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Consensus Magazine

How U.S. Judges Might Save Crypto From the SEC

Separation-of-powers offers hope to an industry under attack from unchecked executive power, says Michael Casey, CoinDesk's chief content officer.

By Michael J. Casey

Mar 10, 2023 at 5:00 p.m. UTC

Mar 10, 2023

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Stock chart (Nicholas Cappello/Unsplash)

Markets

Gbtc

Shares of Grayscale Bitcoin Trust Form Bullish Chart Pattern: Technical Analyst

The bullish reversal pattern would open doors for a 50% price rally, chart analysts said.

By Omkar Godbole

Mar 9, 2023 at 12:36 p.m. UTC

Mar 9, 2023

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Federal Reserve Chair Powell Holds Press Conference On Interest Rate Announcement (Drew Angerer/Getty Images)

Markets

First mover

First Mover Americas: Bitcoin Belted by Rate Fears

The latest price moves in crypto markets in context for March 8, 2023.

By Lyllah Ledesma Omkar Godbole

Mar 8, 2023 at 1:28 p.m. UTC

Mar 8, 2023

First MoverMarketsGrayscaleBitconInterest Rates

Reflections in the Wet Sidewalk of Modern Office Skyscrapers in The City of London

Policy

Regulations

Silvergate's Collapse May Spell Regulatory Trouble for Crypto

Silvergate’s woes are an ill omen for the broader crypto industry.

By Nikhilesh De

Mar 7, 2023 at 11:52 p.m. UTC

Mar 7, 2023

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Grayscale's new ad campaign in New York's Penn Station. (Nikhilesh De/CoinDesk)

Markets

Gbtc

GBTC Discount Narrows to Lowest Level Since November Following Court Hearing

The three-judge panel appeared skeptical of the SEC’s reasoning for denying conversion of the trust to an ETF.

By Lyllah Ledesma

Mar 7, 2023 at 8:05 p.m. UTC

Mar 7, 2023

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CDCROP: Grayscale's Michael Sonnenshein speaks at Invest: NYC 2019 (CoinDesk)

Consensus Magazine

Opinion

A Dozen Reasons Why the SEC Should Have Approved Grayscale's Spot Bitcoin ETF

Gary Gensler has rejected every bitcoin exchange-traded fund application in the name of consumer protection. So why doesn't he listen to what consumers have to say?

By Daniel Kuhn

Mar 7, 2023 at 7:59 p.m. UTC

Mar 7, 2023

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U.S. Court of Appeals for District of Columbia Circuit

Policy

Regulations

Judges Express Skepticism of SEC Arguments in Grayscale Bitcoin ETF Hearing

The panel of appeals court judges questioned the SEC's logic in drawing a distinction between bitcoin spot market prices and futures market prices.

By Nikhilesh De

Mar 7, 2023 at 4:23 p.m. UTC

Mar 7, 2023

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Markets

First mover

First Mover Americas: Grayscale Bitcoin Trust at Issue in Court

The latest price moves in crypto markets in context for March 7, 2023.

By Lyllah Ledesma Omkar Godbole

Mar 7, 2023 at 1:10 p.m. UTC

Mar 7, 2023

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Markets

Grayscale

GBTC Discount Narrows to 42% Ahead of Grayscale’s ETF Hearing Tuesday

The closed-end fund's discount to net asset value had widened to 47% in mid-February.

By Lyllah Ledesma

Mar 6, 2023 at 6:10 p.m. UTC

Mar 6, 2023

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Policy

Regulations

Grayscale to Argue SEC’s Inconsistency as Bitcoin ETF Dispute Heads to Court

The company’s appeal of the Securities and Exchange Commission’s rejection of its bitcoin ETF will be argued in U.S. federal court next week in Washington, D.C.

By Jesse Hamilton

Feb 28, 2023 at 5:01 p.m. UTC

Feb 28, 2023

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