Nasdaq-listed cryptocurrency exchange Coinbase has thrown its weight behind Grayscale Investments' application to convert its Ethereum Trust into a spot Ether exchange-traded product (ETP).
Options contracts for Bitcoin are suggesting a potential surge in price following the upcoming halving event, according to an analyst who inferred the sentiment from the positioning of strike prices and the put-call ratio for options expiring in June.
Hong Kong’s government has reaffirmed its commitment to advancing legislation for the regulation of stablecoins and digital asset over-the-counter (OTC) trading services.
Top stories in the Crypto Roundup today:
- Coinbase Backs Grayscale’s Ethereum ETP Bid
- Bitcoin Options Signal Bullish Outlook After Halving
- Hong Kong Reaffirms Plan to Regulate Stablecoins and Crypto OTC Trading Services
- Total Stablecoin Market Cap Reaches Highest Level Since Start Of 2023