Grayscale Bitcoin Trust’s (GBTC) discount to net asset value (NAV) has continued to narrow in the wake of BlackRock’s filing for a spot Bitcoin exchange-traded fund (ETF) in the United States, to now hover around 27%.
Bitcoin’s hashrate, a crucial metric of the network’s security and health, has hit a new high of 465 EH/s over the weekend, up from around 406 EH/s on the previous day. The network’s hashrate has been steadily growing, even as prices remain depressed.
A blockchain developer has recently said he has reverse-engineered the source code for Brazil's prototype central bank digital currency (CBDC), and claims to have discovered functionalities within the code that could enable a governing body to freeze funds or deduct from balances.
Top stories in the Crypto Roundup today:
- GBTC Discount Hits Lowest Level Since May 2022
- Bitcoin Hashrate Hits Record High of 465 EH/s
- Brazil’s CBDC Code Allows Fund Freezing and Balance Adjustment, Developer Claims
- Chart of the Week: BTCUSD’s ~9% Discount on Binance.US