately; it will only charge upward like a wild horse, crashing towards the upper resistance! So, short sellers must not go against the main upward wave; otherwise, if they don't manage their positions well, they will incur greater losses and may even face liquidation! Remember!
About BioCoin price prediction BioCoin (BIO) is a cryptocurrency . BioCoin has a current supply of 845,785,803.06418 with 845,785,803.0641785 in circulation. The last known price of BioCoin is 0.00028236 USD and is up 5.17 over the last 24 hours. #BioLaunchpool
Although the market rebounded late, it arrived as expected. It is uncomfortable to be trapped, but it is even more uncomfortable to sell at a low price. The market rebounded again. This is the most uncomfortable operation. In the past period of time, no matter how difficult the market was, Taco did not let friends sell a chip, but added some cheap chips
From the trend, the big cake has just broken through the resistance near 95600. It can rise better if it steps back to this position. The resistance near 99600 above still exists. The overall trend is also turning upward
Taco vaguely remembers that RWA ignited the market in the last bull market. The outstanding performance of ZEN and LPT in the past two days can be said to have rekindled the passion of the entire market. With the new mine of BNB, the market sentiment is igniting
Now just wait patiently for Taco to update the position of reducing positions. After this round of reducing positions, we need to make adjustments to the ambush currencies. The times make heroes. Go with the trend and ambush the next hot spot. Let's move forward with Taco
🚨🐋 BTC price at risk of a drop to $20,000: 5 things you need to know about Bitcoin this week🔮
Bitcoin traders are quickly adjusting their short-term outlook on the BTC price as support fails and the BTC/USD price heads even lower than $100,000.
Bitcoin starts the Christmas week on a bearish crossover, as BTC price support weakens and forecasters see the possibility of a significant drop.
A "bearish engulfing" on weekly time frames has traders nervous about the short-term outlook for BTC/USD.
Targets for a possible deeper correction include a return to former all-time highs of around $74,000.
U.S. labor data leads a quiet macro week, but markets are still reeling from last week's aggressive Fed meeting.
Those looking for long-term exposure in BTC have their first buying opportunity in two months, according to data from a dedicated indicator.
🚨$80,000 appears as a short-term target for the BTC price🚨
The holiday periods bring new challenges for cryptocurrency market participants due to extended "off-hours" trading periods.
The absence of the liquidity profile typically available on weekdays can exacerbate upward or downward movements.
Taking a broad view of the liquidity landscape on exchanges, trader and commentator Mark Cullen is now observing two key levels to watch in 2025. One will be painful for the bulls.
Wishing you a Merry Christmas! May all your wishes come true!
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Nuts坚果
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Merry Christmas! Sending red envelopes everywhere 🧧 to celebrate! Wishing you a Merry Christmas and may all your wishes come true! #圣诞行情分析 #bnb一輩子 $BNB
🔶 Binance and the Mario Question Mark Block (? Block) seem to go well together?
#币安圣诞五天乐 “ ? Block ” is a classic element from the Mario game. When Mario jumps and hits it, various rewards will drop, such as coins, mushrooms, stars, and other items.
Binance is like the ? Block in the Blockchain world; with each new product launch and every technological breakthrough, Binance opens the next 'question mark block' for users, bringing surprises, growth, and more possibilities.
👉🏻 Thank you, Binance, for this year's #BinanceSquare Annual Creator + Best Potential Star award; this is the best ? Block Surprise for Pump Pump 🎉🎄
(This time, let this trophy represent Binance's 'golden' element 😇
Family, only Da Bing has no funds flowing in, and since the high point of 108,000, funds have been flowing out. Now the opportunities are waiting for a time correction, and counterfeit funds are already starting to change hands. Funds are slowly beginning to accumulate. At this time, we must also seize the opportunity. If it dares to drop, we should gradually invest our funds.
Brothers, you all got some money from this wave of trading last night! Many people get anxious when they see a 1-2 point adjustment, but didn’t you look at the profit and loss ratio of the strategy? The maximum retracement is 6%, and the profit margin is 8%-10%. The profit and loss ratio is 1:1.2/1.6. Is my order so easy to lose money?
Bitcoin is trying to break through the descending channel and is approaching resistance levels. The recent resistance levels are 97,000, 99,000, and 102,000. Those looking to go long should not chase at these levels; it's better to wait for a pullback.