Digital Currency Group

Marathon Digital's introduction of Anduro, a layer-2 network for Bitcoin, aims to enhance scalability and innovation within the ecosystem. While the company emphasizes community-driven development and innovative merge-mining capabilities, it seeks to collaborate with strategic partners to further drive Bitcoin adoption. However, the transition to trustless governance alternatives remains a key consideration for the network's long-term viability.

Foundry USA has held the top spot among mining pools since early 2022, riding the wave of North American mining operations' ascent following China's 2021 crackdown. Antpool, consistently at the second spot, began closing the gap around June.

The focus of the discussion revolved around NYSE Arca, Inc.'s proposed rule change related to listing and trading Grayscale Bitcoin Trust shares under NYSE Arca Rule 8.201-E, as per the memo released by the SEC.

Grayscale Investments is actively pursuing SEC approval for its Grayscale Bitcoin Trust's conversion into a spot bitcoin ETF. Recent discussions with the SEC revolve around NYSE Arca's proposed rule change. Grayscale's persistent efforts, court mandates, and engagements with BNY Mellon showcase its commitment. GBTC outlines plans for listing and ongoing share issuance. The broader industry, including major players like BlackRock and Fidelity, is also navigating the SEC approval process for spot bitcoin ETFs.

The all-cash deal, whose financial specifics remain undisclosed, signifies a shift in ownership for CoinDesk, previously under Digital Currency Group since a $500,000 purchase in 2016.

The SEC extends the deadline for Grayscale's Ethereum ETF decision until January 1, 2024, introducing uncertainty into Grayscale's strategic move, amidst a competitive landscape and evolving market dynamics.

The SEC has prolonged its scrutiny of Grayscale's Ethereum Futures Trust, a decision poised to influence the trajectory of cryptocurrency Exchange-Traded Funds (ETFs) in the US.

Luno was found to have been negligent in holding the plaintiff's funds.

The SEC will now reconsider Grayscale's request to transform its Grayscale Bitcoin Trust (GBTC) into a spot ETF.

US federal appeals court has ruled in favor of Grayscale Investments, allowing them to pursue the creation of an exchange-traded fund (ETF) based on Bitcoin, despite facing objections from the US Securities and Exchange Commission (SEC).