Grayscale may consider buying back a portion of GBTC shares, if its attempt to convert GBTC into an ETF is unsuccessful. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

December 19, 2022 December 19th 📈 30 Second Cryptocurrency Price Summary Current Bitcoin Price: $16,640 Bitcoin price has started the week in the mid-$16,000s, following a failed show of strength from cryptocurrency's recent rally. Top-20 altcoins are mostly trading flat since yesterday, as Ethereum and BNB remain unchanged, XRP falls 3% and Shiba Inu is up 1%. Top Stories for December 19, 2022 🔥 👉 Grayscale Considers 20% Buyback Of GBTC Shares If ETF Fails Grayscale Investments CEO Michael Sonnenshein says that the firm may consider buying back a portion of Grayscale Bitcoin Trust (GBTC) shares, if its attempt to convert GBTC into an exchange-traded fund (ETF) is unsuccessful. The offer would be for no more than 20% of the outstanding shares of GBTC and would require regulatory approval from the US Securities and Exchange Commission and shareholder approval. Grayscale and GBTC are currently involved in a lawsuit with the SEC after the agency denied Grayscale's application to convert GBTC into a spot Bitcoin ETF. 👉 BTC Mining Difficulty Rises 3.27% After Big Dip Bitcoin mining difficulty has seen a jump of 3.27%, its largest since last summer, following a long period of decline. The reasons for the fluctuation are not fully understood, but it is thought to be related to the switching on and off of mining machines based on energy prices and profitability, as well as the deployment of more efficient models. The increase comes at an interesting time, however, as the market price of Bitcoin continues to hover around 2-yearly lows. 👉 Binance.US Enters Agreement To Purchase Voyager Digital Assets Binance.US has struck a deal with crypto lending company Voyager Digital to acquire its assets, beating offers from CrossTower, Wave Financial and INX. The deal "sets a clear path forward for Voyager customers' funds to be unlocked as soon as possible, and returned to them in the form of the cryptocurrencies previously held in their Voyager accounts." Update your email preferences or unsubscribe here © Bitcoin Daily 603 Munger Avenue Suite 100 #1006 Dallas, Texas 75202, United States Publish on beehiiv